---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-045212"
form_type: "8-K"
ticker: null
cik: "0001429560"
company_name: "TREVENA INC"
filed_at: "2024-04-09T23:59:59+00:00"
generated_at: "2026-06-04T00:53:17.800790+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Trevena receives Nasdaq delisting notice for negative stockholders' equity of $7.7M

## Summary
- Nasdaq notified Trevena it fails minimum $2.5M equity standard; equity was -$7.657M as of Dec 31, 2023.
- Company also does not meet alternative market value or net income standards.
- Appeal hearing before Nasdaq Panel scheduled for May 2, 2024; company must submit compliance plan by then.
- Prior bid price deficiency notice (below $1.00) also pending; both issues must be resolved for continued listing.
- There is no assurance the Panel will grant an extension or that compliance can be regained.

## SEC filing metadata
- accession: 0001104659-24-045212
- form_type: 8-K
- cik: 0001429560
- company_name: TREVENA INC
- filed_at: 2024-04-09T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1429560/000110465924045212/0001104659-24-045212-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1429560/000110465924045212/tm2411454d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-045212
- JSON: https://secwatch.observer/filing/0001104659-24-045212.json
- Plain text: https://secwatch.observer/filing/0001104659-24-045212.txt

## Key facts
- Listing & Compliance Notices
  TREVENA INC received a nasdaq noncompliance notice notice regarding late filing (rules 5550(b)(1), 5550(a)(2)).
  - Exchange: nasdaq
  - Notice: noncompliance notice
  - Deficiency: late filing
  - Rules: 5550(b)(1), 5550(a)(2)
  source text: December 31, 2023, and that, as of April 5, 2024, the Company did not meet the Alternative Standards. The Notice has no immediate effect on the Company’s listing on The Nasdaq Capital Market. As previously disclosed, on March 1, 2024, the Company received a letter from Nasdaq stating that, for the last 30 consecutive business days, the bid price for the Company’s common stock had closed below the minimum $1.00 per share required for continued inclusion on The Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”) and was not eligible for a second 180-d
  evidence_url: https://www.sec.gov/Archives/edgar/data/1429560/000110465924045212/0001104659-24-045212-index.htm

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