---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-029564"
form_type: "8-K"
ticker: null
cik: "0001136174"
company_name: "Ontrak, Inc."
filed_at: "2023-08-15T23:59:59+00:00"
generated_at: "2026-06-11T09:13:06.205087+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Ontrak receives Nasdaq equity deficiency notice; regains bid price compliance

## Summary
- 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.

## SEC filing metadata
- accession: 0001628280-23-029564
- form_type: 8-K
- cik: 0001136174
- company_name: Ontrak, Inc.
- filed_at: 2023-08-15T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.01, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1136174/000162828023029564/0001628280-23-029564-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1136174/000162828023029564/cats-20230811.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-029564
- JSON: https://secwatch.observer/filing/0001628280-23-029564.json
- Plain text: https://secwatch.observer/filing/0001628280-23-029564.txt

## Key facts
- Listing & Compliance Notices
  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)
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1136174/000162828023029564/0001628280-23-029564-index.htm

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