Ontrak Inc. Faces Nasdaq Delisting After Failing to Meet Listing Requirements
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.
Ontrak Inc. announced on August 7, 2025, that it received a delisting notice from The Nasdaq Stock Market due to non-compliance with the minimum bid price requirement, as the company’s stock price was below $1.00 from June 25 through August 6, 2025. Additionally, Nasdaq determined that Ontrak is a “public shell,” making its continued listing unwarranted. The company’s board had already decided to cease operations and terminate all employees as of July 31, 2025. Ontrak does not plan to appeal the delisting decision, and its stock is expected to be suspended from trading on Nasdaq starting August 18, 2025, with potential quotation on the OTC Markets Group thereafter. The company is ineligible for a grace period due to a prior Nasdaq Discretionary Panel Monitor, solidifying the decision to delist. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ontrak Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-25-026512), on August 13, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
