---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-031524"
form_type: "8-K"
ticker: null
cik: "0001429560"
company_name: "TREVENA INC"
filed_at: "2024-03-06T23:59:59+00:00"
generated_at: "2026-06-05T02:31:56.420922+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Trevena receives Nasdaq delisting notice; hearing scheduled for May 2, 2024

## Summary
- Nasdaq notified Trevena on March 1, 2024 it fails minimum bid price and $5M equity requirements.
- Trevena requested a hearing on March 5, 2024, staying delisting pending panel decision.
- Panel hearing is scheduled for May 2, 2024 at 10:00 a.m. via video conference.
- Trevena will submit a compliance plan but warns of no assurance the panel will grant continued listing.
- Stock close below $1.00 for over 30 consecutive business days; monitoring options if price remains low.

## SEC filing metadata
- accession: 0001104659-24-031524
- form_type: 8-K
- cik: 0001429560
- company_name: TREVENA INC
- filed_at: 2024-03-06T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1429560/000110465924031524/0001104659-24-031524-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1429560/000110465924031524/tm248109d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-031524
- JSON: https://secwatch.observer/filing/0001104659-24-031524.json
- Plain text: https://secwatch.observer/filing/0001104659-24-031524.txt

## Key facts
- Listing & Compliance Notices
  TREVENA INC received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2)
  source text: March 5, 2024, the Company submitted a request for a hearing to appeal the Staff’s delisting determination. In response to the Company’s request for a hearing, on March 5, 2024, the Company received a letter from Nasdaq granting the Company’s request for a hearing on appeal and staying the delisting action noted in the Staff’s letter pending a final decision by the Panel and the expiration of any additional extension period granted by the Panel following the hearing. The Panel hearing is scheduled for May 2, 2024, at 10:00 a.m. via video conference. The Company intends to submit a plan to the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1429560/000110465924031524/0001104659-24-031524-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.