UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of report (Date of earliest event reported): February 12, 2021

Avenue Therapeutics, Inc.

(Exact Name of Registrant as Specified in Charter)

Delaware
(State or Other Jurisdiction
of Incorporation) 001-38114
(Commission File Number)   47-4113275
(IRS Employer Identification No.)  

1140 Avenue of the Americas, Floor 9

New York, NY 10036

(Address of Principal Executive Offices)

(781) 652-4500

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Securities registered pursuant to Section 12(b) of the Exchange Act:

Title of Class	Trading Symbol(s)	Exchange Name
Common Stock	ATXI	Nasdaq Capital Market

¨ Written communications pursuant to Rule 425 under the Securities Act.

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act.

¨ Pre-commencement communications pursuant to Rule 14d-2b under the Exchange Act.

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company x

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. x

Item 8.01. Other Events.

On February 12, 2021, Avenue Therapeutics, Inc. (the “Company”) resubmitted its New Drug Application (“NDA”) to the U.S. Food and Drug Administration (“FDA”) for IV tramadol. The NDA resubmission follows the receipt of official minutes from a Type A meeting with the FDA, which was conducted following a Complete Response Letter issued by the FDA in October 2020. The resubmission included revised language relating to the proposed product label and a report relating to terminal sterilization validation.

In connection with the resubmission, InvaGen Pharmaceuticals Inc. (“InvaGen”) communicated to the Company that it believes the proposed label under certain circumstances would constitute a Material Adverse Effect (as defined in the Stock Purchase and Merger Agreement ("SPMA")) on the purported basis that the proposed label under certain circumstances would make the product commercially unviable. The Company has notified InvaGen that it disagrees with InvaGen’s assertion.  Nevertheless, InvaGen may seek to avoid its obligation to consummate the second stage closing under the SPMA.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Avenue Therapeutics, Inc.
	(Registrant)
Date: February 16, 2021
	By:	/s/ Lucy Lu, M.D.
		Lucy Lu, M.D.
		President, Chief Executive Officer and Director