{"transactions":[{"id":1103236,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Pre-Funded Common Stock Purchase Warrant","published_at":"2025-06-24T18:32:14.000Z","date":"2025-06-20","kind":"other","planned":false,"acquired":false,"shares":500000,"price":0,"value":0.0,"ownership":{"direct":false,"nature":"By Humanitario"},"footnotes":[{"field":"derivative.expiration_date","element":"expirationDate","label":"F2","text":"As previously disclosed, the Pre-Funded Warrant (as previously defined) may be exercised at any time until exercised in full."}],"balance_after":799575,"derivative":{"exercise_price":0.0014,"exercise_date":"2023-12-20","underlying":"Common Stock","underlying_shares":500000},"source":{"system":"sec-edgar","filing":"0001104659-25-062188","document":"tm2518808-2_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465925062188/tm2518808-2_4seq1.xml","form_type":"4"}},{"id":1103235,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2025-06-24T18:32:14.000Z","date":"2025-06-20","kind":"other","planned":false,"acquired":true,"shares":500000,"price":0.0014,"value":700.0,"ownership":{"direct":false,"nature":"By Humanitario"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas. Humanitario Capital LLC is an entity wholly owned by Mr. Peizer."}],"balance_after":2305480,"source":{"system":"sec-edgar","filing":"0001104659-25-062188","document":"tm2518808-2_4seq1.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465925062188/tm2518808-2_4seq1.xml","form_type":"4"}},{"id":1104290,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock Purchase Warrant","published_at":"2025-06-23T20:06:38.000Z","date":"2025-06-18","kind":"other","planned":false,"acquired":true,"shares":359712,"ownership":{"direct":false,"nature":"By Acuitas"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\"), dated as of June 18, 2025, in principal amount of $250,000."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F4","text":"Pursuant to the terms of the Sixth Amendment, in connection with the purchase of the Demand Note, Acuitas was issued a five-year warrant, issued as of June 18, 2025, in the form attached to the Sixth Amendment, to purchase up to 359,712 shares of Ontrak's common stock, exercisable upon issuance at an initial exercise price of $1.39 per share (subject to further adjustment)."},{"field":"date","element":"transactionDate","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\"), dated as of June 18, 2025, in principal amount of $250,000."},{"field":"date","element":"transactionDate","label":"F4","text":"Pursuant to the terms of the Sixth Amendment, in connection with the purchase of the Demand Note, Acuitas was issued a five-year warrant, issued as of June 18, 2025, in the form attached to the Sixth Amendment, to purchase up to 359,712 shares of Ontrak's common stock, exercisable upon issuance at an initial exercise price of $1.39 per share (subject to further adjustment)."},{"field":"shares","element":"transactionShares","label":"F4","text":"Pursuant to the terms of the Sixth Amendment, in connection with the purchase of the Demand Note, Acuitas was issued a five-year warrant, issued as of June 18, 2025, in the form attached to the Sixth Amendment, to purchase up to 359,712 shares of Ontrak's common stock, exercisable upon issuance at an initial exercise price of $1.39 per share (subject to further adjustment)."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\"), dated as of June 18, 2025, in principal amount of $250,000."},{"field":"price","element":"transactionPricePerShare","label":"F4","text":"Pursuant to the terms of the Sixth Amendment, in connection with the purchase of the Demand Note, Acuitas was issued a five-year warrant, issued as of June 18, 2025, in the form attached to the Sixth Amendment, to purchase up to 359,712 shares of Ontrak's common stock, exercisable upon issuance at an initial exercise price of $1.39 per share (subject to further adjustment)."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\"), dated as of June 18, 2025, in principal amount of $250,000."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"Pursuant to the terms of the Sixth Amendment, in connection with the purchase of the Demand Note, Acuitas was issued a five-year warrant, issued as of June 18, 2025, in the form attached to the Sixth Amendment, to purchase up to 359,712 shares of Ontrak's common stock, exercisable upon issuance at an initial exercise price of $1.39 per share (subject to further adjustment)."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\"), dated as of June 18, 2025, in principal amount of $250,000."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F4","text":"Pursuant to the terms of the Sixth Amendment, in connection with the purchase of the Demand Note, Acuitas was issued a five-year warrant, issued as of June 18, 2025, in the form attached to the Sixth Amendment, to purchase up to 359,712 shares of Ontrak's common stock, exercisable upon issuance at an initial exercise price of $1.39 per share (subject to further adjustment)."}],"balance_after":359712,"derivative":{"exercise_price":1.39,"exercise_date":"2025-06-18","expiration_date":"2030-06-18","underlying":"Common Stock","underlying_shares":359712},"source":{"system":"sec-edgar","filing":"0001104659-25-061837","document":"tm2518533-1_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465925061837/tm2518533-1_4seq1.xml","form_type":"4"}},{"id":1104289,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Senior Secured Convertible Promissory Note","published_at":"2025-06-23T20:06:38.000Z","date":"2025-06-18","kind":"purchase","planned":false,"acquired":true,"reported_value":250000,"ownership":{"direct":false,"nature":"By Acuitas Capital"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\"), dated as of June 18, 2025, in principal amount of $250,000."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F3","text":"The Demand Note is payable upon demand of the holder. Under the Sixth Amendment, the entire principal amount of the Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of (x) $5.40 and (y) greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $1.80 (subject to further adjustment)."},{"field":"date","element":"transactionDate","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\"), dated as of June 18, 2025, in principal amount of $250,000."},{"field":"reported_value","element":"transactionTotalValue","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\"), dated as of June 18, 2025, in principal amount of $250,000."},{"field":"reported_value","element":"transactionTotalValue","label":"F3","text":"The Demand Note is payable upon demand of the holder. Under the Sixth Amendment, the entire principal amount of the Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of (x) $5.40 and (y) greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $1.80 (subject to further adjustment)."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\"), dated as of June 18, 2025, in principal amount of $250,000."},{"field":"price","element":"transactionPricePerShare","label":"F3","text":"The Demand Note is payable upon demand of the holder. Under the Sixth Amendment, the entire principal amount of the Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of (x) $5.40 and (y) greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $1.80 (subject to further adjustment)."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\"), dated as of June 18, 2025, in principal amount of $250,000."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"The Demand Note is payable upon demand of the holder. Under the Sixth Amendment, the entire principal amount of the Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of (x) $5.40 and (y) greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $1.80 (subject to further adjustment)."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F3","text":"The Demand Note is payable upon demand of the holder. Under the Sixth Amendment, the entire principal amount of the Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of (x) $5.40 and (y) greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $1.80 (subject to further adjustment)."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\"), dated as of June 18, 2025, in principal amount of $250,000."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F3","text":"The Demand Note is payable upon demand of the holder. Under the Sixth Amendment, the entire principal amount of the Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of (x) $5.40 and (y) greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $1.80 (subject to further adjustment)."}],"derivative":{"exercise_date":"2025-06-18","underlying":"Common Stock"},"source":{"system":"sec-edgar","filing":"0001104659-25-061837","document":"tm2518533-1_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465925061837/tm2518533-1_4seq1.xml","form_type":"4"}},{"id":1131078,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock Purchase Warrant","published_at":"2025-05-29T21:30:10.000Z","date":"2025-05-27","kind":"other","planned":false,"acquired":true,"shares":1635220,"ownership":{"direct":false,"nature":"By Acuitas"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\"), dated as of May 27, 2025, in principal amount of $1,300,000."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F4","text":"Pursuant to the terms of the Sixth Amendment, in connection with the purchase of the Demand Note, Acuitas was issued a five-year warrant, issued as of May 27, 2025, in the form attached to the Sixth Amendment, to purchase up to 1,635,220 shares of Ontrak's common stock, exercisable upon issuance at an initial exercise price of $1.59 per share (subject to further adjustment)."},{"field":"date","element":"transactionDate","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\"), dated as of May 27, 2025, in principal amount of $1,300,000."},{"field":"date","element":"transactionDate","label":"F4","text":"Pursuant to the terms of the Sixth Amendment, in connection with the purchase of the Demand Note, Acuitas was issued a five-year warrant, issued as of May 27, 2025, in the form attached to the Sixth Amendment, to purchase up to 1,635,220 shares of Ontrak's common stock, exercisable upon issuance at an initial exercise price of $1.59 per share (subject to further adjustment)."},{"field":"shares","element":"transactionShares","label":"F4","text":"Pursuant to the terms of the Sixth Amendment, in connection with the purchase of the Demand Note, Acuitas was issued a five-year warrant, issued as of May 27, 2025, in the form attached to the Sixth Amendment, to purchase up to 1,635,220 shares of Ontrak's common stock, exercisable upon issuance at an initial exercise price of $1.59 per share (subject to further adjustment)."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\"), dated as of May 27, 2025, in principal amount of $1,300,000."},{"field":"price","element":"transactionPricePerShare","label":"F4","text":"Pursuant to the terms of the Sixth Amendment, in connection with the purchase of the Demand Note, Acuitas was issued a five-year warrant, issued as of May 27, 2025, in the form attached to the Sixth Amendment, to purchase up to 1,635,220 shares of Ontrak's common stock, exercisable upon issuance at an initial exercise price of $1.59 per share (subject to further adjustment)."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\"), dated as of May 27, 2025, in principal amount of $1,300,000."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"Pursuant to the terms of the Sixth Amendment, in connection with the purchase of the Demand Note, Acuitas was issued a five-year warrant, issued as of May 27, 2025, in the form attached to the Sixth Amendment, to purchase up to 1,635,220 shares of Ontrak's common stock, exercisable upon issuance at an initial exercise price of $1.59 per share (subject to further adjustment)."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\"), dated as of May 27, 2025, in principal amount of $1,300,000."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F4","text":"Pursuant to the terms of the Sixth Amendment, in connection with the purchase of the Demand Note, Acuitas was issued a five-year warrant, issued as of May 27, 2025, in the form attached to the Sixth Amendment, to purchase up to 1,635,220 shares of Ontrak's common stock, exercisable upon issuance at an initial exercise price of $1.59 per share (subject to further adjustment)."}],"balance_after":1635220,"derivative":{"exercise_price":1.59,"exercise_date":"2025-05-27","expiration_date":"2030-05-27","underlying":"Common Stock","underlying_shares":1635220},"source":{"system":"sec-edgar","filing":"0001104659-25-054410","document":"tm2516462-2_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465925054410/tm2516462-2_4seq1.xml","form_type":"4"}},{"id":1131077,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Senior Secured Convertible Promissory Note","published_at":"2025-05-29T21:30:10.000Z","date":"2025-05-27","kind":"purchase","planned":false,"acquired":true,"reported_value":1300000,"ownership":{"direct":false,"nature":"By Acuitas Capital"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\"), dated as of May 27, 2025, in principal amount of $1,300,000."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F3","text":"The Demand Note is payable upon demand of the holder. Under the Sixth Amendment, the entire principal amount of the Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $5.40 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $1.80 (subject to further adjustment)."},{"field":"date","element":"transactionDate","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\"), dated as of May 27, 2025, in principal amount of $1,300,000."},{"field":"reported_value","element":"transactionTotalValue","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\"), dated as of May 27, 2025, in principal amount of $1,300,000."},{"field":"reported_value","element":"transactionTotalValue","label":"F3","text":"The Demand Note is payable upon demand of the holder. Under the Sixth Amendment, the entire principal amount of the Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $5.40 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $1.80 (subject to further adjustment)."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\"), dated as of May 27, 2025, in principal amount of $1,300,000."},{"field":"price","element":"transactionPricePerShare","label":"F3","text":"The Demand Note is payable upon demand of the holder. Under the Sixth Amendment, the entire principal amount of the Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $5.40 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $1.80 (subject to further adjustment)."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\"), dated as of May 27, 2025, in principal amount of $1,300,000."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"The Demand Note is payable upon demand of the holder. Under the Sixth Amendment, the entire principal amount of the Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $5.40 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $1.80 (subject to further adjustment)."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F3","text":"The Demand Note is payable upon demand of the holder. Under the Sixth Amendment, the entire principal amount of the Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $5.40 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $1.80 (subject to further adjustment)."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\"), dated as of May 27, 2025, in principal amount of $1,300,000."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F3","text":"The Demand Note is payable upon demand of the holder. Under the Sixth Amendment, the entire principal amount of the Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $5.40 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $1.80 (subject to further adjustment)."}],"derivative":{"exercise_date":"2025-05-27","underlying":"Common Stock"},"source":{"system":"sec-edgar","filing":"0001104659-25-054410","document":"tm2516462-2_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465925054410/tm2516462-2_4seq1.xml","form_type":"4"}},{"id":1141116,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock Purchase Warrant","published_at":"2025-05-20T17:31:02.000Z","date":"2025-05-09","kind":"other","planned":false,"acquired":true,"shares":609756,"ownership":{"direct":false,"nature":"By Acuitas"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\"), dated as of May 9, 2025, in principal amount of $500,000."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F4","text":"Pursuant to the terms of the Sixth Amendment, in connection with the purchase of the Demand Note, Acuitas was issued a five-year warrant, issued as of May 9, 2025, in the form attached to the Sixth Amendment, to purchase up to 609,756 shares of Ontrak's common stock, exercisable upon issuance at an initial exercise price of $1.64 per share (subject to further adjustment)."},{"field":"date","element":"transactionDate","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\"), dated as of May 9, 2025, in principal amount of $500,000."},{"field":"date","element":"transactionDate","label":"F4","text":"Pursuant to the terms of the Sixth Amendment, in connection with the purchase of the Demand Note, Acuitas was issued a five-year warrant, issued as of May 9, 2025, in the form attached to the Sixth Amendment, to purchase up to 609,756 shares of Ontrak's common stock, exercisable upon issuance at an initial exercise price of $1.64 per share (subject to further adjustment)."},{"field":"shares","element":"transactionShares","label":"F4","text":"Pursuant to the terms of the Sixth Amendment, in connection with the purchase of the Demand Note, Acuitas was issued a five-year warrant, issued as of May 9, 2025, in the form attached to the Sixth Amendment, to purchase up to 609,756 shares of Ontrak's common stock, exercisable upon issuance at an initial exercise price of $1.64 per share (subject to further adjustment)."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\"), dated as of May 9, 2025, in principal amount of $500,000."},{"field":"price","element":"transactionPricePerShare","label":"F4","text":"Pursuant to the terms of the Sixth Amendment, in connection with the purchase of the Demand Note, Acuitas was issued a five-year warrant, issued as of May 9, 2025, in the form attached to the Sixth Amendment, to purchase up to 609,756 shares of Ontrak's common stock, exercisable upon issuance at an initial exercise price of $1.64 per share (subject to further adjustment)."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\"), dated as of May 9, 2025, in principal amount of $500,000."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"Pursuant to the terms of the Sixth Amendment, in connection with the purchase of the Demand Note, Acuitas was issued a five-year warrant, issued as of May 9, 2025, in the form attached to the Sixth Amendment, to purchase up to 609,756 shares of Ontrak's common stock, exercisable upon issuance at an initial exercise price of $1.64 per share (subject to further adjustment)."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\"), dated as of May 9, 2025, in principal amount of $500,000."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F4","text":"Pursuant to the terms of the Sixth Amendment, in connection with the purchase of the Demand Note, Acuitas was issued a five-year warrant, issued as of May 9, 2025, in the form attached to the Sixth Amendment, to purchase up to 609,756 shares of Ontrak's common stock, exercisable upon issuance at an initial exercise price of $1.64 per share (subject to further adjustment)."}],"balance_after":609756,"derivative":{"exercise_price":1.64,"exercise_date":"2025-05-09","expiration_date":"2030-05-09","underlying":"Common Stock","underlying_shares":609756},"source":{"system":"sec-edgar","filing":"0001104659-25-051094","document":"tm2515671-1_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465925051094/tm2515671-1_4seq1.xml","form_type":"4"}},{"id":1141115,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Senior Secured Convertible Promissory Note","published_at":"2025-05-20T17:31:02.000Z","date":"2025-05-09","kind":"purchase","planned":false,"acquired":true,"reported_value":500000,"ownership":{"direct":false,"nature":"By Acuitas Capital"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\"), dated as of May 9, 2025, in principal amount of $500,000."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F3","text":"The Demand Note is payable upon demand of the holder. Under the Sixth Amendment, the entire principal amount of the Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $5.40 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $1.80 (subject to further adjustment)."},{"field":"date","element":"transactionDate","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\"), dated as of May 9, 2025, in principal amount of $500,000."},{"field":"reported_value","element":"transactionTotalValue","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\"), dated as of May 9, 2025, in principal amount of $500,000."},{"field":"reported_value","element":"transactionTotalValue","label":"F3","text":"The Demand Note is payable upon demand of the holder. Under the Sixth Amendment, the entire principal amount of the Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $5.40 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $1.80 (subject to further adjustment)."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\"), dated as of May 9, 2025, in principal amount of $500,000."},{"field":"price","element":"transactionPricePerShare","label":"F3","text":"The Demand Note is payable upon demand of the holder. Under the Sixth Amendment, the entire principal amount of the Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $5.40 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $1.80 (subject to further adjustment)."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\"), dated as of May 9, 2025, in principal amount of $500,000."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"The Demand Note is payable upon demand of the holder. Under the Sixth Amendment, the entire principal amount of the Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $5.40 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $1.80 (subject to further adjustment)."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F3","text":"The Demand Note is payable upon demand of the holder. Under the Sixth Amendment, the entire principal amount of the Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $5.40 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $1.80 (subject to further adjustment)."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\"), dated as of May 9, 2025, in principal amount of $500,000."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F3","text":"The Demand Note is payable upon demand of the holder. Under the Sixth Amendment, the entire principal amount of the Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $5.40 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $1.80 (subject to further adjustment)."}],"derivative":{"exercise_date":"2025-05-09","underlying":"Common Stock"},"source":{"system":"sec-edgar","filing":"0001104659-25-051094","document":"tm2515671-1_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465925051094/tm2515671-1_4seq1.xml","form_type":"4"}},{"id":1187139,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock Purchase Warrant","published_at":"2025-04-01T21:24:56.000Z","date":"2025-03-28","kind":"other","planned":false,"acquired":true,"shares":2027027,"ownership":{"direct":false,"nature":"By Acuitas"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which, on March 28, 2025, Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\") in principal amount of $1.5 million."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F4","text":"Pursuant to the terms of the Sixth Amendment, in connection with the purchase of the Demand Note on March 28, 2025, Ontrak issued to Acuitas a five-year warrant, in the form attached to the Sixth Amendment, to purchase up to 2,027,027 shares of Ontrak's common stock, exercisable upon issuance at an initial exercise price of $1.48 per share (subject to further adjustment)."},{"field":"date","element":"transactionDate","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which, on March 28, 2025, Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\") in principal amount of $1.5 million."},{"field":"date","element":"transactionDate","label":"F4","text":"Pursuant to the terms of the Sixth Amendment, in connection with the purchase of the Demand Note on March 28, 2025, Ontrak issued to Acuitas a five-year warrant, in the form attached to the Sixth Amendment, to purchase up to 2,027,027 shares of Ontrak's common stock, exercisable upon issuance at an initial exercise price of $1.48 per share (subject to further adjustment)."},{"field":"shares","element":"transactionShares","label":"F4","text":"Pursuant to the terms of the Sixth Amendment, in connection with the purchase of the Demand Note on March 28, 2025, Ontrak issued to Acuitas a five-year warrant, in the form attached to the Sixth Amendment, to purchase up to 2,027,027 shares of Ontrak's common stock, exercisable upon issuance at an initial exercise price of $1.48 per share (subject to further adjustment)."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which, on March 28, 2025, Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\") in principal amount of $1.5 million."},{"field":"price","element":"transactionPricePerShare","label":"F4","text":"Pursuant to the terms of the Sixth Amendment, in connection with the purchase of the Demand Note on March 28, 2025, Ontrak issued to Acuitas a five-year warrant, in the form attached to the Sixth Amendment, to purchase up to 2,027,027 shares of Ontrak's common stock, exercisable upon issuance at an initial exercise price of $1.48 per share (subject to further adjustment)."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which, on March 28, 2025, Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\") in principal amount of $1.5 million."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"Pursuant to the terms of the Sixth Amendment, in connection with the purchase of the Demand Note on March 28, 2025, Ontrak issued to Acuitas a five-year warrant, in the form attached to the Sixth Amendment, to purchase up to 2,027,027 shares of Ontrak's common stock, exercisable upon issuance at an initial exercise price of $1.48 per share (subject to further adjustment)."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which, on March 28, 2025, Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\") in principal amount of $1.5 million."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F4","text":"Pursuant to the terms of the Sixth Amendment, in connection with the purchase of the Demand Note on March 28, 2025, Ontrak issued to Acuitas a five-year warrant, in the form attached to the Sixth Amendment, to purchase up to 2,027,027 shares of Ontrak's common stock, exercisable upon issuance at an initial exercise price of $1.48 per share (subject to further adjustment)."}],"balance_after":2027027,"derivative":{"exercise_price":1.48,"exercise_date":"2025-03-28","expiration_date":"2030-03-28","underlying":"Common Stock","underlying_shares":2027027},"source":{"system":"sec-edgar","filing":"0001104659-25-030790","document":"tm2511039-2_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465925030790/tm2511039-2_4seq1.xml","form_type":"4"}},{"id":1187138,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Senior Secured Convertible Promissory Note","published_at":"2025-04-01T21:24:56.000Z","date":"2025-03-28","kind":"purchase","planned":false,"acquired":true,"reported_value":1500000,"ownership":{"direct":false,"nature":"By Acuitas Capital"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which, on March 28, 2025, Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\") in principal amount of $1.5 million."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F3","text":"The Demand Note is payable upon demand of the holder. Under the Sixth Amendment, the entire principal amount of the Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $5.40 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $1.80 (subject to further adjustment)."},{"field":"date","element":"transactionDate","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which, on March 28, 2025, Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\") in principal amount of $1.5 million."},{"field":"reported_value","element":"transactionTotalValue","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which, on March 28, 2025, Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\") in principal amount of $1.5 million."},{"field":"reported_value","element":"transactionTotalValue","label":"F3","text":"The Demand Note is payable upon demand of the holder. Under the Sixth Amendment, the entire principal amount of the Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $5.40 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $1.80 (subject to further adjustment)."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which, on March 28, 2025, Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\") in principal amount of $1.5 million."},{"field":"price","element":"transactionPricePerShare","label":"F3","text":"The Demand Note is payable upon demand of the holder. Under the Sixth Amendment, the entire principal amount of the Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $5.40 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $1.80 (subject to further adjustment)."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which, on March 28, 2025, Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\") in principal amount of $1.5 million."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"The Demand Note is payable upon demand of the holder. Under the Sixth Amendment, the entire principal amount of the Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $5.40 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $1.80 (subject to further adjustment)."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F3","text":"The Demand Note is payable upon demand of the holder. Under the Sixth Amendment, the entire principal amount of the Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $5.40 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $1.80 (subject to further adjustment)."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which, on March 28, 2025, Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\") in principal amount of $1.5 million."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F3","text":"The Demand Note is payable upon demand of the holder. Under the Sixth Amendment, the entire principal amount of the Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $5.40 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $1.80 (subject to further adjustment)."}],"derivative":{"exercise_date":"2025-03-28","underlying":"Common Stock"},"source":{"system":"sec-edgar","filing":"0001104659-25-030790","document":"tm2511039-2_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465925030790/tm2511039-2_4seq1.xml","form_type":"4"}},{"id":1390394,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock Purchase Warrant","published_at":"2024-10-07T17:00:14.000Z","date":"2024-10-03","kind":"other","planned":false,"acquired":true,"shares":881057,"ownership":{"direct":false,"nature":"By Acuitas"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which, on October 3, 2024, Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\") in principal amount of $1.0 million."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F4","text":"Pursuant to the terms of the Sixth Amendment, in connection with the purchase of the Demand Note on October 3, 2024, Ontrak issued to Acuitas a five-year warrant, in the form attached to the Sixth Amendment, to purchase up to 881,057 shares of Ontrak's common stock, exercisable upon issuance at an initial exercise price of $2.27 per share (subject to further adjustment)."},{"field":"date","element":"transactionDate","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which, on October 3, 2024, Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\") in principal amount of $1.0 million."},{"field":"date","element":"transactionDate","label":"F4","text":"Pursuant to the terms of the Sixth Amendment, in connection with the purchase of the Demand Note on October 3, 2024, Ontrak issued to Acuitas a five-year warrant, in the form attached to the Sixth Amendment, to purchase up to 881,057 shares of Ontrak's common stock, exercisable upon issuance at an initial exercise price of $2.27 per share (subject to further adjustment)."},{"field":"shares","element":"transactionShares","label":"F4","text":"Pursuant to the terms of the Sixth Amendment, in connection with the purchase of the Demand Note on October 3, 2024, Ontrak issued to Acuitas a five-year warrant, in the form attached to the Sixth Amendment, to purchase up to 881,057 shares of Ontrak's common stock, exercisable upon issuance at an initial exercise price of $2.27 per share (subject to further adjustment)."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which, on October 3, 2024, Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\") in principal amount of $1.0 million."},{"field":"price","element":"transactionPricePerShare","label":"F4","text":"Pursuant to the terms of the Sixth Amendment, in connection with the purchase of the Demand Note on October 3, 2024, Ontrak issued to Acuitas a five-year warrant, in the form attached to the Sixth Amendment, to purchase up to 881,057 shares of Ontrak's common stock, exercisable upon issuance at an initial exercise price of $2.27 per share (subject to further adjustment)."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which, on October 3, 2024, Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\") in principal amount of $1.0 million."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"Pursuant to the terms of the Sixth Amendment, in connection with the purchase of the Demand Note on October 3, 2024, Ontrak issued to Acuitas a five-year warrant, in the form attached to the Sixth Amendment, to purchase up to 881,057 shares of Ontrak's common stock, exercisable upon issuance at an initial exercise price of $2.27 per share (subject to further adjustment)."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which, on October 3, 2024, Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\") in principal amount of $1.0 million."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F4","text":"Pursuant to the terms of the Sixth Amendment, in connection with the purchase of the Demand Note on October 3, 2024, Ontrak issued to Acuitas a five-year warrant, in the form attached to the Sixth Amendment, to purchase up to 881,057 shares of Ontrak's common stock, exercisable upon issuance at an initial exercise price of $2.27 per share (subject to further adjustment)."}],"balance_after":881057,"derivative":{"exercise_price":2.27,"exercise_date":"2024-10-03","expiration_date":"2029-10-02","underlying":"Common Stock","underlying_shares":881057},"source":{"system":"sec-edgar","filing":"0001104659-24-106720","document":"tm2425734-2_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465924106720/tm2425734-2_4seq1.xml","form_type":"4"}},{"id":1390393,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Senior Secured Convertible Promissory Note","published_at":"2024-10-07T17:00:14.000Z","date":"2024-10-03","kind":"purchase","planned":false,"acquired":true,"reported_value":1000000,"ownership":{"direct":false,"nature":"By Acuitas Capital"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which, on October 3, 2024, Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\") in principal amount of $1.0 million."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F3","text":"The Demand Note is payable upon demand of the holder. Under the Sixth Amendment, the entire principal amount of the Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $5.40 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $1.80 (subject to further adjustment)."},{"field":"date","element":"transactionDate","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which, on October 3, 2024, Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\") in principal amount of $1.0 million."},{"field":"reported_value","element":"transactionTotalValue","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which, on October 3, 2024, Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\") in principal amount of $1.0 million."},{"field":"reported_value","element":"transactionTotalValue","label":"F3","text":"The Demand Note is payable upon demand of the holder. Under the Sixth Amendment, the entire principal amount of the Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $5.40 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $1.80 (subject to further adjustment)."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which, on October 3, 2024, Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\") in principal amount of $1.0 million."},{"field":"price","element":"transactionPricePerShare","label":"F3","text":"The Demand Note is payable upon demand of the holder. Under the Sixth Amendment, the entire principal amount of the Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $5.40 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $1.80 (subject to further adjustment)."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which, on October 3, 2024, Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\") in principal amount of $1.0 million."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"The Demand Note is payable upon demand of the holder. Under the Sixth Amendment, the entire principal amount of the Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $5.40 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $1.80 (subject to further adjustment)."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F3","text":"The Demand Note is payable upon demand of the holder. Under the Sixth Amendment, the entire principal amount of the Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $5.40 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $1.80 (subject to further adjustment)."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which, on October 3, 2024, Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\") in principal amount of $1.0 million."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F3","text":"The Demand Note is payable upon demand of the holder. Under the Sixth Amendment, the entire principal amount of the Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $5.40 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $1.80 (subject to further adjustment)."}],"derivative":{"exercise_date":"2024-10-03","underlying":"Common Stock"},"source":{"system":"sec-edgar","filing":"0001104659-24-106720","document":"tm2425734-2_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465924106720/tm2425734-2_4seq1.xml","form_type":"4"}},{"id":1392788,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock Purchase Warrant","published_at":"2024-10-03T20:11:24.000Z","date":"2024-09-30","kind":"other","planned":false,"acquired":true,"shares":760456,"ownership":{"direct":false,"nature":"By Acuitas"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which, on September 30, 2024, Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\") in principal amount of $1.0 million."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F4","text":"Pursuant to the terms of the Sixth Amendment, in connection with the purchase of the Demand Note on September 30, 2024, Ontrak issued to Acuitas a five-year warrant, in the form attached to the Sixth Amendment, to purchase up to 760,456 shares of Ontrak's common stock, exercisable upon issuance at an initial exercise price of $2.63 per share (subject to further adjustment)."},{"field":"date","element":"transactionDate","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which, on September 30, 2024, Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\") in principal amount of $1.0 million."},{"field":"date","element":"transactionDate","label":"F4","text":"Pursuant to the terms of the Sixth Amendment, in connection with the purchase of the Demand Note on September 30, 2024, Ontrak issued to Acuitas a five-year warrant, in the form attached to the Sixth Amendment, to purchase up to 760,456 shares of Ontrak's common stock, exercisable upon issuance at an initial exercise price of $2.63 per share (subject to further adjustment)."},{"field":"shares","element":"transactionShares","label":"F4","text":"Pursuant to the terms of the Sixth Amendment, in connection with the purchase of the Demand Note on September 30, 2024, Ontrak issued to Acuitas a five-year warrant, in the form attached to the Sixth Amendment, to purchase up to 760,456 shares of Ontrak's common stock, exercisable upon issuance at an initial exercise price of $2.63 per share (subject to further adjustment)."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which, on September 30, 2024, Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\") in principal amount of $1.0 million."},{"field":"price","element":"transactionPricePerShare","label":"F4","text":"Pursuant to the terms of the Sixth Amendment, in connection with the purchase of the Demand Note on September 30, 2024, Ontrak issued to Acuitas a five-year warrant, in the form attached to the Sixth Amendment, to purchase up to 760,456 shares of Ontrak's common stock, exercisable upon issuance at an initial exercise price of $2.63 per share (subject to further adjustment)."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which, on September 30, 2024, Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\") in principal amount of $1.0 million."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"Pursuant to the terms of the Sixth Amendment, in connection with the purchase of the Demand Note on September 30, 2024, Ontrak issued to Acuitas a five-year warrant, in the form attached to the Sixth Amendment, to purchase up to 760,456 shares of Ontrak's common stock, exercisable upon issuance at an initial exercise price of $2.63 per share (subject to further adjustment)."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which, on September 30, 2024, Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\") in principal amount of $1.0 million."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F4","text":"Pursuant to the terms of the Sixth Amendment, in connection with the purchase of the Demand Note on September 30, 2024, Ontrak issued to Acuitas a five-year warrant, in the form attached to the Sixth Amendment, to purchase up to 760,456 shares of Ontrak's common stock, exercisable upon issuance at an initial exercise price of $2.63 per share (subject to further adjustment)."}],"balance_after":760456,"derivative":{"exercise_price":2.63,"exercise_date":"2024-09-30","expiration_date":"2029-09-29","underlying":"Common Stock","underlying_shares":760456},"source":{"system":"sec-edgar","filing":"0001104659-24-106020","document":"tm2425589-2_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465924106020/tm2425589-2_4seq1.xml","form_type":"4"}},{"id":1392787,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Senior Secured Convertible Promissory Note","published_at":"2024-10-03T20:11:24.000Z","date":"2024-09-30","kind":"purchase","planned":false,"acquired":true,"reported_value":1000000,"ownership":{"direct":false,"nature":"By Acuitas Capital"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which, on September 30, 2024, Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\") in principal amount of $1.0 million."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F3","text":"The Demand Note is payable upon demand of the holder. Under the Sixth Amendment, the entire principal amount of the Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $5.40 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $1.80 (subject to further adjustment)."},{"field":"date","element":"transactionDate","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which, on September 30, 2024, Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\") in principal amount of $1.0 million."},{"field":"reported_value","element":"transactionTotalValue","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which, on September 30, 2024, Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\") in principal amount of $1.0 million."},{"field":"reported_value","element":"transactionTotalValue","label":"F3","text":"The Demand Note is payable upon demand of the holder. Under the Sixth Amendment, the entire principal amount of the Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $5.40 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $1.80 (subject to further adjustment)."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which, on September 30, 2024, Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\") in principal amount of $1.0 million."},{"field":"price","element":"transactionPricePerShare","label":"F3","text":"The Demand Note is payable upon demand of the holder. Under the Sixth Amendment, the entire principal amount of the Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $5.40 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $1.80 (subject to further adjustment)."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which, on September 30, 2024, Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\") in principal amount of $1.0 million."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"The Demand Note is payable upon demand of the holder. Under the Sixth Amendment, the entire principal amount of the Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $5.40 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $1.80 (subject to further adjustment)."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F3","text":"The Demand Note is payable upon demand of the holder. Under the Sixth Amendment, the entire principal amount of the Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $5.40 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $1.80 (subject to further adjustment)."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which, on September 30, 2024, Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\") in principal amount of $1.0 million."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F3","text":"The Demand Note is payable upon demand of the holder. Under the Sixth Amendment, the entire principal amount of the Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $5.40 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $1.80 (subject to further adjustment)."}],"derivative":{"exercise_date":"2024-09-30","underlying":"Common Stock"},"source":{"system":"sec-edgar","filing":"0001104659-24-106020","document":"tm2425589-2_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465924106020/tm2425589-2_4seq1.xml","form_type":"4"}},{"id":1419374,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock Purchase Warrant","published_at":"2024-08-30T17:15:08.000Z","date":"2024-08-28","kind":"other","planned":false,"acquired":true,"shares":13233348,"ownership":{"direct":false,"nature":"By Acuitas"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which, on August 28, 2024, Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\") in principal amount of $1.5 million."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F4","text":"Pursuant to the terms of the Sixth Amendment, in connection with the purchase of the Demand Note on August 28, 2024, Ontrak issued to Acuitas a five-year warrant, in the form attached to the Sixth Amendment, to purchase up to 13,233,348 shares of Ontrak's common stock, exercisable upon issuance at an initial exercise price of $0.2267 per share (subject to further adjustment)."},{"field":"date","element":"transactionDate","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which, on August 28, 2024, Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\") in principal amount of $1.5 million."},{"field":"date","element":"transactionDate","label":"F4","text":"Pursuant to the terms of the Sixth Amendment, in connection with the purchase of the Demand Note on August 28, 2024, Ontrak issued to Acuitas a five-year warrant, in the form attached to the Sixth Amendment, to purchase up to 13,233,348 shares of Ontrak's common stock, exercisable upon issuance at an initial exercise price of $0.2267 per share (subject to further adjustment)."},{"field":"shares","element":"transactionShares","label":"F4","text":"Pursuant to the terms of the Sixth Amendment, in connection with the purchase of the Demand Note on August 28, 2024, Ontrak issued to Acuitas a five-year warrant, in the form attached to the Sixth Amendment, to purchase up to 13,233,348 shares of Ontrak's common stock, exercisable upon issuance at an initial exercise price of $0.2267 per share (subject to further adjustment)."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which, on August 28, 2024, Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\") in principal amount of $1.5 million."},{"field":"price","element":"transactionPricePerShare","label":"F4","text":"Pursuant to the terms of the Sixth Amendment, in connection with the purchase of the Demand Note on August 28, 2024, Ontrak issued to Acuitas a five-year warrant, in the form attached to the Sixth Amendment, to purchase up to 13,233,348 shares of Ontrak's common stock, exercisable upon issuance at an initial exercise price of $0.2267 per share (subject to further adjustment)."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which, on August 28, 2024, Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\") in principal amount of $1.5 million."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"Pursuant to the terms of the Sixth Amendment, in connection with the purchase of the Demand Note on August 28, 2024, Ontrak issued to Acuitas a five-year warrant, in the form attached to the Sixth Amendment, to purchase up to 13,233,348 shares of Ontrak's common stock, exercisable upon issuance at an initial exercise price of $0.2267 per share (subject to further adjustment)."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which, on August 28, 2024, Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\") in principal amount of $1.5 million."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F4","text":"Pursuant to the terms of the Sixth Amendment, in connection with the purchase of the Demand Note on August 28, 2024, Ontrak issued to Acuitas a five-year warrant, in the form attached to the Sixth Amendment, to purchase up to 13,233,348 shares of Ontrak's common stock, exercisable upon issuance at an initial exercise price of $0.2267 per share (subject to further adjustment)."}],"balance_after":13233348,"derivative":{"exercise_price":0.2267,"exercise_date":"2024-08-28","expiration_date":"2029-08-28","underlying":"Common Stock","underlying_shares":13233348},"source":{"system":"sec-edgar","filing":"0001104659-24-095737","document":"tm2423125-1_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465924095737/tm2423125-1_4seq1.xml","form_type":"4"}},{"id":1419373,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Senior Secured Convertible Promissory Note","published_at":"2024-08-30T17:15:08.000Z","date":"2024-08-28","kind":"purchase","planned":false,"acquired":true,"reported_value":1500000,"ownership":{"direct":false,"nature":"By Acuitas Capital"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which, on August 28, 2024, Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\") in principal amount of $1.5 million."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F3","text":"The Demand Note is payable upon demand of the holder. Under the Sixth Amendment, the entire principal amount of the Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $0.36 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12 (subject to further adjustment)."},{"field":"date","element":"transactionDate","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which, on August 28, 2024, Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\") in principal amount of $1.5 million."},{"field":"reported_value","element":"transactionTotalValue","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which, on August 28, 2024, Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\") in principal amount of $1.5 million."},{"field":"reported_value","element":"transactionTotalValue","label":"F3","text":"The Demand Note is payable upon demand of the holder. Under the Sixth Amendment, the entire principal amount of the Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $0.36 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12 (subject to further adjustment)."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which, on August 28, 2024, Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\") in principal amount of $1.5 million."},{"field":"price","element":"transactionPricePerShare","label":"F3","text":"The Demand Note is payable upon demand of the holder. Under the Sixth Amendment, the entire principal amount of the Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $0.36 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12 (subject to further adjustment)."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which, on August 28, 2024, Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\") in principal amount of $1.5 million."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"The Demand Note is payable upon demand of the holder. Under the Sixth Amendment, the entire principal amount of the Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $0.36 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12 (subject to further adjustment)."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F3","text":"The Demand Note is payable upon demand of the holder. Under the Sixth Amendment, the entire principal amount of the Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $0.36 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12 (subject to further adjustment)."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which, on August 28, 2024, Acuitas Capital purchased from Ontrak a senior secured promissory note (in the form attached thereto, the \"Demand Note\") in principal amount of $1.5 million."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F3","text":"The Demand Note is payable upon demand of the holder. Under the Sixth Amendment, the entire principal amount of the Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $0.36 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12 (subject to further adjustment)."}],"derivative":{"exercise_date":"2024-08-28","underlying":"Common Stock"},"source":{"system":"sec-edgar","filing":"0001104659-24-095737","document":"tm2423125-1_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465924095737/tm2423125-1_4seq1.xml","form_type":"4"}},{"id":1490869,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Senior Secured Convertible Note","published_at":"2024-06-05T20:12:27.000Z","date":"2024-06-02","kind":"other","planned":false,"acquired":true,"reported_value":2000000,"ownership":{"direct":false,"nature":"By Acuitas Capital"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F6","text":"Under the Sixth Amendment, effective as of the aforementioned stockholder approval, the conversion price of the Surviving Note (which was previously issued to Acuitas Capital under the Fifth Amendment to the Keep Well Agreement) was modified to equal the lesser of (a) $0.36 and (b) the greater of the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12, subject to further adjustment. Prior to stockholder approval, the conversion price was equal to the lesser of (i) $2.40 and (b) the greater of (i) such consolidated closing bid price prior to conversion and (ii) $0.60, as adjusted. The modifications described above are reported in Table II as the cancellation of the old security in exchange for the issuance of a new security reflecting the modified terms pursuant to the Sixth Amendment."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"date","element":"transactionDate","label":"F6","text":"Under the Sixth Amendment, effective as of the aforementioned stockholder approval, the conversion price of the Surviving Note (which was previously issued to Acuitas Capital under the Fifth Amendment to the Keep Well Agreement) was modified to equal the lesser of (a) $0.36 and (b) the greater of the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12, subject to further adjustment. Prior to stockholder approval, the conversion price was equal to the lesser of (i) $2.40 and (b) the greater of (i) such consolidated closing bid price prior to conversion and (ii) $0.60, as adjusted. The modifications described above are reported in Table II as the cancellation of the old security in exchange for the issuance of a new security reflecting the modified terms pursuant to the Sixth Amendment."},{"field":"date","element":"transactionDate","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"reported_value","element":"transactionTotalValue","label":"F6","text":"Under the Sixth Amendment, effective as of the aforementioned stockholder approval, the conversion price of the Surviving Note (which was previously issued to Acuitas Capital under the Fifth Amendment to the Keep Well Agreement) was modified to equal the lesser of (a) $0.36 and (b) the greater of the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12, subject to further adjustment. Prior to stockholder approval, the conversion price was equal to the lesser of (i) $2.40 and (b) the greater of (i) such consolidated closing bid price prior to conversion and (ii) $0.60, as adjusted. The modifications described above are reported in Table II as the cancellation of the old security in exchange for the issuance of a new security reflecting the modified terms pursuant to the Sixth Amendment."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into that certain Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Ontrak issued and sold to Acuitas Capital, and Acuitas Capital purchased from Ontrak, a senior secured promissory note, in the form attached thereto (a \"Demand Note\"), with a principal amount of $1.5 million on April 5, 2024, and Acuitas Capital, at its sole discretion, may purchase up to an additional $13.5 million in aggregate principal amount of Demand Notes, at such times and in such principal amounts as specified in the Sixth Amendment. On May 8, 2024 and June 5, 2024, Acuitas Capital purchased additional Demand Notes with an aggregate principal amount of $3 million."},{"field":"price","element":"transactionPricePerShare","label":"F6","text":"Under the Sixth Amendment, effective as of the aforementioned stockholder approval, the conversion price of the Surviving Note (which was previously issued to Acuitas Capital under the Fifth Amendment to the Keep Well Agreement) was modified to equal the lesser of (a) $0.36 and (b) the greater of the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12, subject to further adjustment. Prior to stockholder approval, the conversion price was equal to the lesser of (i) $2.40 and (b) the greater of (i) such consolidated closing bid price prior to conversion and (ii) $0.60, as adjusted. The modifications described above are reported in Table II as the cancellation of the old security in exchange for the issuance of a new security reflecting the modified terms pursuant to the Sixth Amendment."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F6","text":"Under the Sixth Amendment, effective as of the aforementioned stockholder approval, the conversion price of the Surviving Note (which was previously issued to Acuitas Capital under the Fifth Amendment to the Keep Well Agreement) was modified to equal the lesser of (a) $0.36 and (b) the greater of the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12, subject to further adjustment. Prior to stockholder approval, the conversion price was equal to the lesser of (i) $2.40 and (b) the greater of (i) such consolidated closing bid price prior to conversion and (ii) $0.60, as adjusted. The modifications described above are reported in Table II as the cancellation of the old security in exchange for the issuance of a new security reflecting the modified terms pursuant to the Sixth Amendment."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F6","text":"Under the Sixth Amendment, effective as of the aforementioned stockholder approval, the conversion price of the Surviving Note (which was previously issued to Acuitas Capital under the Fifth Amendment to the Keep Well Agreement) was modified to equal the lesser of (a) $0.36 and (b) the greater of the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12, subject to further adjustment. Prior to stockholder approval, the conversion price was equal to the lesser of (i) $2.40 and (b) the greater of (i) such consolidated closing bid price prior to conversion and (ii) $0.60, as adjusted. The modifications described above are reported in Table II as the cancellation of the old security in exchange for the issuance of a new security reflecting the modified terms pursuant to the Sixth Amendment."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."}],"derivative":{"exercise_price":0.12,"exercise_date":"2024-06-02","expiration_date":"2026-05-04","underlying":"Common Stock"},"source":{"system":"sec-edgar","filing":"0001104659-24-068774","document":"tm2416475-1_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":18,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465924068774/tm2416475-1_4seq1.xml","form_type":"4"}},{"id":1490868,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Senior Secured Convertible Note","published_at":"2024-06-05T20:12:27.000Z","date":"2024-06-02","kind":"other","planned":false,"acquired":false,"reported_value":2000000,"ownership":{"direct":false,"nature":"By Acuitas Capital"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F6","text":"Under the Sixth Amendment, effective as of the aforementioned stockholder approval, the conversion price of the Surviving Note (which was previously issued to Acuitas Capital under the Fifth Amendment to the Keep Well Agreement) was modified to equal the lesser of (a) $0.36 and (b) the greater of the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12, subject to further adjustment. Prior to stockholder approval, the conversion price was equal to the lesser of (i) $2.40 and (b) the greater of (i) such consolidated closing bid price prior to conversion and (ii) $0.60, as adjusted. The modifications described above are reported in Table II as the cancellation of the old security in exchange for the issuance of a new security reflecting the modified terms pursuant to the Sixth Amendment."