Trevena announced that on October 4, 2024 the company received notice that the Nasdaq Hearings Panel had determined to delist the company’s common stock from The Nasdaq Stock Market LLC due to the company’s failure to comply with the minimum stockholder’s equity requirement under Nasdaq Listing Rule 5550(b)(1). As previously disclosed, the Panel had provided the company until October 2, 2024, to regain compliance with the Equity Standard Rule.
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