Trevena reports that it will conduct public offering of common stock

Barclays, Cowen and Jefferies are bookrunners; JMP and Needham assist

By Devika Patel

Knoxville, Tenn., Sept. 10 – Trevena, Inc. will conduct a public sale of its common stock with a 30-day greenshoe, according to a 424B5 filed Thursday with the Securities and Exchange Commission.

Barclays, Cowen and Co. and Jefferies are the bookrunning managers. JMP Securities and Needham & Co. are the co-managers.

Proceeds will be used for development, clinical studies, working capital and general corporate purposes.

The clinical-stage biopharmaceutical company is based in King of Prussia, Pa.

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