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"date","element":"transactionDate","label":"F6","text":"Under the Sixth Amendment, effective as of the aforementioned stockholder approval, the conversion price of the Surviving Note (which was previously issued to Acuitas Capital under the Fifth Amendment to the Keep Well Agreement) was modified to equal the lesser of (a) $0.36 and (b) the greater of the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12, subject to further adjustment. Prior to stockholder approval, the conversion price was equal to the lesser of (i) $2.40 and (b) the greater of (i) such consolidated closing bid price prior to conversion and (ii) $0.60, as adjusted. The modifications described above are reported in Table II as the cancellation of the old security in exchange for the issuance of a new security reflecting the modified terms pursuant to the Sixth Amendment."},{"field":"date","element":"transactionDate","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"reported_value","element":"transactionTotalValue","label":"F6","text":"Under the Sixth Amendment, effective as of the aforementioned stockholder approval, the conversion price of the Surviving Note (which was previously issued to Acuitas Capital under the Fifth Amendment to the Keep Well Agreement) was modified to equal the lesser of (a) $0.36 and (b) the greater of the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12, subject to further adjustment. Prior to stockholder approval, the conversion price was equal to the lesser of (i) $2.40 and (b) the greater of (i) such consolidated closing bid price prior to conversion and (ii) $0.60, as adjusted. The modifications described above are reported in Table II as the cancellation of the old security in exchange for the issuance of a new security reflecting the modified terms pursuant to the Sixth Amendment."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into that certain Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Ontrak issued and sold to Acuitas Capital, and Acuitas Capital purchased from Ontrak, a senior secured promissory note, in the form attached thereto (a \"Demand Note\"), with a principal amount of $1.5 million on April 5, 2024, and Acuitas Capital, at its sole discretion, may purchase up to an additional $13.5 million in aggregate principal amount of Demand Notes, at such times and in such principal amounts as specified in the Sixth Amendment. On May 8, 2024 and June 5, 2024, Acuitas Capital purchased additional Demand Notes with an aggregate principal amount of $3 million."},{"field":"price","element":"transactionPricePerShare","label":"F6","text":"Under the Sixth Amendment, effective as of the aforementioned stockholder approval, the conversion price of the Surviving Note (which was previously issued to Acuitas Capital under the Fifth Amendment to the Keep Well Agreement) was modified to equal the lesser of (a) $0.36 and (b) the greater of the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12, subject to further adjustment. Prior to stockholder approval, the conversion price was equal to the lesser of (i) $2.40 and (b) the greater of (i) such consolidated closing bid price prior to conversion and (ii) $0.60, as adjusted. The modifications described above are reported in Table II as the cancellation of the old security in exchange for the issuance of a new security reflecting the modified terms pursuant to the Sixth Amendment."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F6","text":"Under the Sixth Amendment, effective as of the aforementioned stockholder approval, the conversion price of the Surviving Note (which was previously issued to Acuitas Capital under the Fifth Amendment to the Keep Well Agreement) was modified to equal the lesser of (a) $0.36 and (b) the greater of the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12, subject to further adjustment. Prior to stockholder approval, the conversion price was equal to the lesser of (i) $2.40 and (b) the greater of (i) such consolidated closing bid price prior to conversion and (ii) $0.60, as adjusted. The modifications described above are reported in Table II as the cancellation of the old security in exchange for the issuance of a new security reflecting the modified terms pursuant to the Sixth Amendment."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F6","text":"Under the Sixth Amendment, effective as of the aforementioned stockholder approval, the conversion price of the Surviving Note (which was previously issued to Acuitas Capital under the Fifth Amendment to the Keep Well Agreement) was modified to equal the lesser of (a) $0.36 and (b) the greater of the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12, subject to further adjustment. Prior to stockholder approval, the conversion price was equal to the lesser of (i) $2.40 and (b) the greater of (i) such consolidated closing bid price prior to conversion and (ii) $0.60, as adjusted. The modifications described above are reported in Table II as the cancellation of the old security in exchange for the issuance of a new security reflecting the modified terms pursuant to the Sixth Amendment."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."}],"balance_after":0,"derivative":{"exercise_price":0.6,"exercise_date":"2023-12-20","expiration_date":"2026-05-04","underlying":"Common Stock"},"source":{"system":"sec-edgar","filing":"0001104659-24-068774","document":"tm2416475-1_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":17,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465924068774/tm2416475-1_4seq1.xml","form_type":"4"}},{"id":1490867,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock Purchase Warrant","published_at":"2024-06-05T20:12:27.000Z","date":"2024-06-05","kind":"other","planned":false,"acquired":true,"shares":47208924,"ownership":{"direct":false,"nature":"By Acuitas"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"date","element":"transactionDate","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"date","element":"transactionDate","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"shares","element":"transactionShares","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"shares","element":"transactionShares","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into that certain Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Ontrak issued and sold to Acuitas Capital, and Acuitas Capital purchased from Ontrak, a senior secured promissory note, in the form attached thereto (a \"Demand Note\"), with a principal amount of $1.5 million on April 5, 2024, and Acuitas Capital, at its sole discretion, may purchase up to an additional $13.5 million in aggregate principal amount of Demand Notes, at such times and in such principal amounts as specified in the Sixth Amendment. On May 8, 2024 and June 5, 2024, Acuitas Capital purchased additional Demand Notes with an aggregate principal amount of $3 million."},{"field":"price","element":"transactionPricePerShare","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"Under the Sixth Amendment, subject to the aforementioned stockholder approval, for each purchased Demand Note, Ontrak will issue to Acuitas Capital a five-year warrant, in the form attached to the Sixth Amendment (a \"Demand Warrant\"), to purchase such number of shares of Ontrak's common stock resulting in 200% warrant coverage. The initial exercise price equals (a) in the case of Demand Warrants issued in connection with the initial Demand Note and next $3 million of principal amount of Demand Notes, the lesser of (i) $0.3442 and (ii) greater of (1) the consolidated closing bid price of Ontrak's common stock immediately preceding the deemed issuance time of the applicable Demand Note and (2) $0.12, and (b) in the case of subsequently issued Demand Warrants, the consolidated closing bid price of Ontrak's common stock immediately preceding such deemed issuance time, in each case of clause (a) or (b), subject to further adjustment."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F6","text":"Under the Sixth Amendment, effective as of the aforementioned stockholder approval, the conversion price of the Surviving Note (which was previously issued to Acuitas Capital under the Fifth Amendment to the Keep Well Agreement) was modified to equal the lesser of (a) $0.36 and (b) the greater of the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12, subject to further adjustment. Prior to stockholder approval, the conversion price was equal to the lesser of (i) $2.40 and (b) the greater of (i) such consolidated closing bid price prior to conversion and (ii) $0.60, as adjusted. The modifications described above are reported in Table II as the cancellation of the old security in exchange for the issuance of a new security reflecting the modified terms pursuant to the Sixth Amendment."}],"balance_after":47208924,"derivative":{"exercise_price":0.3442,"exercise_date":"2024-06-05","expiration_date":"2028-11-14","underlying":"Common Stock","underlying_shares":47208924},"source":{"system":"sec-edgar","filing":"0001104659-24-068774","document":"tm2416475-1_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":16,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465924068774/tm2416475-1_4seq1.xml","form_type":"4"}},{"id":1490866,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock Purchase Warrant","published_at":"2024-06-05T20:12:27.000Z","date":"2024-06-05","kind":"other","planned":false,"acquired":false,"shares":27082186,"ownership":{"direct":false,"nature":"By Acuitas"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"date","element":"transactionDate","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"date","element":"transactionDate","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"shares","element":"transactionShares","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"shares","element":"transactionShares","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into that certain Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Ontrak issued and sold to Acuitas Capital, and Acuitas Capital purchased from Ontrak, a senior secured promissory note, in the form attached thereto (a \"Demand Note\"), with a principal amount of $1.5 million on April 5, 2024, and Acuitas Capital, at its sole discretion, may purchase up to an additional $13.5 million in aggregate principal amount of Demand Notes, at such times and in such principal amounts as specified in the Sixth Amendment. On May 8, 2024 and June 5, 2024, Acuitas Capital purchased additional Demand Notes with an aggregate principal amount of $3 million."},{"field":"price","element":"transactionPricePerShare","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"Under the Sixth Amendment, subject to the aforementioned stockholder approval, for each purchased Demand Note, Ontrak will issue to Acuitas Capital a five-year warrant, in the form attached to the Sixth Amendment (a \"Demand Warrant\"), to purchase such number of shares of Ontrak's common stock resulting in 200% warrant coverage. The initial exercise price equals (a) in the case of Demand Warrants issued in connection with the initial Demand Note and next $3 million of principal amount of Demand Notes, the lesser of (i) $0.3442 and (ii) greater of (1) the consolidated closing bid price of Ontrak's common stock immediately preceding the deemed issuance time of the applicable Demand Note and (2) $0.12, and (b) in the case of subsequently issued Demand Warrants, the consolidated closing bid price of Ontrak's common stock immediately preceding such deemed issuance time, in each case of clause (a) or (b), subject to further adjustment."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F6","text":"Under the Sixth Amendment, effective as of the aforementioned stockholder approval, the conversion price of the Surviving Note (which was previously issued to Acuitas Capital under the Fifth Amendment to the Keep Well Agreement) was modified to equal the lesser of (a) $0.36 and (b) the greater of the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12, subject to further adjustment. Prior to stockholder approval, the conversion price was equal to the lesser of (i) $2.40 and (b) the greater of (i) such consolidated closing bid price prior to conversion and (ii) $0.60, as adjusted. The modifications described above are reported in Table II as the cancellation of the old security in exchange for the issuance of a new security reflecting the modified terms pursuant to the Sixth Amendment."}],"balance_after":0,"derivative":{"exercise_price":0.6,"exercise_date":"2023-12-20","expiration_date":"2028-11-14","underlying":"Common Stock","underlying_shares":27082186},"source":{"system":"sec-edgar","filing":"0001104659-24-068774","document":"tm2416475-1_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":15,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465924068774/tm2416475-1_4seq1.xml","form_type":"4"}},{"id":1490865,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock Purchase Warrant","published_at":"2024-06-05T20:12:27.000Z","date":"2024-06-05","kind":"other","planned":false,"acquired":true,"shares":3971853,"ownership":{"direct":false,"nature":"By Acuitas"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"date","element":"transactionDate","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"date","element":"transactionDate","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"shares","element":"transactionShares","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"shares","element":"transactionShares","label":"F6","text":"Under the Sixth Amendment, effective as of the aforementioned stockholder approval, the conversion price of the Surviving Note (which was previously issued to Acuitas Capital under the Fifth Amendment to the Keep Well Agreement) was modified to equal the lesser of (a) $0.36 and (b) the greater of the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12, subject to further adjustment. Prior to stockholder approval, the conversion price was equal to the lesser of (i) $2.40 and (b) the greater of (i) such consolidated closing bid price prior to conversion and (ii) $0.60, as adjusted. The modifications described above are reported in Table II as the cancellation of the old security in exchange for the issuance of a new security reflecting the modified terms pursuant to the Sixth Amendment."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into that certain Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Ontrak issued and sold to Acuitas Capital, and Acuitas Capital purchased from Ontrak, a senior secured promissory note, in the form attached thereto (a \"Demand Note\"), with a principal amount of $1.5 million on April 5, 2024, and Acuitas Capital, at its sole discretion, may purchase up to an additional $13.5 million in aggregate principal amount of Demand Notes, at such times and in such principal amounts as specified in the Sixth Amendment. On May 8, 2024 and June 5, 2024, Acuitas Capital purchased additional Demand Notes with an aggregate principal amount of $3 million."},{"field":"price","element":"transactionPricePerShare","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"Under the Sixth Amendment, subject to the aforementioned stockholder approval, for each purchased Demand Note, Ontrak will issue to Acuitas Capital a five-year warrant, in the form attached to the Sixth Amendment (a \"Demand Warrant\"), to purchase such number of shares of Ontrak's common stock resulting in 200% warrant coverage. The initial exercise price equals (a) in the case of Demand Warrants issued in connection with the initial Demand Note and next $3 million of principal amount of Demand Notes, the lesser of (i) $0.3442 and (ii) greater of (1) the consolidated closing bid price of Ontrak's common stock immediately preceding the deemed issuance time of the applicable Demand Note and (2) $0.12, and (b) in the case of subsequently issued Demand Warrants, the consolidated closing bid price of Ontrak's common stock immediately preceding such deemed issuance time, in each case of clause (a) or (b), subject to further adjustment."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F6","text":"Under the Sixth Amendment, effective as of the aforementioned stockholder approval, the conversion price of the Surviving Note (which was previously issued to Acuitas Capital under the Fifth Amendment to the Keep Well Agreement) was modified to equal the lesser of (a) $0.36 and (b) the greater of the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12, subject to further adjustment. Prior to stockholder approval, the conversion price was equal to the lesser of (i) $2.40 and (b) the greater of (i) such consolidated closing bid price prior to conversion and (ii) $0.60, as adjusted. The modifications described above are reported in Table II as the cancellation of the old security in exchange for the issuance of a new security reflecting the modified terms pursuant to the Sixth Amendment."}],"balance_after":3971853,"derivative":{"exercise_price":0.3442,"exercise_date":"2024-06-05","expiration_date":"2028-03-06","underlying":"Common Stock","underlying_shares":3971853},"source":{"system":"sec-edgar","filing":"0001104659-24-068774","document":"tm2416475-1_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":14,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465924068774/tm2416475-1_4seq1.xml","form_type":"4"}},{"id":1490864,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock Purchase Warrant","published_at":"2024-06-05T20:12:27.000Z","date":"2024-06-05","kind":"other","planned":false,"acquired":false,"shares":1481482,"ownership":{"direct":false,"nature":"By Acuitas"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F8","text":"After giving effect to Ontrak's 1-to-6 reverse stock split, effective as of July 27, 2023. Prior to the Sixth Amendment, on September 1, 2023, the exercise price of the warrants issued on August 29, 2022, September 7, 2022, January 5, 2023 and March 6, 2023 was determined to have been automatically reduced to $0.9228, subject to further adjustment, on account of the 1:6 reverse stock split and the final funding under the Keep Well Agreement. Table II reflects the exercise prices after giving effect to such exercise price reduction terms (but prior to the adjustments described in (5) above)."},{"field":"date","element":"transactionDate","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"date","element":"transactionDate","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"shares","element":"transactionShares","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"shares","element":"transactionShares","label":"F6","text":"Under the Sixth Amendment, effective as of the aforementioned stockholder approval, the conversion price of the Surviving Note (which was previously issued to Acuitas Capital under the Fifth Amendment to the Keep Well Agreement) was modified to equal the lesser of (a) $0.36 and (b) the greater of the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12, subject to further adjustment. Prior to stockholder approval, the conversion price was equal to the lesser of (i) $2.40 and (b) the greater of (i) such consolidated closing bid price prior to conversion and (ii) $0.60, as adjusted. The modifications described above are reported in Table II as the cancellation of the old security in exchange for the issuance of a new security reflecting the modified terms pursuant to the Sixth Amendment."},{"field":"shares","element":"transactionShares","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into that certain Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Ontrak issued and sold to Acuitas Capital, and Acuitas Capital purchased from Ontrak, a senior secured promissory note, in the form attached thereto (a \"Demand Note\"), with a principal amount of $1.5 million on April 5, 2024, and Acuitas Capital, at its sole discretion, may purchase up to an additional $13.5 million in aggregate principal amount of Demand Notes, at such times and in such principal amounts as specified in the Sixth Amendment. On May 8, 2024 and June 5, 2024, Acuitas Capital purchased additional Demand Notes with an aggregate principal amount of $3 million."},{"field":"price","element":"transactionPricePerShare","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"Under the Sixth Amendment, subject to the aforementioned stockholder approval, for each purchased Demand Note, Ontrak will issue to Acuitas Capital a five-year warrant, in the form attached to the Sixth Amendment (a \"Demand Warrant\"), to purchase such number of shares of Ontrak's common stock resulting in 200% warrant coverage. The initial exercise price equals (a) in the case of Demand Warrants issued in connection with the initial Demand Note and next $3 million of principal amount of Demand Notes, the lesser of (i) $0.3442 and (ii) greater of (1) the consolidated closing bid price of Ontrak's common stock immediately preceding the deemed issuance time of the applicable Demand Note and (2) $0.12, and (b) in the case of subsequently issued Demand Warrants, the consolidated closing bid price of Ontrak's common stock immediately preceding such deemed issuance time, in each case of clause (a) or (b), subject to further adjustment."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F6","text":"Under the Sixth Amendment, effective as of the aforementioned stockholder approval, the conversion price of the Surviving Note (which was previously issued to Acuitas Capital under the Fifth Amendment to the Keep Well Agreement) was modified to equal the lesser of (a) $0.36 and (b) the greater of the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12, subject to further adjustment. Prior to stockholder approval, the conversion price was equal to the lesser of (i) $2.40 and (b) the greater of (i) such consolidated closing bid price prior to conversion and (ii) $0.60, as adjusted. The modifications described above are reported in Table II as the cancellation of the old security in exchange for the issuance of a new security reflecting the modified terms pursuant to the Sixth Amendment."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."}],"balance_after":0,"derivative":{"exercise_price":0.9228,"exercise_date":"2023-03-06","expiration_date":"2028-03-06","underlying":"Common Stock","underlying_shares":1481482},"source":{"system":"sec-edgar","filing":"0001104659-24-068774","document":"tm2416475-1_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":13,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465924068774/tm2416475-1_4seq1.xml","form_type":"4"}},{"id":1490863,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock Purchase Warrant","published_at":"2024-06-05T20:12:27.000Z","date":"2024-06-05","kind":"other","planned":false,"acquired":true,"shares":3971853,"ownership":{"direct":false,"nature":"By Acuitas"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"date","element":"transactionDate","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"date","element":"transactionDate","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"shares","element":"transactionShares","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"shares","element":"transactionShares","label":"F6","text":"Under the Sixth Amendment, effective as of the aforementioned stockholder approval, the conversion price of the Surviving Note (which was previously issued to Acuitas Capital under the Fifth Amendment to the Keep Well Agreement) was modified to equal the lesser of (a) $0.36 and (b) the greater of the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12, subject to further adjustment. Prior to stockholder approval, the conversion price was equal to the lesser of (i) $2.40 and (b) the greater of (i) such consolidated closing bid price prior to conversion and (ii) $0.60, as adjusted. The modifications described above are reported in Table II as the cancellation of the old security in exchange for the issuance of a new security reflecting the modified terms pursuant to the Sixth Amendment."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into that certain Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Ontrak issued and sold to Acuitas Capital, and Acuitas Capital purchased from Ontrak, a senior secured promissory note, in the form attached thereto (a \"Demand Note\"), with a principal amount of $1.5 million on April 5, 2024, and Acuitas Capital, at its sole discretion, may purchase up to an additional $13.5 million in aggregate principal amount of Demand Notes, at such times and in such principal amounts as specified in the Sixth Amendment. On May 8, 2024 and June 5, 2024, Acuitas Capital purchased additional Demand Notes with an aggregate principal amount of $3 million."},{"field":"price","element":"transactionPricePerShare","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"Under the Sixth Amendment, subject to the aforementioned stockholder approval, for each purchased Demand Note, Ontrak will issue to Acuitas Capital a five-year warrant, in the form attached to the Sixth Amendment (a \"Demand Warrant\"), to purchase such number of shares of Ontrak's common stock resulting in 200% warrant coverage. The initial exercise price equals (a) in the case of Demand Warrants issued in connection with the initial Demand Note and next $3 million of principal amount of Demand Notes, the lesser of (i) $0.3442 and (ii) greater of (1) the consolidated closing bid price of Ontrak's common stock immediately preceding the deemed issuance time of the applicable Demand Note and (2) $0.12, and (b) in the case of subsequently issued Demand Warrants, the consolidated closing bid price of Ontrak's common stock immediately preceding such deemed issuance time, in each case of clause (a) or (b), subject to further adjustment."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F6","text":"Under the Sixth Amendment, effective as of the aforementioned stockholder approval, the conversion price of the Surviving Note (which was previously issued to Acuitas Capital under the Fifth Amendment to the Keep Well Agreement) was modified to equal the lesser of (a) $0.36 and (b) the greater of the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12, subject to further adjustment. Prior to stockholder approval, the conversion price was equal to the lesser of (i) $2.40 and (b) the greater of (i) such consolidated closing bid price prior to conversion and (ii) $0.60, as adjusted. The modifications described above are reported in Table II as the cancellation of the old security in exchange for the issuance of a new security reflecting the modified terms pursuant to the Sixth Amendment."}],"balance_after":3971853,"derivative":{"exercise_price":0.3442,"exercise_date":"2024-06-05","expiration_date":"2028-01-05","underlying":"Common Stock","underlying_shares":3971853},"source":{"system":"sec-edgar","filing":"0001104659-24-068774","document":"tm2416475-1_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":12,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465924068774/tm2416475-1_4seq1.xml","form_type":"4"}},{"id":1490862,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock Purchase Warrant","published_at":"2024-06-05T20:12:27.000Z","date":"2024-06-05","kind":"other","planned":false,"acquired":false,"shares":1481482,"ownership":{"direct":false,"nature":"By Acuitas"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F8","text":"After giving effect to Ontrak's 1-to-6 reverse stock split, effective as of July 27, 2023. Prior to the Sixth Amendment, on September 1, 2023, the exercise price of the warrants issued on August 29, 2022, September 7, 2022, January 5, 2023 and March 6, 2023 was determined to have been automatically reduced to $0.9228, subject to further adjustment, on account of the 1:6 reverse stock split and the final funding under the Keep Well Agreement. Table II reflects the exercise prices after giving effect to such exercise price reduction terms (but prior to the adjustments described in (5) above)."},{"field":"date","element":"transactionDate","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"date","element":"transactionDate","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"shares","element":"transactionShares","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"shares","element":"transactionShares","label":"F6","text":"Under the Sixth Amendment, effective as of the aforementioned stockholder approval, the conversion price of the Surviving Note (which was previously issued to Acuitas Capital under the Fifth Amendment to the Keep Well Agreement) was modified to equal the lesser of (a) $0.36 and (b) the greater of the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12, subject to further adjustment. Prior to stockholder approval, the conversion price was equal to the lesser of (i) $2.40 and (b) the greater of (i) such consolidated closing bid price prior to conversion and (ii) $0.60, as adjusted. The modifications described above are reported in Table II as the cancellation of the old security in exchange for the issuance of a new security reflecting the modified terms pursuant to the Sixth Amendment."},{"field":"shares","element":"transactionShares","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into that certain Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Ontrak issued and sold to Acuitas Capital, and Acuitas Capital purchased from Ontrak, a senior secured promissory note, in the form attached thereto (a \"Demand Note\"), with a principal amount of $1.5 million on April 5, 2024, and Acuitas Capital, at its sole discretion, may purchase up to an additional $13.5 million in aggregate principal amount of Demand Notes, at such times and in such principal amounts as specified in the Sixth Amendment. On May 8, 2024 and June 5, 2024, Acuitas Capital purchased additional Demand Notes with an aggregate principal amount of $3 million."},{"field":"price","element":"transactionPricePerShare","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"Under the Sixth Amendment, subject to the aforementioned stockholder approval, for each purchased Demand Note, Ontrak will issue to Acuitas Capital a five-year warrant, in the form attached to the Sixth Amendment (a \"Demand Warrant\"), to purchase such number of shares of Ontrak's common stock resulting in 200% warrant coverage. The initial exercise price equals (a) in the case of Demand Warrants issued in connection with the initial Demand Note and next $3 million of principal amount of Demand Notes, the lesser of (i) $0.3442 and (ii) greater of (1) the consolidated closing bid price of Ontrak's common stock immediately preceding the deemed issuance time of the applicable Demand Note and (2) $0.12, and (b) in the case of subsequently issued Demand Warrants, the consolidated closing bid price of Ontrak's common stock immediately preceding such deemed issuance time, in each case of clause (a) or (b), subject to further adjustment."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F6","text":"Under the Sixth Amendment, effective as of the aforementioned stockholder approval, the conversion price of the Surviving Note (which was previously issued to Acuitas Capital under the Fifth Amendment to the Keep Well Agreement) was modified to equal the lesser of (a) $0.36 and (b) the greater of the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12, subject to further adjustment. Prior to stockholder approval, the conversion price was equal to the lesser of (i) $2.40 and (b) the greater of (i) such consolidated closing bid price prior to conversion and (ii) $0.60, as adjusted. The modifications described above are reported in Table II as the cancellation of the old security in exchange for the issuance of a new security reflecting the modified terms pursuant to the Sixth Amendment."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."}],"balance_after":0,"derivative":{"exercise_price":0.9228,"exercise_date":"2023-02-21","expiration_date":"2028-01-05","underlying":"Common Stock","underlying_shares":1481482},"source":{"system":"sec-edgar","filing":"0001104659-24-068774","document":"tm2416475-1_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":11,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465924068774/tm2416475-1_4seq1.xml","form_type":"4"}},{"id":1490861,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock Purchase Warrant","published_at":"2024-06-05T20:12:27.000Z","date":"2024-06-05","kind":"other","planned":false,"acquired":true,"shares":5957779,"ownership":{"direct":false,"nature":"By Acuitas"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"date","element":"transactionDate","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"date","element":"transactionDate","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"shares","element":"transactionShares","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"shares","element":"transactionShares","label":"F6","text":"Under the Sixth Amendment, effective as of the aforementioned stockholder approval, the conversion price of the Surviving Note (which was previously issued to Acuitas Capital under the Fifth Amendment to the Keep Well Agreement) was modified to equal the lesser of (a) $0.36 and (b) the greater of the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12, subject to further adjustment. Prior to stockholder approval, the conversion price was equal to the lesser of (i) $2.40 and (b) the greater of (i) such consolidated closing bid price prior to conversion and (ii) $0.60, as adjusted. The modifications described above are reported in Table II as the cancellation of the old security in exchange for the issuance of a new security reflecting the modified terms pursuant to the Sixth Amendment."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into that certain Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Ontrak issued and sold to Acuitas Capital, and Acuitas Capital purchased from Ontrak, a senior secured promissory note, in the form attached thereto (a \"Demand Note\"), with a principal amount of $1.5 million on April 5, 2024, and Acuitas Capital, at its sole discretion, may purchase up to an additional $13.5 million in aggregate principal amount of Demand Notes, at such times and in such principal amounts as specified in the Sixth Amendment. On May 8, 2024 and June 5, 2024, Acuitas Capital purchased additional Demand Notes with an aggregate principal amount of $3 million."},{"field":"price","element":"transactionPricePerShare","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"Under the Sixth Amendment, subject to the aforementioned stockholder approval, for each purchased Demand Note, Ontrak will issue to Acuitas Capital a five-year warrant, in the form attached to the Sixth Amendment (a \"Demand Warrant\"), to purchase such number of shares of Ontrak's common stock resulting in 200% warrant coverage. The initial exercise price equals (a) in the case of Demand Warrants issued in connection with the initial Demand Note and next $3 million of principal amount of Demand Notes, the lesser of (i) $0.3442 and (ii) greater of (1) the consolidated closing bid price of Ontrak's common stock immediately preceding the deemed issuance time of the applicable Demand Note and (2) $0.12, and (b) in the case of subsequently issued Demand Warrants, the consolidated closing bid price of Ontrak's common stock immediately preceding such deemed issuance time, in each case of clause (a) or (b), subject to further adjustment."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F6","text":"Under the Sixth Amendment, effective as of the aforementioned stockholder approval, the conversion price of the Surviving Note (which was previously issued to Acuitas Capital under the Fifth Amendment to the Keep Well Agreement) was modified to equal the lesser of (a) $0.36 and (b) the greater of the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12, subject to further adjustment. Prior to stockholder approval, the conversion price was equal to the lesser of (i) $2.40 and (b) the greater of (i) such consolidated closing bid price prior to conversion and (ii) $0.60, as adjusted. The modifications described above are reported in Table II as the cancellation of the old security in exchange for the issuance of a new security reflecting the modified terms pursuant to the Sixth Amendment."}],"balance_after":5957779,"derivative":{"exercise_price":0.3442,"exercise_date":"2024-06-05","expiration_date":"2027-09-07","underlying":"Common Stock","underlying_shares":5957779},"source":{"system":"sec-edgar","filing":"0001104659-24-068774","document":"tm2416475-1_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":10,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465924068774/tm2416475-1_4seq1.xml","form_type":"4"}},{"id":1490860,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock Purchase Warrant","published_at":"2024-06-05T20:12:27.000Z","date":"2024-06-05","kind":"other","planned":false,"acquired":false,"shares":2222223,"ownership":{"direct":false,"nature":"By Acuitas"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F8","text":"After giving effect to Ontrak's 1-to-6 reverse stock split, effective as of July 27, 2023. Prior to the Sixth Amendment, on September 1, 2023, the exercise price of the warrants issued on August 29, 2022, September 7, 2022, January 5, 2023 and March 6, 2023 was determined to have been automatically reduced to $0.9228, subject to further adjustment, on account of the 1:6 reverse stock split and the final funding under the Keep Well Agreement. Table II reflects the exercise prices after giving effect to such exercise price reduction terms (but prior to the adjustments described in (5) above)."},{"field":"date","element":"transactionDate","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"date","element":"transactionDate","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"shares","element":"transactionShares","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"shares","element":"transactionShares","label":"F6","text":"Under the Sixth Amendment, effective as of the aforementioned stockholder approval, the conversion price of the Surviving Note (which was previously issued to Acuitas Capital under the Fifth Amendment to the Keep Well Agreement) was modified to equal the lesser of (a) $0.36 and (b) the greater of the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12, subject to further adjustment. Prior to stockholder approval, the conversion price was equal to the lesser of (i) $2.40 and (b) the greater of (i) such consolidated closing bid price prior to conversion and (ii) $0.60, as adjusted. The modifications described above are reported in Table II as the cancellation of the old security in exchange for the issuance of a new security reflecting the modified terms pursuant to the Sixth Amendment."},{"field":"shares","element":"transactionShares","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into that certain Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Ontrak issued and sold to Acuitas Capital, and Acuitas Capital purchased from Ontrak, a senior secured promissory note, in the form attached thereto (a \"Demand Note\"), with a principal amount of $1.5 million on April 5, 2024, and Acuitas Capital, at its sole discretion, may purchase up to an additional $13.5 million in aggregate principal amount of Demand Notes, at such times and in such principal amounts as specified in the Sixth Amendment. On May 8, 2024 and June 5, 2024, Acuitas Capital purchased additional Demand Notes with an aggregate principal amount of $3 million."},{"field":"price","element":"transactionPricePerShare","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"Under the Sixth Amendment, subject to the aforementioned stockholder approval, for each purchased Demand Note, Ontrak will issue to Acuitas Capital a five-year warrant, in the form attached to the Sixth Amendment (a \"Demand Warrant\"), to purchase such number of shares of Ontrak's common stock resulting in 200% warrant coverage. The initial exercise price equals (a) in the case of Demand Warrants issued in connection with the initial Demand Note and next $3 million of principal amount of Demand Notes, the lesser of (i) $0.3442 and (ii) greater of (1) the consolidated closing bid price of Ontrak's common stock immediately preceding the deemed issuance time of the applicable Demand Note and (2) $0.12, and (b) in the case of subsequently issued Demand Warrants, the consolidated closing bid price of Ontrak's common stock immediately preceding such deemed issuance time, in each case of clause (a) or (b), subject to further adjustment."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F6","text":"Under the Sixth Amendment, effective as of the aforementioned stockholder approval, the conversion price of the Surviving Note (which was previously issued to Acuitas Capital under the Fifth Amendment to the Keep Well Agreement) was modified to equal the lesser of (a) $0.36 and (b) the greater of the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12, subject to further adjustment. Prior to stockholder approval, the conversion price was equal to the lesser of (i) $2.40 and (b) the greater of (i) such consolidated closing bid price prior to conversion and (ii) $0.60, as adjusted. The modifications described above are reported in Table II as the cancellation of the old security in exchange for the issuance of a new security reflecting the modified terms pursuant to the Sixth Amendment."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."}],"balance_after":0,"derivative":{"exercise_price":0.9228,"exercise_date":"2023-02-21","expiration_date":"2027-09-07","underlying":"Common Stock","underlying_shares":2222223},"source":{"system":"sec-edgar","filing":"0001104659-24-068774","document":"tm2416475-1_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":9,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465924068774/tm2416475-1_4seq1.xml","form_type":"4"}},{"id":1490859,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock Purchase Warrant","published_at":"2024-06-05T20:12:27.000Z","date":"2024-06-05","kind":"other","planned":false,"acquired":true,"shares":4964815,"ownership":{"direct":false,"nature":"By Acuitas"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"date","element":"transactionDate","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"date","element":"transactionDate","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"shares","element":"transactionShares","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"shares","element":"transactionShares","label":"F6","text":"Under the Sixth Amendment, effective as of the aforementioned stockholder approval, the conversion price of the Surviving Note (which was previously issued to Acuitas Capital under the Fifth Amendment to the Keep Well Agreement) was modified to equal the lesser of (a) $0.36 and (b) the greater of the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12, subject to further adjustment. Prior to stockholder approval, the conversion price was equal to the lesser of (i) $2.40 and (b) the greater of (i) such consolidated closing bid price prior to conversion and (ii) $0.60, as adjusted. The modifications described above are reported in Table II as the cancellation of the old security in exchange for the issuance of a new security reflecting the modified terms pursuant to the Sixth Amendment."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into that certain Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Ontrak issued and sold to Acuitas Capital, and Acuitas Capital purchased from Ontrak, a senior secured promissory note, in the form attached thereto (a \"Demand Note\"), with a principal amount of $1.5 million on April 5, 2024, and Acuitas Capital, at its sole discretion, may purchase up to an additional $13.5 million in aggregate principal amount of Demand Notes, at such times and in such principal amounts as specified in the Sixth Amendment. On May 8, 2024 and June 5, 2024, Acuitas Capital purchased additional Demand Notes with an aggregate principal amount of $3 million."},{"field":"price","element":"transactionPricePerShare","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"Under the Sixth Amendment, subject to the aforementioned stockholder approval, for each purchased Demand Note, Ontrak will issue to Acuitas Capital a five-year warrant, in the form attached to the Sixth Amendment (a \"Demand Warrant\"), to purchase such number of shares of Ontrak's common stock resulting in 200% warrant coverage. The initial exercise price equals (a) in the case of Demand Warrants issued in connection with the initial Demand Note and next $3 million of principal amount of Demand Notes, the lesser of (i) $0.3442 and (ii) greater of (1) the consolidated closing bid price of Ontrak's common stock immediately preceding the deemed issuance time of the applicable Demand Note and (2) $0.12, and (b) in the case of subsequently issued Demand Warrants, the consolidated closing bid price of Ontrak's common stock immediately preceding such deemed issuance time, in each case of clause (a) or (b), subject to further adjustment."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F6","text":"Under the Sixth Amendment, effective as of the aforementioned stockholder approval, the conversion price of the Surviving Note (which was previously issued to Acuitas Capital under the Fifth Amendment to the Keep Well Agreement) was modified to equal the lesser of (a) $0.36 and (b) the greater of the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12, subject to further adjustment. Prior to stockholder approval, the conversion price was equal to the lesser of (i) $2.40 and (b) the greater of (i) such consolidated closing bid price prior to conversion and (ii) $0.60, as adjusted. The modifications described above are reported in Table II as the cancellation of the old security in exchange for the issuance of a new security reflecting the modified terms pursuant to the Sixth Amendment."}],"balance_after":4964815,"derivative":{"exercise_price":0.3442,"exercise_date":"2024-06-05","expiration_date":"2027-08-29","underlying":"Common Stock","underlying_shares":4964815},"source":{"system":"sec-edgar","filing":"0001104659-24-068774","document":"tm2416475-1_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":8,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465924068774/tm2416475-1_4seq1.xml","form_type":"4"}},{"id":1490858,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock Purchase Warrant","published_at":"2024-06-05T20:12:27.000Z","date":"2024-06-05","kind":"other","planned":false,"acquired":false,"shares":1851852,"ownership":{"direct":false,"nature":"By Acuitas"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F8","text":"After giving effect to Ontrak's 1-to-6 reverse stock split, effective as of July 27, 2023. Prior to the Sixth Amendment, on September 1, 2023, the exercise price of the warrants issued on August 29, 2022, September 7, 2022, January 5, 2023 and March 6, 2023 was determined to have been automatically reduced to $0.9228, subject to further adjustment, on account of the 1:6 reverse stock split and the final funding under the Keep Well Agreement. Table II reflects the exercise prices after giving effect to such exercise price reduction terms (but prior to the adjustments described in (5) above)."},{"field":"date","element":"transactionDate","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"date","element":"transactionDate","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"shares","element":"transactionShares","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"shares","element":"transactionShares","label":"F6","text":"Under the Sixth Amendment, effective as of the aforementioned stockholder approval, the conversion price of the Surviving Note (which was previously issued to Acuitas Capital under the Fifth Amendment to the Keep Well Agreement) was modified to equal the lesser of (a) $0.36 and (b) the greater of the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12, subject to further adjustment. Prior to stockholder approval, the conversion price was equal to the lesser of (i) $2.40 and (b) the greater of (i) such consolidated closing bid price prior to conversion and (ii) $0.60, as adjusted. The modifications described above are reported in Table II as the cancellation of the old security in exchange for the issuance of a new security reflecting the modified terms pursuant to the Sixth Amendment."},{"field":"shares","element":"transactionShares","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into that certain Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Ontrak issued and sold to Acuitas Capital, and Acuitas Capital purchased from Ontrak, a senior secured promissory note, in the form attached thereto (a \"Demand Note\"), with a principal amount of $1.5 million on April 5, 2024, and Acuitas Capital, at its sole discretion, may purchase up to an additional $13.5 million in aggregate principal amount of Demand Notes, at such times and in such principal amounts as specified in the Sixth Amendment. On May 8, 2024 and June 5, 2024, Acuitas Capital purchased additional Demand Notes with an aggregate principal amount of $3 million."},{"field":"price","element":"transactionPricePerShare","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"Under the Sixth Amendment, subject to the aforementioned stockholder approval, for each purchased Demand Note, Ontrak will issue to Acuitas Capital a five-year warrant, in the form attached to the Sixth Amendment (a \"Demand Warrant\"), to purchase such number of shares of Ontrak's common stock resulting in 200% warrant coverage. The initial exercise price equals (a) in the case of Demand Warrants issued in connection with the initial Demand Note and next $3 million of principal amount of Demand Notes, the lesser of (i) $0.3442 and (ii) greater of (1) the consolidated closing bid price of Ontrak's common stock immediately preceding the deemed issuance time of the applicable Demand Note and (2) $0.12, and (b) in the case of subsequently issued Demand Warrants, the consolidated closing bid price of Ontrak's common stock immediately preceding such deemed issuance time, in each case of clause (a) or (b), subject to further adjustment."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F5","text":"Under the Sixth Amendment, following stockholder approval, Ontrak will exchange each warrant issued under the Keep Well Agreement (each deemed to be automatically cancelled), with a newly issued five-year warrant, substantially in the form of Demand Warrant (a \"New Warrant\"), with the same issuance date as the replaced warrant. As a result of the exercise price reduction for certain Ontrak public offering warrants, the initial exercise price of each New Warrant was reduced to (and currently is) $0.3442 (and the warrant share amount proportionately increased), as may be further adjusted. On June 5, 2024, Ontrak issued New Warrants in exchange for warrants dated August 29, 2022, September 7, 2022, January 5, 2023, March 6, 2023 and November 14, 2023. Table II reports these modifications as the cancellation of old warrant for a newly issued warrant with modified terms as provided by the Sixth Amendment."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F6","text":"Under the Sixth Amendment, effective as of the aforementioned stockholder approval, the conversion price of the Surviving Note (which was previously issued to Acuitas Capital under the Fifth Amendment to the Keep Well Agreement) was modified to equal the lesser of (a) $0.36 and (b) the greater of the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12, subject to further adjustment. Prior to stockholder approval, the conversion price was equal to the lesser of (i) $2.40 and (b) the greater of (i) such consolidated closing bid price prior to conversion and (ii) $0.60, as adjusted. The modifications described above are reported in Table II as the cancellation of the old security in exchange for the issuance of a new security reflecting the modified terms pursuant to the Sixth Amendment."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."}],"balance_after":0,"derivative":{"exercise_price":0.9228,"exercise_date":"2023-02-21","expiration_date":"2027-08-29","underlying":"Common Stock","underlying_shares":1851852},"source":{"system":"sec-edgar","filing":"0001104659-24-068774","document":"tm2416475-1_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":7,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465924068774/tm2416475-1_4seq1.xml","form_type":"4"}},{"id":1490857,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock Purchase Warrant","published_at":"2024-06-05T20:12:27.000Z","date":"2024-06-05","kind":"other","planned":false,"acquired":true,"shares":11538462,"ownership":{"direct":false,"nature":"By Acuitas Capital"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into that certain Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Ontrak issued and sold to Acuitas Capital, and Acuitas Capital purchased from Ontrak, a senior secured promissory note, in the form attached thereto (a \"Demand Note\"), with a principal amount of $1.5 million on April 5, 2024, and Acuitas Capital, at its sole discretion, may purchase up to an additional $13.5 million in aggregate principal amount of Demand Notes, at such times and in such principal amounts as specified in the Sixth Amendment. On May 8, 2024 and June 5, 2024, Acuitas Capital purchased additional Demand Notes with an aggregate principal amount of $3 million."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F4","text":"Under the Sixth Amendment, subject to the aforementioned stockholder approval, for each purchased Demand Note, Ontrak will issue to Acuitas Capital a five-year warrant, in the form attached to the Sixth Amendment (a \"Demand Warrant\"), to purchase such number of shares of Ontrak's common stock resulting in 200% warrant coverage. The initial exercise price equals (a) in the case of Demand Warrants issued in connection with the initial Demand Note and next $3 million of principal amount of Demand Notes, the lesser of (i) $0.3442 and (ii) greater of (1) the consolidated closing bid price of Ontrak's common stock immediately preceding the deemed issuance time of the applicable Demand Note and (2) $0.12, and (b) in the case of subsequently issued Demand Warrants, the consolidated closing bid price of Ontrak's common stock immediately preceding such deemed issuance time, in each case of clause (a) or (b), subject to further adjustment."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"date","element":"transactionDate","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into that certain Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Ontrak issued and sold to Acuitas Capital, and Acuitas Capital purchased from Ontrak, a senior secured promissory note, in the form attached thereto (a \"Demand Note\"), with a principal amount of $1.5 million on April 5, 2024, and Acuitas Capital, at its sole discretion, may purchase up to an additional $13.5 million in aggregate principal amount of Demand Notes, at such times and in such principal amounts as specified in the Sixth Amendment. On May 8, 2024 and June 5, 2024, Acuitas Capital purchased additional Demand Notes with an aggregate principal amount of $3 million."},{"field":"date","element":"transactionDate","label":"F4","text":"Under the Sixth Amendment, subject to the aforementioned stockholder approval, for each purchased Demand Note, Ontrak will issue to Acuitas Capital a five-year warrant, in the form attached to the Sixth Amendment (a \"Demand Warrant\"), to purchase such number of shares of Ontrak's common stock resulting in 200% warrant coverage. The initial exercise price equals (a) in the case of Demand Warrants issued in connection with the initial Demand Note and next $3 million of principal amount of Demand Notes, the lesser of (i) $0.3442 and (ii) greater of (1) the consolidated closing bid price of Ontrak's common stock immediately preceding the deemed issuance time of the applicable Demand Note and (2) $0.12, and (b) in the case of subsequently issued Demand Warrants, the consolidated closing bid price of Ontrak's common stock immediately preceding such deemed issuance time, in each case of clause (a) or (b), subject to further adjustment."},{"field":"date","element":"transactionDate","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"shares","element":"transactionShares","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into that certain Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Ontrak issued and sold to Acuitas Capital, and Acuitas Capital purchased from Ontrak, a senior secured promissory note, in the form attached thereto (a \"Demand Note\"), with a principal amount of $1.5 million on April 5, 2024, and Acuitas Capital, at its sole discretion, may purchase up to an additional $13.5 million in aggregate principal amount of Demand Notes, at such times and in such principal amounts as specified in the Sixth Amendment. On May 8, 2024 and June 5, 2024, Acuitas Capital purchased additional Demand Notes with an aggregate principal amount of $3 million."},{"field":"shares","element":"transactionShares","label":"F4","text":"Under the Sixth Amendment, subject to the aforementioned stockholder approval, for each purchased Demand Note, Ontrak will issue to Acuitas Capital a five-year warrant, in the form attached to the Sixth Amendment (a \"Demand Warrant\"), to purchase such number of shares of Ontrak's common stock resulting in 200% warrant coverage. The initial exercise price equals (a) in the case of Demand Warrants issued in connection with the initial Demand Note and next $3 million of principal amount of Demand Notes, the lesser of (i) $0.3442 and (ii) greater of (1) the consolidated closing bid price of Ontrak's common stock immediately preceding the deemed issuance time of the applicable Demand Note and (2) $0.12, and (b) in the case of subsequently issued Demand Warrants, the consolidated closing bid price of Ontrak's common stock immediately preceding such deemed issuance time, in each case of clause (a) or (b), subject to further adjustment."},{"field":"shares","element":"transactionShares","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into that certain Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Ontrak issued and sold to Acuitas Capital, and Acuitas Capital purchased from Ontrak, a senior secured promissory note, in the form attached thereto (a \"Demand Note\"), with a principal amount of $1.5 million on April 5, 2024, and Acuitas Capital, at its sole discretion, may purchase up to an additional $13.5 million in aggregate principal amount of Demand Notes, at such times and in such principal amounts as specified in the Sixth Amendment. On May 8, 2024 and June 5, 2024, Acuitas Capital purchased additional Demand Notes with an aggregate principal amount of $3 million."},{"field":"price","element":"transactionPricePerShare","label":"F4","text":"Under the Sixth Amendment, subject to the aforementioned stockholder approval, for each purchased Demand Note, Ontrak will issue to Acuitas Capital a five-year warrant, in the form attached to the Sixth Amendment (a \"Demand Warrant\"), to purchase such number of shares of Ontrak's common stock resulting in 200% warrant coverage. The initial exercise price equals (a) in the case of Demand Warrants issued in connection with the initial Demand Note and next $3 million of principal amount of Demand Notes, the lesser of (i) $0.3442 and (ii) greater of (1) the consolidated closing bid price of Ontrak's common stock immediately preceding the deemed issuance time of the applicable Demand Note and (2) $0.12, and (b) in the case of subsequently issued Demand Warrants, the consolidated closing bid price of Ontrak's common stock immediately preceding such deemed issuance time, in each case of clause (a) or (b), subject to further adjustment."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"Under the Sixth Amendment, subject to the aforementioned stockholder approval, for each purchased Demand Note, Ontrak will issue to Acuitas Capital a five-year warrant, in the form attached to the Sixth Amendment (a \"Demand Warrant\"), to purchase such number of shares of Ontrak's common stock resulting in 200% warrant coverage. The initial exercise price equals (a) in the case of Demand Warrants issued in connection with the initial Demand Note and next $3 million of principal amount of Demand Notes, the lesser of (i) $0.3442 and (ii) greater of (1) the consolidated closing bid price of Ontrak's common stock immediately preceding the deemed issuance time of the applicable Demand Note and (2) $0.12, and (b) in the case of subsequently issued Demand Warrants, the consolidated closing bid price of Ontrak's common stock immediately preceding such deemed issuance time, in each case of clause (a) or (b), subject to further adjustment."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into that certain Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Ontrak issued and sold to Acuitas Capital, and Acuitas Capital purchased from Ontrak, a senior secured promissory note, in the form attached thereto (a \"Demand Note\"), with a principal amount of $1.5 million on April 5, 2024, and Acuitas Capital, at its sole discretion, may purchase up to an additional $13.5 million in aggregate principal amount of Demand Notes, at such times and in such principal amounts as specified in the Sixth Amendment. On May 8, 2024 and June 5, 2024, Acuitas Capital purchased additional Demand Notes with an aggregate principal amount of $3 million."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F4","text":"Under the Sixth Amendment, subject to the aforementioned stockholder approval, for each purchased Demand Note, Ontrak will issue to Acuitas Capital a five-year warrant, in the form attached to the Sixth Amendment (a \"Demand Warrant\"), to purchase such number of shares of Ontrak's common stock resulting in 200% warrant coverage. The initial exercise price equals (a) in the case of Demand Warrants issued in connection with the initial Demand Note and next $3 million of principal amount of Demand Notes, the lesser of (i) $0.3442 and (ii) greater of (1) the consolidated closing bid price of Ontrak's common stock immediately preceding the deemed issuance time of the applicable Demand Note and (2) $0.12, and (b) in the case of subsequently issued Demand Warrants, the consolidated closing bid price of Ontrak's common stock immediately preceding such deemed issuance time, in each case of clause (a) or (b), subject to further adjustment."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."