secwatch.observer — SEC 8-K summary
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Issuer:     Ontrak, Inc. (—)
CIK:        0001136174
Form:       8-K
Filed at:   2023-10-16T23:59:59+00:00
Accession:  0001628280-23-034400
Event type: regulatory
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Ontrak receives Nasdaq deficiency notice for bid price below $1.00 for 30 days
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- Received Nasdaq letter on October 13, 2023 for non-compliance with minimum bid price rule.
- Common stock closing bid below $1.00 for 30 consecutive business days triggered notice.
- Company has 180 calendar days, until April 10, 2024, to regain compliance.
- To comply, stock must close at $1.00 or more for at least 10 consecutive business days.
- If not compliant by April 10, 2024, company may qualify for an additional 180-day period.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1136174/000162828023034400/0001628280-23-034400-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1136174/000162828023034400/cats-20231013.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-034400

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