Ontrak, INC Schedule 13D activist filings

Ontrak, Inc. has entered into a Seventh Amendment to its Master Note Purchase Agreement, securing up to $8.45 million in new committed funding from Acuitas Capital LLC, while also adjusting warrant exercise prices and disclosing a significant legal proceeding involving its largest beneficial owner, Terren S. Peizer.

Terren S. Peizer and his affiliated entities, Acuitas Group Holdings, Acuitas Capital, and Humanitario Capital, have further solidified their controlling interest in Ontrak, Inc., now beneficially owning up to 97.5% of the company's common stock.

Ontrak, Inc. has received an additional $250,000 in financing from Acuitas Capital LLC through a new Demand Note and associated warrants, further consolidating beneficial ownership by Terren S. Peizer and affiliated entities.

Acuitas Group Holdings, LLC and affiliated entities, led by Terren S. Peizer, have further solidified their dominant ownership in Ontrak, Inc. by acquiring an additional $1.3 million Demand Note and associated warrants.

Ontrak, Inc. has entered into an agreement with its largest shareholder, Acuitas Capital, for up to $10 million in new debt financing, providing crucial liquidity and deferring existing debt repayment obligations until at least September 2026.

Terren S. Peizer and affiliated entities, Acuitas Group Holdings, Acuitas Capital, and Humanitario Capital, have significantly increased their beneficial ownership in Ontrak, Inc. to over 95% through recent debt and warrant transactions, including a new $1.5 million Demand Note.