Ontrak Inc. Faces Nasdaq Delisting After Failing to Meet Listing Requirements
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Ontrak Inc. has received a delisting notice from Nasdaq due to non-compliance with the minimum bid price requirement, as its stock price was below $1.00 from June 25 to August 6, 2025. Nasdaq also classified Ontrak as a "public shell," making its listing unwarranted. The company ceased operations and terminated all employees on July 31, 2025, and does not plan to appeal the delisting. Trading suspension on Nasdaq is expected to start on August 18, 2025, with potential quotation on OTC Markets thereafter.
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