Ontrak, Inc.: Nasdaq/NYSE listing notice — Ontrak receives Nasdaq equity deficiency notice; regains bid price compliance

Ontrak, Inc.

Received Nasdaq notice for failing to meet $2.5M minimum stockholders' equity as of June 30, 2023.
Has 45 days until September 29, 2023 to submit a compliance plan; Nasdaq may grant up to 180-day extension.
Regained compliance with minimum bid price rule ($1.00 for 10 consecutive business days); matter closed.
If plan not accepted or compliance not regained, Nasdaq may issue delisting determination with hearing rights.
No immediate impact on listing; company intends to timely submit plan.

item 3.01 item 8.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Ontrak, Inc. received a nasdaq deficiency notice notice regarding stockholders equity (rules 5550(b)(1), 5550(b)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: stockholders equity
Rules: 5550(b)(1), 5550(b)

Exact text from the filing

August 15, 2023, Ontrak, Inc. (the “Company,” “we,” “us,” or “our”) received a letter from the Listing Qualifications Staff (the “Staff”) of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that because it reported less than $2.5 million in stockholders’ equity as of June 30, 2023, which is the minimum amount required under Nasdaq Listing Rule 5550(b)(1) for continued listing on the Nasdaq Capital Market (the “Stockholders’ Equity Requirement”), and it did not satisfy the alternative continued listing standards, the Company no longer complies with Nasdaq Listing Rule 5550(b). The S

View on SEC.gov

Browse all listing & compliance notices →

Source: SEC EDGAR

accession 0001628280-23-029564

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.