}],"balance_after":11538462,"derivative":{"exercise_price":0.26,"exercise_date":"2024-06-05","expiration_date":"2029-06-05","underlying":"Common Stock","underlying_shares":11538462},"source":{"system":"sec-edgar","filing":"0001104659-24-068774","document":"tm2416475-1_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":6,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465924068774/tm2416475-1_4seq1.xml","form_type":"4"}},{"id":1490856,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock Purchase Warrant","published_at":"2024-06-05T20:12:27.000Z","date":"2024-06-05","kind":"other","planned":false,"acquired":true,"shares":11278196,"ownership":{"direct":false,"nature":"By Acuitas Capital"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into that certain Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Ontrak issued and sold to Acuitas Capital, and Acuitas Capital purchased from Ontrak, a senior secured promissory note, in the form attached thereto (a \"Demand Note\"), with a principal amount of $1.5 million on April 5, 2024, and Acuitas Capital, at its sole discretion, may purchase up to an additional $13.5 million in aggregate principal amount of Demand Notes, at such times and in such principal amounts as specified in the Sixth Amendment. On May 8, 2024 and June 5, 2024, Acuitas Capital purchased additional Demand Notes with an aggregate principal amount of $3 million."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F4","text":"Under the Sixth Amendment, subject to the aforementioned stockholder approval, for each purchased Demand Note, Ontrak will issue to Acuitas Capital a five-year warrant, in the form attached to the Sixth Amendment (a \"Demand Warrant\"), to purchase such number of shares of Ontrak's common stock resulting in 200% warrant coverage. The initial exercise price equals (a) in the case of Demand Warrants issued in connection with the initial Demand Note and next $3 million of principal amount of Demand Notes, the lesser of (i) $0.3442 and (ii) greater of (1) the consolidated closing bid price of Ontrak's common stock immediately preceding the deemed issuance time of the applicable Demand Note and (2) $0.12, and (b) in the case of subsequently issued Demand Warrants, the consolidated closing bid price of Ontrak's common stock immediately preceding such deemed issuance time, in each case of clause (a) or (b), subject to further adjustment."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"date","element":"transactionDate","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into that certain Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Ontrak issued and sold to Acuitas Capital, and Acuitas Capital purchased from Ontrak, a senior secured promissory note, in the form attached thereto (a \"Demand Note\"), with a principal amount of $1.5 million on April 5, 2024, and Acuitas Capital, at its sole discretion, may purchase up to an additional $13.5 million in aggregate principal amount of Demand Notes, at such times and in such principal amounts as specified in the Sixth Amendment. On May 8, 2024 and June 5, 2024, Acuitas Capital purchased additional Demand Notes with an aggregate principal amount of $3 million."},{"field":"date","element":"transactionDate","label":"F4","text":"Under the Sixth Amendment, subject to the aforementioned stockholder approval, for each purchased Demand Note, Ontrak will issue to Acuitas Capital a five-year warrant, in the form attached to the Sixth Amendment (a \"Demand Warrant\"), to purchase such number of shares of Ontrak's common stock resulting in 200% warrant coverage. The initial exercise price equals (a) in the case of Demand Warrants issued in connection with the initial Demand Note and next $3 million of principal amount of Demand Notes, the lesser of (i) $0.3442 and (ii) greater of (1) the consolidated closing bid price of Ontrak's common stock immediately preceding the deemed issuance time of the applicable Demand Note and (2) $0.12, and (b) in the case of subsequently issued Demand Warrants, the consolidated closing bid price of Ontrak's common stock immediately preceding such deemed issuance time, in each case of clause (a) or (b), subject to further adjustment."},{"field":"date","element":"transactionDate","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"shares","element":"transactionShares","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into that certain Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Ontrak issued and sold to Acuitas Capital, and Acuitas Capital purchased from Ontrak, a senior secured promissory note, in the form attached thereto (a \"Demand Note\"), with a principal amount of $1.5 million on April 5, 2024, and Acuitas Capital, at its sole discretion, may purchase up to an additional $13.5 million in aggregate principal amount of Demand Notes, at such times and in such principal amounts as specified in the Sixth Amendment. On May 8, 2024 and June 5, 2024, Acuitas Capital purchased additional Demand Notes with an aggregate principal amount of $3 million."},{"field":"shares","element":"transactionShares","label":"F4","text":"Under the Sixth Amendment, subject to the aforementioned stockholder approval, for each purchased Demand Note, Ontrak will issue to Acuitas Capital a five-year warrant, in the form attached to the Sixth Amendment (a \"Demand Warrant\"), to purchase such number of shares of Ontrak's common stock resulting in 200% warrant coverage. The initial exercise price equals (a) in the case of Demand Warrants issued in connection with the initial Demand Note and next $3 million of principal amount of Demand Notes, the lesser of (i) $0.3442 and (ii) greater of (1) the consolidated closing bid price of Ontrak's common stock immediately preceding the deemed issuance time of the applicable Demand Note and (2) $0.12, and (b) in the case of subsequently issued Demand Warrants, the consolidated closing bid price of Ontrak's common stock immediately preceding such deemed issuance time, in each case of clause (a) or (b), subject to further adjustment."},{"field":"shares","element":"transactionShares","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into that certain Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Ontrak issued and sold to Acuitas Capital, and Acuitas Capital purchased from Ontrak, a senior secured promissory note, in the form attached thereto (a \"Demand Note\"), with a principal amount of $1.5 million on April 5, 2024, and Acuitas Capital, at its sole discretion, may purchase up to an additional $13.5 million in aggregate principal amount of Demand Notes, at such times and in such principal amounts as specified in the Sixth Amendment. On May 8, 2024 and June 5, 2024, Acuitas Capital purchased additional Demand Notes with an aggregate principal amount of $3 million."},{"field":"price","element":"transactionPricePerShare","label":"F4","text":"Under the Sixth Amendment, subject to the aforementioned stockholder approval, for each purchased Demand Note, Ontrak will issue to Acuitas Capital a five-year warrant, in the form attached to the Sixth Amendment (a \"Demand Warrant\"), to purchase such number of shares of Ontrak's common stock resulting in 200% warrant coverage. The initial exercise price equals (a) in the case of Demand Warrants issued in connection with the initial Demand Note and next $3 million of principal amount of Demand Notes, the lesser of (i) $0.3442 and (ii) greater of (1) the consolidated closing bid price of Ontrak's common stock immediately preceding the deemed issuance time of the applicable Demand Note and (2) $0.12, and (b) in the case of subsequently issued Demand Warrants, the consolidated closing bid price of Ontrak's common stock immediately preceding such deemed issuance time, in each case of clause (a) or (b), subject to further adjustment."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"Under the Sixth Amendment, subject to the aforementioned stockholder approval, for each purchased Demand Note, Ontrak will issue to Acuitas Capital a five-year warrant, in the form attached to the Sixth Amendment (a \"Demand Warrant\"), to purchase such number of shares of Ontrak's common stock resulting in 200% warrant coverage. The initial exercise price equals (a) in the case of Demand Warrants issued in connection with the initial Demand Note and next $3 million of principal amount of Demand Notes, the lesser of (i) $0.3442 and (ii) greater of (1) the consolidated closing bid price of Ontrak's common stock immediately preceding the deemed issuance time of the applicable Demand Note and (2) $0.12, and (b) in the case of subsequently issued Demand Warrants, the consolidated closing bid price of Ontrak's common stock immediately preceding such deemed issuance time, in each case of clause (a) or (b), subject to further adjustment."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into that certain Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Ontrak issued and sold to Acuitas Capital, and Acuitas Capital purchased from Ontrak, a senior secured promissory note, in the form attached thereto (a \"Demand Note\"), with a principal amount of $1.5 million on April 5, 2024, and Acuitas Capital, at its sole discretion, may purchase up to an additional $13.5 million in aggregate principal amount of Demand Notes, at such times and in such principal amounts as specified in the Sixth Amendment. On May 8, 2024 and June 5, 2024, Acuitas Capital purchased additional Demand Notes with an aggregate principal amount of $3 million."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F4","text":"Under the Sixth Amendment, subject to the aforementioned stockholder approval, for each purchased Demand Note, Ontrak will issue to Acuitas Capital a five-year warrant, in the form attached to the Sixth Amendment (a \"Demand Warrant\"), to purchase such number of shares of Ontrak's common stock resulting in 200% warrant coverage. The initial exercise price equals (a) in the case of Demand Warrants issued in connection with the initial Demand Note and next $3 million of principal amount of Demand Notes, the lesser of (i) $0.3442 and (ii) greater of (1) the consolidated closing bid price of Ontrak's common stock immediately preceding the deemed issuance time of the applicable Demand Note and (2) $0.12, and (b) in the case of subsequently issued Demand Warrants, the consolidated closing bid price of Ontrak's common stock immediately preceding such deemed issuance time, in each case of clause (a) or (b), subject to further adjustment."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."}],"balance_after":11278196,"derivative":{"exercise_price":0.266,"exercise_date":"2024-06-05","expiration_date":"2029-05-08","underlying":"Common Stock","underlying_shares":11278196},"source":{"system":"sec-edgar","filing":"0001104659-24-068774","document":"tm2416475-1_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":5,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465924068774/tm2416475-1_4seq1.xml","form_type":"4"}},{"id":1490855,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock Purchase Warrant","published_at":"2024-06-05T20:12:27.000Z","date":"2024-06-05","kind":"other","planned":false,"acquired":true,"shares":8715863,"ownership":{"direct":false,"nature":"By Acuitas Capital"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into that certain Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Ontrak issued and sold to Acuitas Capital, and Acuitas Capital purchased from Ontrak, a senior secured promissory note, in the form attached thereto (a \"Demand Note\"), with a principal amount of $1.5 million on April 5, 2024, and Acuitas Capital, at its sole discretion, may purchase up to an additional $13.5 million in aggregate principal amount of Demand Notes, at such times and in such principal amounts as specified in the Sixth Amendment. On May 8, 2024 and June 5, 2024, Acuitas Capital purchased additional Demand Notes with an aggregate principal amount of $3 million."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F4","text":"Under the Sixth Amendment, subject to the aforementioned stockholder approval, for each purchased Demand Note, Ontrak will issue to Acuitas Capital a five-year warrant, in the form attached to the Sixth Amendment (a \"Demand Warrant\"), to purchase such number of shares of Ontrak's common stock resulting in 200% warrant coverage. The initial exercise price equals (a) in the case of Demand Warrants issued in connection with the initial Demand Note and next $3 million of principal amount of Demand Notes, the lesser of (i) $0.3442 and (ii) greater of (1) the consolidated closing bid price of Ontrak's common stock immediately preceding the deemed issuance time of the applicable Demand Note and (2) $0.12, and (b) in the case of subsequently issued Demand Warrants, the consolidated closing bid price of Ontrak's common stock immediately preceding such deemed issuance time, in each case of clause (a) or (b), subject to further adjustment."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"date","element":"transactionDate","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into that certain Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Ontrak issued and sold to Acuitas Capital, and Acuitas Capital purchased from Ontrak, a senior secured promissory note, in the form attached thereto (a \"Demand Note\"), with a principal amount of $1.5 million on April 5, 2024, and Acuitas Capital, at its sole discretion, may purchase up to an additional $13.5 million in aggregate principal amount of Demand Notes, at such times and in such principal amounts as specified in the Sixth Amendment. On May 8, 2024 and June 5, 2024, Acuitas Capital purchased additional Demand Notes with an aggregate principal amount of $3 million."},{"field":"date","element":"transactionDate","label":"F4","text":"Under the Sixth Amendment, subject to the aforementioned stockholder approval, for each purchased Demand Note, Ontrak will issue to Acuitas Capital a five-year warrant, in the form attached to the Sixth Amendment (a \"Demand Warrant\"), to purchase such number of shares of Ontrak's common stock resulting in 200% warrant coverage. The initial exercise price equals (a) in the case of Demand Warrants issued in connection with the initial Demand Note and next $3 million of principal amount of Demand Notes, the lesser of (i) $0.3442 and (ii) greater of (1) the consolidated closing bid price of Ontrak's common stock immediately preceding the deemed issuance time of the applicable Demand Note and (2) $0.12, and (b) in the case of subsequently issued Demand Warrants, the consolidated closing bid price of Ontrak's common stock immediately preceding such deemed issuance time, in each case of clause (a) or (b), subject to further adjustment."},{"field":"date","element":"transactionDate","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"shares","element":"transactionShares","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into that certain Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Ontrak issued and sold to Acuitas Capital, and Acuitas Capital purchased from Ontrak, a senior secured promissory note, in the form attached thereto (a \"Demand Note\"), with a principal amount of $1.5 million on April 5, 2024, and Acuitas Capital, at its sole discretion, may purchase up to an additional $13.5 million in aggregate principal amount of Demand Notes, at such times and in such principal amounts as specified in the Sixth Amendment. On May 8, 2024 and June 5, 2024, Acuitas Capital purchased additional Demand Notes with an aggregate principal amount of $3 million."},{"field":"shares","element":"transactionShares","label":"F4","text":"Under the Sixth Amendment, subject to the aforementioned stockholder approval, for each purchased Demand Note, Ontrak will issue to Acuitas Capital a five-year warrant, in the form attached to the Sixth Amendment (a \"Demand Warrant\"), to purchase such number of shares of Ontrak's common stock resulting in 200% warrant coverage. The initial exercise price equals (a) in the case of Demand Warrants issued in connection with the initial Demand Note and next $3 million of principal amount of Demand Notes, the lesser of (i) $0.3442 and (ii) greater of (1) the consolidated closing bid price of Ontrak's common stock immediately preceding the deemed issuance time of the applicable Demand Note and (2) $0.12, and (b) in the case of subsequently issued Demand Warrants, the consolidated closing bid price of Ontrak's common stock immediately preceding such deemed issuance time, in each case of clause (a) or (b), subject to further adjustment."},{"field":"shares","element":"transactionShares","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into that certain Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Ontrak issued and sold to Acuitas Capital, and Acuitas Capital purchased from Ontrak, a senior secured promissory note, in the form attached thereto (a \"Demand Note\"), with a principal amount of $1.5 million on April 5, 2024, and Acuitas Capital, at its sole discretion, may purchase up to an additional $13.5 million in aggregate principal amount of Demand Notes, at such times and in such principal amounts as specified in the Sixth Amendment. On May 8, 2024 and June 5, 2024, Acuitas Capital purchased additional Demand Notes with an aggregate principal amount of $3 million."},{"field":"price","element":"transactionPricePerShare","label":"F4","text":"Under the Sixth Amendment, subject to the aforementioned stockholder approval, for each purchased Demand Note, Ontrak will issue to Acuitas Capital a five-year warrant, in the form attached to the Sixth Amendment (a \"Demand Warrant\"), to purchase such number of shares of Ontrak's common stock resulting in 200% warrant coverage. The initial exercise price equals (a) in the case of Demand Warrants issued in connection with the initial Demand Note and next $3 million of principal amount of Demand Notes, the lesser of (i) $0.3442 and (ii) greater of (1) the consolidated closing bid price of Ontrak's common stock immediately preceding the deemed issuance time of the applicable Demand Note and (2) $0.12, and (b) in the case of subsequently issued Demand Warrants, the consolidated closing bid price of Ontrak's common stock immediately preceding such deemed issuance time, in each case of clause (a) or (b), subject to further adjustment."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"Under the Sixth Amendment, subject to the aforementioned stockholder approval, for each purchased Demand Note, Ontrak will issue to Acuitas Capital a five-year warrant, in the form attached to the Sixth Amendment (a \"Demand Warrant\"), to purchase such number of shares of Ontrak's common stock resulting in 200% warrant coverage. The initial exercise price equals (a) in the case of Demand Warrants issued in connection with the initial Demand Note and next $3 million of principal amount of Demand Notes, the lesser of (i) $0.3442 and (ii) greater of (1) the consolidated closing bid price of Ontrak's common stock immediately preceding the deemed issuance time of the applicable Demand Note and (2) $0.12, and (b) in the case of subsequently issued Demand Warrants, the consolidated closing bid price of Ontrak's common stock immediately preceding such deemed issuance time, in each case of clause (a) or (b), subject to further adjustment."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into that certain Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Ontrak issued and sold to Acuitas Capital, and Acuitas Capital purchased from Ontrak, a senior secured promissory note, in the form attached thereto (a \"Demand Note\"), with a principal amount of $1.5 million on April 5, 2024, and Acuitas Capital, at its sole discretion, may purchase up to an additional $13.5 million in aggregate principal amount of Demand Notes, at such times and in such principal amounts as specified in the Sixth Amendment. On May 8, 2024 and June 5, 2024, Acuitas Capital purchased additional Demand Notes with an aggregate principal amount of $3 million."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F4","text":"Under the Sixth Amendment, subject to the aforementioned stockholder approval, for each purchased Demand Note, Ontrak will issue to Acuitas Capital a five-year warrant, in the form attached to the Sixth Amendment (a \"Demand Warrant\"), to purchase such number of shares of Ontrak's common stock resulting in 200% warrant coverage. The initial exercise price equals (a) in the case of Demand Warrants issued in connection with the initial Demand Note and next $3 million of principal amount of Demand Notes, the lesser of (i) $0.3442 and (ii) greater of (1) the consolidated closing bid price of Ontrak's common stock immediately preceding the deemed issuance time of the applicable Demand Note and (2) $0.12, and (b) in the case of subsequently issued Demand Warrants, the consolidated closing bid price of Ontrak's common stock immediately preceding such deemed issuance time, in each case of clause (a) or (b), subject to further adjustment."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."}],"balance_after":8715863,"derivative":{"exercise_price":0.3442,"exercise_date":"2024-06-05","expiration_date":"2029-04-05","underlying":"Common Stock","underlying_shares":8715863},"source":{"system":"sec-edgar","filing":"0001104659-24-068774","document":"tm2416475-1_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465924068774/tm2416475-1_4seq1.xml","form_type":"4"}},{"id":1490854,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Senior Secured Convertible Promissory Note","published_at":"2024-06-05T20:12:27.000Z","date":"2024-06-05","kind":"purchase","planned":false,"acquired":true,"reported_value":1500000,"ownership":{"direct":false,"nature":"By Acuitas Capital"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F3","text":"Each Demand Note is payable upon the demand of the holder. Under the Sixth Amendment, subject to Ontrak obtaining stockholder approval of the Sixth Amendment transactions, the entire principal amount of each Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $0.36 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12 (subject to further adjustment)."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"date","element":"transactionDate","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into that certain Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Ontrak issued and sold to Acuitas Capital, and Acuitas Capital purchased from Ontrak, a senior secured promissory note, in the form attached thereto (a \"Demand Note\"), with a principal amount of $1.5 million on April 5, 2024, and Acuitas Capital, at its sole discretion, may purchase up to an additional $13.5 million in aggregate principal amount of Demand Notes, at such times and in such principal amounts as specified in the Sixth Amendment. On May 8, 2024 and June 5, 2024, Acuitas Capital purchased additional Demand Notes with an aggregate principal amount of $3 million."},{"field":"date","element":"transactionDate","label":"F3","text":"Each Demand Note is payable upon the demand of the holder. Under the Sixth Amendment, subject to Ontrak obtaining stockholder approval of the Sixth Amendment transactions, the entire principal amount of each Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $0.36 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12 (subject to further adjustment)."},{"field":"date","element":"transactionDate","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"reported_value","element":"transactionTotalValue","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into that certain Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Ontrak issued and sold to Acuitas Capital, and Acuitas Capital purchased from Ontrak, a senior secured promissory note, in the form attached thereto (a \"Demand Note\"), with a principal amount of $1.5 million on April 5, 2024, and Acuitas Capital, at its sole discretion, may purchase up to an additional $13.5 million in aggregate principal amount of Demand Notes, at such times and in such principal amounts as specified in the Sixth Amendment. On May 8, 2024 and June 5, 2024, Acuitas Capital purchased additional Demand Notes with an aggregate principal amount of $3 million."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into that certain Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Ontrak issued and sold to Acuitas Capital, and Acuitas Capital purchased from Ontrak, a senior secured promissory note, in the form attached thereto (a \"Demand Note\"), with a principal amount of $1.5 million on April 5, 2024, and Acuitas Capital, at its sole discretion, may purchase up to an additional $13.5 million in aggregate principal amount of Demand Notes, at such times and in such principal amounts as specified in the Sixth Amendment. On May 8, 2024 and June 5, 2024, Acuitas Capital purchased additional Demand Notes with an aggregate principal amount of $3 million."},{"field":"price","element":"transactionPricePerShare","label":"F3","text":"Each Demand Note is payable upon the demand of the holder. Under the Sixth Amendment, subject to Ontrak obtaining stockholder approval of the Sixth Amendment transactions, the entire principal amount of each Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $0.36 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12 (subject to further adjustment)."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into that certain Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Ontrak issued and sold to Acuitas Capital, and Acuitas Capital purchased from Ontrak, a senior secured promissory note, in the form attached thereto (a \"Demand Note\"), with a principal amount of $1.5 million on April 5, 2024, and Acuitas Capital, at its sole discretion, may purchase up to an additional $13.5 million in aggregate principal amount of Demand Notes, at such times and in such principal amounts as specified in the Sixth Amendment. On May 8, 2024 and June 5, 2024, Acuitas Capital purchased additional Demand Notes with an aggregate principal amount of $3 million."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"Each Demand Note is payable upon the demand of the holder. Under the Sixth Amendment, subject to Ontrak obtaining stockholder approval of the Sixth Amendment transactions, the entire principal amount of each Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $0.36 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12 (subject to further adjustment)."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F3","text":"Each Demand Note is payable upon the demand of the holder. Under the Sixth Amendment, subject to Ontrak obtaining stockholder approval of the Sixth Amendment transactions, the entire principal amount of each Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $0.36 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12 (subject to further adjustment)."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into that certain Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Ontrak issued and sold to Acuitas Capital, and Acuitas Capital purchased from Ontrak, a senior secured promissory note, in the form attached thereto (a \"Demand Note\"), with a principal amount of $1.5 million on April 5, 2024, and Acuitas Capital, at its sole discretion, may purchase up to an additional $13.5 million in aggregate principal amount of Demand Notes, at such times and in such principal amounts as specified in the Sixth Amendment. On May 8, 2024 and June 5, 2024, Acuitas Capital purchased additional Demand Notes with an aggregate principal amount of $3 million."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F3","text":"Each Demand Note is payable upon the demand of the holder. Under the Sixth Amendment, subject to Ontrak obtaining stockholder approval of the Sixth Amendment transactions, the entire principal amount of each Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $0.36 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12 (subject to further adjustment)."}],"derivative":{"exercise_date":"2024-06-05","underlying":"Common Stock"},"source":{"system":"sec-edgar","filing":"0001104659-24-068774","document":"tm2416475-1_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465924068774/tm2416475-1_4seq1.xml","form_type":"4"}},{"id":1490853,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Senior Secured Convertible Promissory Note","published_at":"2024-06-05T20:12:27.000Z","date":"2024-06-02","kind":"purchase","planned":false,"acquired":true,"reported_value":1500000,"ownership":{"direct":false,"nature":"By Acuitas Capital"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F3","text":"Each Demand Note is payable upon the demand of the holder. Under the Sixth Amendment, subject to Ontrak obtaining stockholder approval of the Sixth Amendment transactions, the entire principal amount of each Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $0.36 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12 (subject to further adjustment)."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"date","element":"transactionDate","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into that certain Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Ontrak issued and sold to Acuitas Capital, and Acuitas Capital purchased from Ontrak, a senior secured promissory note, in the form attached thereto (a \"Demand Note\"), with a principal amount of $1.5 million on April 5, 2024, and Acuitas Capital, at its sole discretion, may purchase up to an additional $13.5 million in aggregate principal amount of Demand Notes, at such times and in such principal amounts as specified in the Sixth Amendment. On May 8, 2024 and June 5, 2024, Acuitas Capital purchased additional Demand Notes with an aggregate principal amount of $3 million."},{"field":"date","element":"transactionDate","label":"F3","text":"Each Demand Note is payable upon the demand of the holder. Under the Sixth Amendment, subject to Ontrak obtaining stockholder approval of the Sixth Amendment transactions, the entire principal amount of each Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $0.36 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12 (subject to further adjustment)."},{"field":"date","element":"transactionDate","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"reported_value","element":"transactionTotalValue","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into that certain Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Ontrak issued and sold to Acuitas Capital, and Acuitas Capital purchased from Ontrak, a senior secured promissory note, in the form attached thereto (a \"Demand Note\"), with a principal amount of $1.5 million on April 5, 2024, and Acuitas Capital, at its sole discretion, may purchase up to an additional $13.5 million in aggregate principal amount of Demand Notes, at such times and in such principal amounts as specified in the Sixth Amendment. On May 8, 2024 and June 5, 2024, Acuitas Capital purchased additional Demand Notes with an aggregate principal amount of $3 million."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into that certain Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Ontrak issued and sold to Acuitas Capital, and Acuitas Capital purchased from Ontrak, a senior secured promissory note, in the form attached thereto (a \"Demand Note\"), with a principal amount of $1.5 million on April 5, 2024, and Acuitas Capital, at its sole discretion, may purchase up to an additional $13.5 million in aggregate principal amount of Demand Notes, at such times and in such principal amounts as specified in the Sixth Amendment. On May 8, 2024 and June 5, 2024, Acuitas Capital purchased additional Demand Notes with an aggregate principal amount of $3 million."},{"field":"price","element":"transactionPricePerShare","label":"F3","text":"Each Demand Note is payable upon the demand of the holder. Under the Sixth Amendment, subject to Ontrak obtaining stockholder approval of the Sixth Amendment transactions, the entire principal amount of each Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $0.36 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12 (subject to further adjustment)."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into that certain Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Ontrak issued and sold to Acuitas Capital, and Acuitas Capital purchased from Ontrak, a senior secured promissory note, in the form attached thereto (a \"Demand Note\"), with a principal amount of $1.5 million on April 5, 2024, and Acuitas Capital, at its sole discretion, may purchase up to an additional $13.5 million in aggregate principal amount of Demand Notes, at such times and in such principal amounts as specified in the Sixth Amendment. On May 8, 2024 and June 5, 2024, Acuitas Capital purchased additional Demand Notes with an aggregate principal amount of $3 million."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"Each Demand Note is payable upon the demand of the holder. Under the Sixth Amendment, subject to Ontrak obtaining stockholder approval of the Sixth Amendment transactions, the entire principal amount of each Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $0.36 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12 (subject to further adjustment)."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F3","text":"Each Demand Note is payable upon the demand of the holder. Under the Sixth Amendment, subject to Ontrak obtaining stockholder approval of the Sixth Amendment transactions, the entire principal amount of each Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $0.36 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12 (subject to further adjustment)."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into that certain Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Ontrak issued and sold to Acuitas Capital, and Acuitas Capital purchased from Ontrak, a senior secured promissory note, in the form attached thereto (a \"Demand Note\"), with a principal amount of $1.5 million on April 5, 2024, and Acuitas Capital, at its sole discretion, may purchase up to an additional $13.5 million in aggregate principal amount of Demand Notes, at such times and in such principal amounts as specified in the Sixth Amendment. On May 8, 2024 and June 5, 2024, Acuitas Capital purchased additional Demand Notes with an aggregate principal amount of $3 million."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F3","text":"Each Demand Note is payable upon the demand of the holder. Under the Sixth Amendment, subject to Ontrak obtaining stockholder approval of the Sixth Amendment transactions, the entire principal amount of each Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $0.36 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12 (subject to further adjustment)."}],"derivative":{"exercise_date":"2024-06-02","underlying":"Common Stock"},"source":{"system":"sec-edgar","filing":"0001104659-24-068774","document":"tm2416475-1_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465924068774/tm2416475-1_4seq1.xml","form_type":"4"}},{"id":1490852,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Senior Secured Convertible Promissory Note","published_at":"2024-06-05T20:12:27.000Z","date":"2024-06-02","kind":"purchase","planned":false,"acquired":true,"reported_value":1500000,"ownership":{"direct":false,"nature":"By Acuitas Capital"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F3","text":"Each Demand Note is payable upon the demand of the holder. Under the Sixth Amendment, subject to Ontrak obtaining stockholder approval of the Sixth Amendment transactions, the entire principal amount of each Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $0.36 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12 (subject to further adjustment)."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"date","element":"transactionDate","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into that certain Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Ontrak issued and sold to Acuitas Capital, and Acuitas Capital purchased from Ontrak, a senior secured promissory note, in the form attached thereto (a \"Demand Note\"), with a principal amount of $1.5 million on April 5, 2024, and Acuitas Capital, at its sole discretion, may purchase up to an additional $13.5 million in aggregate principal amount of Demand Notes, at such times and in such principal amounts as specified in the Sixth Amendment. On May 8, 2024 and June 5, 2024, Acuitas Capital purchased additional Demand Notes with an aggregate principal amount of $3 million."},{"field":"date","element":"transactionDate","label":"F3","text":"Each Demand Note is payable upon the demand of the holder. Under the Sixth Amendment, subject to Ontrak obtaining stockholder approval of the Sixth Amendment transactions, the entire principal amount of each Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $0.36 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12 (subject to further adjustment)."},{"field":"date","element":"transactionDate","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"reported_value","element":"transactionTotalValue","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into that certain Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Ontrak issued and sold to Acuitas Capital, and Acuitas Capital purchased from Ontrak, a senior secured promissory note, in the form attached thereto (a \"Demand Note\"), with a principal amount of $1.5 million on April 5, 2024, and Acuitas Capital, at its sole discretion, may purchase up to an additional $13.5 million in aggregate principal amount of Demand Notes, at such times and in such principal amounts as specified in the Sixth Amendment. On May 8, 2024 and June 5, 2024, Acuitas Capital purchased additional Demand Notes with an aggregate principal amount of $3 million."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into that certain Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Ontrak issued and sold to Acuitas Capital, and Acuitas Capital purchased from Ontrak, a senior secured promissory note, in the form attached thereto (a \"Demand Note\"), with a principal amount of $1.5 million on April 5, 2024, and Acuitas Capital, at its sole discretion, may purchase up to an additional $13.5 million in aggregate principal amount of Demand Notes, at such times and in such principal amounts as specified in the Sixth Amendment. On May 8, 2024 and June 5, 2024, Acuitas Capital purchased additional Demand Notes with an aggregate principal amount of $3 million."},{"field":"price","element":"transactionPricePerShare","label":"F3","text":"Each Demand Note is payable upon the demand of the holder. Under the Sixth Amendment, subject to Ontrak obtaining stockholder approval of the Sixth Amendment transactions, the entire principal amount of each Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $0.36 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12 (subject to further adjustment)."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into that certain Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Ontrak issued and sold to Acuitas Capital, and Acuitas Capital purchased from Ontrak, a senior secured promissory note, in the form attached thereto (a \"Demand Note\"), with a principal amount of $1.5 million on April 5, 2024, and Acuitas Capital, at its sole discretion, may purchase up to an additional $13.5 million in aggregate principal amount of Demand Notes, at such times and in such principal amounts as specified in the Sixth Amendment. On May 8, 2024 and June 5, 2024, Acuitas Capital purchased additional Demand Notes with an aggregate principal amount of $3 million."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"Each Demand Note is payable upon the demand of the holder. Under the Sixth Amendment, subject to Ontrak obtaining stockholder approval of the Sixth Amendment transactions, the entire principal amount of each Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $0.36 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12 (subject to further adjustment)."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F7","text":"Under the Sixth Amendment, Ontrak was required to seek the aforementioned stockholder approval for the Sixth Amendment transactions. According to the Information Statement filed by Ontrak with the SEC on May 13, 2024, such stockholder approval became effective on or approximately June 2, 2024."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F3","text":"Each Demand Note is payable upon the demand of the holder. Under the Sixth Amendment, subject to Ontrak obtaining stockholder approval of the Sixth Amendment transactions, the entire principal amount of each Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $0.36 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12 (subject to further adjustment)."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F2","text":"As previously disclosed, Ontrak and Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), entered into that certain Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024 (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), pursuant to which Ontrak issued and sold to Acuitas Capital, and Acuitas Capital purchased from Ontrak, a senior secured promissory note, in the form attached thereto (a \"Demand Note\"), with a principal amount of $1.5 million on April 5, 2024, and Acuitas Capital, at its sole discretion, may purchase up to an additional $13.5 million in aggregate principal amount of Demand Notes, at such times and in such principal amounts as specified in the Sixth Amendment. On May 8, 2024 and June 5, 2024, Acuitas Capital purchased additional Demand Notes with an aggregate principal amount of $3 million."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F3","text":"Each Demand Note is payable upon the demand of the holder. Under the Sixth Amendment, subject to Ontrak obtaining stockholder approval of the Sixth Amendment transactions, the entire principal amount of each Demand Note (plus accrued and unpaid interest thereon) is convertible, at Acuitas Capital's option, into shares of Ontrak's common stock, at a conversion price equal to the lesser of $0.36 and greater of (i) the consolidated closing bid price of Ontrak's common stock immediately prior to the applicable conversion date and (ii) $0.12 (subject to further adjustment)."}],"derivative":{"exercise_date":"2024-06-02","underlying":"Common Stock"},"source":{"system":"sec-edgar","filing":"0001104659-24-068774","document":"tm2416475-1_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465924068774/tm2416475-1_4seq1.xml","form_type":"4"}},{"id":1544050,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock Purchase Warrant","published_at":"2024-04-10T17:20:23.000Z","date":"2024-04-08","kind":"other","planned":false,"acquired":true,"shares":90548129,"ownership":{"direct":false,"nature":"By Humanitario"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F3","text":"Under the terms of the Warrant Waiver, if $0.36 is greater than the lowest VWAP of Ontrak's common stock on any trading day during the five trading day period immediately following public announcement of Ontrak entering into the Sixth Amendment, the exercise price of the Private Placement Warrant would be reduced to such lowest VWAP on any trading day during such five trading day period."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F4","text":"According to the Form 8-K filed by Ontrak on April 8, 2024, the lowest VWAP on any trading day during the five-trading day period immediately following the public announcement of Ontrak entering into the Sixth Amendment was $0.3442. Accordingly, pursuant to the terms of the Warrant Waiver, the exercise price of the Private Placement Warrant was reduced to $0.3442 per share (and the number of shares of Ontrak's common stock issuable upon exercise thereof was increased to 90,548,129 shares)."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F5","text":"Such adjustments are reported in Table II above as the cancellation of the prior warrant in exchange for the issuance of a new warrant reflecting the modified exercise price and number of warrant shares issuable upon exercise thereof."},{"field":"date","element":"transactionDate","label":"F3","text":"Under the terms of the Warrant Waiver, if $0.36 is greater than the lowest VWAP of Ontrak's common stock on any trading day during the five trading day period immediately following public announcement of Ontrak entering into the Sixth Amendment, the exercise price of the Private Placement Warrant would be reduced to such lowest VWAP on any trading day during such five trading day period."},{"field":"date","element":"transactionDate","label":"F4","text":"According to the Form 8-K filed by Ontrak on April 8, 2024, the lowest VWAP on any trading day during the five-trading day period immediately following the public announcement of Ontrak entering into the Sixth Amendment was $0.3442. Accordingly, pursuant to the terms of the Warrant Waiver, the exercise price of the Private Placement Warrant was reduced to $0.3442 per share (and the number of shares of Ontrak's common stock issuable upon exercise thereof was increased to 90,548,129 shares)."},{"field":"date","element":"transactionDate","label":"F5","text":"Such adjustments are reported in Table II above as the cancellation of the prior warrant in exchange for the issuance of a new warrant reflecting the modified exercise price and number of warrant shares issuable upon exercise thereof."},{"field":"shares","element":"transactionShares","label":"F3","text":"Under the terms of the Warrant Waiver, if $0.36 is greater than the lowest VWAP of Ontrak's common stock on any trading day during the five trading day period immediately following public announcement of Ontrak entering into the Sixth Amendment, the exercise price of the Private Placement Warrant would be reduced to such lowest VWAP on any trading day during such five trading day period."},{"field":"shares","element":"transactionShares","label":"F4","text":"According to the Form 8-K filed by Ontrak on April 8, 2024, the lowest VWAP on any trading day during the five-trading day period immediately following the public announcement of Ontrak entering into the Sixth Amendment was $0.3442. Accordingly, pursuant to the terms of the Warrant Waiver, the exercise price of the Private Placement Warrant was reduced to $0.3442 per share (and the number of shares of Ontrak's common stock issuable upon exercise thereof was increased to 90,548,129 shares)."},{"field":"shares","element":"transactionShares","label":"F5","text":"Such adjustments are reported in Table II above as the cancellation of the prior warrant in exchange for the issuance of a new warrant reflecting the modified exercise price and number of warrant shares issuable upon exercise thereof."},{"field":"price","element":"transactionPricePerShare","label":"F3","text":"Under the terms of the Warrant Waiver, if $0.36 is greater than the lowest VWAP of Ontrak's common stock on any trading day during the five trading day period immediately following public announcement of Ontrak entering into the Sixth Amendment, the exercise price of the Private Placement Warrant would be reduced to such lowest VWAP on any trading day during such five trading day period."},{"field":"price","element":"transactionPricePerShare","label":"F4","text":"According to the Form 8-K filed by Ontrak on April 8, 2024, the lowest VWAP on any trading day during the five-trading day period immediately following the public announcement of Ontrak entering into the Sixth Amendment was $0.3442. Accordingly, pursuant to the terms of the Warrant Waiver, the exercise price of the Private Placement Warrant was reduced to $0.3442 per share (and the number of shares of Ontrak's common stock issuable upon exercise thereof was increased to 90,548,129 shares)."},{"field":"price","element":"transactionPricePerShare","label":"F5","text":"Such adjustments are reported in Table II above as the cancellation of the prior warrant in exchange for the issuance of a new warrant reflecting the modified exercise price and number of warrant shares issuable upon exercise thereof."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"According to the Form 8-K filed by Ontrak on April 8, 2024, the lowest VWAP on any trading day during the five-trading day period immediately following the public announcement of Ontrak entering into the Sixth Amendment was $0.3442. Accordingly, pursuant to the terms of the Warrant Waiver, the exercise price of the Private Placement Warrant was reduced to $0.3442 per share (and the number of shares of Ontrak's common stock issuable upon exercise thereof was increased to 90,548,129 shares)."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F5","text":"Such adjustments are reported in Table II above as the cancellation of the prior warrant in exchange for the issuance of a new warrant reflecting the modified exercise price and number of warrant shares issuable upon exercise thereof."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F3","text":"Under the terms of the Warrant Waiver, if $0.36 is greater than the lowest VWAP of Ontrak's common stock on any trading day during the five trading day period immediately following public announcement of Ontrak entering into the Sixth Amendment, the exercise price of the Private Placement Warrant would be reduced to such lowest VWAP on any trading day during such five trading day period."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F4","text":"According to the Form 8-K filed by Ontrak on April 8, 2024, the lowest VWAP on any trading day during the five-trading day period immediately following the public announcement of Ontrak entering into the Sixth Amendment was $0.3442. Accordingly, pursuant to the terms of the Warrant Waiver, the exercise price of the Private Placement Warrant was reduced to $0.3442 per share (and the number of shares of Ontrak's common stock issuable upon exercise thereof was increased to 90,548,129 shares)."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F5","text":"Such adjustments are reported in Table II above as the cancellation of the prior warrant in exchange for the issuance of a new warrant reflecting the modified exercise price and number of warrant shares issuable upon exercise thereof."}],"balance_after":90548129,"derivative":{"exercise_price":0.3442,"exercise_date":"2024-04-08","expiration_date":"2028-12-20","underlying":"Common Stock","underlying_shares":90548129},"source":{"system":"sec-edgar","filing":"0001104659-24-045895","document":"tm2411494-1_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465924045895/tm2411494-1_4seq1.xml","form_type":"4"}},{"id":1544049,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock Purchase Warrant","published_at":"2024-04-10T17:20:23.000Z","date":"2024-03-28","kind":"other","planned":false,"acquired":false,"shares":86574073,"ownership":{"direct":false,"nature":"By Humanitario"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F3","text":"Under the terms of the Warrant Waiver, if $0.36 is greater than the lowest VWAP of Ontrak's common stock on any trading day during the five trading day period immediately following public announcement of Ontrak entering into the Sixth Amendment, the exercise price of the Private Placement Warrant would be reduced to such lowest VWAP on any trading day during such five trading day period."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F4","text":"According to the Form 8-K filed by Ontrak on April 8, 2024, the lowest VWAP on any trading day during the five-trading day period immediately following the public announcement of Ontrak entering into the Sixth Amendment was $0.3442. Accordingly, pursuant to the terms of the Warrant Waiver, the exercise price of the Private Placement Warrant was reduced to $0.3442 per share (and the number of shares of Ontrak's common stock issuable upon exercise thereof was increased to 90,548,129 shares)."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F5","text":"Such adjustments are reported in Table II above as the cancellation of the prior warrant in exchange for the issuance of a new warrant reflecting the modified exercise price and number of warrant shares issuable upon exercise thereof."},{"field":"date","element":"transactionDate","label":"F3","text":"Under the terms of the Warrant Waiver, if $0.36 is greater than the lowest VWAP of Ontrak's common stock on any trading day during the five trading day period immediately following public announcement of Ontrak entering into the Sixth Amendment, the exercise price of the Private Placement Warrant would be reduced to such lowest VWAP on any trading day during such five trading day period."},{"field":"date","element":"transactionDate","label":"F4","text":"According to the Form 8-K filed by Ontrak on April 8, 2024, the lowest VWAP on any trading day during the five-trading day period immediately following the public announcement of Ontrak entering into the Sixth Amendment was $0.3442. Accordingly, pursuant to the terms of the Warrant Waiver, the exercise price of the Private Placement Warrant was reduced to $0.3442 per share (and the number of shares of Ontrak's common stock issuable upon exercise thereof was increased to 90,548,129 shares)."},{"field":"date","element":"transactionDate","label":"F5","text":"Such adjustments are reported in Table II above as the cancellation of the prior warrant in exchange for the issuance of a new warrant reflecting the modified exercise price and number of warrant shares issuable upon exercise thereof."},{"field":"shares","element":"transactionShares","label":"F3","text":"Under the terms of the Warrant Waiver, if $0.36 is greater than the lowest VWAP of Ontrak's common stock on any trading day during the five trading day period immediately following public announcement of Ontrak entering into the Sixth Amendment, the exercise price of the Private Placement Warrant would be reduced to such lowest VWAP on any trading day during such five trading day period."},{"field":"shares","element":"transactionShares","label":"F4","text":"According to the Form 8-K filed by Ontrak on April 8, 2024, the lowest VWAP on any trading day during the five-trading day period immediately following the public announcement of Ontrak entering into the Sixth Amendment was $0.3442. Accordingly, pursuant to the terms of the Warrant Waiver, the exercise price of the Private Placement Warrant was reduced to $0.3442 per share (and the number of shares of Ontrak's common stock issuable upon exercise thereof was increased to 90,548,129 shares)."},{"field":"shares","element":"transactionShares","label":"F5","text":"Such adjustments are reported in Table II above as the cancellation of the prior warrant in exchange for the issuance of a new warrant reflecting the modified exercise price and number of warrant shares issuable upon exercise thereof."},{"field":"price","element":"transactionPricePerShare","label":"F3","text":"Under the terms of the Warrant Waiver, if $0.36 is greater than the lowest VWAP of Ontrak's common stock on any trading day during the five trading day period immediately following public announcement of Ontrak entering into the Sixth Amendment, the exercise price of the Private Placement Warrant would be reduced to such lowest VWAP on any trading day during such five trading day period."},{"field":"price","element":"transactionPricePerShare","label":"F4","text":"According to the Form 8-K filed by Ontrak on April 8, 2024, the lowest VWAP on any trading day during the five-trading day period immediately following the public announcement of Ontrak entering into the Sixth Amendment was $0.3442. Accordingly, pursuant to the terms of the Warrant Waiver, the exercise price of the Private Placement Warrant was reduced to $0.3442 per share (and the number of shares of Ontrak's common stock issuable upon exercise thereof was increased to 90,548,129 shares)."},{"field":"price","element":"transactionPricePerShare","label":"F5","text":"Such adjustments are reported in Table II above as the cancellation of the prior warrant in exchange for the issuance of a new warrant reflecting the modified exercise price and number of warrant shares issuable upon exercise thereof."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F3","text":"Under the terms of the Warrant Waiver, if $0.36 is greater than the lowest VWAP of Ontrak's common stock on any trading day during the five trading day period immediately following public announcement of Ontrak entering into the Sixth Amendment, the exercise price of the Private Placement Warrant would be reduced to such lowest VWAP on any trading day during such five trading day period."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F4","text":"According to the Form 8-K filed by Ontrak on April 8, 2024, the lowest VWAP on any trading day during the five-trading day period immediately following the public announcement of Ontrak entering into the Sixth Amendment was $0.3442. Accordingly, pursuant to the terms of the Warrant Waiver, the exercise price of the Private Placement Warrant was reduced to $0.3442 per share (and the number of shares of Ontrak's common stock issuable upon exercise thereof was increased to 90,548,129 shares)."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F5","text":"Such adjustments are reported in Table II above as the cancellation of the prior warrant in exchange for the issuance of a new warrant reflecting the modified exercise price and number of warrant shares issuable upon exercise thereof."}],"balance_after":0,"derivative":{"exercise_price":0.36,"exercise_date":"2024-03-28","expiration_date":"2028-12-20","underlying":"Common Stock","underlying_shares":86574073},"source":{"system":"sec-edgar","filing":"0001104659-24-045895","document":"tm2411494-1_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465924045895/tm2411494-1_4seq1.xml","form_type":"4"}},{"id":1544048,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock Purchase Warrant","published_at":"2024-04-10T17:20:23.000Z","date":"2024-03-28","kind":"other","planned":false,"acquired":true,"shares":86574073,"ownership":{"direct":false,"nature":"By Humanitario"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"On March 28, 2024, in connection with the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024, by and among Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), Ontrak and the other parties thereto (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), Ontrak and Humanitario Capital LLC, an entity wholly owned by Mr. Peizer (\"Humanitario\"), entered into a waiver and agreement (the \"Warrant Waiver\"). Under the terms of the Warrant Waiver, the exercise price of the Private Placement Warrant (as previously defined in this Form 4) then in effect would be reduced to $0.36 at the time the Company entered into the Sixth Amendment."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F5","text":"Such adjustments are reported in Table II above as the cancellation of the prior warrant in exchange for the issuance of a new warrant reflecting the modified exercise price and number of warrant shares issuable upon exercise thereof."},{"field":"date","element":"transactionDate","label":"F2","text":"On March 28, 2024, in connection with the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024, by and among Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), Ontrak and the other parties thereto (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), Ontrak and Humanitario Capital LLC, an entity wholly owned by Mr. Peizer (\"Humanitario\"), entered into a waiver and agreement (the \"Warrant Waiver\"). Under the terms of the Warrant Waiver, the exercise price of the Private Placement Warrant (as previously defined in this Form 4) then in effect would be reduced to $0.36 at the time the Company entered into the Sixth Amendment."},{"field":"date","element":"transactionDate","label":"F5","text":"Such adjustments are reported in Table II above as the cancellation of the prior warrant in exchange for the issuance of a new warrant reflecting the modified exercise price and number of warrant shares issuable upon exercise thereof."},{"field":"shares","element":"transactionShares","label":"F2","text":"On March 28, 2024, in connection with the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024, by and among Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), Ontrak and the other parties thereto (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), Ontrak and Humanitario Capital LLC, an entity wholly owned by Mr. Peizer (\"Humanitario\"), entered into a waiver and agreement (the \"Warrant Waiver\"). Under the terms of the Warrant Waiver, the exercise price of the Private Placement Warrant (as previously defined in this Form 4) then in effect would be reduced to $0.36 at the time the Company entered into the Sixth Amendment."},{"field":"shares","element":"transactionShares","label":"F5","text":"Such adjustments are reported in Table II above as the cancellation of the prior warrant in exchange for the issuance of a new warrant reflecting the modified exercise price and number of warrant shares issuable upon exercise thereof."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"On March 28, 2024, in connection with the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024, by and among Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), Ontrak and the other parties thereto (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), Ontrak and Humanitario Capital LLC, an entity wholly owned by Mr. Peizer (\"Humanitario\"), entered into a waiver and agreement (the \"Warrant Waiver\"). Under the terms of the Warrant Waiver, the exercise price of the Private Placement Warrant (as previously defined in this Form 4) then in effect would be reduced to $0.36 at the time the Company entered into the Sixth Amendment."},{"field":"price","element":"transactionPricePerShare","label":"F5","text":"Such adjustments are reported in Table II above as the cancellation of the prior warrant in exchange for the issuance of a new warrant reflecting the modified exercise price and number of warrant shares issuable upon exercise thereof."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F2","text":"On March 28, 2024, in connection with the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024, by and among Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), Ontrak and the other parties thereto (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), Ontrak and Humanitario Capital LLC, an entity wholly owned by Mr. Peizer (\"Humanitario\"), entered into a waiver and agreement (the \"Warrant Waiver\"). Under the terms of the Warrant Waiver, the exercise price of the Private Placement Warrant (as previously defined in this Form 4) then in effect would be reduced to $0.36 at the time the Company entered into the Sixth Amendment."