Market Movers (8-K)
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TRVN
Trevena INCTrevena, Inc. has settled its royalty-based loan agreement with R-Bridge Investment Four Pte. Ltd. by assigning its China royalty rights for Olinvyk, while retaining commercialization milestone payments.
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Trevena INCTrevena, Inc. enters into a securities exchange agreement to exchange outstanding warrants for cash, common stock, and a new pre-funded warrant.
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Trevena INCTrevena, Inc. implements cost-cutting measures including a director's resignation, an officer's termination, and a subsequent consulting agreement with the terminated officer.
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Trevena INCTrevena, Inc. has ceased the sale of its remaining OLINVYK dosage strengths, citing business and financial considerations.
Worse than expected
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Trevena INCTrevena Inc. has appointed Katrine Sutton as its new principal financial officer and principal accounting officer, effective November 26, 2024, replacing Barry Shin.
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Trevena INCTrevena reported a net loss of $4.9 million for Q3 2024, alongside significant cost-cutting measures including executive departures and a board reduction.
Worse than expected
Quarterly Earnings (10-Q)
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TRVN
Trevena INCTrevena Inc. reported its Q3 2024 financial results, highlighting a net loss and ongoing strategic review, alongside significant cost-cutting measures including executive departures and a reverse stock split.
Worse than expected
Capital raise
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Trevena INCTrevena Inc. announced its second quarter 2024 financial results, highlighting a strategic review process and reduced commercial support for its lead product, OLINVYK.
Worse than expected
Capital raise
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Trevena INCTrevena Inc. announced its first quarter 2024 financial results, highlighting a strategic review of its commercial operations for OLINVYK and ongoing efforts to maintain Nasdaq listing compliance.
Worse than expected
Capital raise
Annual Reports (10-K)
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TRVN
Trevena INCTrevena Inc.'s 2023 annual report reveals a company in transition, reducing commercial support for its only approved product, OLINVYK, while exploring strategic alternatives to preserve capital.
Capital raise
Worse than expected
Insider Trading (Form 4)
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Trevena INCMark Demitrack, Acting CMO of Trevena Inc., reports the disposal of common stock to cover tax obligations upon the vesting of restricted stock units.
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Trevena INCBarry Shin, Acting COO and CFO of Trevena Inc., reports the disposal of common stock to cover tax obligations upon the vesting of restricted stock units.
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Trevena INCCarrie L. Bourdow, Acting CEO of Trevena Inc., reports the withholding of shares to cover tax obligations upon the vesting of restricted stock units.
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Trevena INCRobert Yoder, SVP and Chief Business Officer of Trevena Inc., reports the withholding of 487 common stock shares to cover tax obligations related to vested restricted stock units and performance stock units.
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Trevena INCBarry Shin, CFO of Trevena Inc., reports the withholding of shares to cover tax obligations related to the vesting and settlement of restricted stock units.
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Trevena INCDirector Scott Braunstein acquired stock options for 13,700 shares of Trevena Inc. (TRVN) on June 13, 2024.
Proxy Statements (Def-14A)
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Trevena INCTrevena Inc. files an amendment to its definitive proxy statement to correct the quorum requirement for its upcoming Annual Meeting of Stockholders.
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Trevena INCTrevena Inc. has amended its definitive proxy statement to clarify the voting standard for Proposal 5, concerning a potential reverse stock split, and the impact of abstentions and broker non-votes.
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Trevena INCDEF 14A: Trevena, Inc. Seeks Stockholder Approval for Reverse Stock Split and Equity Incentive Plan Amendment
Trevena, Inc. is asking stockholders to approve a reverse stock split and an amendment to its equity incentive plan at the upcoming annual meeting.
Worse than expected
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Trevena INCDEFA14A: Trevena Adjourns Special Meeting to April 19th to Solicit More Votes for Share Issuance Proposal
Trevena, Inc. has adjourned its Special Meeting of Stockholders to April 19, 2024, to allow for additional solicitation time regarding a proposal to authorize the issuance of common stock underlying certain warrants.
Delay expected
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Trevena INCTrevena Inc. has adjourned its Special Meeting of Stockholders due to a lack of quorum and will reconvene on April 19, 2024, after further soliciting votes.
Worse than expected
Delay expected
Schedule 13G - Passive Investments
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TRVN
Trevena INCArmistice Capital, LLC and Steven Boyd report acquiring a 9.91% beneficial ownership stake in Trevena, Inc., holding 95,000 shares.