Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
  1. Homepage
  2. Equities
  3. United States
  4. Nasdaq
  5. Ontrak, Inc.
  6. News
  7. Summary
    OTRK   US6833731044

ONTRAK, INC.

(OTRK)
  Report
Delayed Nasdaq  -  04:00 2022-11-30 pm EST
0.4300 USD   +6.70%
11/21ONTRAK, INC. Management's Discussion and Analysis of Financial Condition and Results of Operations (form 10-Q)
AQ
11/09Transcript : Ontrak, Inc., Q3 2022 Earnings Call, Nov 09, 2022
CI
11/09•company Pays Off In Full Its $7.5 Million Outstanding Gs Loan Balance; Draws Down A Total Of $11 Million To Date On The Keep Well Agreement &bul : 30 pm ET Today - Form 8-K
PU
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news
Days
:
Hours
:
Minutes
:
Seconds

ONTRAK, INC. : Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing (form 8-K)

09/16/2022 | 04:28pm EST

Item 3.01 - Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard? Transfer of Listing.

On September 14, 2022, Ontrak, Inc. (the "Company") received a letter (the "Notice") from The Nasdaq Stock Market LLC ("Nasdaq") indicating that the Company no longer meets the minimum bid price requirement set forth in Nasdaq Listing Rule 5450(a)(1) (the "Minimum Bid Price Requirement") because the closing bid price for the Company's common stock was less than $1.00 for the previous 30 consecutive business days. The Notice has no immediate effect on the listing of the Company's common stock on The Nasdaq Global Market.

Under Nasdaq Listing Rule 5810(c)(3)(A), the Company has a 180-calendar day grace period, or until March 13, 2023 (the "Compliance Date"), to regain compliance with the Minimum Bid Price Requirement. The Minimum Bid Price Requirement will be met if the Company's common stock has a minimum closing bid price of at least $1.00 per share for a minimum of 10 consecutive business days during the 180-calendar day grace period, unless Nasdaq exercises its discretion to extend such 10-day period. If the Company does not regain compliance by the Compliance Date, the Company may be eligible for an additional 180-calendar day compliance period, subject to satisfying the conditions in the applicable Nasdaq Listing Rules. The Company is monitoring the closing bid price of its common stock and will consider options to regain compliance with the Minimum Bid Price Requirement. However, there can be no assurance that the Company will be able to regain compliance with the Minimum Bid Price Requirement.

© Edgar Online, source Glimpses

All news about ONTRAK, INC.
11/21ONTRAK, INC. Management's Discussion and Analysis of Financial Condition and Results o..
AQ
11/09Transcript : Ontrak, Inc., Q3 2022 Earnings Call, Nov 09, 2022
CI
11/09•company Pays Off In Full Its $ : 30 pm ET Today - Form 8-K
PU
11/09Earnings Flash (OTRK) ONTRAK Reports Q3 Revenue $2.8M
MT
11/09Earnings Flash (OTRK) ONTRAK Posts Q3 Loss $-0.48
MT
11/09Ontrak Announces 2022 Third Quarter Financial Results
BU
11/09Ontrak, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended Septe..
CI
11/09Ontrak, Inc. Provides Revenue Guidance for the Year Ending December 31, 2022
CI
10/26Ontrak to Report 2022 Third Quarter Financial Results on November 9, 2022
BU
09/16Ontrak, Inc. : Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Stand..
AQ
More news
Analyst Recommendations on ONTRAK, INC.
More recommendations
Financials (USD)
Sales 2022 15,0 M - -
Net income 2022 -62,7 M - -
Net Debt 2022 - - -
P/E ratio 2022 -0,15x
Yield 2022 -
Capitalization 11,6 M 11,6 M -
Capi. / Sales 2022 0,77x
Capi. / Sales 2023 0,31x
Nbr of Employees 241
Free-Float 63,3%
Chart ONTRAK, INC.
Duration : Period :
Ontrak, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ONTRAK, INC.
Short TermMid-TermLong Term
TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 1
Last Close Price 0,43 $
Average target price 2,50 $
Spread / Average Target 481%
EPS Revisions
Managers and Directors
Terren S. Peizer Executive Chairman & Chief Executive Officer
Brandon H. LaVerne Co-President & Chief Operating Officer
Mary Louise Osborne Co-President & Chief Customer Officer
James J. Park Chief Financial & Accounting Officer
Arik Hill Chief Information Officer