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F5","text":"Such adjustments are reported in Table II above as the cancellation of the prior warrant in exchange for the issuance of a new warrant reflecting the modified exercise price and number of warrant shares issuable upon exercise thereof."}],"balance_after":86574073,"derivative":{"exercise_price":0.36,"exercise_date":"2024-03-28","expiration_date":"2028-12-20","underlying":"Common Stock","underlying_shares":86574073},"source":{"system":"sec-edgar","filing":"0001104659-24-045895","document":"tm2411494-1_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465924045895/tm2411494-1_4seq1.xml","form_type":"4"}},{"id":1544047,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock Purchase Warrant","published_at":"2024-04-10T17:20:23.000Z","date":"2024-03-28","kind":"other","planned":false,"acquired":false,"shares":36666666,"ownership":{"direct":false,"nature":"By Humanitario"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"On March 28, 2024, in connection with the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024, by and among Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), Ontrak and the other parties thereto (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), Ontrak and Humanitario Capital LLC, an entity wholly owned by Mr. Peizer (\"Humanitario\"), entered into a waiver and agreement (the \"Warrant Waiver\"). Under the terms of the Warrant Waiver, the exercise price of the Private Placement Warrant (as previously defined in this Form 4) then in effect would be reduced to $0.36 at the time the Company entered into the Sixth Amendment."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F5","text":"Such adjustments are reported in Table II above as the cancellation of the prior warrant in exchange for the issuance of a new warrant reflecting the modified exercise price and number of warrant shares issuable upon exercise thereof."},{"field":"date","element":"transactionDate","label":"F2","text":"On March 28, 2024, in connection with the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024, by and among Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), Ontrak and the other parties thereto (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), Ontrak and Humanitario Capital LLC, an entity wholly owned by Mr. Peizer (\"Humanitario\"), entered into a waiver and agreement (the \"Warrant Waiver\"). Under the terms of the Warrant Waiver, the exercise price of the Private Placement Warrant (as previously defined in this Form 4) then in effect would be reduced to $0.36 at the time the Company entered into the Sixth Amendment."},{"field":"date","element":"transactionDate","label":"F5","text":"Such adjustments are reported in Table II above as the cancellation of the prior warrant in exchange for the issuance of a new warrant reflecting the modified exercise price and number of warrant shares issuable upon exercise thereof."},{"field":"shares","element":"transactionShares","label":"F2","text":"On March 28, 2024, in connection with the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024, by and among Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), Ontrak and the other parties thereto (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), Ontrak and Humanitario Capital LLC, an entity wholly owned by Mr. Peizer (\"Humanitario\"), entered into a waiver and agreement (the \"Warrant Waiver\"). Under the terms of the Warrant Waiver, the exercise price of the Private Placement Warrant (as previously defined in this Form 4) then in effect would be reduced to $0.36 at the time the Company entered into the Sixth Amendment."},{"field":"shares","element":"transactionShares","label":"F5","text":"Such adjustments are reported in Table II above as the cancellation of the prior warrant in exchange for the issuance of a new warrant reflecting the modified exercise price and number of warrant shares issuable upon exercise thereof."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"On March 28, 2024, in connection with the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024, by and among Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), Ontrak and the other parties thereto (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), Ontrak and Humanitario Capital LLC, an entity wholly owned by Mr. Peizer (\"Humanitario\"), entered into a waiver and agreement (the \"Warrant Waiver\"). Under the terms of the Warrant Waiver, the exercise price of the Private Placement Warrant (as previously defined in this Form 4) then in effect would be reduced to $0.36 at the time the Company entered into the Sixth Amendment."},{"field":"price","element":"transactionPricePerShare","label":"F5","text":"Such adjustments are reported in Table II above as the cancellation of the prior warrant in exchange for the issuance of a new warrant reflecting the modified exercise price and number of warrant shares issuable upon exercise thereof."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F2","text":"On March 28, 2024, in connection with the Sixth Amendment (the \"Sixth Amendment\") to the Master Note Purchase Agreement, dated March 28, 2024, by and among Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), Ontrak and the other parties thereto (as amended by the Sixth Amendment, the \"Keep Well Agreement\"), Ontrak and Humanitario Capital LLC, an entity wholly owned by Mr. Peizer (\"Humanitario\"), entered into a waiver and agreement (the \"Warrant Waiver\"). Under the terms of the Warrant Waiver, the exercise price of the Private Placement Warrant (as previously defined in this Form 4) then in effect would be reduced to $0.36 at the time the Company entered into the Sixth Amendment."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F5","text":"Such adjustments are reported in Table II above as the cancellation of the prior warrant in exchange for the issuance of a new warrant reflecting the modified exercise price and number of warrant shares issuable upon exercise thereof."}],"balance_after":0,"derivative":{"exercise_price":0.85,"exercise_date":"2023-12-20","expiration_date":"2028-12-20","underlying":"Common Stock","underlying_shares":36666666},"source":{"system":"sec-edgar","filing":"0001104659-24-045895","document":"tm2411494-1_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465924045895/tm2411494-1_4seq1.xml","form_type":"4"}},{"id":1701504,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Senior Secured Convertible Note","published_at":"2023-12-22T17:21:33.000Z","date":"2023-12-20","kind":"other","planned":false,"acquired":true,"reported_value":2000000,"ownership":{"direct":false,"nature":"By Acuitas Capital"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F3","text":"As previously disclosed, under the Keep Well Agreement, Acuitas Capital, at its option, has the right to convert the entire principal amount of the outstanding senior secured convertible notes (the \"Keep Well Notes\") previously issued to Acuitas Capital by Ontrak under the Keep Well Agreement, plus all accrued and unpaid interest thereon, in whole or in part, into shares of Ontrak's common stock (\"Shares\"). Prior to the effectiveness of the Stockholder Approval, the conversion price was equal to the lesser of (a) $2.40 per share (as may be adjusted) and (b) the greater of (i) the closing price of Ontrak's common stock on the trading day immediately prior to conversion and (ii) $0.90 per share (as may be adjusted)."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F8","text":"As previously disclosed, on November 14, 2023, in accordance with the Fifth Amendment, concurrently with the offering closing, Ontrak issued to Humanitario in a private placement an unregistered pre-funded warrant to purchase up to 18,333,333 Shares at an exercise price of $0.0001 per share (as may be adjusted) (the \"Pre-Funded Warrant\") and an unregistered warrant to purchase up to 36,666,666 Shares at an exercise price of $0.85 per share (as may be adjusted) (the \"Private Placement Warrant\"; collectively, the \"Private Placement Securities\"), for total consideration of $11.0 million, consisting of (a) the $6.0 million Acuitas Capital previously delivered to Ontrak in June 2023 and September 2023 in accordance with the Keep Well Agreement and (b) a reduction of the aggregate amounts then outstanding under the Keep Well Notes (after giving effect to the Notes Conversion) to $2.0 million (the Keep Well Note evidencing such $2.0 million, the \"Surviving Note\")."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F10","text":"As previously disclosed, under the terms of the Fifth Amendment, the Surviving Note will mature on May 14, 2026, unless earlier due and payable in full. Upon the effectiveness of the Stockholder Approval, pursuant to the terms of the Fifth Amendment, the conversion price of the Surviving Note automatically became the lesser of (i) $2.40 per share (as may be adjusted), and (ii) the greater of (a) the consolidated closing bid price of Ontrak's common stock on the trading day immediately prior to conversion and (b) $0.60 per share (as may be adjusted). Such modification is voluntarily reported in Table II above as the cancellation of the old note in exchange for the issuance of a new note reflecting the modified conversion price."},{"field":"date","element":"transactionDate","label":"F2","text":"As previously disclosed, pursuant to the Fifth Amendment (as defined below) to the Master Note Purchase Agreement, dated April 15, 2022, by and among Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), Ontrak and the other parties thereto, as last amended by the Fifth Amendment made on October 31, 2023 (the \"Fifth Amendment\"), and as modified on November 9, 2023 (as amended, the \"Keep Well Agreement\"), Ontrak was required to seek stockholder approval (the \"Stockholder Approval\") in accordance with Nasdaq rules with respect to the Conversion Shares Issuance, the Conversion Warrant Modifications and the Private Placement Securities (each, as defined below), among other things. The Stockholder Approval became effective on December 20, 2023."},{"field":"date","element":"transactionDate","label":"F8","text":"As previously disclosed, on November 14, 2023, in accordance with the Fifth Amendment, concurrently with the offering closing, Ontrak issued to Humanitario in a private placement an unregistered pre-funded warrant to purchase up to 18,333,333 Shares at an exercise price of $0.0001 per share (as may be adjusted) (the \"Pre-Funded Warrant\") and an unregistered warrant to purchase up to 36,666,666 Shares at an exercise price of $0.85 per share (as may be adjusted) (the \"Private Placement Warrant\"; collectively, the \"Private Placement Securities\"), for total consideration of $11.0 million, consisting of (a) the $6.0 million Acuitas Capital previously delivered to Ontrak in June 2023 and September 2023 in accordance with the Keep Well Agreement and (b) a reduction of the aggregate amounts then outstanding under the Keep Well Notes (after giving effect to the Notes Conversion) to $2.0 million (the Keep Well Note evidencing such $2.0 million, the \"Surviving Note\")."},{"field":"date","element":"transactionDate","label":"F10","text":"As previously disclosed, under the terms of the Fifth Amendment, the Surviving Note will mature on May 14, 2026, unless earlier due and payable in full. Upon the effectiveness of the Stockholder Approval, pursuant to the terms of the Fifth Amendment, the conversion price of the Surviving Note automatically became the lesser of (i) $2.40 per share (as may be adjusted), and (ii) the greater of (a) the consolidated closing bid price of Ontrak's common stock on the trading day immediately prior to conversion and (b) $0.60 per share (as may be adjusted). Such modification is voluntarily reported in Table II above as the cancellation of the old note in exchange for the issuance of a new note reflecting the modified conversion price."},{"field":"reported_value","element":"transactionTotalValue","label":"F8","text":"As previously disclosed, on November 14, 2023, in accordance with the Fifth Amendment, concurrently with the offering closing, Ontrak issued to Humanitario in a private placement an unregistered pre-funded warrant to purchase up to 18,333,333 Shares at an exercise price of $0.0001 per share (as may be adjusted) (the \"Pre-Funded Warrant\") and an unregistered warrant to purchase up to 36,666,666 Shares at an exercise price of $0.85 per share (as may be adjusted) (the \"Private Placement Warrant\"; collectively, the \"Private Placement Securities\"), for total consideration of $11.0 million, consisting of (a) the $6.0 million Acuitas Capital previously delivered to Ontrak in June 2023 and September 2023 in accordance with the Keep Well Agreement and (b) a reduction of the aggregate amounts then outstanding under the Keep Well Notes (after giving effect to the Notes Conversion) to $2.0 million (the Keep Well Note evidencing such $2.0 million, the \"Surviving Note\")."},{"field":"reported_value","element":"transactionTotalValue","label":"F10","text":"As previously disclosed, under the terms of the Fifth Amendment, the Surviving Note will mature on May 14, 2026, unless earlier due and payable in full. Upon the effectiveness of the Stockholder Approval, pursuant to the terms of the Fifth Amendment, the conversion price of the Surviving Note automatically became the lesser of (i) $2.40 per share (as may be adjusted), and (ii) the greater of (a) the consolidated closing bid price of Ontrak's common stock on the trading day immediately prior to conversion and (b) $0.60 per share (as may be adjusted). Such modification is voluntarily reported in Table II above as the cancellation of the old note in exchange for the issuance of a new note reflecting the modified conversion price."},{"field":"price","element":"transactionPricePerShare","label":"F8","text":"As previously disclosed, on November 14, 2023, in accordance with the Fifth Amendment, concurrently with the offering closing, Ontrak issued to Humanitario in a private placement an unregistered pre-funded warrant to purchase up to 18,333,333 Shares at an exercise price of $0.0001 per share (as may be adjusted) (the \"Pre-Funded Warrant\") and an unregistered warrant to purchase up to 36,666,666 Shares at an exercise price of $0.85 per share (as may be adjusted) (the \"Private Placement Warrant\"; collectively, the \"Private Placement Securities\"), for total consideration of $11.0 million, consisting of (a) the $6.0 million Acuitas Capital previously delivered to Ontrak in June 2023 and September 2023 in accordance with the Keep Well Agreement and (b) a reduction of the aggregate amounts then outstanding under the Keep Well Notes (after giving effect to the Notes Conversion) to $2.0 million (the Keep Well Note evidencing such $2.0 million, the \"Surviving Note\")."},{"field":"price","element":"transactionPricePerShare","label":"F10","text":"As previously disclosed, under the terms of the Fifth Amendment, the Surviving Note will mature on May 14, 2026, unless earlier due and payable in full. Upon the effectiveness of the Stockholder Approval, pursuant to the terms of the Fifth Amendment, the conversion price of the Surviving Note automatically became the lesser of (i) $2.40 per share (as may be adjusted), and (ii) the greater of (a) the consolidated closing bid price of Ontrak's common stock on the trading day immediately prior to conversion and (b) $0.60 per share (as may be adjusted). Such modification is voluntarily reported in Table II above as the cancellation of the old note in exchange for the issuance of a new note reflecting the modified conversion price."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"As previously disclosed, under the Keep Well Agreement, Acuitas Capital, at its option, has the right to convert the entire principal amount of the outstanding senior secured convertible notes (the \"Keep Well Notes\") previously issued to Acuitas Capital by Ontrak under the Keep Well Agreement, plus all accrued and unpaid interest thereon, in whole or in part, into shares of Ontrak's common stock (\"Shares\"). Prior to the effectiveness of the Stockholder Approval, the conversion price was equal to the lesser of (a) $2.40 per share (as may be adjusted) and (b) the greater of (i) the closing price of Ontrak's common stock on the trading day immediately prior to conversion and (ii) $0.90 per share (as may be adjusted)."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F5","text":"As previously disclosed, on November 14, 2023, Ontrak completed its public offering of Shares and warrants to purchase Shares at a combined public offering price of $0.60 per Share and accompanying warrants (the \"Offering Price\"). As previously disclosed, in accordance with the Fifth Amendment, prior to the closing of such offering, Ontrak issued 18,054,791 Shares to Humanitario Capital LLC, an entity wholly owned by Mr. Peizer (\"Humanitario\"), upon the conversion of the aggregate principal amount of all then outstanding Keep Well Notes, plus all accrued and unpaid interest thereon, minus $7.0 million (the \"Notes Conversion\"), and, in connection with the Notes Conversion, issued to Acuitas a Keep Well Warrant (the \"Conversion Warrant\") initially exercisable for up to 18,054,791 Shares at an exercise price of $0.90 per Share."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F8","text":"As previously disclosed, on November 14, 2023, in accordance with the Fifth Amendment, concurrently with the offering closing, Ontrak issued to Humanitario in a private placement an unregistered pre-funded warrant to purchase up to 18,333,333 Shares at an exercise price of $0.0001 per share (as may be adjusted) (the \"Pre-Funded Warrant\") and an unregistered warrant to purchase up to 36,666,666 Shares at an exercise price of $0.85 per share (as may be adjusted) (the \"Private Placement Warrant\"; collectively, the \"Private Placement Securities\"), for total consideration of $11.0 million, consisting of (a) the $6.0 million Acuitas Capital previously delivered to Ontrak in June 2023 and September 2023 in accordance with the Keep Well Agreement and (b) a reduction of the aggregate amounts then outstanding under the Keep Well Notes (after giving effect to the Notes Conversion) to $2.0 million (the Keep Well Note evidencing such $2.0 million, the \"Surviving Note\")."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F10","text":"As previously disclosed, under the terms of the Fifth Amendment, the Surviving Note will mature on May 14, 2026, unless earlier due and payable in full. Upon the effectiveness of the Stockholder Approval, pursuant to the terms of the Fifth Amendment, the conversion price of the Surviving Note automatically became the lesser of (i) $2.40 per share (as may be adjusted), and (ii) the greater of (a) the consolidated closing bid price of Ontrak's common stock on the trading day immediately prior to conversion and (b) $0.60 per share (as may be adjusted). Such modification is voluntarily reported in Table II above as the cancellation of the old note in exchange for the issuance of a new note reflecting the modified conversion price."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F10","text":"As previously disclosed, under the terms of the Fifth Amendment, the Surviving Note will mature on May 14, 2026, unless earlier due and payable in full. Upon the effectiveness of the Stockholder Approval, pursuant to the terms of the Fifth Amendment, the conversion price of the Surviving Note automatically became the lesser of (i) $2.40 per share (as may be adjusted), and (ii) the greater of (a) the consolidated closing bid price of Ontrak's common stock on the trading day immediately prior to conversion and (b) $0.60 per share (as may be adjusted). Such modification is voluntarily reported in Table II above as the cancellation of the old note in exchange for the issuance of a new note reflecting the modified conversion price."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F3","text":"As previously disclosed, under the Keep Well Agreement, Acuitas Capital, at its option, has the right to convert the entire principal amount of the outstanding senior secured convertible notes (the \"Keep Well Notes\") previously issued to Acuitas Capital by Ontrak under the Keep Well Agreement, plus all accrued and unpaid interest thereon, in whole or in part, into shares of Ontrak's common stock (\"Shares\"). Prior to the effectiveness of the Stockholder Approval, the conversion price was equal to the lesser of (a) $2.40 per share (as may be adjusted) and (b) the greater of (i) the closing price of Ontrak's common stock on the trading day immediately prior to conversion and (ii) $0.90 per share (as may be adjusted)."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F6","text":"Because the Offering Price was less than the conversion price at which the Keep Well Notes were initially converted in the Notes Conversion, on December 20, 2023, in connection with the Stockholder Approval, pursuant to the terms of the Fifth Amendment, Ontrak issued to Humanitario an additional 9,027,395 Shares, such that the total number of Shares issued in respect of the Notes Conversion (giving effect to such additional Shares) equals the number of Shares that would have been issued in respect thereof had the Keep Well Notes been converted therein at a conversion price equal to the Offering Price (the \"Conversion Shares Issuance\")."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F10","text":"As previously disclosed, under the terms of the Fifth Amendment, the Surviving Note will mature on May 14, 2026, unless earlier due and payable in full. Upon the effectiveness of the Stockholder Approval, pursuant to the terms of the Fifth Amendment, the conversion price of the Surviving Note automatically became the lesser of (i) $2.40 per share (as may be adjusted), and (ii) the greater of (a) the consolidated closing bid price of Ontrak's common stock on the trading day immediately prior to conversion and (b) $0.60 per share (as may be adjusted). Such modification is voluntarily reported in Table II above as the cancellation of the old note in exchange for the issuance of a new note reflecting the modified conversion price."}],"derivative":{"exercise_price":0.6,"exercise_date":"2023-12-20","expiration_date":"2026-05-14","underlying":"Common Stock"},"source":{"system":"sec-edgar","filing":"0001104659-23-128890","document":"tm2333440-1_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":8,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465923128890/tm2333440-1_4seq1.xml","form_type":"4"}},{"id":1701503,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Senior Secured Convertible Note","published_at":"2023-12-22T17:21:33.000Z","date":"2023-12-20","kind":"other","planned":false,"acquired":false,"reported_value":2000000,"ownership":{"direct":false,"nature":"By Acuitas Capital"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F3","text":"As previously disclosed, under the Keep Well Agreement, Acuitas Capital, at its option, has the right to convert the entire principal amount of the outstanding senior secured convertible notes (the \"Keep Well Notes\") previously issued to Acuitas Capital by Ontrak under the Keep Well Agreement, plus all accrued and unpaid interest thereon, in whole or in part, into shares of Ontrak's common stock (\"Shares\"). Prior to the effectiveness of the Stockholder Approval, the conversion price was equal to the lesser of (a) $2.40 per share (as may be adjusted) and (b) the greater of (i) the closing price of Ontrak's common stock on the trading day immediately prior to conversion and (ii) $0.90 per share (as may be adjusted)."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F8","text":"As previously disclosed, on November 14, 2023, in accordance with the Fifth Amendment, concurrently with the offering closing, Ontrak issued to Humanitario in a private placement an unregistered pre-funded warrant to purchase up to 18,333,333 Shares at an exercise price of $0.0001 per share (as may be adjusted) (the \"Pre-Funded Warrant\") and an unregistered warrant to purchase up to 36,666,666 Shares at an exercise price of $0.85 per share (as may be adjusted) (the \"Private Placement Warrant\"; collectively, the \"Private Placement Securities\"), for total consideration of $11.0 million, consisting of (a) the $6.0 million Acuitas Capital previously delivered to Ontrak in June 2023 and September 2023 in accordance with the Keep Well Agreement and (b) a reduction of the aggregate amounts then outstanding under the Keep Well Notes (after giving effect to the Notes Conversion) to $2.0 million (the Keep Well Note evidencing such $2.0 million, the \"Surviving Note\")."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F10","text":"As previously disclosed, under the terms of the Fifth Amendment, the Surviving Note will mature on May 14, 2026, unless earlier due and payable in full. Upon the effectiveness of the Stockholder Approval, pursuant to the terms of the Fifth Amendment, the conversion price of the Surviving Note automatically became the lesser of (i) $2.40 per share (as may be adjusted), and (ii) the greater of (a) the consolidated closing bid price of Ontrak's common stock on the trading day immediately prior to conversion and (b) $0.60 per share (as may be adjusted). Such modification is voluntarily reported in Table II above as the cancellation of the old note in exchange for the issuance of a new note reflecting the modified conversion price."},{"field":"date","element":"transactionDate","label":"F2","text":"As previously disclosed, pursuant to the Fifth Amendment (as defined below) to the Master Note Purchase Agreement, dated April 15, 2022, by and among Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), Ontrak and the other parties thereto, as last amended by the Fifth Amendment made on October 31, 2023 (the \"Fifth Amendment\"), and as modified on November 9, 2023 (as amended, the \"Keep Well Agreement\"), Ontrak was required to seek stockholder approval (the \"Stockholder Approval\") in accordance with Nasdaq rules with respect to the Conversion Shares Issuance, the Conversion Warrant Modifications and the Private Placement Securities (each, as defined below), among other things. The Stockholder Approval became effective on December 20, 2023."},{"field":"date","element":"transactionDate","label":"F8","text":"As previously disclosed, on November 14, 2023, in accordance with the Fifth Amendment, concurrently with the offering closing, Ontrak issued to Humanitario in a private placement an unregistered pre-funded warrant to purchase up to 18,333,333 Shares at an exercise price of $0.0001 per share (as may be adjusted) (the \"Pre-Funded Warrant\") and an unregistered warrant to purchase up to 36,666,666 Shares at an exercise price of $0.85 per share (as may be adjusted) (the \"Private Placement Warrant\"; collectively, the \"Private Placement Securities\"), for total consideration of $11.0 million, consisting of (a) the $6.0 million Acuitas Capital previously delivered to Ontrak in June 2023 and September 2023 in accordance with the Keep Well Agreement and (b) a reduction of the aggregate amounts then outstanding under the Keep Well Notes (after giving effect to the Notes Conversion) to $2.0 million (the Keep Well Note evidencing such $2.0 million, the \"Surviving Note\")."},{"field":"date","element":"transactionDate","label":"F10","text":"As previously disclosed, under the terms of the Fifth Amendment, the Surviving Note will mature on May 14, 2026, unless earlier due and payable in full. Upon the effectiveness of the Stockholder Approval, pursuant to the terms of the Fifth Amendment, the conversion price of the Surviving Note automatically became the lesser of (i) $2.40 per share (as may be adjusted), and (ii) the greater of (a) the consolidated closing bid price of Ontrak's common stock on the trading day immediately prior to conversion and (b) $0.60 per share (as may be adjusted). Such modification is voluntarily reported in Table II above as the cancellation of the old note in exchange for the issuance of a new note reflecting the modified conversion price."},{"field":"reported_value","element":"transactionTotalValue","label":"F8","text":"As previously disclosed, on November 14, 2023, in accordance with the Fifth Amendment, concurrently with the offering closing, Ontrak issued to Humanitario in a private placement an unregistered pre-funded warrant to purchase up to 18,333,333 Shares at an exercise price of $0.0001 per share (as may be adjusted) (the \"Pre-Funded Warrant\") and an unregistered warrant to purchase up to 36,666,666 Shares at an exercise price of $0.85 per share (as may be adjusted) (the \"Private Placement Warrant\"; collectively, the \"Private Placement Securities\"), for total consideration of $11.0 million, consisting of (a) the $6.0 million Acuitas Capital previously delivered to Ontrak in June 2023 and September 2023 in accordance with the Keep Well Agreement and (b) a reduction of the aggregate amounts then outstanding under the Keep Well Notes (after giving effect to the Notes Conversion) to $2.0 million (the Keep Well Note evidencing such $2.0 million, the \"Surviving Note\")."},{"field":"reported_value","element":"transactionTotalValue","label":"F10","text":"As previously disclosed, under the terms of the Fifth Amendment, the Surviving Note will mature on May 14, 2026, unless earlier due and payable in full. Upon the effectiveness of the Stockholder Approval, pursuant to the terms of the Fifth Amendment, the conversion price of the Surviving Note automatically became the lesser of (i) $2.40 per share (as may be adjusted), and (ii) the greater of (a) the consolidated closing bid price of Ontrak's common stock on the trading day immediately prior to conversion and (b) $0.60 per share (as may be adjusted). Such modification is voluntarily reported in Table II above as the cancellation of the old note in exchange for the issuance of a new note reflecting the modified conversion price."},{"field":"price","element":"transactionPricePerShare","label":"F8","text":"As previously disclosed, on November 14, 2023, in accordance with the Fifth Amendment, concurrently with the offering closing, Ontrak issued to Humanitario in a private placement an unregistered pre-funded warrant to purchase up to 18,333,333 Shares at an exercise price of $0.0001 per share (as may be adjusted) (the \"Pre-Funded Warrant\") and an unregistered warrant to purchase up to 36,666,666 Shares at an exercise price of $0.85 per share (as may be adjusted) (the \"Private Placement Warrant\"; collectively, the \"Private Placement Securities\"), for total consideration of $11.0 million, consisting of (a) the $6.0 million Acuitas Capital previously delivered to Ontrak in June 2023 and September 2023 in accordance with the Keep Well Agreement and (b) a reduction of the aggregate amounts then outstanding under the Keep Well Notes (after giving effect to the Notes Conversion) to $2.0 million (the Keep Well Note evidencing such $2.0 million, the \"Surviving Note\")."},{"field":"price","element":"transactionPricePerShare","label":"F10","text":"As previously disclosed, under the terms of the Fifth Amendment, the Surviving Note will mature on May 14, 2026, unless earlier due and payable in full. Upon the effectiveness of the Stockholder Approval, pursuant to the terms of the Fifth Amendment, the conversion price of the Surviving Note automatically became the lesser of (i) $2.40 per share (as may be adjusted), and (ii) the greater of (a) the consolidated closing bid price of Ontrak's common stock on the trading day immediately prior to conversion and (b) $0.60 per share (as may be adjusted). Such modification is voluntarily reported in Table II above as the cancellation of the old note in exchange for the issuance of a new note reflecting the modified conversion price."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"As previously disclosed, under the Keep Well Agreement, Acuitas Capital, at its option, has the right to convert the entire principal amount of the outstanding senior secured convertible notes (the \"Keep Well Notes\") previously issued to Acuitas Capital by Ontrak under the Keep Well Agreement, plus all accrued and unpaid interest thereon, in whole or in part, into shares of Ontrak's common stock (\"Shares\"). Prior to the effectiveness of the Stockholder Approval, the conversion price was equal to the lesser of (a) $2.40 per share (as may be adjusted) and (b) the greater of (i) the closing price of Ontrak's common stock on the trading day immediately prior to conversion and (ii) $0.90 per share (as may be adjusted)."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F5","text":"As previously disclosed, on November 14, 2023, Ontrak completed its public offering of Shares and warrants to purchase Shares at a combined public offering price of $0.60 per Share and accompanying warrants (the \"Offering Price\"). As previously disclosed, in accordance with the Fifth Amendment, prior to the closing of such offering, Ontrak issued 18,054,791 Shares to Humanitario Capital LLC, an entity wholly owned by Mr. Peizer (\"Humanitario\"), upon the conversion of the aggregate principal amount of all then outstanding Keep Well Notes, plus all accrued and unpaid interest thereon, minus $7.0 million (the \"Notes Conversion\"), and, in connection with the Notes Conversion, issued to Acuitas a Keep Well Warrant (the \"Conversion Warrant\") initially exercisable for up to 18,054,791 Shares at an exercise price of $0.90 per Share."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F8","text":"As previously disclosed, on November 14, 2023, in accordance with the Fifth Amendment, concurrently with the offering closing, Ontrak issued to Humanitario in a private placement an unregistered pre-funded warrant to purchase up to 18,333,333 Shares at an exercise price of $0.0001 per share (as may be adjusted) (the \"Pre-Funded Warrant\") and an unregistered warrant to purchase up to 36,666,666 Shares at an exercise price of $0.85 per share (as may be adjusted) (the \"Private Placement Warrant\"; collectively, the \"Private Placement Securities\"), for total consideration of $11.0 million, consisting of (a) the $6.0 million Acuitas Capital previously delivered to Ontrak in June 2023 and September 2023 in accordance with the Keep Well Agreement and (b) a reduction of the aggregate amounts then outstanding under the Keep Well Notes (after giving effect to the Notes Conversion) to $2.0 million (the Keep Well Note evidencing such $2.0 million, the \"Surviving Note\")."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F10","text":"As previously disclosed, under the terms of the Fifth Amendment, the Surviving Note will mature on May 14, 2026, unless earlier due and payable in full. Upon the effectiveness of the Stockholder Approval, pursuant to the terms of the Fifth Amendment, the conversion price of the Surviving Note automatically became the lesser of (i) $2.40 per share (as may be adjusted), and (ii) the greater of (a) the consolidated closing bid price of Ontrak's common stock on the trading day immediately prior to conversion and (b) $0.60 per share (as may be adjusted). Such modification is voluntarily reported in Table II above as the cancellation of the old note in exchange for the issuance of a new note reflecting the modified conversion price."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F10","text":"As previously disclosed, under the terms of the Fifth Amendment, the Surviving Note will mature on May 14, 2026, unless earlier due and payable in full. Upon the effectiveness of the Stockholder Approval, pursuant to the terms of the Fifth Amendment, the conversion price of the Surviving Note automatically became the lesser of (i) $2.40 per share (as may be adjusted), and (ii) the greater of (a) the consolidated closing bid price of Ontrak's common stock on the trading day immediately prior to conversion and (b) $0.60 per share (as may be adjusted). Such modification is voluntarily reported in Table II above as the cancellation of the old note in exchange for the issuance of a new note reflecting the modified conversion price."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F3","text":"As previously disclosed, under the Keep Well Agreement, Acuitas Capital, at its option, has the right to convert the entire principal amount of the outstanding senior secured convertible notes (the \"Keep Well Notes\") previously issued to Acuitas Capital by Ontrak under the Keep Well Agreement, plus all accrued and unpaid interest thereon, in whole or in part, into shares of Ontrak's common stock (\"Shares\"). Prior to the effectiveness of the Stockholder Approval, the conversion price was equal to the lesser of (a) $2.40 per share (as may be adjusted) and (b) the greater of (i) the closing price of Ontrak's common stock on the trading day immediately prior to conversion and (ii) $0.90 per share (as may be adjusted)."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F6","text":"Because the Offering Price was less than the conversion price at which the Keep Well Notes were initially converted in the Notes Conversion, on December 20, 2023, in connection with the Stockholder Approval, pursuant to the terms of the Fifth Amendment, Ontrak issued to Humanitario an additional 9,027,395 Shares, such that the total number of Shares issued in respect of the Notes Conversion (giving effect to such additional Shares) equals the number of Shares that would have been issued in respect thereof had the Keep Well Notes been converted therein at a conversion price equal to the Offering Price (the \"Conversion Shares Issuance\")."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F10","text":"As previously disclosed, under the terms of the Fifth Amendment, the Surviving Note will mature on May 14, 2026, unless earlier due and payable in full. Upon the effectiveness of the Stockholder Approval, pursuant to the terms of the Fifth Amendment, the conversion price of the Surviving Note automatically became the lesser of (i) $2.40 per share (as may be adjusted), and (ii) the greater of (a) the consolidated closing bid price of Ontrak's common stock on the trading day immediately prior to conversion and (b) $0.60 per share (as may be adjusted). Such modification is voluntarily reported in Table II above as the cancellation of the old note in exchange for the issuance of a new note reflecting the modified conversion price."}],"balance_after":0,"derivative":{"exercise_price":0.9,"exercise_date":"2023-03-06","expiration_date":"2026-05-14","underlying":"Common Stock"},"source":{"system":"sec-edgar","filing":"0001104659-23-128890","document":"tm2333440-1_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":7,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465923128890/tm2333440-1_4seq1.xml","form_type":"4"}},{"id":1701502,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock Purchase Warrant","published_at":"2023-12-22T17:21:33.000Z","date":"2023-12-20","kind":"purchase","planned":false,"acquired":true,"shares":36666666,"ownership":{"direct":false,"nature":"By Humanitario"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F8","text":"As previously disclosed, on November 14, 2023, in accordance with the Fifth Amendment, concurrently with the offering closing, Ontrak issued to Humanitario in a private placement an unregistered pre-funded warrant to purchase up to 18,333,333 Shares at an exercise price of $0.0001 per share (as may be adjusted) (the \"Pre-Funded Warrant\") and an unregistered warrant to purchase up to 36,666,666 Shares at an exercise price of $0.85 per share (as may be adjusted) (the \"Private Placement Warrant\"; collectively, the \"Private Placement Securities\"), for total consideration of $11.0 million, consisting of (a) the $6.0 million Acuitas Capital previously delivered to Ontrak in June 2023 and September 2023 in accordance with the Keep Well Agreement and (b) a reduction of the aggregate amounts then outstanding under the Keep Well Notes (after giving effect to the Notes Conversion) to $2.0 million (the Keep Well Note evidencing such $2.0 million, the \"Surviving Note\")."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F9","text":"Upon the effectiveness of the Stockholder Approval, pursuant to their respective terms, the Private Placement Securities automatically became exercisable. As previously disclosed, the Pre-Funded Warrant may be exercised at any time until exercised in full and the Private Placement Warrant may be exercised through the fifth anniversary date of the effectiveness of the Stockholder Approval. The Private Placement Securities may be exercised on a cashless basis. The purchases of the Private Placement Securities on November 14, 2023 were previously reported on the Form 4 jointly filed by the reporting persons on November 15, 2023, and are reported in Table II above to reflect the exercisability of the Private Placement Securities upon the effectiveness of the Stockholder Approval."},{"field":"date","element":"transactionDate","label":"F2","text":"As previously disclosed, pursuant to the Fifth Amendment (as defined below) to the Master Note Purchase Agreement, dated April 15, 2022, by and among Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), Ontrak and the other parties thereto, as last amended by the Fifth Amendment made on October 31, 2023 (the \"Fifth Amendment\"), and as modified on November 9, 2023 (as amended, the \"Keep Well Agreement\"), Ontrak was required to seek stockholder approval (the \"Stockholder Approval\") in accordance with Nasdaq rules with respect to the Conversion Shares Issuance, the Conversion Warrant Modifications and the Private Placement Securities (each, as defined below), among other things. The Stockholder Approval became effective on December 20, 2023."},{"field":"date","element":"transactionDate","label":"F8","text":"As previously disclosed, on November 14, 2023, in accordance with the Fifth Amendment, concurrently with the offering closing, Ontrak issued to Humanitario in a private placement an unregistered pre-funded warrant to purchase up to 18,333,333 Shares at an exercise price of $0.0001 per share (as may be adjusted) (the \"Pre-Funded Warrant\") and an unregistered warrant to purchase up to 36,666,666 Shares at an exercise price of $0.85 per share (as may be adjusted) (the \"Private Placement Warrant\"; collectively, the \"Private Placement Securities\"), for total consideration of $11.0 million, consisting of (a) the $6.0 million Acuitas Capital previously delivered to Ontrak in June 2023 and September 2023 in accordance with the Keep Well Agreement and (b) a reduction of the aggregate amounts then outstanding under the Keep Well Notes (after giving effect to the Notes Conversion) to $2.0 million (the Keep Well Note evidencing such $2.0 million, the \"Surviving Note\")."},{"field":"date","element":"transactionDate","label":"F9","text":"Upon the effectiveness of the Stockholder Approval, pursuant to their respective terms, the Private Placement Securities automatically became exercisable. As previously disclosed, the Pre-Funded Warrant may be exercised at any time until exercised in full and the Private Placement Warrant may be exercised through the fifth anniversary date of the effectiveness of the Stockholder Approval. The Private Placement Securities may be exercised on a cashless basis. The purchases of the Private Placement Securities on November 14, 2023 were previously reported on the Form 4 jointly filed by the reporting persons on November 15, 2023, and are reported in Table II above to reflect the exercisability of the Private Placement Securities upon the effectiveness of the Stockholder Approval."},{"field":"shares","element":"transactionShares","label":"F8","text":"As previously disclosed, on November 14, 2023, in accordance with the Fifth Amendment, concurrently with the offering closing, Ontrak issued to Humanitario in a private placement an unregistered pre-funded warrant to purchase up to 18,333,333 Shares at an exercise price of $0.0001 per share (as may be adjusted) (the \"Pre-Funded Warrant\") and an unregistered warrant to purchase up to 36,666,666 Shares at an exercise price of $0.85 per share (as may be adjusted) (the \"Private Placement Warrant\"; collectively, the \"Private Placement Securities\"), for total consideration of $11.0 million, consisting of (a) the $6.0 million Acuitas Capital previously delivered to Ontrak in June 2023 and September 2023 in accordance with the Keep Well Agreement and (b) a reduction of the aggregate amounts then outstanding under the Keep Well Notes (after giving effect to the Notes Conversion) to $2.0 million (the Keep Well Note evidencing such $2.0 million, the \"Surviving Note\")."},{"field":"shares","element":"transactionShares","label":"F9","text":"Upon the effectiveness of the Stockholder Approval, pursuant to their respective terms, the Private Placement Securities automatically became exercisable. As previously disclosed, the Pre-Funded Warrant may be exercised at any time until exercised in full and the Private Placement Warrant may be exercised through the fifth anniversary date of the effectiveness of the Stockholder Approval. The Private Placement Securities may be exercised on a cashless basis. The purchases of the Private Placement Securities on November 14, 2023 were previously reported on the Form 4 jointly filed by the reporting persons on November 15, 2023, and are reported in Table II above to reflect the exercisability of the Private Placement Securities upon the effectiveness of the Stockholder Approval."},{"field":"price","element":"transactionPricePerShare","label":"F8","text":"As previously disclosed, on November 14, 2023, in accordance with the Fifth Amendment, concurrently with the offering closing, Ontrak issued to Humanitario in a private placement an unregistered pre-funded warrant to purchase up to 18,333,333 Shares at an exercise price of $0.0001 per share (as may be adjusted) (the \"Pre-Funded Warrant\") and an unregistered warrant to purchase up to 36,666,666 Shares at an exercise price of $0.85 per share (as may be adjusted) (the \"Private Placement Warrant\"; collectively, the \"Private Placement Securities\"), for total consideration of $11.0 million, consisting of (a) the $6.0 million Acuitas Capital previously delivered to Ontrak in June 2023 and September 2023 in accordance with the Keep Well Agreement and (b) a reduction of the aggregate amounts then outstanding under the Keep Well Notes (after giving effect to the Notes Conversion) to $2.0 million (the Keep Well Note evidencing such $2.0 million, the \"Surviving Note\")."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F8","text":"As previously disclosed, on November 14, 2023, in accordance with the Fifth Amendment, concurrently with the offering closing, Ontrak issued to Humanitario in a private placement an unregistered pre-funded warrant to purchase up to 18,333,333 Shares at an exercise price of $0.0001 per share (as may be adjusted) (the \"Pre-Funded Warrant\") and an unregistered warrant to purchase up to 36,666,666 Shares at an exercise price of $0.85 per share (as may be adjusted) (the \"Private Placement Warrant\"; collectively, the \"Private Placement Securities\"), for total consideration of $11.0 million, consisting of (a) the $6.0 million Acuitas Capital previously delivered to Ontrak in June 2023 and September 2023 in accordance with the Keep Well Agreement and (b) a reduction of the aggregate amounts then outstanding under the Keep Well Notes (after giving effect to the Notes Conversion) to $2.0 million (the Keep Well Note evidencing such $2.0 million, the \"Surviving Note\")."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F9","text":"Upon the effectiveness of the Stockholder Approval, pursuant to their respective terms, the Private Placement Securities automatically became exercisable. As previously disclosed, the Pre-Funded Warrant may be exercised at any time until exercised in full and the Private Placement Warrant may be exercised through the fifth anniversary date of the effectiveness of the Stockholder Approval. The Private Placement Securities may be exercised on a cashless basis. The purchases of the Private Placement Securities on November 14, 2023 were previously reported on the Form 4 jointly filed by the reporting persons on November 15, 2023, and are reported in Table II above to reflect the exercisability of the Private Placement Securities upon the effectiveness of the Stockholder Approval."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F9","text":"Upon the effectiveness of the Stockholder Approval, pursuant to their respective terms, the Private Placement Securities automatically became exercisable. As previously disclosed, the Pre-Funded Warrant may be exercised at any time until exercised in full and the Private Placement Warrant may be exercised through the fifth anniversary date of the effectiveness of the Stockholder Approval. The Private Placement Securities may be exercised on a cashless basis. The purchases of the Private Placement Securities on November 14, 2023 were previously reported on the Form 4 jointly filed by the reporting persons on November 15, 2023, and are reported in Table II above to reflect the exercisability of the Private Placement Securities upon the effectiveness of the Stockholder Approval."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F8","text":"As previously disclosed, on November 14, 2023, in accordance with the Fifth Amendment, concurrently with the offering closing, Ontrak issued to Humanitario in a private placement an unregistered pre-funded warrant to purchase up to 18,333,333 Shares at an exercise price of $0.0001 per share (as may be adjusted) (the \"Pre-Funded Warrant\") and an unregistered warrant to purchase up to 36,666,666 Shares at an exercise price of $0.85 per share (as may be adjusted) (the \"Private Placement Warrant\"; collectively, the \"Private Placement Securities\"), for total consideration of $11.0 million, consisting of (a) the $6.0 million Acuitas Capital previously delivered to Ontrak in June 2023 and September 2023 in accordance with the Keep Well Agreement and (b) a reduction of the aggregate amounts then outstanding under the Keep Well Notes (after giving effect to the Notes Conversion) to $2.0 million (the Keep Well Note evidencing such $2.0 million, the \"Surviving Note\")."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F8","text":"As previously disclosed, on November 14, 2023, in accordance with the Fifth Amendment, concurrently with the offering closing, Ontrak issued to Humanitario in a private placement an unregistered pre-funded warrant to purchase up to 18,333,333 Shares at an exercise price of $0.0001 per share (as may be adjusted) (the \"Pre-Funded Warrant\") and an unregistered warrant to purchase up to 36,666,666 Shares at an exercise price of $0.85 per share (as may be adjusted) (the \"Private Placement Warrant\"; collectively, the \"Private Placement Securities\"), for total consideration of $11.0 million, consisting of (a) the $6.0 million Acuitas Capital previously delivered to Ontrak in June 2023 and September 2023 in accordance with the Keep Well Agreement and (b) a reduction of the aggregate amounts then outstanding under the Keep Well Notes (after giving effect to the Notes Conversion) to $2.0 million (the Keep Well Note evidencing such $2.0 million, the \"Surviving Note\")."}],"balance_after":36666666,"derivative":{"exercise_price":0.85,"exercise_date":"2023-12-20","expiration_date":"2028-12-20","underlying":"Common Stock","underlying_shares":36666666},"source":{"system":"sec-edgar","filing":"0001104659-23-128890","document":"tm2333440-1_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":6,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465923128890/tm2333440-1_4seq1.xml","form_type":"4"}},{"id":1701501,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Pre-Funded Common Stock Purchase Warrant","published_at":"2023-12-22T17:21:33.000Z","date":"2023-12-20","kind":"purchase","planned":false,"acquired":true,"shares":18333333,"ownership":{"direct":false,"nature":"By Humanitario"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F8","text":"As previously disclosed, on November 14, 2023, in accordance with the Fifth Amendment, concurrently with the offering closing, Ontrak issued to Humanitario in a private placement an unregistered pre-funded warrant to purchase up to 18,333,333 Shares at an exercise price of $0.0001 per share (as may be adjusted) (the \"Pre-Funded Warrant\") and an unregistered warrant to purchase up to 36,666,666 Shares at an exercise price of $0.85 per share (as may be adjusted) (the \"Private Placement Warrant\"; collectively, the \"Private Placement Securities\"), for total consideration of $11.0 million, consisting of (a) the $6.0 million Acuitas Capital previously delivered to Ontrak in June 2023 and September 2023 in accordance with the Keep Well Agreement and (b) a reduction of the aggregate amounts then outstanding under the Keep Well Notes (after giving effect to the Notes Conversion) to $2.0 million (the Keep Well Note evidencing such $2.0 million, the \"Surviving Note\")."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F9","text":"Upon the effectiveness of the Stockholder Approval, pursuant to their respective terms, the Private Placement Securities automatically became exercisable. As previously disclosed, the Pre-Funded Warrant may be exercised at any time until exercised in full and the Private Placement Warrant may be exercised through the fifth anniversary date of the effectiveness of the Stockholder Approval. The Private Placement Securities may be exercised on a cashless basis. The purchases of the Private Placement Securities on November 14, 2023 were previously reported on the Form 4 jointly filed by the reporting persons on November 15, 2023, and are reported in Table II above to reflect the exercisability of the Private Placement Securities upon the effectiveness of the Stockholder Approval."},{"field":"date","element":"transactionDate","label":"F2","text":"As previously disclosed, pursuant to the Fifth Amendment (as defined below) to the Master Note Purchase Agreement, dated April 15, 2022, by and among Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), Ontrak and the other parties thereto, as last amended by the Fifth Amendment made on October 31, 2023 (the \"Fifth Amendment\"), and as modified on November 9, 2023 (as amended, the \"Keep Well Agreement\"), Ontrak was required to seek stockholder approval (the \"Stockholder Approval\") in accordance with Nasdaq rules with respect to the Conversion Shares Issuance, the Conversion Warrant Modifications and the Private Placement Securities (each, as defined below), among other things. The Stockholder Approval became effective on December 20, 2023."},{"field":"date","element":"transactionDate","label":"F8","text":"As previously disclosed, on November 14, 2023, in accordance with the Fifth Amendment, concurrently with the offering closing, Ontrak issued to Humanitario in a private placement an unregistered pre-funded warrant to purchase up to 18,333,333 Shares at an exercise price of $0.0001 per share (as may be adjusted) (the \"Pre-Funded Warrant\") and an unregistered warrant to purchase up to 36,666,666 Shares at an exercise price of $0.85 per share (as may be adjusted) (the \"Private Placement Warrant\"; collectively, the \"Private Placement Securities\"), for total consideration of $11.0 million, consisting of (a) the $6.0 million Acuitas Capital previously delivered to Ontrak in June 2023 and September 2023 in accordance with the Keep Well Agreement and (b) a reduction of the aggregate amounts then outstanding under the Keep Well Notes (after giving effect to the Notes Conversion) to $2.0 million (the Keep Well Note evidencing such $2.0 million, the \"Surviving Note\")."},{"field":"date","element":"transactionDate","label":"F9","text":"Upon the effectiveness of the Stockholder Approval, pursuant to their respective terms, the Private Placement Securities automatically became exercisable. As previously disclosed, the Pre-Funded Warrant may be exercised at any time until exercised in full and the Private Placement Warrant may be exercised through the fifth anniversary date of the effectiveness of the Stockholder Approval. The Private Placement Securities may be exercised on a cashless basis. The purchases of the Private Placement Securities on November 14, 2023 were previously reported on the Form 4 jointly filed by the reporting persons on November 15, 2023, and are reported in Table II above to reflect the exercisability of the Private Placement Securities upon the effectiveness of the Stockholder Approval."},{"field":"shares","element":"transactionShares","label":"F8","text":"As previously disclosed, on November 14, 2023, in accordance with the Fifth Amendment, concurrently with the offering closing, Ontrak issued to Humanitario in a private placement an unregistered pre-funded warrant to purchase up to 18,333,333 Shares at an exercise price of $0.0001 per share (as may be adjusted) (the \"Pre-Funded Warrant\") and an unregistered warrant to purchase up to 36,666,666 Shares at an exercise price of $0.85 per share (as may be adjusted) (the \"Private Placement Warrant\"; collectively, the \"Private Placement Securities\"), for total consideration of $11.0 million, consisting of (a) the $6.0 million Acuitas Capital previously delivered to Ontrak in June 2023 and September 2023 in accordance with the Keep Well Agreement and (b) a reduction of the aggregate amounts then outstanding under the Keep Well Notes (after giving effect to the Notes Conversion) to $2.0 million (the Keep Well Note evidencing such $2.0 million, the \"Surviving Note\")."},{"field":"shares","element":"transactionShares","label":"F9","text":"Upon the effectiveness of the Stockholder Approval, pursuant to their respective terms, the Private Placement Securities automatically became exercisable. As previously disclosed, the Pre-Funded Warrant may be exercised at any time until exercised in full and the Private Placement Warrant may be exercised through the fifth anniversary date of the effectiveness of the Stockholder Approval. The Private Placement Securities may be exercised on a cashless basis. The purchases of the Private Placement Securities on November 14, 2023 were previously reported on the Form 4 jointly filed by the reporting persons on November 15, 2023, and are reported in Table II above to reflect the exercisability of the Private Placement Securities upon the effectiveness of the Stockholder Approval."},{"field":"price","element":"transactionPricePerShare","label":"F8","text":"As previously disclosed, on November 14, 2023, in accordance with the Fifth Amendment, concurrently with the offering closing, Ontrak issued to Humanitario in a private placement an unregistered pre-funded warrant to purchase up to 18,333,333 Shares at an exercise price of $0.0001 per share (as may be adjusted) (the \"Pre-Funded Warrant\") and an unregistered warrant to purchase up to 36,666,666 Shares at an exercise price of $0.85 per share (as may be adjusted) (the \"Private Placement Warrant\"; collectively, the \"Private Placement Securities\"), for total consideration of $11.0 million, consisting of (a) the $6.0 million Acuitas Capital previously delivered to Ontrak in June 2023 and September 2023 in accordance with the Keep Well Agreement and (b) a reduction of the aggregate amounts then outstanding under the Keep Well Notes (after giving effect to the Notes Conversion) to $2.0 million (the Keep Well Note evidencing such $2.0 million, the \"Surviving Note\")."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F8","text":"As previously disclosed, on November 14, 2023, in accordance with the Fifth Amendment, concurrently with the offering closing, Ontrak issued to Humanitario in a private placement an unregistered pre-funded warrant to purchase up to 18,333,333 Shares at an exercise price of $0.0001 per share (as may be adjusted) (the \"Pre-Funded Warrant\") and an unregistered warrant to purchase up to 36,666,666 Shares at an exercise price of $0.85 per share (as may be adjusted) (the \"Private Placement Warrant\"; collectively, the \"Private Placement Securities\"), for total consideration of $11.0 million, consisting of (a) the $6.0 million Acuitas Capital previously delivered to Ontrak in June 2023 and September 2023 in accordance with the Keep Well Agreement and (b) a reduction of the aggregate amounts then outstanding under the Keep Well Notes (after giving effect to the Notes Conversion) to $2.0 million (the Keep Well Note evidencing such $2.0 million, the \"Surviving Note\")."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F9","text":"Upon the effectiveness of the Stockholder Approval, pursuant to their respective terms, the Private Placement Securities automatically became exercisable. As previously disclosed, the Pre-Funded Warrant may be exercised at any time until exercised in full and the Private Placement Warrant may be exercised through the fifth anniversary date of the effectiveness of the Stockholder Approval. The Private Placement Securities may be exercised on a cashless basis. The purchases of the Private Placement Securities on November 14, 2023 were previously reported on the Form 4 jointly filed by the reporting persons on November 15, 2023, and are reported in Table II above to reflect the exercisability of the Private Placement Securities upon the effectiveness of the Stockholder Approval."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F9","text":"Upon the effectiveness of the Stockholder Approval, pursuant to their respective terms, the Private Placement Securities automatically became exercisable. As previously disclosed, the Pre-Funded Warrant may be exercised at any time until exercised in full and the Private Placement Warrant may be exercised through the fifth anniversary date of the effectiveness of the Stockholder Approval. The Private Placement Securities may be exercised on a cashless basis. The purchases of the Private Placement Securities on November 14, 2023 were previously reported on the Form 4 jointly filed by the reporting persons on November 15, 2023, and are reported in Table II above to reflect the exercisability of the Private Placement Securities upon the effectiveness of the Stockholder Approval."