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Trevena Enters Securities Exchange Agreement with Investor

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Trevena Enters Securities Exchange Agreement with Investor

Elevate Your Investing Strategy:

Trevena ( (TRVN) ) has provided an update.

On May 14, 2025, Trevena, Inc. entered into a securities exchange agreement with an institutional investor, agreeing to pay $150,000 in cash, issue 95,000 shares of common stock, and a pre-funded warrant for 113,333 shares in exchange for outstanding warrants to purchase 345,946 shares. The company canceled the reacquired warrants and terminated previous agreements with the investor, aiming to alleviate restrictive covenants and explore strategic alternatives.

The most recent analyst rating on (TRVN) stock is a Buy with a $75.00 price target. To see the full list of analyst forecasts on Trevena stock, see the TRVN Stock Forecast page.

Spark’s Take on TRVN Stock

According to Spark, TipRanks’ AI Analyst, TRVN is a Underperform.

Trevena’s overall stock score is low, driven by severe financial challenges including negative equity and persistent operational losses. Technical analysis indicates a bearish trend, while valuation metrics further underscore the stock’s unattractiveness. Recent corporate events, such as leadership changes and delisting, contribute additional risk and uncertainty.

To see Spark’s full report on TRVN stock, click here.

More about Trevena

Average Trading Volume: 1,730

Technical Sentiment Signal: Sell

Current Market Cap: $1.05M

For detailed information about TRVN stock, go to TipRanks’ Stock Analysis page.

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