secwatch.observer — SEC 8-K summary
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Issuer:     Ontrak, Inc. (—)
CIK:        0001136174
Form:       8-K
Filed at:   2025-08-13T23:59:59+00:00
Accession:  0001437749-25-026512
Event type: regulatory
Sentiment:  negative
Materiality: 0.95
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Ontrak receives Nasdaq delisting notice after bid price deficiency; will not appeal
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- Nasdaq notified Ontrak on Aug 7, 2025 that bid price was below $1.00 from June 25 through Aug 6, 2025.
- Company is not eligible for grace period due to existing Discretionary Panel Monitor; delisting determination made.
- Ontrak will not appeal; trading suspension expected at open on Aug 18, 2025, then OTC Markets quoting.
- Nasdaq also determined Ontrak is a 'public shell' after company ceased operations and terminated all employees on July 31, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1136174/000143774925026512/0001437749-25-026512-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1136174/000143774925026512/otrk20250812_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-026512

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