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F8","text":"As previously disclosed, on November 14, 2023, in accordance with the Fifth Amendment, concurrently with the offering closing, Ontrak issued to Humanitario in a private placement an unregistered pre-funded warrant to purchase up to 18,333,333 Shares at an exercise price of $0.0001 per share (as may be adjusted) (the \"Pre-Funded Warrant\") and an unregistered warrant to purchase up to 36,666,666 Shares at an exercise price of $0.85 per share (as may be adjusted) (the \"Private Placement Warrant\"; collectively, the \"Private Placement Securities\"), for total consideration of $11.0 million, consisting of (a) the $6.0 million Acuitas Capital previously delivered to Ontrak in June 2023 and September 2023 in accordance with the Keep Well Agreement and (b) a reduction of the aggregate amounts then outstanding under the Keep Well Notes (after giving effect to the Notes Conversion) to $2.0 million (the Keep Well Note evidencing such $2.0 million, the \"Surviving Note\")."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F8","text":"As previously disclosed, on November 14, 2023, in accordance with the Fifth Amendment, concurrently with the offering closing, Ontrak issued to Humanitario in a private placement an unregistered pre-funded warrant to purchase up to 18,333,333 Shares at an exercise price of $0.0001 per share (as may be adjusted) (the \"Pre-Funded Warrant\") and an unregistered warrant to purchase up to 36,666,666 Shares at an exercise price of $0.85 per share (as may be adjusted) (the \"Private Placement Warrant\"; collectively, the \"Private Placement Securities\"), for total consideration of $11.0 million, consisting of (a) the $6.0 million Acuitas Capital previously delivered to Ontrak in June 2023 and September 2023 in accordance with the Keep Well Agreement and (b) a reduction of the aggregate amounts then outstanding under the Keep Well Notes (after giving effect to the Notes Conversion) to $2.0 million (the Keep Well Note evidencing such $2.0 million, the \"Surviving Note\")."}],"balance_after":18333333,"derivative":{"exercise_price":0.0001,"exercise_date":"2023-12-20","underlying":"Common Stock","underlying_shares":18333333},"source":{"system":"sec-edgar","filing":"0001104659-23-128890","document":"tm2333440-1_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":5,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465923128890/tm2333440-1_4seq1.xml","form_type":"4"}},{"id":1701500,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock Purchase Warrant","published_at":"2023-12-22T17:21:33.000Z","date":"2023-12-20","kind":"other","planned":false,"acquired":true,"shares":27082186,"ownership":{"direct":false,"nature":"By Acuitas"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F4","text":"As previously disclosed, under the Keep Well Agreement, in connection with the conversion of any Keep Well Notes into Shares, Ontrak will issue to Acuitas Capital (or its designee) a five-year warrant (each a \"Keep Well Warrant\") to purchase up to a number of Shares equal to (x) the amount converted divided by (y) the conversion price of the Keep Well Note then in effect, which Keep Well Warrant will be exercisable for an exercise price equal to such conversion price (as may be adjusted)."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F5","text":"As previously disclosed, on November 14, 2023, Ontrak completed its public offering of Shares and warrants to purchase Shares at a combined public offering price of $0.60 per Share and accompanying warrants (the \"Offering Price\"). As previously disclosed, in accordance with the Fifth Amendment, prior to the closing of such offering, Ontrak issued 18,054,791 Shares to Humanitario Capital LLC, an entity wholly owned by Mr. Peizer (\"Humanitario\"), upon the conversion of the aggregate principal amount of all then outstanding Keep Well Notes, plus all accrued and unpaid interest thereon, minus $7.0 million (the \"Notes Conversion\"), and, in connection with the Notes Conversion, issued to Acuitas a Keep Well Warrant (the \"Conversion Warrant\") initially exercisable for up to 18,054,791 Shares at an exercise price of $0.90 per Share."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F6","text":"Because the Offering Price was less than the conversion price at which the Keep Well Notes were initially converted in the Notes Conversion, on December 20, 2023, in connection with the Stockholder Approval, pursuant to the terms of the Fifth Amendment, Ontrak issued to Humanitario an additional 9,027,395 Shares, such that the total number of Shares issued in respect of the Notes Conversion (giving effect to such additional Shares) equals the number of Shares that would have been issued in respect thereof had the Keep Well Notes been converted therein at a conversion price equal to the Offering Price (the \"Conversion Shares Issuance\")."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F7","text":"Because the Offering Price was less than the initial conversion price for the Notes Conversion (as described above), upon the effectiveness of the Stockholder Approval, pursuant to the terms of the Fifth Amendment, the exercise price of the Conversion Warrant was automatically reduced to $0.60 per Share, and the number of Shares subject to the Conversion Warrant was automatically increased by 9,027,395 Shares, such that the Conversion Warrant is now exercisable for 27,082,186 Shares (collectively, the \"Conversion Warrant Modifications\"). The Conversion Warrant Modifications are voluntarily reported in Table II above as the cancellation of the old Conversion Warrant in exchange for the issuance of a new Conversion Warrant reflecting the Conversion Warrant Modifications."},{"field":"date","element":"transactionDate","label":"F2","text":"As previously disclosed, pursuant to the Fifth Amendment (as defined below) to the Master Note Purchase Agreement, dated April 15, 2022, by and among Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), Ontrak and the other parties thereto, as last amended by the Fifth Amendment made on October 31, 2023 (the \"Fifth Amendment\"), and as modified on November 9, 2023 (as amended, the \"Keep Well Agreement\"), Ontrak was required to seek stockholder approval (the \"Stockholder Approval\") in accordance with Nasdaq rules with respect to the Conversion Shares Issuance, the Conversion Warrant Modifications and the Private Placement Securities (each, as defined below), among other things. The Stockholder Approval became effective on December 20, 2023."},{"field":"date","element":"transactionDate","label":"F5","text":"As previously disclosed, on November 14, 2023, Ontrak completed its public offering of Shares and warrants to purchase Shares at a combined public offering price of $0.60 per Share and accompanying warrants (the \"Offering Price\"). As previously disclosed, in accordance with the Fifth Amendment, prior to the closing of such offering, Ontrak issued 18,054,791 Shares to Humanitario Capital LLC, an entity wholly owned by Mr. Peizer (\"Humanitario\"), upon the conversion of the aggregate principal amount of all then outstanding Keep Well Notes, plus all accrued and unpaid interest thereon, minus $7.0 million (the \"Notes Conversion\"), and, in connection with the Notes Conversion, issued to Acuitas a Keep Well Warrant (the \"Conversion Warrant\") initially exercisable for up to 18,054,791 Shares at an exercise price of $0.90 per Share."},{"field":"date","element":"transactionDate","label":"F7","text":"Because the Offering Price was less than the initial conversion price for the Notes Conversion (as described above), upon the effectiveness of the Stockholder Approval, pursuant to the terms of the Fifth Amendment, the exercise price of the Conversion Warrant was automatically reduced to $0.60 per Share, and the number of Shares subject to the Conversion Warrant was automatically increased by 9,027,395 Shares, such that the Conversion Warrant is now exercisable for 27,082,186 Shares (collectively, the \"Conversion Warrant Modifications\"). The Conversion Warrant Modifications are voluntarily reported in Table II above as the cancellation of the old Conversion Warrant in exchange for the issuance of a new Conversion Warrant reflecting the Conversion Warrant Modifications."},{"field":"shares","element":"transactionShares","label":"F4","text":"As previously disclosed, under the Keep Well Agreement, in connection with the conversion of any Keep Well Notes into Shares, Ontrak will issue to Acuitas Capital (or its designee) a five-year warrant (each a \"Keep Well Warrant\") to purchase up to a number of Shares equal to (x) the amount converted divided by (y) the conversion price of the Keep Well Note then in effect, which Keep Well Warrant will be exercisable for an exercise price equal to such conversion price (as may be adjusted)."},{"field":"shares","element":"transactionShares","label":"F5","text":"As previously disclosed, on November 14, 2023, Ontrak completed its public offering of Shares and warrants to purchase Shares at a combined public offering price of $0.60 per Share and accompanying warrants (the \"Offering Price\"). As previously disclosed, in accordance with the Fifth Amendment, prior to the closing of such offering, Ontrak issued 18,054,791 Shares to Humanitario Capital LLC, an entity wholly owned by Mr. Peizer (\"Humanitario\"), upon the conversion of the aggregate principal amount of all then outstanding Keep Well Notes, plus all accrued and unpaid interest thereon, minus $7.0 million (the \"Notes Conversion\"), and, in connection with the Notes Conversion, issued to Acuitas a Keep Well Warrant (the \"Conversion Warrant\") initially exercisable for up to 18,054,791 Shares at an exercise price of $0.90 per Share."},{"field":"shares","element":"transactionShares","label":"F6","text":"Because the Offering Price was less than the conversion price at which the Keep Well Notes were initially converted in the Notes Conversion, on December 20, 2023, in connection with the Stockholder Approval, pursuant to the terms of the Fifth Amendment, Ontrak issued to Humanitario an additional 9,027,395 Shares, such that the total number of Shares issued in respect of the Notes Conversion (giving effect to such additional Shares) equals the number of Shares that would have been issued in respect thereof had the Keep Well Notes been converted therein at a conversion price equal to the Offering Price (the \"Conversion Shares Issuance\")."},{"field":"shares","element":"transactionShares","label":"F7","text":"Because the Offering Price was less than the initial conversion price for the Notes Conversion (as described above), upon the effectiveness of the Stockholder Approval, pursuant to the terms of the Fifth Amendment, the exercise price of the Conversion Warrant was automatically reduced to $0.60 per Share, and the number of Shares subject to the Conversion Warrant was automatically increased by 9,027,395 Shares, such that the Conversion Warrant is now exercisable for 27,082,186 Shares (collectively, the \"Conversion Warrant Modifications\"). The Conversion Warrant Modifications are voluntarily reported in Table II above as the cancellation of the old Conversion Warrant in exchange for the issuance of a new Conversion Warrant reflecting the Conversion Warrant Modifications."},{"field":"price","element":"transactionPricePerShare","label":"F4","text":"As previously disclosed, under the Keep Well Agreement, in connection with the conversion of any Keep Well Notes into Shares, Ontrak will issue to Acuitas Capital (or its designee) a five-year warrant (each a \"Keep Well Warrant\") to purchase up to a number of Shares equal to (x) the amount converted divided by (y) the conversion price of the Keep Well Note then in effect, which Keep Well Warrant will be exercisable for an exercise price equal to such conversion price (as may be adjusted)."},{"field":"price","element":"transactionPricePerShare","label":"F5","text":"As previously disclosed, on November 14, 2023, Ontrak completed its public offering of Shares and warrants to purchase Shares at a combined public offering price of $0.60 per Share and accompanying warrants (the \"Offering Price\"). As previously disclosed, in accordance with the Fifth Amendment, prior to the closing of such offering, Ontrak issued 18,054,791 Shares to Humanitario Capital LLC, an entity wholly owned by Mr. Peizer (\"Humanitario\"), upon the conversion of the aggregate principal amount of all then outstanding Keep Well Notes, plus all accrued and unpaid interest thereon, minus $7.0 million (the \"Notes Conversion\"), and, in connection with the Notes Conversion, issued to Acuitas a Keep Well Warrant (the \"Conversion Warrant\") initially exercisable for up to 18,054,791 Shares at an exercise price of $0.90 per Share."},{"field":"price","element":"transactionPricePerShare","label":"F6","text":"Because the Offering Price was less than the conversion price at which the Keep Well Notes were initially converted in the Notes Conversion, on December 20, 2023, in connection with the Stockholder Approval, pursuant to the terms of the Fifth Amendment, Ontrak issued to Humanitario an additional 9,027,395 Shares, such that the total number of Shares issued in respect of the Notes Conversion (giving effect to such additional Shares) equals the number of Shares that would have been issued in respect thereof had the Keep Well Notes been converted therein at a conversion price equal to the Offering Price (the \"Conversion Shares Issuance\")."},{"field":"price","element":"transactionPricePerShare","label":"F7","text":"Because the Offering Price was less than the initial conversion price for the Notes Conversion (as described above), upon the effectiveness of the Stockholder Approval, pursuant to the terms of the Fifth Amendment, the exercise price of the Conversion Warrant was automatically reduced to $0.60 per Share, and the number of Shares subject to the Conversion Warrant was automatically increased by 9,027,395 Shares, such that the Conversion Warrant is now exercisable for 27,082,186 Shares (collectively, the \"Conversion Warrant Modifications\"). The Conversion Warrant Modifications are voluntarily reported in Table II above as the cancellation of the old Conversion Warrant in exchange for the issuance of a new Conversion Warrant reflecting the Conversion Warrant Modifications."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"As previously disclosed, under the Keep Well Agreement, in connection with the conversion of any Keep Well Notes into Shares, Ontrak will issue to Acuitas Capital (or its designee) a five-year warrant (each a \"Keep Well Warrant\") to purchase up to a number of Shares equal to (x) the amount converted divided by (y) the conversion price of the Keep Well Note then in effect, which Keep Well Warrant will be exercisable for an exercise price equal to such conversion price (as may be adjusted)."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F5","text":"As previously disclosed, on November 14, 2023, Ontrak completed its public offering of Shares and warrants to purchase Shares at a combined public offering price of $0.60 per Share and accompanying warrants (the \"Offering Price\"). As previously disclosed, in accordance with the Fifth Amendment, prior to the closing of such offering, Ontrak issued 18,054,791 Shares to Humanitario Capital LLC, an entity wholly owned by Mr. Peizer (\"Humanitario\"), upon the conversion of the aggregate principal amount of all then outstanding Keep Well Notes, plus all accrued and unpaid interest thereon, minus $7.0 million (the \"Notes Conversion\"), and, in connection with the Notes Conversion, issued to Acuitas a Keep Well Warrant (the \"Conversion Warrant\") initially exercisable for up to 18,054,791 Shares at an exercise price of $0.90 per Share."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F6","text":"Because the Offering Price was less than the conversion price at which the Keep Well Notes were initially converted in the Notes Conversion, on December 20, 2023, in connection with the Stockholder Approval, pursuant to the terms of the Fifth Amendment, Ontrak issued to Humanitario an additional 9,027,395 Shares, such that the total number of Shares issued in respect of the Notes Conversion (giving effect to such additional Shares) equals the number of Shares that would have been issued in respect thereof had the Keep Well Notes been converted therein at a conversion price equal to the Offering Price (the \"Conversion Shares Issuance\")."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F7","text":"Because the Offering Price was less than the initial conversion price for the Notes Conversion (as described above), upon the effectiveness of the Stockholder Approval, pursuant to the terms of the Fifth Amendment, the exercise price of the Conversion Warrant was automatically reduced to $0.60 per Share, and the number of Shares subject to the Conversion Warrant was automatically increased by 9,027,395 Shares, such that the Conversion Warrant is now exercisable for 27,082,186 Shares (collectively, the \"Conversion Warrant Modifications\"). The Conversion Warrant Modifications are voluntarily reported in Table II above as the cancellation of the old Conversion Warrant in exchange for the issuance of a new Conversion Warrant reflecting the Conversion Warrant Modifications."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F4","text":"As previously disclosed, under the Keep Well Agreement, in connection with the conversion of any Keep Well Notes into Shares, Ontrak will issue to Acuitas Capital (or its designee) a five-year warrant (each a \"Keep Well Warrant\") to purchase up to a number of Shares equal to (x) the amount converted divided by (y) the conversion price of the Keep Well Note then in effect, which Keep Well Warrant will be exercisable for an exercise price equal to such conversion price (as may be adjusted)."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"As previously disclosed, on November 14, 2023, Ontrak completed its public offering of Shares and warrants to purchase Shares at a combined public offering price of $0.60 per Share and accompanying warrants (the \"Offering Price\"). As previously disclosed, in accordance with the Fifth Amendment, prior to the closing of such offering, Ontrak issued 18,054,791 Shares to Humanitario Capital LLC, an entity wholly owned by Mr. Peizer (\"Humanitario\"), upon the conversion of the aggregate principal amount of all then outstanding Keep Well Notes, plus all accrued and unpaid interest thereon, minus $7.0 million (the \"Notes Conversion\"), and, in connection with the Notes Conversion, issued to Acuitas a Keep Well Warrant (the \"Conversion Warrant\") initially exercisable for up to 18,054,791 Shares at an exercise price of $0.90 per Share."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F7","text":"Because the Offering Price was less than the initial conversion price for the Notes Conversion (as described above), upon the effectiveness of the Stockholder Approval, pursuant to the terms of the Fifth Amendment, the exercise price of the Conversion Warrant was automatically reduced to $0.60 per Share, and the number of Shares subject to the Conversion Warrant was automatically increased by 9,027,395 Shares, such that the Conversion Warrant is now exercisable for 27,082,186 Shares (collectively, the \"Conversion Warrant Modifications\"). The Conversion Warrant Modifications are voluntarily reported in Table II above as the cancellation of the old Conversion Warrant in exchange for the issuance of a new Conversion Warrant reflecting the Conversion Warrant Modifications."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F4","text":"As previously disclosed, under the Keep Well Agreement, in connection with the conversion of any Keep Well Notes into Shares, Ontrak will issue to Acuitas Capital (or its designee) a five-year warrant (each a \"Keep Well Warrant\") to purchase up to a number of Shares equal to (x) the amount converted divided by (y) the conversion price of the Keep Well Note then in effect, which Keep Well Warrant will be exercisable for an exercise price equal to such conversion price (as may be adjusted)."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F5","text":"As previously disclosed, on November 14, 2023, Ontrak completed its public offering of Shares and warrants to purchase Shares at a combined public offering price of $0.60 per Share and accompanying warrants (the \"Offering Price\"). As previously disclosed, in accordance with the Fifth Amendment, prior to the closing of such offering, Ontrak issued 18,054,791 Shares to Humanitario Capital LLC, an entity wholly owned by Mr. Peizer (\"Humanitario\"), upon the conversion of the aggregate principal amount of all then outstanding Keep Well Notes, plus all accrued and unpaid interest thereon, minus $7.0 million (the \"Notes Conversion\"), and, in connection with the Notes Conversion, issued to Acuitas a Keep Well Warrant (the \"Conversion Warrant\") initially exercisable for up to 18,054,791 Shares at an exercise price of $0.90 per Share."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F6","text":"Because the Offering Price was less than the conversion price at which the Keep Well Notes were initially converted in the Notes Conversion, on December 20, 2023, in connection with the Stockholder Approval, pursuant to the terms of the Fifth Amendment, Ontrak issued to Humanitario an additional 9,027,395 Shares, such that the total number of Shares issued in respect of the Notes Conversion (giving effect to such additional Shares) equals the number of Shares that would have been issued in respect thereof had the Keep Well Notes been converted therein at a conversion price equal to the Offering Price (the \"Conversion Shares Issuance\")."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F7","text":"Because the Offering Price was less than the initial conversion price for the Notes Conversion (as described above), upon the effectiveness of the Stockholder Approval, pursuant to the terms of the Fifth Amendment, the exercise price of the Conversion Warrant was automatically reduced to $0.60 per Share, and the number of Shares subject to the Conversion Warrant was automatically increased by 9,027,395 Shares, such that the Conversion Warrant is now exercisable for 27,082,186 Shares (collectively, the \"Conversion Warrant Modifications\"). The Conversion Warrant Modifications are voluntarily reported in Table II above as the cancellation of the old Conversion Warrant in exchange for the issuance of a new Conversion Warrant reflecting the Conversion Warrant Modifications."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F7","text":"Because the Offering Price was less than the initial conversion price for the Notes Conversion (as described above), upon the effectiveness of the Stockholder Approval, pursuant to the terms of the Fifth Amendment, the exercise price of the Conversion Warrant was automatically reduced to $0.60 per Share, and the number of Shares subject to the Conversion Warrant was automatically increased by 9,027,395 Shares, such that the Conversion Warrant is now exercisable for 27,082,186 Shares (collectively, the \"Conversion Warrant Modifications\"). The Conversion Warrant Modifications are voluntarily reported in Table II above as the cancellation of the old Conversion Warrant in exchange for the issuance of a new Conversion Warrant reflecting the Conversion Warrant Modifications."}],"balance_after":27082186,"derivative":{"exercise_price":0.6,"exercise_date":"2023-12-20","expiration_date":"2028-11-14","underlying":"Common Stock","underlying_shares":27082186},"source":{"system":"sec-edgar","filing":"0001104659-23-128890","document":"tm2333440-1_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465923128890/tm2333440-1_4seq1.xml","form_type":"4"}},{"id":1701499,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock Purchase Warrant","published_at":"2023-12-22T17:21:33.000Z","date":"2023-12-20","kind":"other","planned":false,"acquired":false,"shares":18054791,"ownership":{"direct":false,"nature":"By Acuitas"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F4","text":"As previously disclosed, under the Keep Well Agreement, in connection with the conversion of any Keep Well Notes into Shares, Ontrak will issue to Acuitas Capital (or its designee) a five-year warrant (each a \"Keep Well Warrant\") to purchase up to a number of Shares equal to (x) the amount converted divided by (y) the conversion price of the Keep Well Note then in effect, which Keep Well Warrant will be exercisable for an exercise price equal to such conversion price (as may be adjusted)."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F5","text":"As previously disclosed, on November 14, 2023, Ontrak completed its public offering of Shares and warrants to purchase Shares at a combined public offering price of $0.60 per Share and accompanying warrants (the \"Offering Price\"). As previously disclosed, in accordance with the Fifth Amendment, prior to the closing of such offering, Ontrak issued 18,054,791 Shares to Humanitario Capital LLC, an entity wholly owned by Mr. Peizer (\"Humanitario\"), upon the conversion of the aggregate principal amount of all then outstanding Keep Well Notes, plus all accrued and unpaid interest thereon, minus $7.0 million (the \"Notes Conversion\"), and, in connection with the Notes Conversion, issued to Acuitas a Keep Well Warrant (the \"Conversion Warrant\") initially exercisable for up to 18,054,791 Shares at an exercise price of $0.90 per Share."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F6","text":"Because the Offering Price was less than the conversion price at which the Keep Well Notes were initially converted in the Notes Conversion, on December 20, 2023, in connection with the Stockholder Approval, pursuant to the terms of the Fifth Amendment, Ontrak issued to Humanitario an additional 9,027,395 Shares, such that the total number of Shares issued in respect of the Notes Conversion (giving effect to such additional Shares) equals the number of Shares that would have been issued in respect thereof had the Keep Well Notes been converted therein at a conversion price equal to the Offering Price (the \"Conversion Shares Issuance\")."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F7","text":"Because the Offering Price was less than the initial conversion price for the Notes Conversion (as described above), upon the effectiveness of the Stockholder Approval, pursuant to the terms of the Fifth Amendment, the exercise price of the Conversion Warrant was automatically reduced to $0.60 per Share, and the number of Shares subject to the Conversion Warrant was automatically increased by 9,027,395 Shares, such that the Conversion Warrant is now exercisable for 27,082,186 Shares (collectively, the \"Conversion Warrant Modifications\"). The Conversion Warrant Modifications are voluntarily reported in Table II above as the cancellation of the old Conversion Warrant in exchange for the issuance of a new Conversion Warrant reflecting the Conversion Warrant Modifications."},{"field":"date","element":"transactionDate","label":"F2","text":"As previously disclosed, pursuant to the Fifth Amendment (as defined below) to the Master Note Purchase Agreement, dated April 15, 2022, by and among Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), Ontrak and the other parties thereto, as last amended by the Fifth Amendment made on October 31, 2023 (the \"Fifth Amendment\"), and as modified on November 9, 2023 (as amended, the \"Keep Well Agreement\"), Ontrak was required to seek stockholder approval (the \"Stockholder Approval\") in accordance with Nasdaq rules with respect to the Conversion Shares Issuance, the Conversion Warrant Modifications and the Private Placement Securities (each, as defined below), among other things. The Stockholder Approval became effective on December 20, 2023."},{"field":"date","element":"transactionDate","label":"F5","text":"As previously disclosed, on November 14, 2023, Ontrak completed its public offering of Shares and warrants to purchase Shares at a combined public offering price of $0.60 per Share and accompanying warrants (the \"Offering Price\"). As previously disclosed, in accordance with the Fifth Amendment, prior to the closing of such offering, Ontrak issued 18,054,791 Shares to Humanitario Capital LLC, an entity wholly owned by Mr. Peizer (\"Humanitario\"), upon the conversion of the aggregate principal amount of all then outstanding Keep Well Notes, plus all accrued and unpaid interest thereon, minus $7.0 million (the \"Notes Conversion\"), and, in connection with the Notes Conversion, issued to Acuitas a Keep Well Warrant (the \"Conversion Warrant\") initially exercisable for up to 18,054,791 Shares at an exercise price of $0.90 per Share."},{"field":"date","element":"transactionDate","label":"F7","text":"Because the Offering Price was less than the initial conversion price for the Notes Conversion (as described above), upon the effectiveness of the Stockholder Approval, pursuant to the terms of the Fifth Amendment, the exercise price of the Conversion Warrant was automatically reduced to $0.60 per Share, and the number of Shares subject to the Conversion Warrant was automatically increased by 9,027,395 Shares, such that the Conversion Warrant is now exercisable for 27,082,186 Shares (collectively, the \"Conversion Warrant Modifications\"). The Conversion Warrant Modifications are voluntarily reported in Table II above as the cancellation of the old Conversion Warrant in exchange for the issuance of a new Conversion Warrant reflecting the Conversion Warrant Modifications."},{"field":"shares","element":"transactionShares","label":"F4","text":"As previously disclosed, under the Keep Well Agreement, in connection with the conversion of any Keep Well Notes into Shares, Ontrak will issue to Acuitas Capital (or its designee) a five-year warrant (each a \"Keep Well Warrant\") to purchase up to a number of Shares equal to (x) the amount converted divided by (y) the conversion price of the Keep Well Note then in effect, which Keep Well Warrant will be exercisable for an exercise price equal to such conversion price (as may be adjusted)."},{"field":"shares","element":"transactionShares","label":"F5","text":"As previously disclosed, on November 14, 2023, Ontrak completed its public offering of Shares and warrants to purchase Shares at a combined public offering price of $0.60 per Share and accompanying warrants (the \"Offering Price\"). As previously disclosed, in accordance with the Fifth Amendment, prior to the closing of such offering, Ontrak issued 18,054,791 Shares to Humanitario Capital LLC, an entity wholly owned by Mr. Peizer (\"Humanitario\"), upon the conversion of the aggregate principal amount of all then outstanding Keep Well Notes, plus all accrued and unpaid interest thereon, minus $7.0 million (the \"Notes Conversion\"), and, in connection with the Notes Conversion, issued to Acuitas a Keep Well Warrant (the \"Conversion Warrant\") initially exercisable for up to 18,054,791 Shares at an exercise price of $0.90 per Share."},{"field":"shares","element":"transactionShares","label":"F6","text":"Because the Offering Price was less than the conversion price at which the Keep Well Notes were initially converted in the Notes Conversion, on December 20, 2023, in connection with the Stockholder Approval, pursuant to the terms of the Fifth Amendment, Ontrak issued to Humanitario an additional 9,027,395 Shares, such that the total number of Shares issued in respect of the Notes Conversion (giving effect to such additional Shares) equals the number of Shares that would have been issued in respect thereof had the Keep Well Notes been converted therein at a conversion price equal to the Offering Price (the \"Conversion Shares Issuance\")."},{"field":"shares","element":"transactionShares","label":"F7","text":"Because the Offering Price was less than the initial conversion price for the Notes Conversion (as described above), upon the effectiveness of the Stockholder Approval, pursuant to the terms of the Fifth Amendment, the exercise price of the Conversion Warrant was automatically reduced to $0.60 per Share, and the number of Shares subject to the Conversion Warrant was automatically increased by 9,027,395 Shares, such that the Conversion Warrant is now exercisable for 27,082,186 Shares (collectively, the \"Conversion Warrant Modifications\"). The Conversion Warrant Modifications are voluntarily reported in Table II above as the cancellation of the old Conversion Warrant in exchange for the issuance of a new Conversion Warrant reflecting the Conversion Warrant Modifications."},{"field":"price","element":"transactionPricePerShare","label":"F4","text":"As previously disclosed, under the Keep Well Agreement, in connection with the conversion of any Keep Well Notes into Shares, Ontrak will issue to Acuitas Capital (or its designee) a five-year warrant (each a \"Keep Well Warrant\") to purchase up to a number of Shares equal to (x) the amount converted divided by (y) the conversion price of the Keep Well Note then in effect, which Keep Well Warrant will be exercisable for an exercise price equal to such conversion price (as may be adjusted)."},{"field":"price","element":"transactionPricePerShare","label":"F5","text":"As previously disclosed, on November 14, 2023, Ontrak completed its public offering of Shares and warrants to purchase Shares at a combined public offering price of $0.60 per Share and accompanying warrants (the \"Offering Price\"). As previously disclosed, in accordance with the Fifth Amendment, prior to the closing of such offering, Ontrak issued 18,054,791 Shares to Humanitario Capital LLC, an entity wholly owned by Mr. Peizer (\"Humanitario\"), upon the conversion of the aggregate principal amount of all then outstanding Keep Well Notes, plus all accrued and unpaid interest thereon, minus $7.0 million (the \"Notes Conversion\"), and, in connection with the Notes Conversion, issued to Acuitas a Keep Well Warrant (the \"Conversion Warrant\") initially exercisable for up to 18,054,791 Shares at an exercise price of $0.90 per Share."},{"field":"price","element":"transactionPricePerShare","label":"F6","text":"Because the Offering Price was less than the conversion price at which the Keep Well Notes were initially converted in the Notes Conversion, on December 20, 2023, in connection with the Stockholder Approval, pursuant to the terms of the Fifth Amendment, Ontrak issued to Humanitario an additional 9,027,395 Shares, such that the total number of Shares issued in respect of the Notes Conversion (giving effect to such additional Shares) equals the number of Shares that would have been issued in respect thereof had the Keep Well Notes been converted therein at a conversion price equal to the Offering Price (the \"Conversion Shares Issuance\")."},{"field":"price","element":"transactionPricePerShare","label":"F7","text":"Because the Offering Price was less than the initial conversion price for the Notes Conversion (as described above), upon the effectiveness of the Stockholder Approval, pursuant to the terms of the Fifth Amendment, the exercise price of the Conversion Warrant was automatically reduced to $0.60 per Share, and the number of Shares subject to the Conversion Warrant was automatically increased by 9,027,395 Shares, such that the Conversion Warrant is now exercisable for 27,082,186 Shares (collectively, the \"Conversion Warrant Modifications\"). The Conversion Warrant Modifications are voluntarily reported in Table II above as the cancellation of the old Conversion Warrant in exchange for the issuance of a new Conversion Warrant reflecting the Conversion Warrant Modifications."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"As previously disclosed, under the Keep Well Agreement, in connection with the conversion of any Keep Well Notes into Shares, Ontrak will issue to Acuitas Capital (or its designee) a five-year warrant (each a \"Keep Well Warrant\") to purchase up to a number of Shares equal to (x) the amount converted divided by (y) the conversion price of the Keep Well Note then in effect, which Keep Well Warrant will be exercisable for an exercise price equal to such conversion price (as may be adjusted)."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F5","text":"As previously disclosed, on November 14, 2023, Ontrak completed its public offering of Shares and warrants to purchase Shares at a combined public offering price of $0.60 per Share and accompanying warrants (the \"Offering Price\"). As previously disclosed, in accordance with the Fifth Amendment, prior to the closing of such offering, Ontrak issued 18,054,791 Shares to Humanitario Capital LLC, an entity wholly owned by Mr. Peizer (\"Humanitario\"), upon the conversion of the aggregate principal amount of all then outstanding Keep Well Notes, plus all accrued and unpaid interest thereon, minus $7.0 million (the \"Notes Conversion\"), and, in connection with the Notes Conversion, issued to Acuitas a Keep Well Warrant (the \"Conversion Warrant\") initially exercisable for up to 18,054,791 Shares at an exercise price of $0.90 per Share."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F6","text":"Because the Offering Price was less than the conversion price at which the Keep Well Notes were initially converted in the Notes Conversion, on December 20, 2023, in connection with the Stockholder Approval, pursuant to the terms of the Fifth Amendment, Ontrak issued to Humanitario an additional 9,027,395 Shares, such that the total number of Shares issued in respect of the Notes Conversion (giving effect to such additional Shares) equals the number of Shares that would have been issued in respect thereof had the Keep Well Notes been converted therein at a conversion price equal to the Offering Price (the \"Conversion Shares Issuance\")."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F7","text":"Because the Offering Price was less than the initial conversion price for the Notes Conversion (as described above), upon the effectiveness of the Stockholder Approval, pursuant to the terms of the Fifth Amendment, the exercise price of the Conversion Warrant was automatically reduced to $0.60 per Share, and the number of Shares subject to the Conversion Warrant was automatically increased by 9,027,395 Shares, such that the Conversion Warrant is now exercisable for 27,082,186 Shares (collectively, the \"Conversion Warrant Modifications\"). The Conversion Warrant Modifications are voluntarily reported in Table II above as the cancellation of the old Conversion Warrant in exchange for the issuance of a new Conversion Warrant reflecting the Conversion Warrant Modifications."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F4","text":"As previously disclosed, under the Keep Well Agreement, in connection with the conversion of any Keep Well Notes into Shares, Ontrak will issue to Acuitas Capital (or its designee) a five-year warrant (each a \"Keep Well Warrant\") to purchase up to a number of Shares equal to (x) the amount converted divided by (y) the conversion price of the Keep Well Note then in effect, which Keep Well Warrant will be exercisable for an exercise price equal to such conversion price (as may be adjusted)."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"As previously disclosed, on November 14, 2023, Ontrak completed its public offering of Shares and warrants to purchase Shares at a combined public offering price of $0.60 per Share and accompanying warrants (the \"Offering Price\"). As previously disclosed, in accordance with the Fifth Amendment, prior to the closing of such offering, Ontrak issued 18,054,791 Shares to Humanitario Capital LLC, an entity wholly owned by Mr. Peizer (\"Humanitario\"), upon the conversion of the aggregate principal amount of all then outstanding Keep Well Notes, plus all accrued and unpaid interest thereon, minus $7.0 million (the \"Notes Conversion\"), and, in connection with the Notes Conversion, issued to Acuitas a Keep Well Warrant (the \"Conversion Warrant\") initially exercisable for up to 18,054,791 Shares at an exercise price of $0.90 per Share."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F7","text":"Because the Offering Price was less than the initial conversion price for the Notes Conversion (as described above), upon the effectiveness of the Stockholder Approval, pursuant to the terms of the Fifth Amendment, the exercise price of the Conversion Warrant was automatically reduced to $0.60 per Share, and the number of Shares subject to the Conversion Warrant was automatically increased by 9,027,395 Shares, such that the Conversion Warrant is now exercisable for 27,082,186 Shares (collectively, the \"Conversion Warrant Modifications\"). The Conversion Warrant Modifications are voluntarily reported in Table II above as the cancellation of the old Conversion Warrant in exchange for the issuance of a new Conversion Warrant reflecting the Conversion Warrant Modifications."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F4","text":"As previously disclosed, under the Keep Well Agreement, in connection with the conversion of any Keep Well Notes into Shares, Ontrak will issue to Acuitas Capital (or its designee) a five-year warrant (each a \"Keep Well Warrant\") to purchase up to a number of Shares equal to (x) the amount converted divided by (y) the conversion price of the Keep Well Note then in effect, which Keep Well Warrant will be exercisable for an exercise price equal to such conversion price (as may be adjusted)."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F5","text":"As previously disclosed, on November 14, 2023, Ontrak completed its public offering of Shares and warrants to purchase Shares at a combined public offering price of $0.60 per Share and accompanying warrants (the \"Offering Price\"). As previously disclosed, in accordance with the Fifth Amendment, prior to the closing of such offering, Ontrak issued 18,054,791 Shares to Humanitario Capital LLC, an entity wholly owned by Mr. Peizer (\"Humanitario\"), upon the conversion of the aggregate principal amount of all then outstanding Keep Well Notes, plus all accrued and unpaid interest thereon, minus $7.0 million (the \"Notes Conversion\"), and, in connection with the Notes Conversion, issued to Acuitas a Keep Well Warrant (the \"Conversion Warrant\") initially exercisable for up to 18,054,791 Shares at an exercise price of $0.90 per Share."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F6","text":"Because the Offering Price was less than the conversion price at which the Keep Well Notes were initially converted in the Notes Conversion, on December 20, 2023, in connection with the Stockholder Approval, pursuant to the terms of the Fifth Amendment, Ontrak issued to Humanitario an additional 9,027,395 Shares, such that the total number of Shares issued in respect of the Notes Conversion (giving effect to such additional Shares) equals the number of Shares that would have been issued in respect thereof had the Keep Well Notes been converted therein at a conversion price equal to the Offering Price (the \"Conversion Shares Issuance\")."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F7","text":"Because the Offering Price was less than the initial conversion price for the Notes Conversion (as described above), upon the effectiveness of the Stockholder Approval, pursuant to the terms of the Fifth Amendment, the exercise price of the Conversion Warrant was automatically reduced to $0.60 per Share, and the number of Shares subject to the Conversion Warrant was automatically increased by 9,027,395 Shares, such that the Conversion Warrant is now exercisable for 27,082,186 Shares (collectively, the \"Conversion Warrant Modifications\"). The Conversion Warrant Modifications are voluntarily reported in Table II above as the cancellation of the old Conversion Warrant in exchange for the issuance of a new Conversion Warrant reflecting the Conversion Warrant Modifications."}],"balance_after":0,"derivative":{"exercise_price":0.9,"exercise_date":"2023-11-14","expiration_date":"2028-11-14","underlying":"Common Stock","underlying_shares":18054791},"source":{"system":"sec-edgar","filing":"0001104659-23-128890","document":"tm2333440-1_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465923128890/tm2333440-1_4seq1.xml","form_type":"4"}},{"id":1701498,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2023-12-22T17:21:33.000Z","date":"2023-12-20","kind":"exercise","planned":false,"acquired":true,"shares":9027395,"price":0.6,"value":5416437.0,"ownership":{"direct":false,"nature":"By Humanitario"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"date","element":"transactionDate","label":"F2","text":"As previously disclosed, pursuant to the Fifth Amendment (as defined below) to the Master Note Purchase Agreement, dated April 15, 2022, by and among Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), Ontrak and the other parties thereto, as last amended by the Fifth Amendment made on October 31, 2023 (the \"Fifth Amendment\"), and as modified on November 9, 2023 (as amended, the \"Keep Well Agreement\"), Ontrak was required to seek stockholder approval (the \"Stockholder Approval\") in accordance with Nasdaq rules with respect to the Conversion Shares Issuance, the Conversion Warrant Modifications and the Private Placement Securities (each, as defined below), among other things. The Stockholder Approval became effective on December 20, 2023."},{"field":"date","element":"transactionDate","label":"F5","text":"As previously disclosed, on November 14, 2023, Ontrak completed its public offering of Shares and warrants to purchase Shares at a combined public offering price of $0.60 per Share and accompanying warrants (the \"Offering Price\"). As previously disclosed, in accordance with the Fifth Amendment, prior to the closing of such offering, Ontrak issued 18,054,791 Shares to Humanitario Capital LLC, an entity wholly owned by Mr. Peizer (\"Humanitario\"), upon the conversion of the aggregate principal amount of all then outstanding Keep Well Notes, plus all accrued and unpaid interest thereon, minus $7.0 million (the \"Notes Conversion\"), and, in connection with the Notes Conversion, issued to Acuitas a Keep Well Warrant (the \"Conversion Warrant\") initially exercisable for up to 18,054,791 Shares at an exercise price of $0.90 per Share."},{"field":"date","element":"transactionDate","label":"F6","text":"Because the Offering Price was less than the conversion price at which the Keep Well Notes were initially converted in the Notes Conversion, on December 20, 2023, in connection with the Stockholder Approval, pursuant to the terms of the Fifth Amendment, Ontrak issued to Humanitario an additional 9,027,395 Shares, such that the total number of Shares issued in respect of the Notes Conversion (giving effect to such additional Shares) equals the number of Shares that would have been issued in respect thereof had the Keep Well Notes been converted therein at a conversion price equal to the Offering Price (the \"Conversion Shares Issuance\")."},{"field":"shares","element":"transactionShares","label":"F3","text":"As previously disclosed, under the Keep Well Agreement, Acuitas Capital, at its option, has the right to convert the entire principal amount of the outstanding senior secured convertible notes (the \"Keep Well Notes\") previously issued to Acuitas Capital by Ontrak under the Keep Well Agreement, plus all accrued and unpaid interest thereon, in whole or in part, into shares of Ontrak's common stock (\"Shares\"). Prior to the effectiveness of the Stockholder Approval, the conversion price was equal to the lesser of (a) $2.40 per share (as may be adjusted) and (b) the greater of (i) the closing price of Ontrak's common stock on the trading day immediately prior to conversion and (ii) $0.90 per share (as may be adjusted)."},{"field":"shares","element":"transactionShares","label":"F5","text":"As previously disclosed, on November 14, 2023, Ontrak completed its public offering of Shares and warrants to purchase Shares at a combined public offering price of $0.60 per Share and accompanying warrants (the \"Offering Price\"). As previously disclosed, in accordance with the Fifth Amendment, prior to the closing of such offering, Ontrak issued 18,054,791 Shares to Humanitario Capital LLC, an entity wholly owned by Mr. Peizer (\"Humanitario\"), upon the conversion of the aggregate principal amount of all then outstanding Keep Well Notes, plus all accrued and unpaid interest thereon, minus $7.0 million (the \"Notes Conversion\"), and, in connection with the Notes Conversion, issued to Acuitas a Keep Well Warrant (the \"Conversion Warrant\") initially exercisable for up to 18,054,791 Shares at an exercise price of $0.90 per Share."},{"field":"shares","element":"transactionShares","label":"F6","text":"Because the Offering Price was less than the conversion price at which the Keep Well Notes were initially converted in the Notes Conversion, on December 20, 2023, in connection with the Stockholder Approval, pursuant to the terms of the Fifth Amendment, Ontrak issued to Humanitario an additional 9,027,395 Shares, such that the total number of Shares issued in respect of the Notes Conversion (giving effect to such additional Shares) equals the number of Shares that would have been issued in respect thereof had the Keep Well Notes been converted therein at a conversion price equal to the Offering Price (the \"Conversion Shares Issuance\")."},{"field":"price","element":"transactionPricePerShare","label":"F3","text":"As previously disclosed, under the Keep Well Agreement, Acuitas Capital, at its option, has the right to convert the entire principal amount of the outstanding senior secured convertible notes (the \"Keep Well Notes\") previously issued to Acuitas Capital by Ontrak under the Keep Well Agreement, plus all accrued and unpaid interest thereon, in whole or in part, into shares of Ontrak's common stock (\"Shares\"). Prior to the effectiveness of the Stockholder Approval, the conversion price was equal to the lesser of (a) $2.40 per share (as may be adjusted) and (b) the greater of (i) the closing price of Ontrak's common stock on the trading day immediately prior to conversion and (ii) $0.90 per share (as may be adjusted)."},{"field":"price","element":"transactionPricePerShare","label":"F5","text":"As previously disclosed, on November 14, 2023, Ontrak completed its public offering of Shares and warrants to purchase Shares at a combined public offering price of $0.60 per Share and accompanying warrants (the \"Offering Price\"). As previously disclosed, in accordance with the Fifth Amendment, prior to the closing of such offering, Ontrak issued 18,054,791 Shares to Humanitario Capital LLC, an entity wholly owned by Mr. Peizer (\"Humanitario\"), upon the conversion of the aggregate principal amount of all then outstanding Keep Well Notes, plus all accrued and unpaid interest thereon, minus $7.0 million (the \"Notes Conversion\"), and, in connection with the Notes Conversion, issued to Acuitas a Keep Well Warrant (the \"Conversion Warrant\") initially exercisable for up to 18,054,791 Shares at an exercise price of $0.90 per Share."},{"field":"price","element":"transactionPricePerShare","label":"F6","text":"Because the Offering Price was less than the conversion price at which the Keep Well Notes were initially converted in the Notes Conversion, on December 20, 2023, in connection with the Stockholder Approval, pursuant to the terms of the Fifth Amendment, Ontrak issued to Humanitario an additional 9,027,395 Shares, such that the total number of Shares issued in respect of the Notes Conversion (giving effect to such additional Shares) equals the number of Shares that would have been issued in respect thereof had the Keep Well Notes been converted therein at a conversion price equal to the Offering Price (the \"Conversion Shares Issuance\")."}],"balance_after":27082186,"source":{"system":"sec-edgar","filing":"0001104659-23-128890","document":"tm2333440-1_4seq1.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465923128890/tm2333440-1_4seq1.xml","form_type":"4"}},{"id":1741476,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock Purchase Warrant","published_at":"2023-11-15T18:17:48.000Z","date":"2023-11-14","kind":"purchase","planned":false,"acquired":true,"shares":36666666,"ownership":{"direct":false,"nature":"By Humanitario Capital LLC"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F7","text":"On November 14, 2023, in accordance with the Fifth Amendment, and concurrent with the closing of the Offering, Ontrak issued to Humanitario in a private placement an unregistered pre-funded warrant to purchase up to 18,333,333 Shares (the \"Pre-Funded Warrant\") and an unregistered warrant to purchase up to 36,666,666 Shares (the \"Private Placement Warrant\"; together with the Pre-Funded Warrant, the \"Private Placement Securities\"), for total consideration of $11.0 million, consisting of (a) the $6.0 million Acuitas Capital previously delivered to Ontrak in June 2023 and September 2023 in accordance with the Keep Well Agreement and (b) a reduction of the aggregate amounts outstanding under the Keep Well Notes (after giving effect to the Notes Conversion) to $2.0 million (the Keep Well Note evidencing such $2.0 million, the \"Surviving Note\")."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F8","text":"The exercisability of the Private Placement Securities is subject to Stockholder Approval (as defined below). Upon effectiveness of the Stockholder Approval, the Pre-Funded Warrant may be exercised at any time until exercised in full and the Private Placement Warrant may be exercised through the fifth anniversary date of the effectiveness of the Stockholder Approval. The Private Placement Securities may be exercised on a cashless basis. The exercise prices of the Pre-Funded Warrant and the Private Placement Warrant are $0.0001 per share and $0.85 per share, respectively, in each case, subject to customary adjustment for stock dividends, stock splits, reorganizations or similar events. The exercise price of the Private Placement Warrant and the number of Shares issuable upon exercise thereof are also subject to adjustment upon the occurrence of certain events described therein (collectively, the \"Warrant Adjustment Provisions\")."},{"field":"shares","element":"transactionShares","label":"F7","text":"On November 14, 2023, in accordance with the Fifth Amendment, and concurrent with the closing of the Offering, Ontrak issued to Humanitario in a private placement an unregistered pre-funded warrant to purchase up to 18,333,333 Shares (the \"Pre-Funded Warrant\") and an unregistered warrant to purchase up to 36,666,666 Shares (the \"Private Placement Warrant\"; together with the Pre-Funded Warrant, the \"Private Placement Securities\"), for total consideration of $11.0 million, consisting of (a) the $6.0 million Acuitas Capital previously delivered to Ontrak in June 2023 and September 2023 in accordance with the Keep Well Agreement and (b) a reduction of the aggregate amounts outstanding under the Keep Well Notes (after giving effect to the Notes Conversion) to $2.0 million (the Keep Well Note evidencing such $2.0 million, the \"Surviving Note\")."},{"field":"price","element":"transactionPricePerShare","label":"F7","text":"On November 14, 2023, in accordance with the Fifth Amendment, and concurrent with the closing of the Offering, Ontrak issued to Humanitario in a private placement an unregistered pre-funded warrant to purchase up to 18,333,333 Shares (the \"Pre-Funded Warrant\") and an unregistered warrant to purchase up to 36,666,666 Shares (the \"Private Placement Warrant\"; together with the Pre-Funded Warrant, the \"Private Placement Securities\"), for total consideration of $11.0 million, consisting of (a) the $6.0 million Acuitas Capital previously delivered to Ontrak in June 2023 and September 2023 in accordance with the Keep Well Agreement and (b) a reduction of the aggregate amounts outstanding under the Keep Well Notes (after giving effect to the Notes Conversion) to $2.0 million (the Keep Well Note evidencing such $2.0 million, the \"Surviving Note\")."},{"field":"price","element":"transactionPricePerShare","label":"F8","text":"The exercisability of the Private Placement Securities is subject to Stockholder Approval (as defined below). Upon effectiveness of the Stockholder Approval, the Pre-Funded Warrant may be exercised at any time until exercised in full and the Private Placement Warrant may be exercised through the fifth anniversary date of the effectiveness of the Stockholder Approval. The Private Placement Securities may be exercised on a cashless basis. The exercise prices of the Pre-Funded Warrant and the Private Placement Warrant are $0.0001 per share and $0.85 per share, respectively, in each case, subject to customary adjustment for stock dividends, stock splits, reorganizations or similar events. The exercise price of the Private Placement Warrant and the number of Shares issuable upon exercise thereof are also subject to adjustment upon the occurrence of certain events described therein (collectively, the \"Warrant Adjustment Provisions\")."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F7","text":"On November 14, 2023, in accordance with the Fifth Amendment, and concurrent with the closing of the Offering, Ontrak issued to Humanitario in a private placement an unregistered pre-funded warrant to purchase up to 18,333,333 Shares (the \"Pre-Funded Warrant\") and an unregistered warrant to purchase up to 36,666,666 Shares (the \"Private Placement Warrant\"; together with the Pre-Funded Warrant, the \"Private Placement Securities\"), for total consideration of $11.0 million, consisting of (a) the $6.0 million Acuitas Capital previously delivered to Ontrak in June 2023 and September 2023 in accordance with the Keep Well Agreement and (b) a reduction of the aggregate amounts outstanding under the Keep Well Notes (after giving effect to the Notes Conversion) to $2.0 million (the Keep Well Note evidencing such $2.0 million, the \"Surviving Note\")."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F8","text":"The exercisability of the Private Placement Securities is subject to Stockholder Approval (as defined below). Upon effectiveness of the Stockholder Approval, the Pre-Funded Warrant may be exercised at any time until exercised in full and the Private Placement Warrant may be exercised through the fifth anniversary date of the effectiveness of the Stockholder Approval. The Private Placement Securities may be exercised on a cashless basis. The exercise prices of the Pre-Funded Warrant and the Private Placement Warrant are $0.0001 per share and $0.85 per share, respectively, in each case, subject to customary adjustment for stock dividends, stock splits, reorganizations or similar events. The exercise price of the Private Placement Warrant and the number of Shares issuable upon exercise thereof are also subject to adjustment upon the occurrence of certain events described therein (collectively, the \"Warrant Adjustment Provisions\")."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F9","text":"The Fifth Amendment requires Ontrak to seek stockholder approval (the \"Stockholder Approval\") under Nasdaq rules for (a) the issuance of the Shares issuable upon exercise of the Private Placement Securities that, together with the Shares issuable upon exercise of the warrants sold by Ontrak in the Offering, exceed the maximum number of Shares permitted to be issued without such approval under Nasdaq rules, (b) the Notes Conversion Modification (defined below), (c) the elimination of the 90% beneficial ownership limitation under the Keep Well Agreement that prohibited the issuance of Shares to Acuitas Capital and its affiliates upon conversion of any Keep Well Note or exercise of any Keep Well Warrant, and (d) any other terms of the Offering, the Private Placement Securities and/or the Fifth Amendment requiring stockholder approval under Nasdaq rules, including the Warrant Adjustment Provisions."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F7","text":"On November 14, 2023, in accordance with the Fifth Amendment, and concurrent with the closing of the Offering, Ontrak issued to Humanitario in a private placement an unregistered pre-funded warrant to purchase up to 18,333,333 Shares (the \"Pre-Funded Warrant\") and an unregistered warrant to purchase up to 36,666,666 Shares (the \"Private Placement Warrant\"; together with the Pre-Funded Warrant, the \"Private Placement Securities\"), for total consideration of $11.0 million, consisting of (a) the $6.0 million Acuitas Capital previously delivered to Ontrak in June 2023 and September 2023 in accordance with the Keep Well Agreement and (b) a reduction of the aggregate amounts outstanding under the Keep Well Notes (after giving effect to the Notes Conversion) to $2.0 million (the Keep Well Note evidencing such $2.0 million, the \"Surviving Note\")."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F8","text":"The exercisability of the Private Placement Securities is subject to Stockholder Approval (as defined below). Upon effectiveness of the Stockholder Approval, the Pre-Funded Warrant may be exercised at any time until exercised in full and the Private Placement Warrant may be exercised through the fifth anniversary date of the effectiveness of the Stockholder Approval. The Private Placement Securities may be exercised on a cashless basis. The exercise prices of the Pre-Funded Warrant and the Private Placement Warrant are $0.0001 per share and $0.85 per share, respectively, in each case, subject to customary adjustment for stock dividends, stock splits, reorganizations or similar events. The exercise price of the Private Placement Warrant and the number of Shares issuable upon exercise thereof are also subject to adjustment upon the occurrence of certain events described therein (collectively, the \"Warrant Adjustment Provisions\")."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F9","text":"The Fifth Amendment requires Ontrak to seek stockholder approval (the \"Stockholder Approval\") under Nasdaq rules for (a) the issuance of the Shares issuable upon exercise of the Private Placement Securities that, together with the Shares issuable upon exercise of the warrants sold by Ontrak in the Offering, exceed the maximum number of Shares permitted to be issued without such approval under Nasdaq rules, (b) the Notes Conversion Modification (defined below), (c) the elimination of the 90% beneficial ownership limitation under the Keep Well Agreement that prohibited the issuance of Shares to Acuitas Capital and its affiliates upon conversion of any Keep Well Note or exercise of any Keep Well Warrant, and (d) any other terms of the Offering, the Private Placement Securities and/or the Fifth Amendment requiring stockholder approval under Nasdaq rules, including the Warrant Adjustment Provisions."