Nano cap Trovagene (TROV -7.9%) slumps on increased volume in response to an 8-K filed today. The company reports that it received a default notice from lender Silicon Valley Bank on June 20 related to a $1.4M loan for equipment dated November 17, 2015. Silicon Valley says it will "monitor the situation very carefully" and will decide what to do on a "day-to-day" basis.
The company received a default notice from Oxford Finance LLC on June 1 related to a similar loan.
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