Ontrak, Inc. Faces Delisting Concerns
| Field | Detail |
|---|---|
| Company | Ontrak, Inc. |
| Form Type | 8-K |
| Filed Date | Aug 13, 2025 |
| Risk Level | high |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001, $1.00 |
| Sentiment | bearish |
Sentiment: bearish
Topics: delisting, listing-standards, regulatory
Related Tickers: OTRK
TL;DR
Ontrak's in hot water with the exchange, might get delisted.
AI Summary
Ontrak, Inc. filed an 8-K on August 13, 2025, reporting a notice of delisting or failure to satisfy a continued listing rule or standard. The earliest event reported was August 7, 2025. The company, formerly known as Catasys, Inc., is incorporated in Delaware and headquartered in Miami, Florida.
Why It Matters
This filing indicates potential issues with Ontrak, Inc.'s continued listing on an exchange, which could significantly impact its stock value and investor confidence.
Risk Assessment
Risk Level: high — A notice of delisting or failure to meet listing standards poses a significant risk to the company's continued operation and stock viability.
Key Players & Entities
- Ontrak, Inc. (company) — Registrant
- August 7, 2025 (date) — Earliest event reported
- August 13, 2025 (date) — Filing date
- Catasys, Inc. (company) — Former company name
- Miami, FL (location) — Principal business address
FAQ
What specific listing rule or standard has Ontrak, Inc. failed to satisfy?
The filing does not specify the exact rule or standard that Ontrak, Inc. has failed to satisfy, only that a notice of delisting or failure to satisfy a continued listing rule or standard has been issued.
What is the earliest date of the event reported in this 8-K filing?
The earliest date of the event reported is August 7, 2025.
When was this 8-K filing submitted to the SEC?
This 8-K filing was submitted to the SEC on August 13, 2025.
What was Ontrak, Inc.'s former company name?
Ontrak, Inc.'s former company name was Catasys, Inc.
Where is Ontrak, Inc. headquartered?
Ontrak, Inc.'s principal business address is 333 S. E. 2nd Avenue, Suite 2000, Miami, FL 33131.
Filing Stats: 692 words · 3 min read · ~2 pages · Grade level 11.4 · Accepted 2025-08-13 16:13:55
Key Financial Figures
- $0.0001 — nge on which registered Common Stock , $0.0001 par value OTRK The NASDAQ Capital Ma
- $1.00 — he Company's common stock was less than $1.00 from June 25 through August 6, 2025. A
Filing Documents
- otrk20250812_8k.htm (8-K) — 24KB
- 0001437749-25-026512.txt ( ) — 151KB
- otrk-20250807.xsd (EX-101.SCH) — 3KB
- otrk-20250807_def.xml (EX-101.DEF) — 11KB
- otrk-20250807_lab.xml (EX-101.LAB) — 15KB
- otrk-20250807_pre.xml (EX-101.PRE) — 11KB
- otrk20250812_8k_htm.xml (XML) — 3KB
01 - Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard Transfer of Listing
Item 3.01 - Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard Transfer of Listing. On August 7, 2025, Ontrak, Inc. (the "Company"), received a letter from The Nasdaq Stock Market, LLC ("Nasdaq") stating that the Company no longer meets the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) (the "Minimum Bid Price Rule") because the closing bid price for the Company's common stock was less than $1.00 from June 25 through August 6, 2025. As previously reported, the Company is subject to a Nasdaq Discretionary Panel Monitor for a one-year period from October 7, 2024. As such, the Company is not eligible for a grace period within which to regain compliance with the Minimum Bid Price Rule. Accordingly, the Nasdaq Staff (the "Staff") determined to delist the Company's securities from The Nasdaq Capital Market, and unless the Company requests an appeal of this determination by August 14, 2025, trading of the Company's common stock will be suspended at the opening of business on August 18, 2025, and a Form 25-NSE will be filed with the Securities and Exchange Commission (the "SEC"), which will remove the Company's securities from listing and registration on Nasdaq. In addition, the August 7 letter also stated that the Staff determined that the Company is a "public shell," and that the continued listing of its securities is no longer warranted pursuant to Nasdaq Listing Rule 5101. As previously reported, in a Current Form 8-K filed with the SEC on July 31, 2025, among other things, the Company reported that its board of directors determined to cease the Company's operations and to terminate the employment of all its employees effective July 31, 2025. The Company does not plan to request an appeal of the delisting determination and expects that trading of the Company's common stock on Nasdaq will be suspended at the opening of business on August 18, 2025. Following such suspension of trading, the Company's common stock
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Ontrak, Inc. Date: August 13, 2025 By: /s/ James J. Park James J. Park Chief Financial Officer -2-