---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-115049"
form_type: "8-K"
ticker: null
cik: "0001429560"
company_name: "TREVENA INC"
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T03:26:04.897504+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Trevena delisted from Nasdaq; board reduced to 3; Q3 net loss $4.9M; strategic review continues

## Summary
- Net loss $4.9M ($5.79/share) in Q3 2024 vs $7.9M ($14.20/share) in Q3 2023; cash $13.5M.
- Received $2M non-dilutive tranche from R-Bridge; eligible for up to $8M more; $10M debt forgiveness.
- Four directors resigned Nov 5; board reduced to 3 members (Bourdow, Braunstein, Yanni).
- Nasdaq delisting effective Oct 8; stock now trades on OTC Pink under symbol TRVN.
- Company has 4 employees after terminating senior executives who continue as consultants.

## SEC filing metadata
- accession: 0001104659-24-115049
- form_type: 8-K
- cik: 0001429560
- company_name: TREVENA INC
- filed_at: 2024-11-07T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1429560/000110465924115049/0001104659-24-115049-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1429560/000110465924115049/tm2427743d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-115049
- JSON: https://secwatch.observer/filing/0001104659-24-115049.json
- Plain text: https://secwatch.observer/filing/0001104659-24-115049.txt

## Key facts
- Executive change
  Marvin Johnson, Jr. resigned as Director at TREVENA INC.
  - Action: resigned
  - Role: Director
  source text: each of Mark Corrigan, M.D., Marvin Johnson, Jr., Anne M. Phillips, M.D., and Jake R. Nunn resigned from the Board of Directors of the Company (the “Board”) and the committees thereof, effective as of November 5, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1429560/000110465924115049/0001104659-24-115049-index.htm
- Executive change
  Mark Corrigan resigned as Director at TREVENA INC.
  - Action: resigned
  - Role: Director
  source text: each of Mark Corrigan, M.D., Marvin Johnson, Jr., Anne M. Phillips, M.D., and Jake R. Nunn resigned from the Board of Directors of the Company (the “Board”) and the committees thereof, effective as of November 5, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1429560/000110465924115049/0001104659-24-115049-index.htm
- Executive change
  Jake R. Nunn resigned as Director at TREVENA INC.
  - Action: resigned
  - Role: Director
  source text: each of Mark Corrigan, M.D., Marvin Johnson, Jr., Anne M. Phillips, M.D., and Jake R. Nunn resigned from the Board of Directors of the Company (the “Board”) and the committees thereof, effective as of November 5, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1429560/000110465924115049/0001104659-24-115049-index.htm
- Executive change
  Anne M. Phillips resigned as Director at TREVENA INC.
  - Action: resigned
  - Role: Director
  source text: each of Mark Corrigan, M.D., Marvin Johnson, Jr., Anne M. Phillips, M.D., and Jake R. Nunn resigned from the Board of Directors of the Company (the “Board”) and the committees thereof, effective as of November 5, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1429560/000110465924115049/0001104659-24-115049-index.htm

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