OTRQQ Form 25 Filed — Nasdaq Removal Notification for Ontrak

Rhea-AI Filing Summary

Ontrak, Inc. (OTRQQ) is the subject of a Form 25 notification to remove its class of securities from listing and/or registration on the Nasdaq Stock Market LLC. Nasdaq certifies it has reasonable grounds to file the Form 25 and states the Exchange and/or issuer have complied with the applicable rule procedures for withdrawal. The provided document identifies the issuer and exchange but does not include a signed authorization or a specific removal date.

Positive

• None.

Negative

• Form 25 notifies removal from listing/registration of Ontrak, Inc. securities from the Nasdaq Stock Market LLC.
• Document lacks a signed authorization and explicit removal date in the provided content, limiting clarity on timing and execution.
• Filing indicates Nasdaq believes it has reasonable grounds to file the Form 25, implying the Exchange initiated or supported the removal process.

Insights

Securities Listing Specialist

TL;DR: Form 25 submitted to remove Ontrak's Nasdaq listing; procedural compliance is asserted but key execution details are missing.

The filing is a formal notification that a class of Ontrak, Inc. securities is being removed from Nasdaq listing/registration. The Exchange certifies it has reasonable grounds and references compliance with the withdrawal procedures under the securities laws and Nasdaq rules. The document as provided lacks a signed authorization block and an explicit removal date, limiting clarity on timing and whether this is voluntary or exchange-initiated. From a listings perspective, the filing itself is material because it initiates the delisting/withdrawal process, but further documentation would be required to assess investor impact.

Corporate Governance Expert

TL;DR: Notification indicates a removal process for Ontrak securities; governance implications depend on omitted details.

The Form 25 identifies Ontrak, Inc. and Nasdaq Stock Market LLC and states that the Exchange has complied with the relevant rule provisions to strike the securities from listing and/or registration. The filing references the issuer and Exchange compliance provisions but does not show the signed name, title, or date of the Exchange representative in the included content. For governance and regulatory review, the absence of those execution details and any explanatory rationale in this extract prevents a full assessment of motivations or compliance context.

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SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 25

NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION
UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934.

Commission File Number

001-31932

Issuer:	Ontrak, Inc.
Exchange:	Nasdaq Stock Market LLC

(Exact name of Issuer as specified in its charter, and name of Exchange where security is listed and/or registered)

Address:	333 S. E. 2nd Avenue, Suite 2000
	Miami	FLORIDA	33131
Telephone number:					310-444-4307

(Address, including zip code, and telephone number, including area code, of Issuer's principal executive offices)

Common Stock

(Description of class of securities)

Please place an X in the box to designate the rule provision relied upon to strike the class of securities from listing and registration:

17 CFR 240.12d2-2(a)(1)

17 CFR 240.12d2-2(a)(2)

17 CFR 240.12d2-2(a)(3)

17 CFR 240.12d2-2(a)(4)

Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied with its rules to strike the class of securities from listing and/or withdraw registration on the Exchange. ¹

Pursuant to 17 CFR 240.12d2-2(c), the Issuer has complied with its rules of the Exchange and the requirements of 17 CFR 240.12d-2(c) governing the voluntary withdrawal of the class of securities from listing and registration on the Exchange.

Pursuant to the requirements fo the Securities Exchange Act of 1934, Nasdaq Stock Market LLC certifies that it has reasonable grounds to believe that it meets all of the requirements for filing the Form 25 and has caused this notification to be signed on its behalf by the undersigned duly authorized person.

2025-09-18	By	Aravind Menon		Hearings Advisor
Date		Name		Title

¹ Form 25 and attached Notice will be considered compliance with the provisions of 17 CFR 240.19d-1 as applicable. See General Instructions.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does this Form 25 filing say about Ontrak, Inc. (OTRQQ)?

The Form 25 notifies the removal of a class of Ontrak, Inc. securities from listing and/or registration on the Nasdaq Stock Market LLC and states the Exchange certifies reasonable grounds for the filing.

Which exchange is involved in the Form 25 for Ontrak?

The filing identifies the Nasdaq Stock Market LLC as the exchange where the listed securities are being removed.

Does the document explain why Ontrak is being removed from Nasdaq?

No. The provided content states compliance with rule procedures and that Nasdaq has reasonable grounds, but it does not provide a specific reason or explanatory details.

Is there a date or signature confirming the removal in this excerpt?

No. The excerpt does not include a signed authorization block with a name, title, or specific removal date.

Does the filing indicate whether the withdrawal is voluntary or exchange-initiated?

The excerpt references both Exchange compliance language and issuer compliance language but does not explicitly state whether the withdrawal is voluntary or initiated by the Exchange.