Ontrak Inc. $(OTRK)$, a prominent player in the value-based behavioral healthcare sector, has announced the pricing of a $4 million public offering. This offering involves the sale of 6,666,667 shares of common stock and 26,666,668 warrants, each warrant allowing the purchase of one additional share of common stock. The combined public offering price is set at $0.60 per share of common stock and accompanying warrants. The offering will be facilitated by Roth Capital Partners, LLC, serving as the exclusive placement agent. The transaction is contingent upon customary closing conditions and is expected to conclude around June 30, 2025. The proceeds from this offering will support Ontrak's growth initiatives and operational objectives.
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 Business Wire (Ref. ID: 20250627982745) on June 27, 2025, and is solely responsible for the information contained therein.
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