secwatch.observer — SEC 8-K summary
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Issuer:     Ontrak, Inc. (—)
CIK:        0001136174
Form:       8-K
Filed at:   2023-08-15T23:59:59+00:00
Accession:  0001628280-23-029564
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Ontrak receives Nasdaq equity deficiency notice; regains bid price compliance
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1136174/000162828023029564/0001628280-23-029564-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1136174/000162828023029564/cats-20230811.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-029564

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