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F7","text":"On November 14, 2023, in accordance with the Fifth Amendment, and concurrent with the closing of the Offering, Ontrak issued to Humanitario in a private placement an unregistered pre-funded warrant to purchase up to 18,333,333 Shares (the \"Pre-Funded Warrant\") and an unregistered warrant to purchase up to 36,666,666 Shares (the \"Private Placement Warrant\"; together with the Pre-Funded Warrant, the \"Private Placement Securities\"), for total consideration of $11.0 million, consisting of (a) the $6.0 million Acuitas Capital previously delivered to Ontrak in June 2023 and September 2023 in accordance with the Keep Well Agreement and (b) a reduction of the aggregate amounts outstanding under the Keep Well Notes (after giving effect to the Notes Conversion) to $2.0 million (the Keep Well Note evidencing such $2.0 million, the \"Surviving Note\")."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F8","text":"The exercisability of the Private Placement Securities is subject to Stockholder Approval (as defined below). Upon effectiveness of the Stockholder Approval, the Pre-Funded Warrant may be exercised at any time until exercised in full and the Private Placement Warrant may be exercised through the fifth anniversary date of the effectiveness of the Stockholder Approval. The Private Placement Securities may be exercised on a cashless basis. The exercise prices of the Pre-Funded Warrant and the Private Placement Warrant are $0.0001 per share and $0.85 per share, respectively, in each case, subject to customary adjustment for stock dividends, stock splits, reorganizations or similar events. The exercise price of the Private Placement Warrant and the number of Shares issuable upon exercise thereof are also subject to adjustment upon the occurrence of certain events described therein (collectively, the \"Warrant Adjustment Provisions\")."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F9","text":"The Fifth Amendment requires Ontrak to seek stockholder approval (the \"Stockholder Approval\") under Nasdaq rules for (a) the issuance of the Shares issuable upon exercise of the Private Placement Securities that, together with the Shares issuable upon exercise of the warrants sold by Ontrak in the Offering, exceed the maximum number of Shares permitted to be issued without such approval under Nasdaq rules, (b) the Notes Conversion Modification (defined below), (c) the elimination of the 90% beneficial ownership limitation under the Keep Well Agreement that prohibited the issuance of Shares to Acuitas Capital and its affiliates upon conversion of any Keep Well Note or exercise of any Keep Well Warrant, and (d) any other terms of the Offering, the Private Placement Securities and/or the Fifth Amendment requiring stockholder approval under Nasdaq rules, including the Warrant Adjustment Provisions."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F7","text":"On November 14, 2023, in accordance with the Fifth Amendment, and concurrent with the closing of the Offering, Ontrak issued to Humanitario in a private placement an unregistered pre-funded warrant to purchase up to 18,333,333 Shares (the \"Pre-Funded Warrant\") and an unregistered warrant to purchase up to 36,666,666 Shares (the \"Private Placement Warrant\"; together with the Pre-Funded Warrant, the \"Private Placement Securities\"), for total consideration of $11.0 million, consisting of (a) the $6.0 million Acuitas Capital previously delivered to Ontrak in June 2023 and September 2023 in accordance with the Keep Well Agreement and (b) a reduction of the aggregate amounts outstanding under the Keep Well Notes (after giving effect to the Notes Conversion) to $2.0 million (the Keep Well Note evidencing such $2.0 million, the \"Surviving Note\")."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F8","text":"The exercisability of the Private Placement Securities is subject to Stockholder Approval (as defined below). Upon effectiveness of the Stockholder Approval, the Pre-Funded Warrant may be exercised at any time until exercised in full and the Private Placement Warrant may be exercised through the fifth anniversary date of the effectiveness of the Stockholder Approval. The Private Placement Securities may be exercised on a cashless basis. The exercise prices of the Pre-Funded Warrant and the Private Placement Warrant are $0.0001 per share and $0.85 per share, respectively, in each case, subject to customary adjustment for stock dividends, stock splits, reorganizations or similar events. The exercise price of the Private Placement Warrant and the number of Shares issuable upon exercise thereof are also subject to adjustment upon the occurrence of certain events described therein (collectively, the \"Warrant Adjustment Provisions\")."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F9","text":"The Fifth Amendment requires Ontrak to seek stockholder approval (the \"Stockholder Approval\") under Nasdaq rules for (a) the issuance of the Shares issuable upon exercise of the Private Placement Securities that, together with the Shares issuable upon exercise of the warrants sold by Ontrak in the Offering, exceed the maximum number of Shares permitted to be issued without such approval under Nasdaq rules, (b) the Notes Conversion Modification (defined below), (c) the elimination of the 90% beneficial ownership limitation under the Keep Well Agreement that prohibited the issuance of Shares to Acuitas Capital and its affiliates upon conversion of any Keep Well Note or exercise of any Keep Well Warrant, and (d) any other terms of the Offering, the Private Placement Securities and/or the Fifth Amendment requiring stockholder approval under Nasdaq rules, including the Warrant Adjustment Provisions."}],"balance_after":36666666,"derivative":{"exercise_price":0.85,"underlying":"Common Stock","underlying_shares":36666666},"source":{"system":"sec-edgar","filing":"0001104659-23-118825","document":"tm2330803-1_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":12,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465923118825/tm2330803-1_4seq1.xml","form_type":"4"}},{"id":1741475,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Pre-Funded Common Stock Purchase Warrant","published_at":"2023-11-15T18:17:48.000Z","date":"2023-11-14","kind":"purchase","planned":false,"acquired":true,"shares":18333333,"ownership":{"direct":false,"nature":"By Humanitario Capital LLC"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F7","text":"On November 14, 2023, in accordance with the Fifth Amendment, and concurrent with the closing of the Offering, Ontrak issued to Humanitario in a private placement an unregistered pre-funded warrant to purchase up to 18,333,333 Shares (the \"Pre-Funded Warrant\") and an unregistered warrant to purchase up to 36,666,666 Shares (the \"Private Placement Warrant\"; together with the Pre-Funded Warrant, the \"Private Placement Securities\"), for total consideration of $11.0 million, consisting of (a) the $6.0 million Acuitas Capital previously delivered to Ontrak in June 2023 and September 2023 in accordance with the Keep Well Agreement and (b) a reduction of the aggregate amounts outstanding under the Keep Well Notes (after giving effect to the Notes Conversion) to $2.0 million (the Keep Well Note evidencing such $2.0 million, the \"Surviving Note\")."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F8","text":"The exercisability of the Private Placement Securities is subject to Stockholder Approval (as defined below). Upon effectiveness of the Stockholder Approval, the Pre-Funded Warrant may be exercised at any time until exercised in full and the Private Placement Warrant may be exercised through the fifth anniversary date of the effectiveness of the Stockholder Approval. The Private Placement Securities may be exercised on a cashless basis. The exercise prices of the Pre-Funded Warrant and the Private Placement Warrant are $0.0001 per share and $0.85 per share, respectively, in each case, subject to customary adjustment for stock dividends, stock splits, reorganizations or similar events. The exercise price of the Private Placement Warrant and the number of Shares issuable upon exercise thereof are also subject to adjustment upon the occurrence of certain events described therein (collectively, the \"Warrant Adjustment Provisions\")."},{"field":"shares","element":"transactionShares","label":"F7","text":"On November 14, 2023, in accordance with the Fifth Amendment, and concurrent with the closing of the Offering, Ontrak issued to Humanitario in a private placement an unregistered pre-funded warrant to purchase up to 18,333,333 Shares (the \"Pre-Funded Warrant\") and an unregistered warrant to purchase up to 36,666,666 Shares (the \"Private Placement Warrant\"; together with the Pre-Funded Warrant, the \"Private Placement Securities\"), for total consideration of $11.0 million, consisting of (a) the $6.0 million Acuitas Capital previously delivered to Ontrak in June 2023 and September 2023 in accordance with the Keep Well Agreement and (b) a reduction of the aggregate amounts outstanding under the Keep Well Notes (after giving effect to the Notes Conversion) to $2.0 million (the Keep Well Note evidencing such $2.0 million, the \"Surviving Note\")."},{"field":"price","element":"transactionPricePerShare","label":"F7","text":"On November 14, 2023, in accordance with the Fifth Amendment, and concurrent with the closing of the Offering, Ontrak issued to Humanitario in a private placement an unregistered pre-funded warrant to purchase up to 18,333,333 Shares (the \"Pre-Funded Warrant\") and an unregistered warrant to purchase up to 36,666,666 Shares (the \"Private Placement Warrant\"; together with the Pre-Funded Warrant, the \"Private Placement Securities\"), for total consideration of $11.0 million, consisting of (a) the $6.0 million Acuitas Capital previously delivered to Ontrak in June 2023 and September 2023 in accordance with the Keep Well Agreement and (b) a reduction of the aggregate amounts outstanding under the Keep Well Notes (after giving effect to the Notes Conversion) to $2.0 million (the Keep Well Note evidencing such $2.0 million, the \"Surviving Note\")."},{"field":"price","element":"transactionPricePerShare","label":"F8","text":"The exercisability of the Private Placement Securities is subject to Stockholder Approval (as defined below). Upon effectiveness of the Stockholder Approval, the Pre-Funded Warrant may be exercised at any time until exercised in full and the Private Placement Warrant may be exercised through the fifth anniversary date of the effectiveness of the Stockholder Approval. The Private Placement Securities may be exercised on a cashless basis. The exercise prices of the Pre-Funded Warrant and the Private Placement Warrant are $0.0001 per share and $0.85 per share, respectively, in each case, subject to customary adjustment for stock dividends, stock splits, reorganizations or similar events. The exercise price of the Private Placement Warrant and the number of Shares issuable upon exercise thereof are also subject to adjustment upon the occurrence of certain events described therein (collectively, the \"Warrant Adjustment Provisions\")."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F7","text":"On November 14, 2023, in accordance with the Fifth Amendment, and concurrent with the closing of the Offering, Ontrak issued to Humanitario in a private placement an unregistered pre-funded warrant to purchase up to 18,333,333 Shares (the \"Pre-Funded Warrant\") and an unregistered warrant to purchase up to 36,666,666 Shares (the \"Private Placement Warrant\"; together with the Pre-Funded Warrant, the \"Private Placement Securities\"), for total consideration of $11.0 million, consisting of (a) the $6.0 million Acuitas Capital previously delivered to Ontrak in June 2023 and September 2023 in accordance with the Keep Well Agreement and (b) a reduction of the aggregate amounts outstanding under the Keep Well Notes (after giving effect to the Notes Conversion) to $2.0 million (the Keep Well Note evidencing such $2.0 million, the \"Surviving Note\")."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F8","text":"The exercisability of the Private Placement Securities is subject to Stockholder Approval (as defined below). Upon effectiveness of the Stockholder Approval, the Pre-Funded Warrant may be exercised at any time until exercised in full and the Private Placement Warrant may be exercised through the fifth anniversary date of the effectiveness of the Stockholder Approval. The Private Placement Securities may be exercised on a cashless basis. The exercise prices of the Pre-Funded Warrant and the Private Placement Warrant are $0.0001 per share and $0.85 per share, respectively, in each case, subject to customary adjustment for stock dividends, stock splits, reorganizations or similar events. The exercise price of the Private Placement Warrant and the number of Shares issuable upon exercise thereof are also subject to adjustment upon the occurrence of certain events described therein (collectively, the \"Warrant Adjustment Provisions\")."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F9","text":"The Fifth Amendment requires Ontrak to seek stockholder approval (the \"Stockholder Approval\") under Nasdaq rules for (a) the issuance of the Shares issuable upon exercise of the Private Placement Securities that, together with the Shares issuable upon exercise of the warrants sold by Ontrak in the Offering, exceed the maximum number of Shares permitted to be issued without such approval under Nasdaq rules, (b) the Notes Conversion Modification (defined below), (c) the elimination of the 90% beneficial ownership limitation under the Keep Well Agreement that prohibited the issuance of Shares to Acuitas Capital and its affiliates upon conversion of any Keep Well Note or exercise of any Keep Well Warrant, and (d) any other terms of the Offering, the Private Placement Securities and/or the Fifth Amendment requiring stockholder approval under Nasdaq rules, including the Warrant Adjustment Provisions."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F7","text":"On November 14, 2023, in accordance with the Fifth Amendment, and concurrent with the closing of the Offering, Ontrak issued to Humanitario in a private placement an unregistered pre-funded warrant to purchase up to 18,333,333 Shares (the \"Pre-Funded Warrant\") and an unregistered warrant to purchase up to 36,666,666 Shares (the \"Private Placement Warrant\"; together with the Pre-Funded Warrant, the \"Private Placement Securities\"), for total consideration of $11.0 million, consisting of (a) the $6.0 million Acuitas Capital previously delivered to Ontrak in June 2023 and September 2023 in accordance with the Keep Well Agreement and (b) a reduction of the aggregate amounts outstanding under the Keep Well Notes (after giving effect to the Notes Conversion) to $2.0 million (the Keep Well Note evidencing such $2.0 million, the \"Surviving Note\")."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F8","text":"The exercisability of the Private Placement Securities is subject to Stockholder Approval (as defined below). Upon effectiveness of the Stockholder Approval, the Pre-Funded Warrant may be exercised at any time until exercised in full and the Private Placement Warrant may be exercised through the fifth anniversary date of the effectiveness of the Stockholder Approval. The Private Placement Securities may be exercised on a cashless basis. The exercise prices of the Pre-Funded Warrant and the Private Placement Warrant are $0.0001 per share and $0.85 per share, respectively, in each case, subject to customary adjustment for stock dividends, stock splits, reorganizations or similar events. The exercise price of the Private Placement Warrant and the number of Shares issuable upon exercise thereof are also subject to adjustment upon the occurrence of certain events described therein (collectively, the \"Warrant Adjustment Provisions\")."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F9","text":"The Fifth Amendment requires Ontrak to seek stockholder approval (the \"Stockholder Approval\") under Nasdaq rules for (a) the issuance of the Shares issuable upon exercise of the Private Placement Securities that, together with the Shares issuable upon exercise of the warrants sold by Ontrak in the Offering, exceed the maximum number of Shares permitted to be issued without such approval under Nasdaq rules, (b) the Notes Conversion Modification (defined below), (c) the elimination of the 90% beneficial ownership limitation under the Keep Well Agreement that prohibited the issuance of Shares to Acuitas Capital and its affiliates upon conversion of any Keep Well Note or exercise of any Keep Well Warrant, and (d) any other terms of the Offering, the Private Placement Securities and/or the Fifth Amendment requiring stockholder approval under Nasdaq rules, including the Warrant Adjustment Provisions."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F7","text":"On November 14, 2023, in accordance with the Fifth Amendment, and concurrent with the closing of the Offering, Ontrak issued to Humanitario in a private placement an unregistered pre-funded warrant to purchase up to 18,333,333 Shares (the \"Pre-Funded Warrant\") and an unregistered warrant to purchase up to 36,666,666 Shares (the \"Private Placement Warrant\"; together with the Pre-Funded Warrant, the \"Private Placement Securities\"), for total consideration of $11.0 million, consisting of (a) the $6.0 million Acuitas Capital previously delivered to Ontrak in June 2023 and September 2023 in accordance with the Keep Well Agreement and (b) a reduction of the aggregate amounts outstanding under the Keep Well Notes (after giving effect to the Notes Conversion) to $2.0 million (the Keep Well Note evidencing such $2.0 million, the \"Surviving Note\")."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F8","text":"The exercisability of the Private Placement Securities is subject to Stockholder Approval (as defined below). Upon effectiveness of the Stockholder Approval, the Pre-Funded Warrant may be exercised at any time until exercised in full and the Private Placement Warrant may be exercised through the fifth anniversary date of the effectiveness of the Stockholder Approval. The Private Placement Securities may be exercised on a cashless basis. The exercise prices of the Pre-Funded Warrant and the Private Placement Warrant are $0.0001 per share and $0.85 per share, respectively, in each case, subject to customary adjustment for stock dividends, stock splits, reorganizations or similar events. The exercise price of the Private Placement Warrant and the number of Shares issuable upon exercise thereof are also subject to adjustment upon the occurrence of certain events described therein (collectively, the \"Warrant Adjustment Provisions\")."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F9","text":"The Fifth Amendment requires Ontrak to seek stockholder approval (the \"Stockholder Approval\") under Nasdaq rules for (a) the issuance of the Shares issuable upon exercise of the Private Placement Securities that, together with the Shares issuable upon exercise of the warrants sold by Ontrak in the Offering, exceed the maximum number of Shares permitted to be issued without such approval under Nasdaq rules, (b) the Notes Conversion Modification (defined below), (c) the elimination of the 90% beneficial ownership limitation under the Keep Well Agreement that prohibited the issuance of Shares to Acuitas Capital and its affiliates upon conversion of any Keep Well Note or exercise of any Keep Well Warrant, and (d) any other terms of the Offering, the Private Placement Securities and/or the Fifth Amendment requiring stockholder approval under Nasdaq rules, including the Warrant Adjustment Provisions."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F7","text":"On November 14, 2023, in accordance with the Fifth Amendment, and concurrent with the closing of the Offering, Ontrak issued to Humanitario in a private placement an unregistered pre-funded warrant to purchase up to 18,333,333 Shares (the \"Pre-Funded Warrant\") and an unregistered warrant to purchase up to 36,666,666 Shares (the \"Private Placement Warrant\"; together with the Pre-Funded Warrant, the \"Private Placement Securities\"), for total consideration of $11.0 million, consisting of (a) the $6.0 million Acuitas Capital previously delivered to Ontrak in June 2023 and September 2023 in accordance with the Keep Well Agreement and (b) a reduction of the aggregate amounts outstanding under the Keep Well Notes (after giving effect to the Notes Conversion) to $2.0 million (the Keep Well Note evidencing such $2.0 million, the \"Surviving Note\")."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F8","text":"The exercisability of the Private Placement Securities is subject to Stockholder Approval (as defined below). Upon effectiveness of the Stockholder Approval, the Pre-Funded Warrant may be exercised at any time until exercised in full and the Private Placement Warrant may be exercised through the fifth anniversary date of the effectiveness of the Stockholder Approval. The Private Placement Securities may be exercised on a cashless basis. The exercise prices of the Pre-Funded Warrant and the Private Placement Warrant are $0.0001 per share and $0.85 per share, respectively, in each case, subject to customary adjustment for stock dividends, stock splits, reorganizations or similar events. The exercise price of the Private Placement Warrant and the number of Shares issuable upon exercise thereof are also subject to adjustment upon the occurrence of certain events described therein (collectively, the \"Warrant Adjustment Provisions\")."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F9","text":"The Fifth Amendment requires Ontrak to seek stockholder approval (the \"Stockholder Approval\") under Nasdaq rules for (a) the issuance of the Shares issuable upon exercise of the Private Placement Securities that, together with the Shares issuable upon exercise of the warrants sold by Ontrak in the Offering, exceed the maximum number of Shares permitted to be issued without such approval under Nasdaq rules, (b) the Notes Conversion Modification (defined below), (c) the elimination of the 90% beneficial ownership limitation under the Keep Well Agreement that prohibited the issuance of Shares to Acuitas Capital and its affiliates upon conversion of any Keep Well Note or exercise of any Keep Well Warrant, and (d) any other terms of the Offering, the Private Placement Securities and/or the Fifth Amendment requiring stockholder approval under Nasdaq rules, including the Warrant Adjustment Provisions."}],"balance_after":18333333,"derivative":{"exercise_price":0.0001,"underlying":"Common Stock","underlying_shares":18333333},"source":{"system":"sec-edgar","filing":"0001104659-23-118825","document":"tm2330803-1_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":11,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465923118825/tm2330803-1_4seq1.xml","form_type":"4"}},{"id":1741474,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Senior Secured Convertible Note","published_at":"2023-11-15T18:17:48.000Z","date":"2023-11-14","kind":"purchase","planned":false,"acquired":true,"reported_value":2000000,"ownership":{"direct":false,"nature":"By Acuitas Capital LLC"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F3","text":"Under the terms of the Keep Well Agreement, prior to the Notes Conversion (as defined below), the Keep Well Notes had a maturity date of September 30, 2024. Acuitas Capital, at its option, has the right to convert the entire principal amount of the Keep Well Notes outstanding, plus all accrued and unpaid interest thereon, in whole or in part, into shares of Ontrak's common stock (\"Shares\") at a conversion price equal to the lesser of (a) $2.40 per share (as may be adjusted) and (b) the greater of (i) the closing price of Ontrak's common stock on the trading day immediately prior to the conversion and (ii) $0.90 per share (as may be adjusted)."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F11","text":"Pursuant to the Fifth Amendment, the maturity date of the Surviving Note has been extended from September 30, 2024 to May 14, 2026, unless earlier due and payable in full. Subject to the effectiveness of the Stockholder Approval, the conversion price of the Surviving Note will be the lesser of (a) $2.40 per share (as may be adjusted) and (b) the greater of (i) the consolidated closing bid price of Ontrak's common stock on the trading day immediately prior to the conversion and (b) $0.60 per share (as may be adjusted)."},{"field":"reported_value","element":"transactionTotalValue","label":"F9","text":"The Fifth Amendment requires Ontrak to seek stockholder approval (the \"Stockholder Approval\") under Nasdaq rules for (a) the issuance of the Shares issuable upon exercise of the Private Placement Securities that, together with the Shares issuable upon exercise of the warrants sold by Ontrak in the Offering, exceed the maximum number of Shares permitted to be issued without such approval under Nasdaq rules, (b) the Notes Conversion Modification (defined below), (c) the elimination of the 90% beneficial ownership limitation under the Keep Well Agreement that prohibited the issuance of Shares to Acuitas Capital and its affiliates upon conversion of any Keep Well Note or exercise of any Keep Well Warrant, and (d) any other terms of the Offering, the Private Placement Securities and/or the Fifth Amendment requiring stockholder approval under Nasdaq rules, including the Warrant Adjustment Provisions."},{"field":"reported_value","element":"transactionTotalValue","label":"F11","text":"Pursuant to the Fifth Amendment, the maturity date of the Surviving Note has been extended from September 30, 2024 to May 14, 2026, unless earlier due and payable in full. Subject to the effectiveness of the Stockholder Approval, the conversion price of the Surviving Note will be the lesser of (a) $2.40 per share (as may be adjusted) and (b) the greater of (i) the consolidated closing bid price of Ontrak's common stock on the trading day immediately prior to the conversion and (b) $0.60 per share (as may be adjusted)."},{"field":"price","element":"transactionPricePerShare","label":"F3","text":"Under the terms of the Keep Well Agreement, prior to the Notes Conversion (as defined below), the Keep Well Notes had a maturity date of September 30, 2024. Acuitas Capital, at its option, has the right to convert the entire principal amount of the Keep Well Notes outstanding, plus all accrued and unpaid interest thereon, in whole or in part, into shares of Ontrak's common stock (\"Shares\") at a conversion price equal to the lesser of (a) $2.40 per share (as may be adjusted) and (b) the greater of (i) the closing price of Ontrak's common stock on the trading day immediately prior to the conversion and (ii) $0.90 per share (as may be adjusted)."},{"field":"price","element":"transactionPricePerShare","label":"F9","text":"The Fifth Amendment requires Ontrak to seek stockholder approval (the \"Stockholder Approval\") under Nasdaq rules for (a) the issuance of the Shares issuable upon exercise of the Private Placement Securities that, together with the Shares issuable upon exercise of the warrants sold by Ontrak in the Offering, exceed the maximum number of Shares permitted to be issued without such approval under Nasdaq rules, (b) the Notes Conversion Modification (defined below), (c) the elimination of the 90% beneficial ownership limitation under the Keep Well Agreement that prohibited the issuance of Shares to Acuitas Capital and its affiliates upon conversion of any Keep Well Note or exercise of any Keep Well Warrant, and (d) any other terms of the Offering, the Private Placement Securities and/or the Fifth Amendment requiring stockholder approval under Nasdaq rules, including the Warrant Adjustment Provisions."},{"field":"price","element":"transactionPricePerShare","label":"F11","text":"Pursuant to the Fifth Amendment, the maturity date of the Surviving Note has been extended from September 30, 2024 to May 14, 2026, unless earlier due and payable in full. Subject to the effectiveness of the Stockholder Approval, the conversion price of the Surviving Note will be the lesser of (a) $2.40 per share (as may be adjusted) and (b) the greater of (i) the consolidated closing bid price of Ontrak's common stock on the trading day immediately prior to the conversion and (b) $0.60 per share (as may be adjusted)."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F3","text":"Under the terms of the Keep Well Agreement, prior to the Notes Conversion (as defined below), the Keep Well Notes had a maturity date of September 30, 2024. Acuitas Capital, at its option, has the right to convert the entire principal amount of the Keep Well Notes outstanding, plus all accrued and unpaid interest thereon, in whole or in part, into shares of Ontrak's common stock (\"Shares\") at a conversion price equal to the lesser of (a) $2.40 per share (as may be adjusted) and (b) the greater of (i) the closing price of Ontrak's common stock on the trading day immediately prior to the conversion and (ii) $0.90 per share (as may be adjusted)."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F11","text":"Pursuant to the Fifth Amendment, the maturity date of the Surviving Note has been extended from September 30, 2024 to May 14, 2026, unless earlier due and payable in full. Subject to the effectiveness of the Stockholder Approval, the conversion price of the Surviving Note will be the lesser of (a) $2.40 per share (as may be adjusted) and (b) the greater of (i) the consolidated closing bid price of Ontrak's common stock on the trading day immediately prior to the conversion and (b) $0.60 per share (as may be adjusted)."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F3","text":"Under the terms of the Keep Well Agreement, prior to the Notes Conversion (as defined below), the Keep Well Notes had a maturity date of September 30, 2024. Acuitas Capital, at its option, has the right to convert the entire principal amount of the Keep Well Notes outstanding, plus all accrued and unpaid interest thereon, in whole or in part, into shares of Ontrak's common stock (\"Shares\") at a conversion price equal to the lesser of (a) $2.40 per share (as may be adjusted) and (b) the greater of (i) the closing price of Ontrak's common stock on the trading day immediately prior to the conversion and (ii) $0.90 per share (as may be adjusted)."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F9","text":"The Fifth Amendment requires Ontrak to seek stockholder approval (the \"Stockholder Approval\") under Nasdaq rules for (a) the issuance of the Shares issuable upon exercise of the Private Placement Securities that, together with the Shares issuable upon exercise of the warrants sold by Ontrak in the Offering, exceed the maximum number of Shares permitted to be issued without such approval under Nasdaq rules, (b) the Notes Conversion Modification (defined below), (c) the elimination of the 90% beneficial ownership limitation under the Keep Well Agreement that prohibited the issuance of Shares to Acuitas Capital and its affiliates upon conversion of any Keep Well Note or exercise of any Keep Well Warrant, and (d) any other terms of the Offering, the Private Placement Securities and/or the Fifth Amendment requiring stockholder approval under Nasdaq rules, including the Warrant Adjustment Provisions."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F11","text":"Pursuant to the Fifth Amendment, the maturity date of the Surviving Note has been extended from September 30, 2024 to May 14, 2026, unless earlier due and payable in full. Subject to the effectiveness of the Stockholder Approval, the conversion price of the Surviving Note will be the lesser of (a) $2.40 per share (as may be adjusted) and (b) the greater of (i) the consolidated closing bid price of Ontrak's common stock on the trading day immediately prior to the conversion and (b) $0.60 per share (as may be adjusted)."}],"derivative":{"exercise_price":0.9,"exercise_date":"2023-03-06","expiration_date":"2026-05-14","underlying":"Common Stock"},"source":{"system":"sec-edgar","filing":"0001104659-23-118825","document":"tm2330803-1_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":10,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465923118825/tm2330803-1_4seq1.xml","form_type":"4"}},{"id":1741473,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Senior Secured Convertible Note","published_at":"2023-11-15T18:17:48.000Z","date":"2023-11-14","kind":"sale","planned":false,"acquired":false,"reported_value":2000000,"ownership":{"direct":false,"nature":"By Acuitas Capital LLC"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F3","text":"Under the terms of the Keep Well Agreement, prior to the Notes Conversion (as defined below), the Keep Well Notes had a maturity date of September 30, 2024. Acuitas Capital, at its option, has the right to convert the entire principal amount of the Keep Well Notes outstanding, plus all accrued and unpaid interest thereon, in whole or in part, into shares of Ontrak's common stock (\"Shares\") at a conversion price equal to the lesser of (a) $2.40 per share (as may be adjusted) and (b) the greater of (i) the closing price of Ontrak's common stock on the trading day immediately prior to the conversion and (ii) $0.90 per share (as may be adjusted)."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F11","text":"Pursuant to the Fifth Amendment, the maturity date of the Surviving Note has been extended from September 30, 2024 to May 14, 2026, unless earlier due and payable in full. Subject to the effectiveness of the Stockholder Approval, the conversion price of the Surviving Note will be the lesser of (a) $2.40 per share (as may be adjusted) and (b) the greater of (i) the consolidated closing bid price of Ontrak's common stock on the trading day immediately prior to the conversion and (b) $0.60 per share (as may be adjusted)."},{"field":"reported_value","element":"transactionTotalValue","label":"F9","text":"The Fifth Amendment requires Ontrak to seek stockholder approval (the \"Stockholder Approval\") under Nasdaq rules for (a) the issuance of the Shares issuable upon exercise of the Private Placement Securities that, together with the Shares issuable upon exercise of the warrants sold by Ontrak in the Offering, exceed the maximum number of Shares permitted to be issued without such approval under Nasdaq rules, (b) the Notes Conversion Modification (defined below), (c) the elimination of the 90% beneficial ownership limitation under the Keep Well Agreement that prohibited the issuance of Shares to Acuitas Capital and its affiliates upon conversion of any Keep Well Note or exercise of any Keep Well Warrant, and (d) any other terms of the Offering, the Private Placement Securities and/or the Fifth Amendment requiring stockholder approval under Nasdaq rules, including the Warrant Adjustment Provisions."},{"field":"reported_value","element":"transactionTotalValue","label":"F11","text":"Pursuant to the Fifth Amendment, the maturity date of the Surviving Note has been extended from September 30, 2024 to May 14, 2026, unless earlier due and payable in full. Subject to the effectiveness of the Stockholder Approval, the conversion price of the Surviving Note will be the lesser of (a) $2.40 per share (as may be adjusted) and (b) the greater of (i) the consolidated closing bid price of Ontrak's common stock on the trading day immediately prior to the conversion and (b) $0.60 per share (as may be adjusted)."},{"field":"price","element":"transactionPricePerShare","label":"F3","text":"Under the terms of the Keep Well Agreement, prior to the Notes Conversion (as defined below), the Keep Well Notes had a maturity date of September 30, 2024. Acuitas Capital, at its option, has the right to convert the entire principal amount of the Keep Well Notes outstanding, plus all accrued and unpaid interest thereon, in whole or in part, into shares of Ontrak's common stock (\"Shares\") at a conversion price equal to the lesser of (a) $2.40 per share (as may be adjusted) and (b) the greater of (i) the closing price of Ontrak's common stock on the trading day immediately prior to the conversion and (ii) $0.90 per share (as may be adjusted)."},{"field":"price","element":"transactionPricePerShare","label":"F9","text":"The Fifth Amendment requires Ontrak to seek stockholder approval (the \"Stockholder Approval\") under Nasdaq rules for (a) the issuance of the Shares issuable upon exercise of the Private Placement Securities that, together with the Shares issuable upon exercise of the warrants sold by Ontrak in the Offering, exceed the maximum number of Shares permitted to be issued without such approval under Nasdaq rules, (b) the Notes Conversion Modification (defined below), (c) the elimination of the 90% beneficial ownership limitation under the Keep Well Agreement that prohibited the issuance of Shares to Acuitas Capital and its affiliates upon conversion of any Keep Well Note or exercise of any Keep Well Warrant, and (d) any other terms of the Offering, the Private Placement Securities and/or the Fifth Amendment requiring stockholder approval under Nasdaq rules, including the Warrant Adjustment Provisions."},{"field":"price","element":"transactionPricePerShare","label":"F11","text":"Pursuant to the Fifth Amendment, the maturity date of the Surviving Note has been extended from September 30, 2024 to May 14, 2026, unless earlier due and payable in full. Subject to the effectiveness of the Stockholder Approval, the conversion price of the Surviving Note will be the lesser of (a) $2.40 per share (as may be adjusted) and (b) the greater of (i) the consolidated closing bid price of Ontrak's common stock on the trading day immediately prior to the conversion and (b) $0.60 per share (as may be adjusted)."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F3","text":"Under the terms of the Keep Well Agreement, prior to the Notes Conversion (as defined below), the Keep Well Notes had a maturity date of September 30, 2024. Acuitas Capital, at its option, has the right to convert the entire principal amount of the Keep Well Notes outstanding, plus all accrued and unpaid interest thereon, in whole or in part, into shares of Ontrak's common stock (\"Shares\") at a conversion price equal to the lesser of (a) $2.40 per share (as may be adjusted) and (b) the greater of (i) the closing price of Ontrak's common stock on the trading day immediately prior to the conversion and (ii) $0.90 per share (as may be adjusted)."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F3","text":"Under the terms of the Keep Well Agreement, prior to the Notes Conversion (as defined below), the Keep Well Notes had a maturity date of September 30, 2024. Acuitas Capital, at its option, has the right to convert the entire principal amount of the Keep Well Notes outstanding, plus all accrued and unpaid interest thereon, in whole or in part, into shares of Ontrak's common stock (\"Shares\") at a conversion price equal to the lesser of (a) $2.40 per share (as may be adjusted) and (b) the greater of (i) the closing price of Ontrak's common stock on the trading day immediately prior to the conversion and (ii) $0.90 per share (as may be adjusted)."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F9","text":"The Fifth Amendment requires Ontrak to seek stockholder approval (the \"Stockholder Approval\") under Nasdaq rules for (a) the issuance of the Shares issuable upon exercise of the Private Placement Securities that, together with the Shares issuable upon exercise of the warrants sold by Ontrak in the Offering, exceed the maximum number of Shares permitted to be issued without such approval under Nasdaq rules, (b) the Notes Conversion Modification (defined below), (c) the elimination of the 90% beneficial ownership limitation under the Keep Well Agreement that prohibited the issuance of Shares to Acuitas Capital and its affiliates upon conversion of any Keep Well Note or exercise of any Keep Well Warrant, and (d) any other terms of the Offering, the Private Placement Securities and/or the Fifth Amendment requiring stockholder approval under Nasdaq rules, including the Warrant Adjustment Provisions."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F11","text":"Pursuant to the Fifth Amendment, the maturity date of the Surviving Note has been extended from September 30, 2024 to May 14, 2026, unless earlier due and payable in full. Subject to the effectiveness of the Stockholder Approval, the conversion price of the Surviving Note will be the lesser of (a) $2.40 per share (as may be adjusted) and (b) the greater of (i) the consolidated closing bid price of Ontrak's common stock on the trading day immediately prior to the conversion and (b) $0.60 per share (as may be adjusted)."}],"derivative":{"exercise_price":0.9,"exercise_date":"2023-03-06","expiration_date":"2024-09-30","underlying":"Common Stock"},"source":{"system":"sec-edgar","filing":"0001104659-23-118825","document":"tm2330803-1_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":9,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465923118825/tm2330803-1_4seq1.xml","form_type":"4"}},{"id":1741472,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Senior Secured Convertible Note","published_at":"2023-11-15T18:17:48.000Z","date":"2023-11-14","kind":"sale","planned":false,"acquired":false,"reported_value":3000000,"ownership":{"direct":false,"nature":"By Acuitas Capital LLC"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F3","text":"Under the terms of the Keep Well Agreement, prior to the Notes Conversion (as defined below), the Keep Well Notes had a maturity date of September 30, 2024. Acuitas Capital, at its option, has the right to convert the entire principal amount of the Keep Well Notes outstanding, plus all accrued and unpaid interest thereon, in whole or in part, into shares of Ontrak's common stock (\"Shares\") at a conversion price equal to the lesser of (a) $2.40 per share (as may be adjusted) and (b) the greater of (i) the closing price of Ontrak's common stock on the trading day immediately prior to the conversion and (ii) $0.90 per share (as may be adjusted)."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F7","text":"On November 14, 2023, in accordance with the Fifth Amendment, and concurrent with the closing of the Offering, Ontrak issued to Humanitario in a private placement an unregistered pre-funded warrant to purchase up to 18,333,333 Shares (the \"Pre-Funded Warrant\") and an unregistered warrant to purchase up to 36,666,666 Shares (the \"Private Placement Warrant\"; together with the Pre-Funded Warrant, the \"Private Placement Securities\"), for total consideration of $11.0 million, consisting of (a) the $6.0 million Acuitas Capital previously delivered to Ontrak in June 2023 and September 2023 in accordance with the Keep Well Agreement and (b) a reduction of the aggregate amounts outstanding under the Keep Well Notes (after giving effect to the Notes Conversion) to $2.0 million (the Keep Well Note evidencing such $2.0 million, the \"Surviving Note\")."},{"field":"reported_value","element":"transactionTotalValue","label":"F7","text":"On November 14, 2023, in accordance with the Fifth Amendment, and concurrent with the closing of the Offering, Ontrak issued to Humanitario in a private placement an unregistered pre-funded warrant to purchase up to 18,333,333 Shares (the \"Pre-Funded Warrant\") and an unregistered warrant to purchase up to 36,666,666 Shares (the \"Private Placement Warrant\"; together with the Pre-Funded Warrant, the \"Private Placement Securities\"), for total consideration of $11.0 million, consisting of (a) the $6.0 million Acuitas Capital previously delivered to Ontrak in June 2023 and September 2023 in accordance with the Keep Well Agreement and (b) a reduction of the aggregate amounts outstanding under the Keep Well Notes (after giving effect to the Notes Conversion) to $2.0 million (the Keep Well Note evidencing such $2.0 million, the \"Surviving Note\")."},{"field":"price","element":"transactionPricePerShare","label":"F7","text":"On November 14, 2023, in accordance with the Fifth Amendment, and concurrent with the closing of the Offering, Ontrak issued to Humanitario in a private placement an unregistered pre-funded warrant to purchase up to 18,333,333 Shares (the \"Pre-Funded Warrant\") and an unregistered warrant to purchase up to 36,666,666 Shares (the \"Private Placement Warrant\"; together with the Pre-Funded Warrant, the \"Private Placement Securities\"), for total consideration of $11.0 million, consisting of (a) the $6.0 million Acuitas Capital previously delivered to Ontrak in June 2023 and September 2023 in accordance with the Keep Well Agreement and (b) a reduction of the aggregate amounts outstanding under the Keep Well Notes (after giving effect to the Notes Conversion) to $2.0 million (the Keep Well Note evidencing such $2.0 million, the \"Surviving Note\")."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F3","text":"Under the terms of the Keep Well Agreement, prior to the Notes Conversion (as defined below), the Keep Well Notes had a maturity date of September 30, 2024. Acuitas Capital, at its option, has the right to convert the entire principal amount of the Keep Well Notes outstanding, plus all accrued and unpaid interest thereon, in whole or in part, into shares of Ontrak's common stock (\"Shares\") at a conversion price equal to the lesser of (a) $2.40 per share (as may be adjusted) and (b) the greater of (i) the closing price of Ontrak's common stock on the trading day immediately prior to the conversion and (ii) $0.90 per share (as may be adjusted)."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F3","text":"Under the terms of the Keep Well Agreement, prior to the Notes Conversion (as defined below), the Keep Well Notes had a maturity date of September 30, 2024. Acuitas Capital, at its option, has the right to convert the entire principal amount of the Keep Well Notes outstanding, plus all accrued and unpaid interest thereon, in whole or in part, into shares of Ontrak's common stock (\"Shares\") at a conversion price equal to the lesser of (a) $2.40 per share (as may be adjusted) and (b) the greater of (i) the closing price of Ontrak's common stock on the trading day immediately prior to the conversion and (ii) $0.90 per share (as may be adjusted)."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F7","text":"On November 14, 2023, in accordance with the Fifth Amendment, and concurrent with the closing of the Offering, Ontrak issued to Humanitario in a private placement an unregistered pre-funded warrant to purchase up to 18,333,333 Shares (the \"Pre-Funded Warrant\") and an unregistered warrant to purchase up to 36,666,666 Shares (the \"Private Placement Warrant\"; together with the Pre-Funded Warrant, the \"Private Placement Securities\"), for total consideration of $11.0 million, consisting of (a) the $6.0 million Acuitas Capital previously delivered to Ontrak in June 2023 and September 2023 in accordance with the Keep Well Agreement and (b) a reduction of the aggregate amounts outstanding under the Keep Well Notes (after giving effect to the Notes Conversion) to $2.0 million (the Keep Well Note evidencing such $2.0 million, the \"Surviving Note\")."}],"derivative":{"exercise_price":0.9,"exercise_date":"2023-03-06","expiration_date":"2024-09-30","underlying":"Common Stock"},"source":{"system":"sec-edgar","filing":"0001104659-23-118825","document":"tm2330803-1_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":8,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465923118825/tm2330803-1_4seq1.xml","form_type":"4"}},{"id":1741471,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Senior Secured Convertible Note","published_at":"2023-11-15T18:17:48.000Z","date":"2023-11-14","kind":"sale","planned":false,"acquired":false,"reported_value":3000000,"ownership":{"direct":false,"nature":"By Acuitas Capital LLC"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F3","text":"Under the terms of the Keep Well Agreement, prior to the Notes Conversion (as defined below), the Keep Well Notes had a maturity date of September 30, 2024. Acuitas Capital, at its option, has the right to convert the entire principal amount of the Keep Well Notes outstanding, plus all accrued and unpaid interest thereon, in whole or in part, into shares of Ontrak's common stock (\"Shares\") at a conversion price equal to the lesser of (a) $2.40 per share (as may be adjusted) and (b) the greater of (i) the closing price of Ontrak's common stock on the trading day immediately prior to the conversion and (ii) $0.90 per share (as may be adjusted)."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F7","text":"On November 14, 2023, in accordance with the Fifth Amendment, and concurrent with the closing of the Offering, Ontrak issued to Humanitario in a private placement an unregistered pre-funded warrant to purchase up to 18,333,333 Shares (the \"Pre-Funded Warrant\") and an unregistered warrant to purchase up to 36,666,666 Shares (the \"Private Placement Warrant\"; together with the Pre-Funded Warrant, the \"Private Placement Securities\"), for total consideration of $11.0 million, consisting of (a) the $6.0 million Acuitas Capital previously delivered to Ontrak in June 2023 and September 2023 in accordance with the Keep Well Agreement and (b) a reduction of the aggregate amounts outstanding under the Keep Well Notes (after giving effect to the Notes Conversion) to $2.0 million (the Keep Well Note evidencing such $2.0 million, the \"Surviving Note\")."},{"field":"reported_value","element":"transactionTotalValue","label":"F7","text":"On November 14, 2023, in accordance with the Fifth Amendment, and concurrent with the closing of the Offering, Ontrak issued to Humanitario in a private placement an unregistered pre-funded warrant to purchase up to 18,333,333 Shares (the \"Pre-Funded Warrant\") and an unregistered warrant to purchase up to 36,666,666 Shares (the \"Private Placement Warrant\"; together with the Pre-Funded Warrant, the \"Private Placement Securities\"), for total consideration of $11.0 million, consisting of (a) the $6.0 million Acuitas Capital previously delivered to Ontrak in June 2023 and September 2023 in accordance with the Keep Well Agreement and (b) a reduction of the aggregate amounts outstanding under the Keep Well Notes (after giving effect to the Notes Conversion) to $2.0 million (the Keep Well Note evidencing such $2.0 million, the \"Surviving Note\")."},{"field":"price","element":"transactionPricePerShare","label":"F7","text":"On November 14, 2023, in accordance with the Fifth Amendment, and concurrent with the closing of the Offering, Ontrak issued to Humanitario in a private placement an unregistered pre-funded warrant to purchase up to 18,333,333 Shares (the \"Pre-Funded Warrant\") and an unregistered warrant to purchase up to 36,666,666 Shares (the \"Private Placement Warrant\"; together with the Pre-Funded Warrant, the \"Private Placement Securities\"), for total consideration of $11.0 million, consisting of (a) the $6.0 million Acuitas Capital previously delivered to Ontrak in June 2023 and September 2023 in accordance with the Keep Well Agreement and (b) a reduction of the aggregate amounts outstanding under the Keep Well Notes (after giving effect to the Notes Conversion) to $2.0 million (the Keep Well Note evidencing such $2.0 million, the \"Surviving Note\")."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F3","text":"Under the terms of the Keep Well Agreement, prior to the Notes Conversion (as defined below), the Keep Well Notes had a maturity date of September 30, 2024. Acuitas Capital, at its option, has the right to convert the entire principal amount of the Keep Well Notes outstanding, plus all accrued and unpaid interest thereon, in whole or in part, into shares of Ontrak's common stock (\"Shares\") at a conversion price equal to the lesser of (a) $2.40 per share (as may be adjusted) and (b) the greater of (i) the closing price of Ontrak's common stock on the trading day immediately prior to the conversion and (ii) $0.90 per share (as may be adjusted)."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F3","text":"Under the terms of the Keep Well Agreement, prior to the Notes Conversion (as defined below), the Keep Well Notes had a maturity date of September 30, 2024. Acuitas Capital, at its option, has the right to convert the entire principal amount of the Keep Well Notes outstanding, plus all accrued and unpaid interest thereon, in whole or in part, into shares of Ontrak's common stock (\"Shares\") at a conversion price equal to the lesser of (a) $2.40 per share (as may be adjusted) and (b) the greater of (i) the closing price of Ontrak's common stock on the trading day immediately prior to the conversion and (ii) $0.90 per share (as may be adjusted)."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F7","text":"On November 14, 2023, in accordance with the Fifth Amendment, and concurrent with the closing of the Offering, Ontrak issued to Humanitario in a private placement an unregistered pre-funded warrant to purchase up to 18,333,333 Shares (the \"Pre-Funded Warrant\") and an unregistered warrant to purchase up to 36,666,666 Shares (the \"Private Placement Warrant\"; together with the Pre-Funded Warrant, the \"Private Placement Securities\"), for total consideration of $11.0 million, consisting of (a) the $6.0 million Acuitas Capital previously delivered to Ontrak in June 2023 and September 2023 in accordance with the Keep Well Agreement and (b) a reduction of the aggregate amounts outstanding under the Keep Well Notes (after giving effect to the Notes Conversion) to $2.0 million (the Keep Well Note evidencing such $2.0 million, the \"Surviving Note\")."}],"derivative":{"exercise_price":0.9,"exercise_date":"2023-01-05","expiration_date":"2024-09-30","underlying":"Common Stock"},"source":{"system":"sec-edgar","filing":"0001104659-23-118825","document":"tm2330803-1_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":7,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465923118825/tm2330803-1_4seq1.xml","form_type":"4"}},{"id":1741470,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock Purchase Warrant","published_at":"2023-11-15T18:17:48.000Z","date":"2023-11-14","kind":"purchase","planned":false,"acquired":true,"shares":18054791,"ownership":{"direct":false,"nature":"By Acuitas"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F4","text":"Under the terms of the Keep Well Agreement, in connection with the conversion of any Keep Well Note into Shares, Ontrak will issue to Acuitas Capital a five-year warrant (each, a \"Keep Well Warrant\") to purchase up to a number of Shares equal to (x) the amount converted divided by (y) the conversion price of the Keep Well Note then in effect, which Keep Well Warrant will be exercisable for an exercise price equal to such conversion price (as may be adjusted)."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F6","text":"On November 14, 2023, in connection with the Notes Conversion, Ontrak issued to Acuitas a Keep Well Warrant to purchase up to 18,054,791 Shares with an exercise price of $0.90 per share (the \"Conversion Warrant\")."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F9","text":"The Fifth Amendment requires Ontrak to seek stockholder approval (the \"Stockholder Approval\") under Nasdaq rules for (a) the issuance of the Shares issuable upon exercise of the Private Placement Securities that, together with the Shares issuable upon exercise of the warrants sold by Ontrak in the Offering, exceed the maximum number of Shares permitted to be issued without such approval under Nasdaq rules, (b) the Notes Conversion Modification (defined below), (c) the elimination of the 90% beneficial ownership limitation under the Keep Well Agreement that prohibited the issuance of Shares to Acuitas Capital and its affiliates upon conversion of any Keep Well Note or exercise of any Keep Well Warrant, and (d) any other terms of the Offering, the Private Placement Securities and/or the Fifth Amendment requiring stockholder approval under Nasdaq rules, including the Warrant Adjustment Provisions."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F10","text":"The Offering Price was less than the conversion price at which the Keep Well Notes were converted in the Notes Conversion. Pursuant to the Fifth Amendment, upon effectiveness of the Stockholder Approval, Ontrak will issue additional Shares to Acuitas Capital such that the total number of Shares issued in respect of the Notes Conversion plus such additional Shares will equal the number of Shares that would have been issued in respect of the Notes Conversion had the Keep Well Notes been converted therein at a conversion price equal to the Offering Price, the exercise price of the Conversion Warrant will be reduced to the Offering Price, and the number of Shares subject to the Conversion Warrant will be increased to the number of Shares that would have been subject thereto had the Keep Well Notes been converted in the Notes Conversion at a conversion price equal to the Offering Price (collectively, the \"Notes Conversion Modifications\")."},{"field":"shares","element":"transactionShares","label":"F6","text":"On November 14, 2023, in connection with the Notes Conversion, Ontrak issued to Acuitas a Keep Well Warrant to purchase up to 18,054,791 Shares with an exercise price of $0.90 per share (the \"Conversion Warrant\")."},{"field":"shares","element":"transactionShares","label":"F9","text":"The Fifth Amendment requires Ontrak to seek stockholder approval (the \"Stockholder Approval\") under Nasdaq rules for (a) the issuance of the Shares issuable upon exercise of the Private Placement Securities that, together with the Shares issuable upon exercise of the warrants sold by Ontrak in the Offering, exceed the maximum number of Shares permitted to be issued without such approval under Nasdaq rules, (b) the Notes Conversion Modification (defined below), (c) the elimination of the 90% beneficial ownership limitation under the Keep Well Agreement that prohibited the issuance of Shares to Acuitas Capital and its affiliates upon conversion of any Keep Well Note or exercise of any Keep Well Warrant, and (d) any other terms of the Offering, the Private Placement Securities and/or the Fifth Amendment requiring stockholder approval under Nasdaq rules, including the Warrant Adjustment Provisions."},{"field":"shares","element":"transactionShares","label":"F10","text":"The Offering Price was less than the conversion price at which the Keep Well Notes were converted in the Notes Conversion. Pursuant to the Fifth Amendment, upon effectiveness of the Stockholder Approval, Ontrak will issue additional Shares to Acuitas Capital such that the total number of Shares issued in respect of the Notes Conversion plus such additional Shares will equal the number of Shares that would have been issued in respect of the Notes Conversion had the Keep Well Notes been converted therein at a conversion price equal to the Offering Price, the exercise price of the Conversion Warrant will be reduced to the Offering Price, and the number of Shares subject to the Conversion Warrant will be increased to the number of Shares that would have been subject thereto had the Keep Well Notes been converted in the Notes Conversion at a conversion price equal to the Offering Price (collectively, the \"Notes Conversion Modifications\")."},{"field":"price","element":"transactionPricePerShare","label":"F6","text":"On November 14, 2023, in connection with the Notes Conversion, Ontrak issued to Acuitas a Keep Well Warrant to purchase up to 18,054,791 Shares with an exercise price of $0.90 per share (the \"Conversion Warrant\")."},{"field":"price","element":"transactionPricePerShare","label":"F9","text":"The Fifth Amendment requires Ontrak to seek stockholder approval (the \"Stockholder Approval\") under Nasdaq rules for (a) the issuance of the Shares issuable upon exercise of the Private Placement Securities that, together with the Shares issuable upon exercise of the warrants sold by Ontrak in the Offering, exceed the maximum number of Shares permitted to be issued without such approval under Nasdaq rules, (b) the Notes Conversion Modification (defined below), (c) the elimination of the 90% beneficial ownership limitation under the Keep Well Agreement that prohibited the issuance of Shares to Acuitas Capital and its affiliates upon conversion of any Keep Well Note or exercise of any Keep Well Warrant, and (d) any other terms of the Offering, the Private Placement Securities and/or the Fifth Amendment requiring stockholder approval under Nasdaq rules, including the Warrant Adjustment Provisions."},{"field":"price","element":"transactionPricePerShare","label":"F10","text":"The Offering Price was less than the conversion price at which the Keep Well Notes were converted in the Notes Conversion. Pursuant to the Fifth Amendment, upon effectiveness of the Stockholder Approval, Ontrak will issue additional Shares to Acuitas Capital such that the total number of Shares issued in respect of the Notes Conversion plus such additional Shares will equal the number of Shares that would have been issued in respect of the Notes Conversion had the Keep Well Notes been converted therein at a conversion price equal to the Offering Price, the exercise price of the Conversion Warrant will be reduced to the Offering Price, and the number of Shares subject to the Conversion Warrant will be increased to the number of Shares that would have been subject thereto had the Keep Well Notes been converted in the Notes Conversion at a conversion price equal to the Offering Price (collectively, the \"Notes Conversion Modifications\")."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"Under the terms of the Keep Well Agreement, in connection with the conversion of any Keep Well Note into Shares, Ontrak will issue to Acuitas Capital a five-year warrant (each, a \"Keep Well Warrant\") to purchase up to a number of Shares equal to (x) the amount converted divided by (y) the conversion price of the Keep Well Note then in effect, which Keep Well Warrant will be exercisable for an exercise price equal to such conversion price (as may be adjusted)."