---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-033146"
form_type: "8-K"
ticker: "TRCK"
cik: "0001045942"
company_name: "Track Group, Inc."
filed_at: "2024-11-04T23:59:59+00:00"
generated_at: "2026-05-30T05:46:22.133387+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Track Group sells Chile subsidiary for $1.0M to Inversiones Santa Hortensia

## Summary
- Sale price $1.0M cash; estimated loss on sale of approx. $1.245M per pro forma.
- Company will continue to supply tracking devices and license Track Group trademark to Chile entity.
- Pro forma revenue for FY2023 drops from $34.5M to $30.5M after eliminating Chile operations.
- Transaction closed Nov 1, 2024; part of strategy to partner with local in-country firms.

## SEC filing metadata
- accession: 0001437749-24-033146
- form_type: 8-K
- ticker: TRCK
- cik: 0001045942
- company_name: Track Group, Inc.
- filed_at: 2024-11-04T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1045942/000143774924033146/0001437749-24-033146-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1045942/000143774924033146/trkg20241101_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-033146
- JSON: https://secwatch.observer/filing/0001437749-24-033146.json
- Plain text: https://secwatch.observer/filing/0001437749-24-033146.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.