Form 8-K TREVENA INC For: Mar 01

Go back to Form 8-K TREVENA INC For: Mar 01

Trevena (TRVN) Receives Nasdaq Delisting Determination, Requested Appeal

March 6, 2024 5:04 PM EST

As previously disclosed, on September 1, 2023, Trevena (NASDAQ: TRVN) received a letter (the Notice) from the Listing Qualifications Department (the Staff or Nasdaq) of The Nasdaq Stock Market indicating that, for the last 30 consecutive business days, the bid price for the Companys 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). The Company was thereafter provided until February 28, 2024, to demonstrate compliance with the Minimum Bid Price Requirement.

On March 1, 2024,... More