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F6","text":"On November 14, 2023, in connection with the Notes Conversion, Ontrak issued to Acuitas a Keep Well Warrant to purchase up to 18,054,791 Shares with an exercise price of $0.90 per share (the \"Conversion Warrant\")."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F4","text":"Under the terms of the Keep Well Agreement, in connection with the conversion of any Keep Well Note into Shares, Ontrak will issue to Acuitas Capital a five-year warrant (each, a \"Keep Well Warrant\") to purchase up to a number of Shares equal to (x) the amount converted divided by (y) the conversion price of the Keep Well Note then in effect, which Keep Well Warrant will be exercisable for an exercise price equal to such conversion price (as may be adjusted)."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F6","text":"On November 14, 2023, in connection with the Notes Conversion, Ontrak issued to Acuitas a Keep Well Warrant to purchase up to 18,054,791 Shares with an exercise price of $0.90 per share (the \"Conversion Warrant\")."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F6","text":"On November 14, 2023, in connection with the Notes Conversion, Ontrak issued to Acuitas a Keep Well Warrant to purchase up to 18,054,791 Shares with an exercise price of $0.90 per share (the \"Conversion Warrant\")."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F9","text":"The Fifth Amendment requires Ontrak to seek stockholder approval (the \"Stockholder Approval\") under Nasdaq rules for (a) the issuance of the Shares issuable upon exercise of the Private Placement Securities that, together with the Shares issuable upon exercise of the warrants sold by Ontrak in the Offering, exceed the maximum number of Shares permitted to be issued without such approval under Nasdaq rules, (b) the Notes Conversion Modification (defined below), (c) the elimination of the 90% beneficial ownership limitation under the Keep Well Agreement that prohibited the issuance of Shares to Acuitas Capital and its affiliates upon conversion of any Keep Well Note or exercise of any Keep Well Warrant, and (d) any other terms of the Offering, the Private Placement Securities and/or the Fifth Amendment requiring stockholder approval under Nasdaq rules, including the Warrant Adjustment Provisions."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F10","text":"The Offering Price was less than the conversion price at which the Keep Well Notes were converted in the Notes Conversion. Pursuant to the Fifth Amendment, upon effectiveness of the Stockholder Approval, Ontrak will issue additional Shares to Acuitas Capital such that the total number of Shares issued in respect of the Notes Conversion plus such additional Shares will equal the number of Shares that would have been issued in respect of the Notes Conversion had the Keep Well Notes been converted therein at a conversion price equal to the Offering Price, the exercise price of the Conversion Warrant will be reduced to the Offering Price, and the number of Shares subject to the Conversion Warrant will be increased to the number of Shares that would have been subject thereto had the Keep Well Notes been converted in the Notes Conversion at a conversion price equal to the Offering Price (collectively, the \"Notes Conversion Modifications\")."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F6","text":"On November 14, 2023, in connection with the Notes Conversion, Ontrak issued to Acuitas a Keep Well Warrant to purchase up to 18,054,791 Shares with an exercise price of $0.90 per share (the \"Conversion Warrant\")."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F9","text":"The Fifth Amendment requires Ontrak to seek stockholder approval (the \"Stockholder Approval\") under Nasdaq rules for (a) the issuance of the Shares issuable upon exercise of the Private Placement Securities that, together with the Shares issuable upon exercise of the warrants sold by Ontrak in the Offering, exceed the maximum number of Shares permitted to be issued without such approval under Nasdaq rules, (b) the Notes Conversion Modification (defined below), (c) the elimination of the 90% beneficial ownership limitation under the Keep Well Agreement that prohibited the issuance of Shares to Acuitas Capital and its affiliates upon conversion of any Keep Well Note or exercise of any Keep Well Warrant, and (d) any other terms of the Offering, the Private Placement Securities and/or the Fifth Amendment requiring stockholder approval under Nasdaq rules, including the Warrant Adjustment Provisions."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F10","text":"The Offering Price was less than the conversion price at which the Keep Well Notes were converted in the Notes Conversion. Pursuant to the Fifth Amendment, upon effectiveness of the Stockholder Approval, Ontrak will issue additional Shares to Acuitas Capital such that the total number of Shares issued in respect of the Notes Conversion plus such additional Shares will equal the number of Shares that would have been issued in respect of the Notes Conversion had the Keep Well Notes been converted therein at a conversion price equal to the Offering Price, the exercise price of the Conversion Warrant will be reduced to the Offering Price, and the number of Shares subject to the Conversion Warrant will be increased to the number of Shares that would have been subject thereto had the Keep Well Notes been converted in the Notes Conversion at a conversion price equal to the Offering Price (collectively, the \"Notes Conversion Modifications\")."}],"balance_after":18054791,"derivative":{"exercise_price":0.9,"exercise_date":"2023-11-14","expiration_date":"2028-11-14","underlying":"Common Stock","underlying_shares":18054791},"source":{"system":"sec-edgar","filing":"0001104659-23-118825","document":"tm2330803-1_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":6,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465923118825/tm2330803-1_4seq1.xml","form_type":"4"}},{"id":1741469,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Senior Secured Convertible Note","published_at":"2023-11-15T18:17:48.000Z","date":"2023-11-14","kind":"exercise","planned":false,"acquired":false,"reported_value":0,"ownership":{"direct":false,"nature":"By Acuitas Capital LLC"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"As previously disclosed, Ontrak previously issued to Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), senior secured convertible notes (the \"Keep Well Notes\") in the principal amounts of $5 million, $6 million, $4 million and $4 million on July 15, 2022, September 7, 2022, January 5, 2023 and March 6, 2023, respectively, pursuant to the Master Note Purchase Agreement, dated as of April 15, 2022, by and among Ontrak, Acuitas Capital and the other parties thereto, as last amended by the Fifth Amendment thereto made as of October 31, 2023 (the \"Fifth Amendment\"), and as modified by the letter agreement made as of November 9, 2023 (as amended, the \"Keep Well Agreement\")."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F3","text":"Under the terms of the Keep Well Agreement, prior to the Notes Conversion (as defined below), the Keep Well Notes had a maturity date of September 30, 2024. Acuitas Capital, at its option, has the right to convert the entire principal amount of the Keep Well Notes outstanding, plus all accrued and unpaid interest thereon, in whole or in part, into shares of Ontrak's common stock (\"Shares\") at a conversion price equal to the lesser of (a) $2.40 per share (as may be adjusted) and (b) the greater of (i) the closing price of Ontrak's common stock on the trading day immediately prior to the conversion and (ii) $0.90 per share (as may be adjusted)."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F5","text":"On November 14, 2023, Ontrak completed its previously announced public offering (the \"Offering\") of Shares and warrants to purchase Shares at a combined public offering price of $0.60 per Share and accompanying warrants (the \"Offering Price\"), as disclosed in the Form 8-K filed by Ontrak with the SEC on November 15, 2023. In accordance with the Fifth Amendment, prior to the closing of the Offering, Ontrak issued 18,054,791 Shares to Humanitario Capital LLC, an entity wholly owned by Acuitas (\"Humanitario\"), upon conversion of the aggregate principal amount of all outstanding Keep Well Notes previously issued to Acuitas Capital under the Keep Well Agreement, plus all accrued and unpaid interest thereon, minus $7.0 million (the \"Notes Conversion\"), in accordance with the terms (including the conversion price) of the Keep Well Agreement and the Keep Well Notes."},{"field":"reported_value","element":"transactionTotalValue","label":"F5","text":"On November 14, 2023, Ontrak completed its previously announced public offering (the \"Offering\") of Shares and warrants to purchase Shares at a combined public offering price of $0.60 per Share and accompanying warrants (the \"Offering Price\"), as disclosed in the Form 8-K filed by Ontrak with the SEC on November 15, 2023. In accordance with the Fifth Amendment, prior to the closing of the Offering, Ontrak issued 18,054,791 Shares to Humanitario Capital LLC, an entity wholly owned by Acuitas (\"Humanitario\"), upon conversion of the aggregate principal amount of all outstanding Keep Well Notes previously issued to Acuitas Capital under the Keep Well Agreement, plus all accrued and unpaid interest thereon, minus $7.0 million (the \"Notes Conversion\"), in accordance with the terms (including the conversion price) of the Keep Well Agreement and the Keep Well Notes."},{"field":"price","element":"transactionPricePerShare","label":"F5","text":"On November 14, 2023, Ontrak completed its previously announced public offering (the \"Offering\") of Shares and warrants to purchase Shares at a combined public offering price of $0.60 per Share and accompanying warrants (the \"Offering Price\"), as disclosed in the Form 8-K filed by Ontrak with the SEC on November 15, 2023. In accordance with the Fifth Amendment, prior to the closing of the Offering, Ontrak issued 18,054,791 Shares to Humanitario Capital LLC, an entity wholly owned by Acuitas (\"Humanitario\"), upon conversion of the aggregate principal amount of all outstanding Keep Well Notes previously issued to Acuitas Capital under the Keep Well Agreement, plus all accrued and unpaid interest thereon, minus $7.0 million (the \"Notes Conversion\"), in accordance with the terms (including the conversion price) of the Keep Well Agreement and the Keep Well Notes."},{"field":"price","element":"transactionPricePerShare","label":"F9","text":"The Fifth Amendment requires Ontrak to seek stockholder approval (the \"Stockholder Approval\") under Nasdaq rules for (a) the issuance of the Shares issuable upon exercise of the Private Placement Securities that, together with the Shares issuable upon exercise of the warrants sold by Ontrak in the Offering, exceed the maximum number of Shares permitted to be issued without such approval under Nasdaq rules, (b) the Notes Conversion Modification (defined below), (c) the elimination of the 90% beneficial ownership limitation under the Keep Well Agreement that prohibited the issuance of Shares to Acuitas Capital and its affiliates upon conversion of any Keep Well Note or exercise of any Keep Well Warrant, and (d) any other terms of the Offering, the Private Placement Securities and/or the Fifth Amendment requiring stockholder approval under Nasdaq rules, including the Warrant Adjustment Provisions."},{"field":"price","element":"transactionPricePerShare","label":"F10","text":"The Offering Price was less than the conversion price at which the Keep Well Notes were converted in the Notes Conversion. Pursuant to the Fifth Amendment, upon effectiveness of the Stockholder Approval, Ontrak will issue additional Shares to Acuitas Capital such that the total number of Shares issued in respect of the Notes Conversion plus such additional Shares will equal the number of Shares that would have been issued in respect of the Notes Conversion had the Keep Well Notes been converted therein at a conversion price equal to the Offering Price, the exercise price of the Conversion Warrant will be reduced to the Offering Price, and the number of Shares subject to the Conversion Warrant will be increased to the number of Shares that would have been subject thereto had the Keep Well Notes been converted in the Notes Conversion at a conversion price equal to the Offering Price (collectively, the \"Notes Conversion Modifications\")."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"As previously disclosed, Ontrak previously issued to Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), senior secured convertible notes (the \"Keep Well Notes\") in the principal amounts of $5 million, $6 million, $4 million and $4 million on July 15, 2022, September 7, 2022, January 5, 2023 and March 6, 2023, respectively, pursuant to the Master Note Purchase Agreement, dated as of April 15, 2022, by and among Ontrak, Acuitas Capital and the other parties thereto, as last amended by the Fifth Amendment thereto made as of October 31, 2023 (the \"Fifth Amendment\"), and as modified by the letter agreement made as of November 9, 2023 (as amended, the \"Keep Well Agreement\")."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F3","text":"Under the terms of the Keep Well Agreement, prior to the Notes Conversion (as defined below), the Keep Well Notes had a maturity date of September 30, 2024. Acuitas Capital, at its option, has the right to convert the entire principal amount of the Keep Well Notes outstanding, plus all accrued and unpaid interest thereon, in whole or in part, into shares of Ontrak's common stock (\"Shares\") at a conversion price equal to the lesser of (a) $2.40 per share (as may be adjusted) and (b) the greater of (i) the closing price of Ontrak's common stock on the trading day immediately prior to the conversion and (ii) $0.90 per share (as may be adjusted)."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F5","text":"On November 14, 2023, Ontrak completed its previously announced public offering (the \"Offering\") of Shares and warrants to purchase Shares at a combined public offering price of $0.60 per Share and accompanying warrants (the \"Offering Price\"), as disclosed in the Form 8-K filed by Ontrak with the SEC on November 15, 2023. In accordance with the Fifth Amendment, prior to the closing of the Offering, Ontrak issued 18,054,791 Shares to Humanitario Capital LLC, an entity wholly owned by Acuitas (\"Humanitario\"), upon conversion of the aggregate principal amount of all outstanding Keep Well Notes previously issued to Acuitas Capital under the Keep Well Agreement, plus all accrued and unpaid interest thereon, minus $7.0 million (the \"Notes Conversion\"), in accordance with the terms (including the conversion price) of the Keep Well Agreement and the Keep Well Notes."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F9","text":"The Fifth Amendment requires Ontrak to seek stockholder approval (the \"Stockholder Approval\") under Nasdaq rules for (a) the issuance of the Shares issuable upon exercise of the Private Placement Securities that, together with the Shares issuable upon exercise of the warrants sold by Ontrak in the Offering, exceed the maximum number of Shares permitted to be issued without such approval under Nasdaq rules, (b) the Notes Conversion Modification (defined below), (c) the elimination of the 90% beneficial ownership limitation under the Keep Well Agreement that prohibited the issuance of Shares to Acuitas Capital and its affiliates upon conversion of any Keep Well Note or exercise of any Keep Well Warrant, and (d) any other terms of the Offering, the Private Placement Securities and/or the Fifth Amendment requiring stockholder approval under Nasdaq rules, including the Warrant Adjustment Provisions."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F10","text":"The Offering Price was less than the conversion price at which the Keep Well Notes were converted in the Notes Conversion. Pursuant to the Fifth Amendment, upon effectiveness of the Stockholder Approval, Ontrak will issue additional Shares to Acuitas Capital such that the total number of Shares issued in respect of the Notes Conversion plus such additional Shares will equal the number of Shares that would have been issued in respect of the Notes Conversion had the Keep Well Notes been converted therein at a conversion price equal to the Offering Price, the exercise price of the Conversion Warrant will be reduced to the Offering Price, and the number of Shares subject to the Conversion Warrant will be increased to the number of Shares that would have been subject thereto had the Keep Well Notes been converted in the Notes Conversion at a conversion price equal to the Offering Price (collectively, the \"Notes Conversion Modifications\")."}],"derivative":{"exercise_price":0.9,"exercise_date":"2023-03-06","expiration_date":"2024-09-30","underlying":"Common Stock","underlying_shares":695103},"source":{"system":"sec-edgar","filing":"0001104659-23-118825","document":"tm2330803-1_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":5,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465923118825/tm2330803-1_4seq1.xml","form_type":"4"}},{"id":1741468,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Senior Secured Convertible Note","published_at":"2023-11-15T18:17:48.000Z","date":"2023-11-14","kind":"exercise","planned":false,"acquired":false,"reported_value":1000000,"ownership":{"direct":false,"nature":"By Acuitas Capital LLC"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"As previously disclosed, Ontrak previously issued to Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), senior secured convertible notes (the \"Keep Well Notes\") in the principal amounts of $5 million, $6 million, $4 million and $4 million on July 15, 2022, September 7, 2022, January 5, 2023 and March 6, 2023, respectively, pursuant to the Master Note Purchase Agreement, dated as of April 15, 2022, by and among Ontrak, Acuitas Capital and the other parties thereto, as last amended by the Fifth Amendment thereto made as of October 31, 2023 (the \"Fifth Amendment\"), and as modified by the letter agreement made as of November 9, 2023 (as amended, the \"Keep Well Agreement\")."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F3","text":"Under the terms of the Keep Well Agreement, prior to the Notes Conversion (as defined below), the Keep Well Notes had a maturity date of September 30, 2024. Acuitas Capital, at its option, has the right to convert the entire principal amount of the Keep Well Notes outstanding, plus all accrued and unpaid interest thereon, in whole or in part, into shares of Ontrak's common stock (\"Shares\") at a conversion price equal to the lesser of (a) $2.40 per share (as may be adjusted) and (b) the greater of (i) the closing price of Ontrak's common stock on the trading day immediately prior to the conversion and (ii) $0.90 per share (as may be adjusted)."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F5","text":"On November 14, 2023, Ontrak completed its previously announced public offering (the \"Offering\") of Shares and warrants to purchase Shares at a combined public offering price of $0.60 per Share and accompanying warrants (the \"Offering Price\"), as disclosed in the Form 8-K filed by Ontrak with the SEC on November 15, 2023. In accordance with the Fifth Amendment, prior to the closing of the Offering, Ontrak issued 18,054,791 Shares to Humanitario Capital LLC, an entity wholly owned by Acuitas (\"Humanitario\"), upon conversion of the aggregate principal amount of all outstanding Keep Well Notes previously issued to Acuitas Capital under the Keep Well Agreement, plus all accrued and unpaid interest thereon, minus $7.0 million (the \"Notes Conversion\"), in accordance with the terms (including the conversion price) of the Keep Well Agreement and the Keep Well Notes."},{"field":"reported_value","element":"transactionTotalValue","label":"F5","text":"On November 14, 2023, Ontrak completed its previously announced public offering (the \"Offering\") of Shares and warrants to purchase Shares at a combined public offering price of $0.60 per Share and accompanying warrants (the \"Offering Price\"), as disclosed in the Form 8-K filed by Ontrak with the SEC on November 15, 2023. In accordance with the Fifth Amendment, prior to the closing of the Offering, Ontrak issued 18,054,791 Shares to Humanitario Capital LLC, an entity wholly owned by Acuitas (\"Humanitario\"), upon conversion of the aggregate principal amount of all outstanding Keep Well Notes previously issued to Acuitas Capital under the Keep Well Agreement, plus all accrued and unpaid interest thereon, minus $7.0 million (the \"Notes Conversion\"), in accordance with the terms (including the conversion price) of the Keep Well Agreement and the Keep Well Notes."},{"field":"price","element":"transactionPricePerShare","label":"F5","text":"On November 14, 2023, Ontrak completed its previously announced public offering (the \"Offering\") of Shares and warrants to purchase Shares at a combined public offering price of $0.60 per Share and accompanying warrants (the \"Offering Price\"), as disclosed in the Form 8-K filed by Ontrak with the SEC on November 15, 2023. In accordance with the Fifth Amendment, prior to the closing of the Offering, Ontrak issued 18,054,791 Shares to Humanitario Capital LLC, an entity wholly owned by Acuitas (\"Humanitario\"), upon conversion of the aggregate principal amount of all outstanding Keep Well Notes previously issued to Acuitas Capital under the Keep Well Agreement, plus all accrued and unpaid interest thereon, minus $7.0 million (the \"Notes Conversion\"), in accordance with the terms (including the conversion price) of the Keep Well Agreement and the Keep Well Notes."},{"field":"price","element":"transactionPricePerShare","label":"F9","text":"The Fifth Amendment requires Ontrak to seek stockholder approval (the \"Stockholder Approval\") under Nasdaq rules for (a) the issuance of the Shares issuable upon exercise of the Private Placement Securities that, together with the Shares issuable upon exercise of the warrants sold by Ontrak in the Offering, exceed the maximum number of Shares permitted to be issued without such approval under Nasdaq rules, (b) the Notes Conversion Modification (defined below), (c) the elimination of the 90% beneficial ownership limitation under the Keep Well Agreement that prohibited the issuance of Shares to Acuitas Capital and its affiliates upon conversion of any Keep Well Note or exercise of any Keep Well Warrant, and (d) any other terms of the Offering, the Private Placement Securities and/or the Fifth Amendment requiring stockholder approval under Nasdaq rules, including the Warrant Adjustment Provisions."},{"field":"price","element":"transactionPricePerShare","label":"F10","text":"The Offering Price was less than the conversion price at which the Keep Well Notes were converted in the Notes Conversion. Pursuant to the Fifth Amendment, upon effectiveness of the Stockholder Approval, Ontrak will issue additional Shares to Acuitas Capital such that the total number of Shares issued in respect of the Notes Conversion plus such additional Shares will equal the number of Shares that would have been issued in respect of the Notes Conversion had the Keep Well Notes been converted therein at a conversion price equal to the Offering Price, the exercise price of the Conversion Warrant will be reduced to the Offering Price, and the number of Shares subject to the Conversion Warrant will be increased to the number of Shares that would have been subject thereto had the Keep Well Notes been converted in the Notes Conversion at a conversion price equal to the Offering Price (collectively, the \"Notes Conversion Modifications\")."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"As previously disclosed, Ontrak previously issued to Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), senior secured convertible notes (the \"Keep Well Notes\") in the principal amounts of $5 million, $6 million, $4 million and $4 million on July 15, 2022, September 7, 2022, January 5, 2023 and March 6, 2023, respectively, pursuant to the Master Note Purchase Agreement, dated as of April 15, 2022, by and among Ontrak, Acuitas Capital and the other parties thereto, as last amended by the Fifth Amendment thereto made as of October 31, 2023 (the \"Fifth Amendment\"), and as modified by the letter agreement made as of November 9, 2023 (as amended, the \"Keep Well Agreement\")."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F3","text":"Under the terms of the Keep Well Agreement, prior to the Notes Conversion (as defined below), the Keep Well Notes had a maturity date of September 30, 2024. Acuitas Capital, at its option, has the right to convert the entire principal amount of the Keep Well Notes outstanding, plus all accrued and unpaid interest thereon, in whole or in part, into shares of Ontrak's common stock (\"Shares\") at a conversion price equal to the lesser of (a) $2.40 per share (as may be adjusted) and (b) the greater of (i) the closing price of Ontrak's common stock on the trading day immediately prior to the conversion and (ii) $0.90 per share (as may be adjusted)."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F5","text":"On November 14, 2023, Ontrak completed its previously announced public offering (the \"Offering\") of Shares and warrants to purchase Shares at a combined public offering price of $0.60 per Share and accompanying warrants (the \"Offering Price\"), as disclosed in the Form 8-K filed by Ontrak with the SEC on November 15, 2023. In accordance with the Fifth Amendment, prior to the closing of the Offering, Ontrak issued 18,054,791 Shares to Humanitario Capital LLC, an entity wholly owned by Acuitas (\"Humanitario\"), upon conversion of the aggregate principal amount of all outstanding Keep Well Notes previously issued to Acuitas Capital under the Keep Well Agreement, plus all accrued and unpaid interest thereon, minus $7.0 million (the \"Notes Conversion\"), in accordance with the terms (including the conversion price) of the Keep Well Agreement and the Keep Well Notes."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F9","text":"The Fifth Amendment requires Ontrak to seek stockholder approval (the \"Stockholder Approval\") under Nasdaq rules for (a) the issuance of the Shares issuable upon exercise of the Private Placement Securities that, together with the Shares issuable upon exercise of the warrants sold by Ontrak in the Offering, exceed the maximum number of Shares permitted to be issued without such approval under Nasdaq rules, (b) the Notes Conversion Modification (defined below), (c) the elimination of the 90% beneficial ownership limitation under the Keep Well Agreement that prohibited the issuance of Shares to Acuitas Capital and its affiliates upon conversion of any Keep Well Note or exercise of any Keep Well Warrant, and (d) any other terms of the Offering, the Private Placement Securities and/or the Fifth Amendment requiring stockholder approval under Nasdaq rules, including the Warrant Adjustment Provisions."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F10","text":"The Offering Price was less than the conversion price at which the Keep Well Notes were converted in the Notes Conversion. Pursuant to the Fifth Amendment, upon effectiveness of the Stockholder Approval, Ontrak will issue additional Shares to Acuitas Capital such that the total number of Shares issued in respect of the Notes Conversion plus such additional Shares will equal the number of Shares that would have been issued in respect of the Notes Conversion had the Keep Well Notes been converted therein at a conversion price equal to the Offering Price, the exercise price of the Conversion Warrant will be reduced to the Offering Price, and the number of Shares subject to the Conversion Warrant will be increased to the number of Shares that would have been subject thereto had the Keep Well Notes been converted in the Notes Conversion at a conversion price equal to the Offering Price (collectively, the \"Notes Conversion Modifications\")."}],"derivative":{"exercise_price":0.9,"exercise_date":"2023-01-05","expiration_date":"2024-09-30","underlying":"Common Stock","underlying_shares":1979916},"source":{"system":"sec-edgar","filing":"0001104659-23-118825","document":"tm2330803-1_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465923118825/tm2330803-1_4seq1.xml","form_type":"4"}},{"id":1741467,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Senior Secured Convertible Note","published_at":"2023-11-15T18:17:48.000Z","date":"2023-11-14","kind":"exercise","planned":false,"acquired":false,"reported_value":6000000,"ownership":{"direct":false,"nature":"By Acuitas Capital LLC"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"As previously disclosed, Ontrak previously issued to Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), senior secured convertible notes (the \"Keep Well Notes\") in the principal amounts of $5 million, $6 million, $4 million and $4 million on July 15, 2022, September 7, 2022, January 5, 2023 and March 6, 2023, respectively, pursuant to the Master Note Purchase Agreement, dated as of April 15, 2022, by and among Ontrak, Acuitas Capital and the other parties thereto, as last amended by the Fifth Amendment thereto made as of October 31, 2023 (the \"Fifth Amendment\"), and as modified by the letter agreement made as of November 9, 2023 (as amended, the \"Keep Well Agreement\")."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F3","text":"Under the terms of the Keep Well Agreement, prior to the Notes Conversion (as defined below), the Keep Well Notes had a maturity date of September 30, 2024. Acuitas Capital, at its option, has the right to convert the entire principal amount of the Keep Well Notes outstanding, plus all accrued and unpaid interest thereon, in whole or in part, into shares of Ontrak's common stock (\"Shares\") at a conversion price equal to the lesser of (a) $2.40 per share (as may be adjusted) and (b) the greater of (i) the closing price of Ontrak's common stock on the trading day immediately prior to the conversion and (ii) $0.90 per share (as may be adjusted)."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F5","text":"On November 14, 2023, Ontrak completed its previously announced public offering (the \"Offering\") of Shares and warrants to purchase Shares at a combined public offering price of $0.60 per Share and accompanying warrants (the \"Offering Price\"), as disclosed in the Form 8-K filed by Ontrak with the SEC on November 15, 2023. In accordance with the Fifth Amendment, prior to the closing of the Offering, Ontrak issued 18,054,791 Shares to Humanitario Capital LLC, an entity wholly owned by Acuitas (\"Humanitario\"), upon conversion of the aggregate principal amount of all outstanding Keep Well Notes previously issued to Acuitas Capital under the Keep Well Agreement, plus all accrued and unpaid interest thereon, minus $7.0 million (the \"Notes Conversion\"), in accordance with the terms (including the conversion price) of the Keep Well Agreement and the Keep Well Notes."},{"field":"reported_value","element":"transactionTotalValue","label":"F5","text":"On November 14, 2023, Ontrak completed its previously announced public offering (the \"Offering\") of Shares and warrants to purchase Shares at a combined public offering price of $0.60 per Share and accompanying warrants (the \"Offering Price\"), as disclosed in the Form 8-K filed by Ontrak with the SEC on November 15, 2023. In accordance with the Fifth Amendment, prior to the closing of the Offering, Ontrak issued 18,054,791 Shares to Humanitario Capital LLC, an entity wholly owned by Acuitas (\"Humanitario\"), upon conversion of the aggregate principal amount of all outstanding Keep Well Notes previously issued to Acuitas Capital under the Keep Well Agreement, plus all accrued and unpaid interest thereon, minus $7.0 million (the \"Notes Conversion\"), in accordance with the terms (including the conversion price) of the Keep Well Agreement and the Keep Well Notes."},{"field":"price","element":"transactionPricePerShare","label":"F5","text":"On November 14, 2023, Ontrak completed its previously announced public offering (the \"Offering\") of Shares and warrants to purchase Shares at a combined public offering price of $0.60 per Share and accompanying warrants (the \"Offering Price\"), as disclosed in the Form 8-K filed by Ontrak with the SEC on November 15, 2023. In accordance with the Fifth Amendment, prior to the closing of the Offering, Ontrak issued 18,054,791 Shares to Humanitario Capital LLC, an entity wholly owned by Acuitas (\"Humanitario\"), upon conversion of the aggregate principal amount of all outstanding Keep Well Notes previously issued to Acuitas Capital under the Keep Well Agreement, plus all accrued and unpaid interest thereon, minus $7.0 million (the \"Notes Conversion\"), in accordance with the terms (including the conversion price) of the Keep Well Agreement and the Keep Well Notes."},{"field":"price","element":"transactionPricePerShare","label":"F9","text":"The Fifth Amendment requires Ontrak to seek stockholder approval (the \"Stockholder Approval\") under Nasdaq rules for (a) the issuance of the Shares issuable upon exercise of the Private Placement Securities that, together with the Shares issuable upon exercise of the warrants sold by Ontrak in the Offering, exceed the maximum number of Shares permitted to be issued without such approval under Nasdaq rules, (b) the Notes Conversion Modification (defined below), (c) the elimination of the 90% beneficial ownership limitation under the Keep Well Agreement that prohibited the issuance of Shares to Acuitas Capital and its affiliates upon conversion of any Keep Well Note or exercise of any Keep Well Warrant, and (d) any other terms of the Offering, the Private Placement Securities and/or the Fifth Amendment requiring stockholder approval under Nasdaq rules, including the Warrant Adjustment Provisions."},{"field":"price","element":"transactionPricePerShare","label":"F10","text":"The Offering Price was less than the conversion price at which the Keep Well Notes were converted in the Notes Conversion. Pursuant to the Fifth Amendment, upon effectiveness of the Stockholder Approval, Ontrak will issue additional Shares to Acuitas Capital such that the total number of Shares issued in respect of the Notes Conversion plus such additional Shares will equal the number of Shares that would have been issued in respect of the Notes Conversion had the Keep Well Notes been converted therein at a conversion price equal to the Offering Price, the exercise price of the Conversion Warrant will be reduced to the Offering Price, and the number of Shares subject to the Conversion Warrant will be increased to the number of Shares that would have been subject thereto had the Keep Well Notes been converted in the Notes Conversion at a conversion price equal to the Offering Price (collectively, the \"Notes Conversion Modifications\")."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"As previously disclosed, Ontrak previously issued to Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), senior secured convertible notes (the \"Keep Well Notes\") in the principal amounts of $5 million, $6 million, $4 million and $4 million on July 15, 2022, September 7, 2022, January 5, 2023 and March 6, 2023, respectively, pursuant to the Master Note Purchase Agreement, dated as of April 15, 2022, by and among Ontrak, Acuitas Capital and the other parties thereto, as last amended by the Fifth Amendment thereto made as of October 31, 2023 (the \"Fifth Amendment\"), and as modified by the letter agreement made as of November 9, 2023 (as amended, the \"Keep Well Agreement\")."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F3","text":"Under the terms of the Keep Well Agreement, prior to the Notes Conversion (as defined below), the Keep Well Notes had a maturity date of September 30, 2024. Acuitas Capital, at its option, has the right to convert the entire principal amount of the Keep Well Notes outstanding, plus all accrued and unpaid interest thereon, in whole or in part, into shares of Ontrak's common stock (\"Shares\") at a conversion price equal to the lesser of (a) $2.40 per share (as may be adjusted) and (b) the greater of (i) the closing price of Ontrak's common stock on the trading day immediately prior to the conversion and (ii) $0.90 per share (as may be adjusted)."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F5","text":"On November 14, 2023, Ontrak completed its previously announced public offering (the \"Offering\") of Shares and warrants to purchase Shares at a combined public offering price of $0.60 per Share and accompanying warrants (the \"Offering Price\"), as disclosed in the Form 8-K filed by Ontrak with the SEC on November 15, 2023. In accordance with the Fifth Amendment, prior to the closing of the Offering, Ontrak issued 18,054,791 Shares to Humanitario Capital LLC, an entity wholly owned by Acuitas (\"Humanitario\"), upon conversion of the aggregate principal amount of all outstanding Keep Well Notes previously issued to Acuitas Capital under the Keep Well Agreement, plus all accrued and unpaid interest thereon, minus $7.0 million (the \"Notes Conversion\"), in accordance with the terms (including the conversion price) of the Keep Well Agreement and the Keep Well Notes."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F9","text":"The Fifth Amendment requires Ontrak to seek stockholder approval (the \"Stockholder Approval\") under Nasdaq rules for (a) the issuance of the Shares issuable upon exercise of the Private Placement Securities that, together with the Shares issuable upon exercise of the warrants sold by Ontrak in the Offering, exceed the maximum number of Shares permitted to be issued without such approval under Nasdaq rules, (b) the Notes Conversion Modification (defined below), (c) the elimination of the 90% beneficial ownership limitation under the Keep Well Agreement that prohibited the issuance of Shares to Acuitas Capital and its affiliates upon conversion of any Keep Well Note or exercise of any Keep Well Warrant, and (d) any other terms of the Offering, the Private Placement Securities and/or the Fifth Amendment requiring stockholder approval under Nasdaq rules, including the Warrant Adjustment Provisions."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F10","text":"The Offering Price was less than the conversion price at which the Keep Well Notes were converted in the Notes Conversion. Pursuant to the Fifth Amendment, upon effectiveness of the Stockholder Approval, Ontrak will issue additional Shares to Acuitas Capital such that the total number of Shares issued in respect of the Notes Conversion plus such additional Shares will equal the number of Shares that would have been issued in respect of the Notes Conversion had the Keep Well Notes been converted therein at a conversion price equal to the Offering Price, the exercise price of the Conversion Warrant will be reduced to the Offering Price, and the number of Shares subject to the Conversion Warrant will be increased to the number of Shares that would have been subject thereto had the Keep Well Notes been converted in the Notes Conversion at a conversion price equal to the Offering Price (collectively, the \"Notes Conversion Modifications\")."}],"derivative":{"exercise_price":0.9,"exercise_date":"2022-09-07","expiration_date":"2024-09-30","underlying":"Common Stock","underlying_shares":8388967},"source":{"system":"sec-edgar","filing":"0001104659-23-118825","document":"tm2330803-1_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465923118825/tm2330803-1_4seq1.xml","form_type":"4"}},{"id":1741466,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Senior Secured Convertible Note","published_at":"2023-11-15T18:17:48.000Z","date":"2023-11-14","kind":"exercise","planned":false,"acquired":false,"reported_value":5000000,"ownership":{"direct":false,"nature":"By Acuitas Capital LLC"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"As previously disclosed, Ontrak previously issued to Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), senior secured convertible notes (the \"Keep Well Notes\") in the principal amounts of $5 million, $6 million, $4 million and $4 million on July 15, 2022, September 7, 2022, January 5, 2023 and March 6, 2023, respectively, pursuant to the Master Note Purchase Agreement, dated as of April 15, 2022, by and among Ontrak, Acuitas Capital and the other parties thereto, as last amended by the Fifth Amendment thereto made as of October 31, 2023 (the \"Fifth Amendment\"), and as modified by the letter agreement made as of November 9, 2023 (as amended, the \"Keep Well Agreement\")."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F3","text":"Under the terms of the Keep Well Agreement, prior to the Notes Conversion (as defined below), the Keep Well Notes had a maturity date of September 30, 2024. Acuitas Capital, at its option, has the right to convert the entire principal amount of the Keep Well Notes outstanding, plus all accrued and unpaid interest thereon, in whole or in part, into shares of Ontrak's common stock (\"Shares\") at a conversion price equal to the lesser of (a) $2.40 per share (as may be adjusted) and (b) the greater of (i) the closing price of Ontrak's common stock on the trading day immediately prior to the conversion and (ii) $0.90 per share (as may be adjusted)."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F5","text":"On November 14, 2023, Ontrak completed its previously announced public offering (the \"Offering\") of Shares and warrants to purchase Shares at a combined public offering price of $0.60 per Share and accompanying warrants (the \"Offering Price\"), as disclosed in the Form 8-K filed by Ontrak with the SEC on November 15, 2023. In accordance with the Fifth Amendment, prior to the closing of the Offering, Ontrak issued 18,054,791 Shares to Humanitario Capital LLC, an entity wholly owned by Acuitas (\"Humanitario\"), upon conversion of the aggregate principal amount of all outstanding Keep Well Notes previously issued to Acuitas Capital under the Keep Well Agreement, plus all accrued and unpaid interest thereon, minus $7.0 million (the \"Notes Conversion\"), in accordance with the terms (including the conversion price) of the Keep Well Agreement and the Keep Well Notes."},{"field":"reported_value","element":"transactionTotalValue","label":"F5","text":"On November 14, 2023, Ontrak completed its previously announced public offering (the \"Offering\") of Shares and warrants to purchase Shares at a combined public offering price of $0.60 per Share and accompanying warrants (the \"Offering Price\"), as disclosed in the Form 8-K filed by Ontrak with the SEC on November 15, 2023. In accordance with the Fifth Amendment, prior to the closing of the Offering, Ontrak issued 18,054,791 Shares to Humanitario Capital LLC, an entity wholly owned by Acuitas (\"Humanitario\"), upon conversion of the aggregate principal amount of all outstanding Keep Well Notes previously issued to Acuitas Capital under the Keep Well Agreement, plus all accrued and unpaid interest thereon, minus $7.0 million (the \"Notes Conversion\"), in accordance with the terms (including the conversion price) of the Keep Well Agreement and the Keep Well Notes."},{"field":"price","element":"transactionPricePerShare","label":"F5","text":"On November 14, 2023, Ontrak completed its previously announced public offering (the \"Offering\") of Shares and warrants to purchase Shares at a combined public offering price of $0.60 per Share and accompanying warrants (the \"Offering Price\"), as disclosed in the Form 8-K filed by Ontrak with the SEC on November 15, 2023. In accordance with the Fifth Amendment, prior to the closing of the Offering, Ontrak issued 18,054,791 Shares to Humanitario Capital LLC, an entity wholly owned by Acuitas (\"Humanitario\"), upon conversion of the aggregate principal amount of all outstanding Keep Well Notes previously issued to Acuitas Capital under the Keep Well Agreement, plus all accrued and unpaid interest thereon, minus $7.0 million (the \"Notes Conversion\"), in accordance with the terms (including the conversion price) of the Keep Well Agreement and the Keep Well Notes."},{"field":"price","element":"transactionPricePerShare","label":"F9","text":"The Fifth Amendment requires Ontrak to seek stockholder approval (the \"Stockholder Approval\") under Nasdaq rules for (a) the issuance of the Shares issuable upon exercise of the Private Placement Securities that, together with the Shares issuable upon exercise of the warrants sold by Ontrak in the Offering, exceed the maximum number of Shares permitted to be issued without such approval under Nasdaq rules, (b) the Notes Conversion Modification (defined below), (c) the elimination of the 90% beneficial ownership limitation under the Keep Well Agreement that prohibited the issuance of Shares to Acuitas Capital and its affiliates upon conversion of any Keep Well Note or exercise of any Keep Well Warrant, and (d) any other terms of the Offering, the Private Placement Securities and/or the Fifth Amendment requiring stockholder approval under Nasdaq rules, including the Warrant Adjustment Provisions."},{"field":"price","element":"transactionPricePerShare","label":"F10","text":"The Offering Price was less than the conversion price at which the Keep Well Notes were converted in the Notes Conversion. Pursuant to the Fifth Amendment, upon effectiveness of the Stockholder Approval, Ontrak will issue additional Shares to Acuitas Capital such that the total number of Shares issued in respect of the Notes Conversion plus such additional Shares will equal the number of Shares that would have been issued in respect of the Notes Conversion had the Keep Well Notes been converted therein at a conversion price equal to the Offering Price, the exercise price of the Conversion Warrant will be reduced to the Offering Price, and the number of Shares subject to the Conversion Warrant will be increased to the number of Shares that would have been subject thereto had the Keep Well Notes been converted in the Notes Conversion at a conversion price equal to the Offering Price (collectively, the \"Notes Conversion Modifications\")."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"As previously disclosed, Ontrak previously issued to Acuitas Capital LLC, an entity wholly owned by Acuitas (\"Acuitas Capital\"), senior secured convertible notes (the \"Keep Well Notes\") in the principal amounts of $5 million, $6 million, $4 million and $4 million on July 15, 2022, September 7, 2022, January 5, 2023 and March 6, 2023, respectively, pursuant to the Master Note Purchase Agreement, dated as of April 15, 2022, by and among Ontrak, Acuitas Capital and the other parties thereto, as last amended by the Fifth Amendment thereto made as of October 31, 2023 (the \"Fifth Amendment\"), and as modified by the letter agreement made as of November 9, 2023 (as amended, the \"Keep Well Agreement\")."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F3","text":"Under the terms of the Keep Well Agreement, prior to the Notes Conversion (as defined below), the Keep Well Notes had a maturity date of September 30, 2024. Acuitas Capital, at its option, has the right to convert the entire principal amount of the Keep Well Notes outstanding, plus all accrued and unpaid interest thereon, in whole or in part, into shares of Ontrak's common stock (\"Shares\") at a conversion price equal to the lesser of (a) $2.40 per share (as may be adjusted) and (b) the greater of (i) the closing price of Ontrak's common stock on the trading day immediately prior to the conversion and (ii) $0.90 per share (as may be adjusted)."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F5","text":"On November 14, 2023, Ontrak completed its previously announced public offering (the \"Offering\") of Shares and warrants to purchase Shares at a combined public offering price of $0.60 per Share and accompanying warrants (the \"Offering Price\"), as disclosed in the Form 8-K filed by Ontrak with the SEC on November 15, 2023. In accordance with the Fifth Amendment, prior to the closing of the Offering, Ontrak issued 18,054,791 Shares to Humanitario Capital LLC, an entity wholly owned by Acuitas (\"Humanitario\"), upon conversion of the aggregate principal amount of all outstanding Keep Well Notes previously issued to Acuitas Capital under the Keep Well Agreement, plus all accrued and unpaid interest thereon, minus $7.0 million (the \"Notes Conversion\"), in accordance with the terms (including the conversion price) of the Keep Well Agreement and the Keep Well Notes."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F9","text":"The Fifth Amendment requires Ontrak to seek stockholder approval (the \"Stockholder Approval\") under Nasdaq rules for (a) the issuance of the Shares issuable upon exercise of the Private Placement Securities that, together with the Shares issuable upon exercise of the warrants sold by Ontrak in the Offering, exceed the maximum number of Shares permitted to be issued without such approval under Nasdaq rules, (b) the Notes Conversion Modification (defined below), (c) the elimination of the 90% beneficial ownership limitation under the Keep Well Agreement that prohibited the issuance of Shares to Acuitas Capital and its affiliates upon conversion of any Keep Well Note or exercise of any Keep Well Warrant, and (d) any other terms of the Offering, the Private Placement Securities and/or the Fifth Amendment requiring stockholder approval under Nasdaq rules, including the Warrant Adjustment Provisions."},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F10","text":"The Offering Price was less than the conversion price at which the Keep Well Notes were converted in the Notes Conversion. Pursuant to the Fifth Amendment, upon effectiveness of the Stockholder Approval, Ontrak will issue additional Shares to Acuitas Capital such that the total number of Shares issued in respect of the Notes Conversion plus such additional Shares will equal the number of Shares that would have been issued in respect of the Notes Conversion had the Keep Well Notes been converted therein at a conversion price equal to the Offering Price, the exercise price of the Conversion Warrant will be reduced to the Offering Price, and the number of Shares subject to the Conversion Warrant will be increased to the number of Shares that would have been subject thereto had the Keep Well Notes been converted in the Notes Conversion at a conversion price equal to the Offering Price (collectively, the \"Notes Conversion Modifications\")."}],"derivative":{"exercise_price":0.9,"exercise_date":"2022-07-15","expiration_date":"2024-09-30","underlying":"Common Stock","underlying_shares":6990805},"source":{"system":"sec-edgar","filing":"0001104659-23-118825","document":"tm2330803-1_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465923118825/tm2330803-1_4seq1.xml","form_type":"4"}},{"id":1741465,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2023-11-15T18:17:48.000Z","date":"2023-11-14","kind":"exercise","planned":false,"acquired":true,"shares":18054791,"price":0.9,"value":16249311.9,"ownership":{"direct":false,"nature":"By Humanitario Capital LLC"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\") with respect to the issuer Ontrak, Inc. (\"Ontrak\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"shares","element":"transactionShares","label":"F5","text":"On November 14, 2023, Ontrak completed its previously announced public offering (the \"Offering\") of Shares and warrants to purchase Shares at a combined public offering price of $0.60 per Share and accompanying warrants (the \"Offering Price\"), as disclosed in the Form 8-K filed by Ontrak with the SEC on November 15, 2023. In accordance with the Fifth Amendment, prior to the closing of the Offering, Ontrak issued 18,054,791 Shares to Humanitario Capital LLC, an entity wholly owned by Acuitas (\"Humanitario\"), upon conversion of the aggregate principal amount of all outstanding Keep Well Notes previously issued to Acuitas Capital under the Keep Well Agreement, plus all accrued and unpaid interest thereon, minus $7.0 million (the \"Notes Conversion\"), in accordance with the terms (including the conversion price) of the Keep Well Agreement and the Keep Well Notes."},{"field":"shares","element":"transactionShares","label":"F9","text":"The Fifth Amendment requires Ontrak to seek stockholder approval (the \"Stockholder Approval\") under Nasdaq rules for (a) the issuance of the Shares issuable upon exercise of the Private Placement Securities that, together with the Shares issuable upon exercise of the warrants sold by Ontrak in the Offering, exceed the maximum number of Shares permitted to be issued without such approval under Nasdaq rules, (b) the Notes Conversion Modification (defined below), (c) the elimination of the 90% beneficial ownership limitation under the Keep Well Agreement that prohibited the issuance of Shares to Acuitas Capital and its affiliates upon conversion of any Keep Well Note or exercise of any Keep Well Warrant, and (d) any other terms of the Offering, the Private Placement Securities and/or the Fifth Amendment requiring stockholder approval under Nasdaq rules, including the Warrant Adjustment Provisions."},{"field":"shares","element":"transactionShares","label":"F10","text":"The Offering Price was less than the conversion price at which the Keep Well Notes were converted in the Notes Conversion. Pursuant to the Fifth Amendment, upon effectiveness of the Stockholder Approval, Ontrak will issue additional Shares to Acuitas Capital such that the total number of Shares issued in respect of the Notes Conversion plus such additional Shares will equal the number of Shares that would have been issued in respect of the Notes Conversion had the Keep Well Notes been converted therein at a conversion price equal to the Offering Price, the exercise price of the Conversion Warrant will be reduced to the Offering Price, and the number of Shares subject to the Conversion Warrant will be increased to the number of Shares that would have been subject thereto had the Keep Well Notes been converted in the Notes Conversion at a conversion price equal to the Offering Price (collectively, the \"Notes Conversion Modifications\")."},{"field":"price","element":"transactionPricePerShare","label":"F5","text":"On November 14, 2023, Ontrak completed its previously announced public offering (the \"Offering\") of Shares and warrants to purchase Shares at a combined public offering price of $0.60 per Share and accompanying warrants (the \"Offering Price\"), as disclosed in the Form 8-K filed by Ontrak with the SEC on November 15, 2023. In accordance with the Fifth Amendment, prior to the closing of the Offering, Ontrak issued 18,054,791 Shares to Humanitario Capital LLC, an entity wholly owned by Acuitas (\"Humanitario\"), upon conversion of the aggregate principal amount of all outstanding Keep Well Notes previously issued to Acuitas Capital under the Keep Well Agreement, plus all accrued and unpaid interest thereon, minus $7.0 million (the \"Notes Conversion\"), in accordance with the terms (including the conversion price) of the Keep Well Agreement and the Keep Well Notes."},{"field":"price","element":"transactionPricePerShare","label":"F9","text":"The Fifth Amendment requires Ontrak to seek stockholder approval (the \"Stockholder Approval\") under Nasdaq rules for (a) the issuance of the Shares issuable upon exercise of the Private Placement Securities that, together with the Shares issuable upon exercise of the warrants sold by Ontrak in the Offering, exceed the maximum number of Shares permitted to be issued without such approval under Nasdaq rules, (b) the Notes Conversion Modification (defined below), (c) the elimination of the 90% beneficial ownership limitation under the Keep Well Agreement that prohibited the issuance of Shares to Acuitas Capital and its affiliates upon conversion of any Keep Well Note or exercise of any Keep Well Warrant, and (d) any other terms of the Offering, the Private Placement Securities and/or the Fifth Amendment requiring stockholder approval under Nasdaq rules, including the Warrant Adjustment Provisions."},{"field":"price","element":"transactionPricePerShare","label":"F10","text":"The Offering Price was less than the conversion price at which the Keep Well Notes were converted in the Notes Conversion. Pursuant to the Fifth Amendment, upon effectiveness of the Stockholder Approval, Ontrak will issue additional Shares to Acuitas Capital such that the total number of Shares issued in respect of the Notes Conversion plus such additional Shares will equal the number of Shares that would have been issued in respect of the Notes Conversion had the Keep Well Notes been converted therein at a conversion price equal to the Offering Price, the exercise price of the Conversion Warrant will be reduced to the Offering Price, and the number of Shares subject to the Conversion Warrant will be increased to the number of Shares that would have been subject thereto had the Keep Well Notes been converted in the Notes Conversion at a conversion price equal to the Offering Price (collectively, the \"Notes Conversion Modifications\")."}],"balance_after":18054791,"source":{"system":"sec-edgar","filing":"0001104659-23-118825","document":"tm2330803-1_4seq1.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465923118825/tm2330803-1_4seq1.xml","form_type":"4"}},{"id":1964187,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Senior Secured Convertible Note","published_at":"2023-03-08T17:19:07.000Z","date":"2023-03-06","kind":"purchase","acquired":true,"shares":10000000,"ownership":{"direct":false,"nature":"By Acuitas"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer and Acuitas Group Holdings, LLC (\"Acuitas\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"security","element":"securityTitle","label":"F3","text":"Pursuant to the Keep Well Agreement, a senior secured convertible note was issued to Acuitas Capital in the amount of $4,000,000 that gives Acuitas Capital, at its election, the right to convert the entire principal amount of such note, plus all accrued and unpaid interest thereon, in whole or in part, into shares of the issuer's common stock at a conversion price of $0.40, subject to future price adjustments. The senior secured convertible note matures on June 30, 2024."},{"field":"date","element":"transactionDate","label":"F3","text":"Pursuant to the Keep Well Agreement, a senior secured convertible note was issued to Acuitas Capital in the amount of $4,000,000 that gives Acuitas Capital, at its election, the right to convert the entire principal amount of such note, plus all accrued and unpaid interest thereon, in whole or in part, into shares of the issuer's common stock at a conversion price of $0.40, subject to future price adjustments. The senior secured convertible note matures on June 30, 2024."},{"field":"price","element":"transactionPricePerShare","label":"F3","text":"Pursuant to the Keep Well Agreement, a senior secured convertible note was issued to Acuitas Capital in the amount of $4,000,000 that gives Acuitas Capital, at its election, the right to convert the entire principal amount of such note, plus all accrued and unpaid interest thereon, in whole or in part, into shares of the issuer's common stock at a conversion price of $0.40, subject to future price adjustments. The senior secured convertible note matures on June 30, 2024."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"Pursuant to the Keep Well Agreement, a senior secured convertible note was issued to Acuitas Capital in the amount of $4,000,000 that gives Acuitas Capital, at its election, the right to convert the entire principal amount of such note, plus all accrued and unpaid interest thereon, in whole or in part, into shares of the issuer's common stock at a conversion price of $0.40, subject to future price adjustments. The senior secured convertible note matures on June 30, 2024."}],"balance_after":10000000,"derivative":{"exercise_price":0.4,"expiration_date":"2024-06-30","underlying":"Common Stock","underlying_shares":10000000},"source":{"system":"sec-edgar","filing":"0001104659-23-030158","document":"tm238745-3_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465923030158/tm238745-3_4seq1.xml","form_type":"4"}},{"id":1964186,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Warrant","published_at":"2023-03-08T17:19:07.000Z","date":"2023-03-06","kind":"purchase","acquired":true,"shares":8888889,"ownership":{"direct":false,"nature":"By Acuitas"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer and Acuitas Group Holdings, LLC (\"Acuitas\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"security","element":"securityTitle","label":"F2","text":"This warrant was issued to Acuitas in connection with the purchase by Acuitas Capital LLC (\"Acuitas Capital\"), an entity wholly owned by Acuitas, from the issuer of a senior secured convertible note in the principal amount of $4,000,000 pursuant to that certain Master Note Purchase Agreement among the issuer, Acuitas Capital and certain other parties dated as of April 15, 2022, which was amended by a Second Amendment to Master Note Purchase Agreement dated as of November 19, 2022, and by a Third Amendment to Master Note Purchase Agreement dated as of December 30, 2022 (the Master Note Purchase Agreement as amended to date, the \"Keep Well Agreement\")."},{"field":"date","element":"transactionDate","label":"F2","text":"This warrant was issued to Acuitas in connection with the purchase by Acuitas Capital LLC (\"Acuitas Capital\"), an entity wholly owned by Acuitas, from the issuer of a senior secured convertible note in the principal amount of $4,000,000 pursuant to that certain Master Note Purchase Agreement among the issuer, Acuitas Capital and certain other parties dated as of April 15, 2022, which was amended by a Second Amendment to Master Note Purchase Agreement dated as of November 19, 2022, and by a Third Amendment to Master Note Purchase Agreement dated as of December 30, 2022 (the Master Note Purchase Agreement as amended to date, the \"Keep Well Agreement\")."