secwatch.observer — SEC 8-K summary
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Issuer:     TREVENA INC (—)
CIK:        0001429560
Form:       8-K
Filed at:   2024-03-06T23:59:59+00:00
Accession:  0001104659-24-031524
Event type: regulatory
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1429560/000110465924031524/0001104659-24-031524-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1429560/000110465924031524/tm248109d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-031524

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