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"This warrant was issued to Acuitas in connection with the purchase by Acuitas Capital LLC (\"Acuitas Capital\"), an entity wholly owned by Acuitas, from the issuer of a senior secured convertible note in the principal amount of $4,000,000 pursuant to that certain Master Note Purchase Agreement among the issuer, Acuitas Capital and certain other parties dated as of April 15, 2022, which was amended by a Second Amendment to Master Note Purchase Agreement dated as of November 19, 2022, and by a Third Amendment to Master Note Purchase Agreement dated as of December 30, 2022 (the Master Note Purchase Agreement as amended to date, the \"Keep Well Agreement\")."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"This warrant was issued to Acuitas in connection with the purchase by Acuitas Capital LLC (\"Acuitas Capital\"), an entity wholly owned by Acuitas, from the issuer of a senior secured convertible note in the principal amount of $4,000,000 pursuant to that certain Master Note Purchase Agreement among the issuer, Acuitas Capital and certain other parties dated as of April 15, 2022, which was amended by a Second Amendment to Master Note Purchase Agreement dated as of November 19, 2022, and by a Third Amendment to Master Note Purchase Agreement dated as of December 30, 2022 (the Master Note Purchase Agreement as amended to date, the \"Keep Well Agreement\")."}],"balance_after":8888889,"derivative":{"exercise_price":0.45,"expiration_date":"2028-03-06","underlying":"Common Stock","underlying_shares":8888889},"source":{"system":"sec-edgar","filing":"0001104659-23-030158","document":"tm238745-3_4seq1.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/904534/000110465923030158/tm238745-3_4seq1.xml","form_type":"4"}},{"id":1997128,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":true,"officer":true,"ten_percent_owner":true,"officer_title":"CEO and Chairman of the Board"}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"ten_percent_owner":true}}],"security":"Senior Secured Convertible Note","published_at":"2023-02-23T21:38:21.000Z","date":"2023-02-21","kind":"grant","acquired":true,"shares":37500000,"ownership":{"direct":false,"nature":"By Acuitas"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer and Acuitas Group Holdings, LLC (\"Acuitas\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas. Acuitas Capital LLC (\"Acuitas Capital\"), an entity wholly owned by Acuitas, entered into a Master Note Purchase Agreement with the issuer and certain other parties dated as of April 15, 2022, which was amended by a Second Amendment to Master Note Purchase Agreement dated as of November 19, 2022, and by a Third Amendment to Master Note Purchase Agreement dated as of December 30, 2022 (the Master Note Purchase Agreement as amended to date, the \"Keep Well Agreement\")."},{"field":"security","element":"securityTitle","label":"F7","text":"Pursuant to the Keep Well Agreement, the issuer agreed to exchange senior secured notes in the aggregate principal amount of $15.0 million previously issued to Acuitas Capital, for senior secured convertible notes that give Acuitas Capital, at its election, the right to convert the entire principal amount of such notes, plus all accrued and unpaid interest thereon, in whole or in part, into shares of the issuer's common stock at a conversion price of $0.40, subject to future price adjustments, subject to the issuer obtaining stockholder approval of the foregoing and, the right to receive any such shares upon any such conversion, the Charter Amendment Acceptance occurring. The number of shares reported in Column 5 assumes that all accrued interest is paid in cash."},{"field":"date","element":"transactionDate","label":"F7","text":"Pursuant to the Keep Well Agreement, the issuer agreed to exchange senior secured notes in the aggregate principal amount of $15.0 million previously issued to Acuitas Capital, for senior secured convertible notes that give Acuitas Capital, at its election, the right to convert the entire principal amount of such notes, plus all accrued and unpaid interest thereon, in whole or in part, into shares of the issuer's common stock at a conversion price of $0.40, subject to future price adjustments, subject to the issuer obtaining stockholder approval of the foregoing and, the right to receive any such shares upon any such conversion, the Charter Amendment Acceptance occurring. The number of shares reported in Column 5 assumes that all accrued interest is paid in cash."},{"field":"price","element":"transactionPricePerShare","label":"F7","text":"Pursuant to the Keep Well Agreement, the issuer agreed to exchange senior secured notes in the aggregate principal amount of $15.0 million previously issued to Acuitas Capital, for senior secured convertible notes that give Acuitas Capital, at its election, the right to convert the entire principal amount of such notes, plus all accrued and unpaid interest thereon, in whole or in part, into shares of the issuer's common stock at a conversion price of $0.40, subject to future price adjustments, subject to the issuer obtaining stockholder approval of the foregoing and, the right to receive any such shares upon any such conversion, the Charter Amendment Acceptance occurring. The number of shares reported in Column 5 assumes that all accrued interest is paid in cash."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F7","text":"Pursuant to the Keep Well Agreement, the issuer agreed to exchange senior secured notes in the aggregate principal amount of $15.0 million previously issued to Acuitas Capital, for senior secured convertible notes that give Acuitas Capital, at its election, the right to convert the entire principal amount of such notes, plus all accrued and unpaid interest thereon, in whole or in part, into shares of the issuer's common stock at a conversion price of $0.40, subject to future price adjustments, subject to the issuer obtaining stockholder approval of the foregoing and, the right to receive any such shares upon any such conversion, the Charter Amendment Acceptance occurring. The number of shares reported in Column 5 assumes that all accrued interest is paid in cash."}],"balance_after":37500000,"derivative":{"exercise_price":0.4,"expiration_date":"2024-06-30","underlying":"Common Stock","underlying_shares":37500000},"source":{"system":"sec-edgar","filing":"0001437749-23-004451","document":"rdgdoc.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":9,"url":"https://www.sec.gov/Archives/edgar/data/904534/000143774923004451/rdgdoc.xml","form_type":"4"}},{"id":1997127,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":true,"officer":true,"ten_percent_owner":true,"officer_title":"CEO and Chairman of the Board"}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"ten_percent_owner":true}}],"security":"Warrant","published_at":"2023-02-23T21:38:21.000Z","date":"2023-02-21","kind":"grant","acquired":true,"shares":8888889,"ownership":{"direct":false,"nature":"By Acuitas"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer and Acuitas Group Holdings, LLC (\"Acuitas\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas. Acuitas Capital LLC (\"Acuitas Capital\"), an entity wholly owned by Acuitas, entered into a Master Note Purchase Agreement with the issuer and certain other parties dated as of April 15, 2022, which was amended by a Second Amendment to Master Note Purchase Agreement dated as of November 19, 2022, and by a Third Amendment to Master Note Purchase Agreement dated as of December 30, 2022 (the Master Note Purchase Agreement as amended to date, the \"Keep Well Agreement\")."},{"field":"security","element":"securityTitle","label":"F6","text":"Pursuant to the Keep Well Agreement, the issuer agreed to exchange warrants to purchase 473,373 shares of the issuer's common stock with an exercise price of $1.69 per share previously issued to Acuitas on January 5, 2023, for warrants to purchase 8,888,889 shares of the issuer's common stock with an exercise price of $0.45 per share, subject to future price adjustments, subject to the issuer obtaining stockholder approval of the foregoing and the Charter Amendment Acceptance occurring."},{"field":"date","element":"transactionDate","label":"F6","text":"Pursuant to the Keep Well Agreement, the issuer agreed to exchange warrants to purchase 473,373 shares of the issuer's common stock with an exercise price of $1.69 per share previously issued to Acuitas on January 5, 2023, for warrants to purchase 8,888,889 shares of the issuer's common stock with an exercise price of $0.45 per share, subject to future price adjustments, subject to the issuer obtaining stockholder approval of the foregoing and the Charter Amendment Acceptance occurring."},{"field":"price","element":"transactionPricePerShare","label":"F6","text":"Pursuant to the Keep Well Agreement, the issuer agreed to exchange warrants to purchase 473,373 shares of the issuer's common stock with an exercise price of $1.69 per share previously issued to Acuitas on January 5, 2023, for warrants to purchase 8,888,889 shares of the issuer's common stock with an exercise price of $0.45 per share, subject to future price adjustments, subject to the issuer obtaining stockholder approval of the foregoing and the Charter Amendment Acceptance occurring."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F6","text":"Pursuant to the Keep Well Agreement, the issuer agreed to exchange warrants to purchase 473,373 shares of the issuer's common stock with an exercise price of $1.69 per share previously issued to Acuitas on January 5, 2023, for warrants to purchase 8,888,889 shares of the issuer's common stock with an exercise price of $0.45 per share, subject to future price adjustments, subject to the issuer obtaining stockholder approval of the foregoing and the Charter Amendment Acceptance occurring."}],"balance_after":8888889,"derivative":{"exercise_price":0.45,"expiration_date":"2028-01-05","underlying":"Common Stock","underlying_shares":8888889},"source":{"system":"sec-edgar","filing":"0001437749-23-004451","document":"rdgdoc.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":8,"url":"https://www.sec.gov/Archives/edgar/data/904534/000143774923004451/rdgdoc.xml","form_type":"4"}},{"id":1997126,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":true,"officer":true,"ten_percent_owner":true,"officer_title":"CEO and Chairman of the Board"}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"ten_percent_owner":true}}],"security":"Warrant","published_at":"2023-02-23T21:38:21.000Z","date":"2023-02-21","kind":"disposition_to_issuer","acquired":false,"shares":473373,"ownership":{"direct":false,"nature":"By Acuitas"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer and Acuitas Group Holdings, LLC (\"Acuitas\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas. Acuitas Capital LLC (\"Acuitas Capital\"), an entity wholly owned by Acuitas, entered into a Master Note Purchase Agreement with the issuer and certain other parties dated as of April 15, 2022, which was amended by a Second Amendment to Master Note Purchase Agreement dated as of November 19, 2022, and by a Third Amendment to Master Note Purchase Agreement dated as of December 30, 2022 (the Master Note Purchase Agreement as amended to date, the \"Keep Well Agreement\")."},{"field":"security","element":"securityTitle","label":"F6","text":"Pursuant to the Keep Well Agreement, the issuer agreed to exchange warrants to purchase 473,373 shares of the issuer's common stock with an exercise price of $1.69 per share previously issued to Acuitas on January 5, 2023, for warrants to purchase 8,888,889 shares of the issuer's common stock with an exercise price of $0.45 per share, subject to future price adjustments, subject to the issuer obtaining stockholder approval of the foregoing and the Charter Amendment Acceptance occurring."},{"field":"date","element":"transactionDate","label":"F6","text":"Pursuant to the Keep Well Agreement, the issuer agreed to exchange warrants to purchase 473,373 shares of the issuer's common stock with an exercise price of $1.69 per share previously issued to Acuitas on January 5, 2023, for warrants to purchase 8,888,889 shares of the issuer's common stock with an exercise price of $0.45 per share, subject to future price adjustments, subject to the issuer obtaining stockholder approval of the foregoing and the Charter Amendment Acceptance occurring."},{"field":"price","element":"transactionPricePerShare","label":"F6","text":"Pursuant to the Keep Well Agreement, the issuer agreed to exchange warrants to purchase 473,373 shares of the issuer's common stock with an exercise price of $1.69 per share previously issued to Acuitas on January 5, 2023, for warrants to purchase 8,888,889 shares of the issuer's common stock with an exercise price of $0.45 per share, subject to future price adjustments, subject to the issuer obtaining stockholder approval of the foregoing and the Charter Amendment Acceptance occurring."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F6","text":"Pursuant to the Keep Well Agreement, the issuer agreed to exchange warrants to purchase 473,373 shares of the issuer's common stock with an exercise price of $1.69 per share previously issued to Acuitas on January 5, 2023, for warrants to purchase 8,888,889 shares of the issuer's common stock with an exercise price of $0.45 per share, subject to future price adjustments, subject to the issuer obtaining stockholder approval of the foregoing and the Charter Amendment Acceptance occurring."}],"balance_after":0,"derivative":{"exercise_price":1.69,"expiration_date":"2028-01-05","underlying":"Common Stock","underlying_shares":473373},"source":{"system":"sec-edgar","filing":"0001437749-23-004451","document":"rdgdoc.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":7,"url":"https://www.sec.gov/Archives/edgar/data/904534/000143774923004451/rdgdoc.xml","form_type":"4"}},{"id":1997125,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":true,"officer":true,"ten_percent_owner":true,"officer_title":"CEO and Chairman of the Board"}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"ten_percent_owner":true}}],"security":"Warrant","published_at":"2023-02-23T21:38:21.000Z","date":"2023-02-21","kind":"grant","acquired":true,"shares":13333333,"ownership":{"direct":false,"nature":"By Acuitas"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer and Acuitas Group Holdings, LLC (\"Acuitas\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas. Acuitas Capital LLC (\"Acuitas Capital\"), an entity wholly owned by Acuitas, entered into a Master Note Purchase Agreement with the issuer and certain other parties dated as of April 15, 2022, which was amended by a Second Amendment to Master Note Purchase Agreement dated as of November 19, 2022, and by a Third Amendment to Master Note Purchase Agreement dated as of December 30, 2022 (the Master Note Purchase Agreement as amended to date, the \"Keep Well Agreement\")."},{"field":"security","element":"securityTitle","label":"F5","text":"Pursuant to the Keep Well Agreement, the issuer agreed to exchange warrants to purchase 710,059 shares of the issuer's common stock with an exercise price of $1.69 per share previously issued to Acuitas on September 7, 2022, for warrants to purchase 13,333,333 shares of the issuer's common stock with an exercise price of $0.45 per share, subject to future price adjustments, subject to the issuer obtaining stockholder approval of the foregoing and the Charter Amendment Acceptance occurring."},{"field":"date","element":"transactionDate","label":"F5","text":"Pursuant to the Keep Well Agreement, the issuer agreed to exchange warrants to purchase 710,059 shares of the issuer's common stock with an exercise price of $1.69 per share previously issued to Acuitas on September 7, 2022, for warrants to purchase 13,333,333 shares of the issuer's common stock with an exercise price of $0.45 per share, subject to future price adjustments, subject to the issuer obtaining stockholder approval of the foregoing and the Charter Amendment Acceptance occurring."},{"field":"price","element":"transactionPricePerShare","label":"F5","text":"Pursuant to the Keep Well Agreement, the issuer agreed to exchange warrants to purchase 710,059 shares of the issuer's common stock with an exercise price of $1.69 per share previously issued to Acuitas on September 7, 2022, for warrants to purchase 13,333,333 shares of the issuer's common stock with an exercise price of $0.45 per share, subject to future price adjustments, subject to the issuer obtaining stockholder approval of the foregoing and the Charter Amendment Acceptance occurring."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F5","text":"Pursuant to the Keep Well Agreement, the issuer agreed to exchange warrants to purchase 710,059 shares of the issuer's common stock with an exercise price of $1.69 per share previously issued to Acuitas on September 7, 2022, for warrants to purchase 13,333,333 shares of the issuer's common stock with an exercise price of $0.45 per share, subject to future price adjustments, subject to the issuer obtaining stockholder approval of the foregoing and the Charter Amendment Acceptance occurring."}],"balance_after":13333333,"derivative":{"exercise_price":0.45,"expiration_date":"2027-09-07","underlying":"Common Stock","underlying_shares":13333333},"source":{"system":"sec-edgar","filing":"0001437749-23-004451","document":"rdgdoc.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":6,"url":"https://www.sec.gov/Archives/edgar/data/904534/000143774923004451/rdgdoc.xml","form_type":"4"}},{"id":1997124,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":true,"officer":true,"ten_percent_owner":true,"officer_title":"CEO and Chairman of the Board"}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"ten_percent_owner":true}}],"security":"Warrant","published_at":"2023-02-23T21:38:21.000Z","date":"2023-02-21","kind":"disposition_to_issuer","acquired":false,"shares":710059,"ownership":{"direct":false,"nature":"By Acuitas"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer and Acuitas Group Holdings, LLC (\"Acuitas\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas. Acuitas Capital LLC (\"Acuitas Capital\"), an entity wholly owned by Acuitas, entered into a Master Note Purchase Agreement with the issuer and certain other parties dated as of April 15, 2022, which was amended by a Second Amendment to Master Note Purchase Agreement dated as of November 19, 2022, and by a Third Amendment to Master Note Purchase Agreement dated as of December 30, 2022 (the Master Note Purchase Agreement as amended to date, the \"Keep Well Agreement\")."},{"field":"security","element":"securityTitle","label":"F5","text":"Pursuant to the Keep Well Agreement, the issuer agreed to exchange warrants to purchase 710,059 shares of the issuer's common stock with an exercise price of $1.69 per share previously issued to Acuitas on September 7, 2022, for warrants to purchase 13,333,333 shares of the issuer's common stock with an exercise price of $0.45 per share, subject to future price adjustments, subject to the issuer obtaining stockholder approval of the foregoing and the Charter Amendment Acceptance occurring."},{"field":"date","element":"transactionDate","label":"F5","text":"Pursuant to the Keep Well Agreement, the issuer agreed to exchange warrants to purchase 710,059 shares of the issuer's common stock with an exercise price of $1.69 per share previously issued to Acuitas on September 7, 2022, for warrants to purchase 13,333,333 shares of the issuer's common stock with an exercise price of $0.45 per share, subject to future price adjustments, subject to the issuer obtaining stockholder approval of the foregoing and the Charter Amendment Acceptance occurring."},{"field":"price","element":"transactionPricePerShare","label":"F5","text":"Pursuant to the Keep Well Agreement, the issuer agreed to exchange warrants to purchase 710,059 shares of the issuer's common stock with an exercise price of $1.69 per share previously issued to Acuitas on September 7, 2022, for warrants to purchase 13,333,333 shares of the issuer's common stock with an exercise price of $0.45 per share, subject to future price adjustments, subject to the issuer obtaining stockholder approval of the foregoing and the Charter Amendment Acceptance occurring."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F5","text":"Pursuant to the Keep Well Agreement, the issuer agreed to exchange warrants to purchase 710,059 shares of the issuer's common stock with an exercise price of $1.69 per share previously issued to Acuitas on September 7, 2022, for warrants to purchase 13,333,333 shares of the issuer's common stock with an exercise price of $0.45 per share, subject to future price adjustments, subject to the issuer obtaining stockholder approval of the foregoing and the Charter Amendment Acceptance occurring."}],"balance_after":0,"derivative":{"exercise_price":1.69,"expiration_date":"2027-09-07","underlying":"Common Stock","underlying_shares":710059},"source":{"system":"sec-edgar","filing":"0001437749-23-004451","document":"rdgdoc.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":5,"url":"https://www.sec.gov/Archives/edgar/data/904534/000143774923004451/rdgdoc.xml","form_type":"4"}},{"id":1997123,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":true,"officer":true,"ten_percent_owner":true,"officer_title":"CEO and Chairman of the Board"}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"ten_percent_owner":true}}],"security":"Warrant","published_at":"2023-02-23T21:38:21.000Z","date":"2023-02-21","kind":"grant","acquired":true,"shares":11111111,"ownership":{"direct":false,"nature":"By Acuitas"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer and Acuitas Group Holdings, LLC (\"Acuitas\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas. Acuitas Capital LLC (\"Acuitas Capital\"), an entity wholly owned by Acuitas, entered into a Master Note Purchase Agreement with the issuer and certain other parties dated as of April 15, 2022, which was amended by a Second Amendment to Master Note Purchase Agreement dated as of November 19, 2022, and by a Third Amendment to Master Note Purchase Agreement dated as of December 30, 2022 (the Master Note Purchase Agreement as amended to date, the \"Keep Well Agreement\")."},{"field":"security","element":"securityTitle","label":"F4","text":"Pursuant to the Keep Well Agreement, the issuer agreed to exchange warrants to purchase 591,716 shares of the issuer's common stock with an exercise price of $1.69 per share previously issued to Acuitas on August 29, 2022, for warrants to purchase 11,111,111 shares of the issuer's common stock with an exercise price of $0.45 per share, subject to future price adjustments, subject to the issuer obtaining stockholder approval of the foregoing and the Charter Amendment Acceptance occurring."},{"field":"date","element":"transactionDate","label":"F4","text":"Pursuant to the Keep Well Agreement, the issuer agreed to exchange warrants to purchase 591,716 shares of the issuer's common stock with an exercise price of $1.69 per share previously issued to Acuitas on August 29, 2022, for warrants to purchase 11,111,111 shares of the issuer's common stock with an exercise price of $0.45 per share, subject to future price adjustments, subject to the issuer obtaining stockholder approval of the foregoing and the Charter Amendment Acceptance occurring."},{"field":"price","element":"transactionPricePerShare","label":"F4","text":"Pursuant to the Keep Well Agreement, the issuer agreed to exchange warrants to purchase 591,716 shares of the issuer's common stock with an exercise price of $1.69 per share previously issued to Acuitas on August 29, 2022, for warrants to purchase 11,111,111 shares of the issuer's common stock with an exercise price of $0.45 per share, subject to future price adjustments, subject to the issuer obtaining stockholder approval of the foregoing and the Charter Amendment Acceptance occurring."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"Pursuant to the Keep Well Agreement, the issuer agreed to exchange warrants to purchase 591,716 shares of the issuer's common stock with an exercise price of $1.69 per share previously issued to Acuitas on August 29, 2022, for warrants to purchase 11,111,111 shares of the issuer's common stock with an exercise price of $0.45 per share, subject to future price adjustments, subject to the issuer obtaining stockholder approval of the foregoing and the Charter Amendment Acceptance occurring."}],"balance_after":11111111,"derivative":{"exercise_price":0.45,"expiration_date":"2027-08-29","underlying":"Common Stock","underlying_shares":11111111},"source":{"system":"sec-edgar","filing":"0001437749-23-004451","document":"rdgdoc.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/904534/000143774923004451/rdgdoc.xml","form_type":"4"}},{"id":1997122,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":true,"officer":true,"ten_percent_owner":true,"officer_title":"CEO and Chairman of the Board"}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"ten_percent_owner":true}}],"security":"Warrant","published_at":"2023-02-23T21:38:21.000Z","date":"2023-02-21","kind":"disposition_to_issuer","acquired":false,"shares":591716,"ownership":{"direct":false,"nature":"By Acuitas"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer and Acuitas Group Holdings, LLC (\"Acuitas\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas. Acuitas Capital LLC (\"Acuitas Capital\"), an entity wholly owned by Acuitas, entered into a Master Note Purchase Agreement with the issuer and certain other parties dated as of April 15, 2022, which was amended by a Second Amendment to Master Note Purchase Agreement dated as of November 19, 2022, and by a Third Amendment to Master Note Purchase Agreement dated as of December 30, 2022 (the Master Note Purchase Agreement as amended to date, the \"Keep Well Agreement\")."},{"field":"security","element":"securityTitle","label":"F4","text":"Pursuant to the Keep Well Agreement, the issuer agreed to exchange warrants to purchase 591,716 shares of the issuer's common stock with an exercise price of $1.69 per share previously issued to Acuitas on August 29, 2022, for warrants to purchase 11,111,111 shares of the issuer's common stock with an exercise price of $0.45 per share, subject to future price adjustments, subject to the issuer obtaining stockholder approval of the foregoing and the Charter Amendment Acceptance occurring."},{"field":"date","element":"transactionDate","label":"F4","text":"Pursuant to the Keep Well Agreement, the issuer agreed to exchange warrants to purchase 591,716 shares of the issuer's common stock with an exercise price of $1.69 per share previously issued to Acuitas on August 29, 2022, for warrants to purchase 11,111,111 shares of the issuer's common stock with an exercise price of $0.45 per share, subject to future price adjustments, subject to the issuer obtaining stockholder approval of the foregoing and the Charter Amendment Acceptance occurring."},{"field":"price","element":"transactionPricePerShare","label":"F4","text":"Pursuant to the Keep Well Agreement, the issuer agreed to exchange warrants to purchase 591,716 shares of the issuer's common stock with an exercise price of $1.69 per share previously issued to Acuitas on August 29, 2022, for warrants to purchase 11,111,111 shares of the issuer's common stock with an exercise price of $0.45 per share, subject to future price adjustments, subject to the issuer obtaining stockholder approval of the foregoing and the Charter Amendment Acceptance occurring."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"Pursuant to the Keep Well Agreement, the issuer agreed to exchange warrants to purchase 591,716 shares of the issuer's common stock with an exercise price of $1.69 per share previously issued to Acuitas on August 29, 2022, for warrants to purchase 11,111,111 shares of the issuer's common stock with an exercise price of $0.45 per share, subject to future price adjustments, subject to the issuer obtaining stockholder approval of the foregoing and the Charter Amendment Acceptance occurring."}],"balance_after":0,"derivative":{"exercise_price":1.69,"expiration_date":"2027-08-29","underlying":"Common Stock","underlying_shares":591716},"source":{"system":"sec-edgar","filing":"0001437749-23-004451","document":"rdgdoc.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/904534/000143774923004451/rdgdoc.xml","form_type":"4"}},{"id":1997121,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":true,"officer":true,"ten_percent_owner":true,"officer_title":"CEO and Chairman of the Board"}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"ten_percent_owner":true}}],"security":"Warrant","published_at":"2023-02-23T21:38:21.000Z","date":"2023-01-05","kind":"grant","acquired":true,"shares":473373,"ownership":{"direct":false,"nature":"By Acuitas"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer and Acuitas Group Holdings, LLC (\"Acuitas\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas. Acuitas Capital LLC (\"Acuitas Capital\"), an entity wholly owned by Acuitas, entered into a Master Note Purchase Agreement with the issuer and certain other parties dated as of April 15, 2022, which was amended by a Second Amendment to Master Note Purchase Agreement dated as of November 19, 2022, and by a Third Amendment to Master Note Purchase Agreement dated as of December 30, 2022 (the Master Note Purchase Agreement as amended to date, the \"Keep Well Agreement\")."},{"field":"security","element":"securityTitle","label":"F3","text":"On January 5, 2023, pursuant to the Keep Well Agreement, the issuer issued and sold a senior secured note in the principal amount of $4,000,000 to Acuitas Capital, and in connection therewith, the issuer issued this warrant to Acuitas Capital."},{"field":"date","element":"transactionDate","label":"F3","text":"On January 5, 2023, pursuant to the Keep Well Agreement, the issuer issued and sold a senior secured note in the principal amount of $4,000,000 to Acuitas Capital, and in connection therewith, the issuer issued this warrant to Acuitas Capital."},{"field":"price","element":"transactionPricePerShare","label":"F3","text":"On January 5, 2023, pursuant to the Keep Well Agreement, the issuer issued and sold a senior secured note in the principal amount of $4,000,000 to Acuitas Capital, and in connection therewith, the issuer issued this warrant to Acuitas Capital."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"On January 5, 2023, pursuant to the Keep Well Agreement, the issuer issued and sold a senior secured note in the principal amount of $4,000,000 to Acuitas Capital, and in connection therewith, the issuer issued this warrant to Acuitas Capital."}],"balance_after":473373,"derivative":{"exercise_price":1.69,"expiration_date":"2028-01-05","underlying":"Common Stock","underlying_shares":473373},"source":{"system":"sec-edgar","filing":"0001437749-23-004451","document":"rdgdoc.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/904534/000143774923004451/rdgdoc.xml","form_type":"4"}},{"id":1997120,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":true,"officer":true,"ten_percent_owner":true,"officer_title":"CEO and Chairman of the Board"}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"ten_percent_owner":true}}],"security":"Common Stock","published_at":"2023-02-23T21:38:21.000Z","date":"2023-02-21","kind":"grant","acquired":true,"shares":2038133,"ownership":{"direct":false,"nature":"By Acuitas"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer and Acuitas Group Holdings, LLC (\"Acuitas\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas. Acuitas Capital LLC (\"Acuitas Capital\"), an entity wholly owned by Acuitas, entered into a Master Note Purchase Agreement with the issuer and certain other parties dated as of April 15, 2022, which was amended by a Second Amendment to Master Note Purchase Agreement dated as of November 19, 2022, and by a Third Amendment to Master Note Purchase Agreement dated as of December 30, 2022 (the Master Note Purchase Agreement as amended to date, the \"Keep Well Agreement\")."},{"field":"date","element":"transactionDate","label":"F2","text":"Under the terms of the Keep Well Agreement, the issuer agreed to issue 2,038,133 shares of its common stock (the \"Commitment Shares\") to Acuitas Capital subject to conditions specified therein, including the issuer obtaining stockholder approval for the issuance of the Commitment Shares and an amendment to the issuer's certificate of incorporation being accepted for filing by the Delaware Secretary of State (the \"Charter Amendment Acceptance\"). Such stockholder approval (and the stockholder approvals described in footnotes 3 through 7, below) was obtained at the issuer's special meeting of stockholders held on February 20, 2023 (the \"Special Meeting\") and the Charter Amendment Acceptance occurred on February 21, 2023."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"Under the terms of the Keep Well Agreement, the issuer agreed to issue 2,038,133 shares of its common stock (the \"Commitment Shares\") to Acuitas Capital subject to conditions specified therein, including the issuer obtaining stockholder approval for the issuance of the Commitment Shares and an amendment to the issuer's certificate of incorporation being accepted for filing by the Delaware Secretary of State (the \"Charter Amendment Acceptance\"). Such stockholder approval (and the stockholder approvals described in footnotes 3 through 7, below) was obtained at the issuer's special meeting of stockholders held on February 20, 2023 (the \"Special Meeting\") and the Charter Amendment Acceptance occurred on February 21, 2023."}],"balance_after":11891933,"source":{"system":"sec-edgar","filing":"0001437749-23-004451","document":"rdgdoc.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/904534/000143774923004451/rdgdoc.xml","form_type":"4"}},{"id":2053110,"issuer":{"id":7702,"kind":"organization","name":"BIOVIE INC."},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":true,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"STOCK OPTION (RIGHT TO BUY)","published_at":"2023-01-18T16:21:52.000Z","date":"2022-11-23","kind":"grant","acquired":true,"shares":65000,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"Options granted pursuant to the Company's 2019 Omnibus Equity Incentive Plan."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"The options vest in four equal installments over a one-year period ending November 9, 2023."}],"balance_after":65000,"derivative":{"exercise_price":6.12,"expiration_date":"2032-11-23","underlying":"COMMON STOCK","underlying_shares":65000},"source":{"system":"sec-edgar","filing":"0001520138-23-000053","document":"ownership.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/904534/000152013823000053/ownership.xml","form_type":"4"}},{"id":2163526,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":true,"officer":true,"ten_percent_owner":true,"officer_title":"Chief Executive Officer"}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"ten_percent_owner":true}}],"security":"Warrant","published_at":"2022-09-08T16:15:02.000Z","date":"2022-09-07","kind":"grant","acquired":true,"shares":710059,"ownership":{"direct":false,"nature":"By Acuitas"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer and Acuitas Group Holdings, LLC (\"Acuitas\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"security","element":"securityTitle","label":"F2","text":"This warrant was issued to Acuitas in connection with the purchase by Acuitas Capital LLC (\"Acuitas Capital\"), an entity wholly owned by Acuitas, from the issuer of a senior secured note in the principal amount of $6,000,000 pursuant to that certain Master Note Purchase Agreement among the issuer, Acuitas Capital and certain other parties dated as of April 15, 2022."},{"field":"date","element":"transactionDate","label":"F2","text":"This warrant was issued to Acuitas in connection with the purchase by Acuitas Capital LLC (\"Acuitas Capital\"), an entity wholly owned by Acuitas, from the issuer of a senior secured note in the principal amount of $6,000,000 pursuant to that certain Master Note Purchase Agreement among the issuer, Acuitas Capital and certain other parties dated as of April 15, 2022."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"This warrant was issued to Acuitas in connection with the purchase by Acuitas Capital LLC (\"Acuitas Capital\"), an entity wholly owned by Acuitas, from the issuer of a senior secured note in the principal amount of $6,000,000 pursuant to that certain Master Note Purchase Agreement among the issuer, Acuitas Capital and certain other parties dated as of April 15, 2022."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"This warrant was issued to Acuitas in connection with the purchase by Acuitas Capital LLC (\"Acuitas Capital\"), an entity wholly owned by Acuitas, from the issuer of a senior secured note in the principal amount of $6,000,000 pursuant to that certain Master Note Purchase Agreement among the issuer, Acuitas Capital and certain other parties dated as of April 15, 2022."}],"balance_after":710059,"derivative":{"exercise_price":1.69,"expiration_date":"2027-09-07","underlying":"Common Stock","underlying_shares":710059},"source":{"system":"sec-edgar","filing":"0001437749-22-022060","document":"rdgdoc.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/904534/000143774922022060/rdgdoc.xml","form_type":"4"}},{"id":2170308,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":true,"officer":true,"ten_percent_owner":true,"officer_title":"Executive Chairman"}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"ten_percent_owner":true}}],"security":"Warrant","published_at":"2022-08-31T21:58:31.000Z","date":"2022-08-29","kind":"grant","acquired":true,"shares":591716,"ownership":{"direct":false,"nature":"By Acuitas"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer and Acuitas Group Holdings, LLC (\"Acuitas\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"security","element":"securityTitle","label":"F3","text":"On July 15, 2022, pursuant to the Keep Well Agreement, the issuer issued and sold a senior secured note in the principal amount of $5,000,000 to Acuitas Capital. Under the terms of the Keep Well Agreement, in connection with the issuance and sale of that note, subject to the issuer obtaining the stockholder approval described in the following sentence, the issuer agreed to issue this warrant to Acuitas Capital (or an entity affiliated with Acuitas Capital, as designated by Acuitas Capital) (this \"Warrant\"). Under the terms of the Keep Well Agreement, the issuer shall not issue any warrant, and Acuitas Capital had no right to receive any warrant, unless and until the issuer obtained stockholder approval as required by, and in accordance with, the applicable Nasdaq listing rules for the issuance of the warrant. Such stockholder approval was obtained at the issuer's annual meeting of stockholders held on August 29, 2022 and this Warrant was issued on that date."},{"field":"date","element":"transactionDate","label":"F3","text":"On July 15, 2022, pursuant to the Keep Well Agreement, the issuer issued and sold a senior secured note in the principal amount of $5,000,000 to Acuitas Capital. Under the terms of the Keep Well Agreement, in connection with the issuance and sale of that note, subject to the issuer obtaining the stockholder approval described in the following sentence, the issuer agreed to issue this warrant to Acuitas Capital (or an entity affiliated with Acuitas Capital, as designated by Acuitas Capital) (this \"Warrant\"). Under the terms of the Keep Well Agreement, the issuer shall not issue any warrant, and Acuitas Capital had no right to receive any warrant, unless and until the issuer obtained stockholder approval as required by, and in accordance with, the applicable Nasdaq listing rules for the issuance of the warrant. Such stockholder approval was obtained at the issuer's annual meeting of stockholders held on August 29, 2022 and this Warrant was issued on that date."},{"field":"price","element":"transactionPricePerShare","label":"F3","text":"On July 15, 2022, pursuant to the Keep Well Agreement, the issuer issued and sold a senior secured note in the principal amount of $5,000,000 to Acuitas Capital. Under the terms of the Keep Well Agreement, in connection with the issuance and sale of that note, subject to the issuer obtaining the stockholder approval described in the following sentence, the issuer agreed to issue this warrant to Acuitas Capital (or an entity affiliated with Acuitas Capital, as designated by Acuitas Capital) (this \"Warrant\"). Under the terms of the Keep Well Agreement, the issuer shall not issue any warrant, and Acuitas Capital had no right to receive any warrant, unless and until the issuer obtained stockholder approval as required by, and in accordance with, the applicable Nasdaq listing rules for the issuance of the warrant. Such stockholder approval was obtained at the issuer's annual meeting of stockholders held on August 29, 2022 and this Warrant was issued on that date."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"On July 15, 2022, pursuant to the Keep Well Agreement, the issuer issued and sold a senior secured note in the principal amount of $5,000,000 to Acuitas Capital. Under the terms of the Keep Well Agreement, in connection with the issuance and sale of that note, subject to the issuer obtaining the stockholder approval described in the following sentence, the issuer agreed to issue this warrant to Acuitas Capital (or an entity affiliated with Acuitas Capital, as designated by Acuitas Capital) (this \"Warrant\"). Under the terms of the Keep Well Agreement, the issuer shall not issue any warrant, and Acuitas Capital had no right to receive any warrant, unless and until the issuer obtained stockholder approval as required by, and in accordance with, the applicable Nasdaq listing rules for the issuance of the warrant. Such stockholder approval was obtained at the issuer's annual meeting of stockholders held on August 29, 2022 and this Warrant was issued on that date."}],"balance_after":591716,"derivative":{"exercise_price":1.69,"expiration_date":"2027-08-29","underlying":"Common Stock","underlying_shares":591716},"source":{"system":"sec-edgar","filing":"0001437749-22-021618","document":"rdgdoc.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/904534/000143774922021618/rdgdoc.xml","form_type":"4"}},{"id":2170307,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":true,"officer":true,"ten_percent_owner":true,"officer_title":"Executive Chairman"}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"ten_percent_owner":true}}],"security":"Common Stock","published_at":"2022-08-31T21:58:31.000Z","date":"2022-08-29","kind":"grant","acquired":true,"shares":739645,"ownership":{"direct":false,"nature":"By Acuitas"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer and Acuitas Group Holdings, LLC (\"Acuitas\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"date","element":"transactionDate","label":"F2","text":"On April 15, 2022, Acuitas Capital LLC (\"Acuitas Capital\"), an entity wholly owned by Acuitas, entered into a Master Note Purchase Agreement with the issuer and certain other parties (the \"Keep Well Agreement\"). Under the terms of the Keep Well Agreement, subject to conditions specified therein, including the issuer obtaining the stockholder approval described in the following sentence, the issuer agreed to issue 739,645 shares of the issuer's common stock (the \"Commitment Shares\") to Acuitas Capital (or an entity affiliated with Acuitas Capital, as designated by Acuitas Capital). Under the terms of the Keep Well Agreement, the issuer shall not issue any of Commitment Shares, and Acuitas Capital had no right to receive any Commitment Shares, unless and until the issuer obtained stockholder approval as required by, and in accordance with, the applicable Nasdaq listing rules for the issuance of the Commitment Shares. Such stockholder approval was obtained on August 29, 2022."},{"field":"deemedExecutionDate","element":"deemedExecutionDate","label":"F2","text":"On April 15, 2022, Acuitas Capital LLC (\"Acuitas Capital\"), an entity wholly owned by Acuitas, entered into a Master Note Purchase Agreement with the issuer and certain other parties (the \"Keep Well Agreement\"). Under the terms of the Keep Well Agreement, subject to conditions specified therein, including the issuer obtaining the stockholder approval described in the following sentence, the issuer agreed to issue 739,645 shares of the issuer's common stock (the \"Commitment Shares\") to Acuitas Capital (or an entity affiliated with Acuitas Capital, as designated by Acuitas Capital). Under the terms of the Keep Well Agreement, the issuer shall not issue any of Commitment Shares, and Acuitas Capital had no right to receive any Commitment Shares, unless and until the issuer obtained stockholder approval as required by, and in accordance with, the applicable Nasdaq listing rules for the issuance of the Commitment Shares. Such stockholder approval was obtained on August 29, 2022."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"On April 15, 2022, Acuitas Capital LLC (\"Acuitas Capital\"), an entity wholly owned by Acuitas, entered into a Master Note Purchase Agreement with the issuer and certain other parties (the \"Keep Well Agreement\"). Under the terms of the Keep Well Agreement, subject to conditions specified therein, including the issuer obtaining the stockholder approval described in the following sentence, the issuer agreed to issue 739,645 shares of the issuer's common stock (the \"Commitment Shares\") to Acuitas Capital (or an entity affiliated with Acuitas Capital, as designated by Acuitas Capital). Under the terms of the Keep Well Agreement, the issuer shall not issue any of Commitment Shares, and Acuitas Capital had no right to receive any Commitment Shares, unless and until the issuer obtained stockholder approval as required by, and in accordance with, the applicable Nasdaq listing rules for the issuance of the Commitment Shares. Such stockholder approval was obtained on August 29, 2022."}],"balance_after":9853800,"source":{"system":"sec-edgar","filing":"0001437749-22-021618","document":"rdgdoc.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/904534/000143774922021618/rdgdoc.xml","form_type":"4"}},{"id":2173325,"issuer":{"id":7702,"kind":"organization","name":"BIOVIE INC."},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":true,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Warrants (right to buy)","published_at":"2022-08-26T17:10:53.000Z","date":"2020-09-22","kind":"exercise","acquired":false,"shares":299750,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F11","text":"Exercisable at the lower of $4 (adjusted to reflect the Reverse Stock Split) or 80% of the offering price to the public in the Uplisting Offering."},{"field":"price","element":"transactionPricePerShare","label":"F8","text":"See Exhibit 99.1"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"Acuitas Group Holdings, LLC (\"Acuitas\"), is an entity beneficially owned and controlled by Terren S. Peizer."}],"balance_after":0,"derivative":{"exercise_date":"2020-07-13","expiration_date":"2025-07-13","underlying":"Common Stock","underlying_shares":299750},"source":{"system":"sec-edgar","filing":"0001520138-22-000381","document":"ownership.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":19,"url":"https://www.sec.gov/Archives/edgar/data/904534/000152013822000381/ownership.xml","form_type":"4"}},{"id":2173324,"issuer":{"id":7702,"kind":"organization","name":"BIOVIE INC."},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":true,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Warrants (right to buy)","published_at":"2022-08-26T17:10:53.000Z","date":"2020-09-22","kind":"exercise","acquired":false,"shares":1250000,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F11","text":"Exercisable at the lower of $4 (adjusted to reflect the Reverse Stock Split) or 80% of the offering price to the public in the Uplisting Offering."},{"field":"shares","element":"transactionShares","label":"F2","text":"Adjusted to reflect the 125-for-1 reverse stock split effectuated by the Issuer on November 22, 2019 (the \"Reverse Stock Split\")."},{"field":"price","element":"transactionPricePerShare","label":"F8","text":"See Exhibit 99.1"},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F2","text":"Adjusted to reflect the 125-for-1 reverse stock split effectuated by the Issuer on November 22, 2019 (the \"Reverse Stock Split\")."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"Acuitas Group Holdings, LLC (\"Acuitas\"), is an entity beneficially owned and controlled by Terren S. Peizer."}],"balance_after":0,"derivative":{"exercise_date":"2019-11-22","expiration_date":"2024-09-24","underlying":"Common Stock","underlying_shares":1250000},"source":{"system":"sec-edgar","filing":"0001520138-22-000381","document":"ownership.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":18,"url":"https://www.sec.gov/Archives/edgar/data/904534/000152013822000381/ownership.xml","form_type":"4"}},{"id":2173323,"issuer":{"id":7702,"kind":"organization","name":"BIOVIE INC."},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":true,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"10% Convertible Debenture due 2020","published_at":"2022-08-26T17:10:53.000Z","date":"2020-09-22","kind":"disposition_to_issuer","acquired":false,"price":0,"reported_value":2000000,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F12","text":"On September 22, 2020, the Issuer paid approximately $1.8 million to Acuitas satisfy all amounts owed on the Debenture due September 24, 2020."},{"field":"kind","element":"transactionCoding","label":"F12","text":"On September 22, 2020, the Issuer paid approximately $1.8 million to Acuitas satisfy all amounts owed on the Debenture due September 24, 2020."},{"field":"reported_value","element":"transactionTotalValue","label":"F6","text":"See Exhibit 99.1"},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F6","text":"See Exhibit 99.1"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"Acuitas Group Holdings, LLC (\"Acuitas\"), is an entity beneficially owned and controlled by Terren S. Peizer."}],"balance_after":0,"derivative":{"exercise_date":"2019-12-01","expiration_date":"2020-09-24","underlying":"Common Stock"},"source":{"system":"sec-edgar","filing":"0001520138-22-000381","document":"ownership.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":17,"url":"https://www.sec.gov/Archives/edgar/data/904534/000152013822000381/ownership.xml","form_type":"4"}},{"id":2173322,"issuer":{"id":7702,"kind":"organization","name":"BIOVIE INC."},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":true,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Warrants (right to buy)","published_at":"2022-08-26T17:10:53.000Z","date":"2020-07-13","kind":"grant","acquired":true,"shares":299750,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F6","text":"See Exhibit 99.1"},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F11","text":"Exercisable at the lower of $4 (adjusted to reflect the Reverse Stock Split) or 80% of the offering price to the public in the Uplisting Offering."},{"field":"price","element":"transactionPricePerShare","label":"F6","text":"See Exhibit 99.1"},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"Acuitas Group Holdings, LLC (\"Acuitas\"), is an entity beneficially owned and controlled by Terren S. Peizer."}],"balance_after":299750,"derivative":{"exercise_date":"2020-07-13","expiration_date":"2025-07-13","underlying":"Common Stock","underlying_shares":299750},"source":{"system":"sec-edgar","filing":"0001520138-22-000381","document":"ownership.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":16,"url":"https://www.sec.gov/Archives/edgar/data/904534/000152013822000381/ownership.xml","form_type":"4"}},{"id":2173321,"issuer":{"id":7702,"kind":"organization","name":"BIOVIE INC."},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":true,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Warrants (right to buy)","published_at":"2022-08-26T17:10:53.000Z","date":"2019-09-24","kind":"grant","acquired":true,"shares":1250000,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F6","text":"See Exhibit 99.1"},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F11","text":"Exercisable at the lower of $4 (adjusted to reflect the Reverse Stock Split) or 80% of the offering price to the public in the Uplisting Offering."},{"field":"shares","element":"transactionShares","label":"F2","text":"Adjusted to reflect the 125-for-1 reverse stock split effectuated by the Issuer on November 22, 2019 (the \"Reverse Stock Split\")."},{"field":"price","element":"transactionPricePerShare","label":"F6","text":"See Exhibit 99.1"},{"field":"derivative.underlying_shares","element":"underlyingSecurityShares","label":"F2","text":"Adjusted to reflect the 125-for-1 reverse stock split effectuated by the Issuer on November 22, 2019 (the \"Reverse Stock Split\")."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Adjusted to reflect the 125-for-1 reverse stock split effectuated by the Issuer on November 22, 2019 (the \"Reverse Stock Split\")."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"Acuitas Group Holdings, LLC (\"Acuitas\"), is an entity beneficially owned and controlled by Terren S. 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Peizer."}],"balance_after":23166210,"source":{"system":"sec-edgar","filing":"0001520138-22-000362","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/904534/000152013822000362/ownership.xml","form_type":"4"}},{"id":2264559,"issuer":{"id":117051,"kind":"organization","name":"EVmo, Inc.","symbol":"YAYO"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":true,"officer":false,"ten_percent_owner":true,"other":false}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2022-05-19T21:00:15.000Z","date":"2022-05-18","kind":"purchase","acquired":true,"shares":129800,"price":0.28,"value":36344.0,"ownership":{"direct":false,"nature":"By Acuitas"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas. The issuer's board of directors appointed Mr. Peizer as its Executive Chairman, effective as of February 26, 2021."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"The shares of Common Stock were purchased in two (2) separate transactions for a range of prices from $0.27992 to $0.27994 which have been weighted and aggregated and reported on the line and rounded to the nearest thousandth."},{"field":"price","element":"transactionPricePerShare","label":"F3","text":"The Reporting Person will provide to the Commission, the issuer and any stockholder, upon request, full information regarding the number of shares purchased or sold at each separate price."}],"balance_after":12616819,"source":{"system":"sec-edgar","filing":"0001493152-22-014523","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/904534/000149315222014523/ownership.xml","form_type":"4"}},{"id":2340581,"issuer":{"id":117051,"kind":"organization","name":"EVmo, Inc.","symbol":"YAYO"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":true,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2022-03-10T08:36:50.000Z","date":"2022-03-09","kind":"purchase","acquired":true,"shares":1192320,"price":0.418,"value":498389.76,"ownership":{"direct":false,"nature":"By Acuitas"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas. The issuer's board of directors appointed Mr. Peizer as its Executive Chairman, effective as of February 26, 2021."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"The shares of Common Stock were purchased in 13 open market transactions for a range of prices from $0.38 to $0.43, which have been weighted and aggregated and reported on the line and rounded to the nearest thousandth."},{"field":"price","element":"transactionPricePerShare","label":"F3","text":"The Reporting Person will provide to the Commission, the issuer and any stockholder, upon request, full information regarding the number of shares purchased or sold at each separate price."}],"balance_after":12487019,"source":{"system":"sec-edgar","filing":"0001493152-22-006460","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/904534/000149315222006460/ownership.xml","form_type":"4"}},{"id":2345600,"issuer":{"id":117051,"kind":"organization","name":"EVmo, Inc.","symbol":"YAYO"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":true,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2022-03-08T08:39:28.000Z","date":"2022-03-04","kind":"purchase","acquired":true,"shares":1239187,"price":0.301,"value":372995.287,"ownership":{"direct":false,"nature":"By Acuitas"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas. The issuer's board of directors appointed Mr. Peizer as its Executive Chairman, effective as of February 26, 2021."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"The shares of Common Stock were purchased in a series of open market transactions for a range of prices from $0.27 to $0.35, which have been weighted and aggregated and reported on the line and rounded to the nearest thousandth."},{"field":"price","element":"transactionPricePerShare","label":"F3","text":"The Reporting Person will provide to the Commission, the issuer and any stockholder, upon request, full information regarding the number of shares purchased or sold at each separate price."}],"balance_after":11294699,"source":{"system":"sec-edgar","filing":"0001493152-22-006256","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/904534/000149315222006256/ownership.xml","form_type":"4"}},{"id":2558130,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":true,"officer":true,"ten_percent_owner":true,"officer_title":"Executive Chairman"}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"ten_percent_owner":true}}],"security":"Common Stock","published_at":"2021-09-28T21:45:41.000Z","date":"2021-09-28","kind":"sale","acquired":false,"shares":13567,"price":10.2283,"value":138767.3461,"ownership":{"direct":false,"nature":"By Acuitas"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"shares","element":"transactionShares","label":"F2","text":"Represents sales effected pursuant to a Rule 10b5-1 trading plan entered into by Acuitas on August 13, 2021."},{"field":"price","element":"transactionPricePerShare","label":"F5","text":"The price reported is a volume weighted average price. The shares were sold in multiple transactions at prices ranging from $9.93 to $10.545, inclusive. The Reporting Persons undertake to provide the issuer, any security holder of the issuer, and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote."}],"balance_after":9114155,"source":{"system":"sec-edgar","filing":"0001437749-21-022804","document":"rdgdoc.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/904534/000143774921022804/rdgdoc.xml","form_type":"4"}},{"id":2558129,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":true,"officer":true,"ten_percent_owner":true,"officer_title":"Executive Chairman"}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"ten_percent_owner":true}}],"security":"Common Stock","published_at":"2021-09-28T21:45:41.000Z","date":"2021-09-27","kind":"sale","acquired":false,"shares":8187,"price":10.4688,"value":85708.0656,"ownership":{"direct":false,"nature":"By Acuitas"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"shares","element":"transactionShares","label":"F2","text":"Represents sales effected pursuant to a Rule 10b5-1 trading plan entered into by Acuitas on August 13, 2021."},{"field":"price","element":"transactionPricePerShare","label":"F4","text":"The price reported is a volume weighted average price. The shares were sold in multiple transactions at prices ranging from $10.36 to $10.92, inclusive. The Reporting Persons undertake to provide the issuer, any security holder of the issuer, and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote."}],"balance_after":9127722,"source":{"system":"sec-edgar","filing":"0001437749-21-022804","document":"rdgdoc.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/904534/000143774921022804/rdgdoc.xml","form_type":"4"}},{"id":2558128,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":true,"officer":true,"ten_percent_owner":true,"officer_title":"Executive Chairman"}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"ten_percent_owner":true}}],"security":"Common Stock","published_at":"2021-09-28T21:45:41.000Z","date":"2021-09-27","kind":"sale","acquired":false,"shares":6813,"price":9.8665,"value":67220.4645,"ownership":{"direct":false,"nature":"By Acuitas"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"shares","element":"transactionShares","label":"F2","text":"Represents sales effected pursuant to a Rule 10b5-1 trading plan entered into by Acuitas on August 13, 2021."},{"field":"price","element":"transactionPricePerShare","label":"F3","text":"The price reported is a volume weighted average price. The shares were sold in multiple transactions at prices ranging from $9.36 to $10.345, inclusive. The Reporting Persons undertake to provide the issuer, any security holder of the issuer, and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote."}],"balance_after":9135909,"source":{"system":"sec-edgar","filing":"0001437749-21-022804","document":"rdgdoc.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/904534/000143774921022804/rdgdoc.xml","form_type":"4"}},{"id":2560329,"issuer":{"id":78207,"kind":"organization","name":"Ontrak, Inc.","symbol":"OTRK"},"owners":[{"id":78208,"kind":"person","name":"PEIZER TERREN S","position":1,"cik":"0000904534","reported_name":"PEIZER TERREN S","relationship":{"director":true,"officer":true,"ten_percent_owner":true,"officer_title":"Executive Chairman"}},{"id":78209,"kind":"organization","name":"Acuitas Group Holdings, LLC","position":2,"cik":"0001797168","reported_name":"Acuitas Group Holdings, LLC","relationship":{"ten_percent_owner":true}}],"security":"Common Stock","published_at":"2021-09-24T21:45:30.000Z","date":"2021-09-24","kind":"sale","acquired":false,"shares":15000,"price":9.5943,"value":143914.5,"ownership":{"direct":false,"nature":"By Acuitas"},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"This Form 4 is jointly filed by Terren S. Peizer (\"Mr. Peizer\") and Acuitas Group Holdings, LLC (\"Acuitas\"). Mr. Peizer is the Chairman and sole member of Acuitas and, in such capacity, exercises voting and investment power over any securities held for the accounts of Acuitas."},{"field":"shares","element":"transactionShares","label":"F2","text":"Represents sales effected pursuant to a Rule 10b5-1 trading plan entered into by Acuitas on August 13, 2021."},{"field":"price","element":"transactionPricePerShare","label":"F5","text":"The price reported is a volume weighted average price. The shares were sold in multiple transactions at prices ranging from $9.41 to $9.98, inclusive. The Reporting Persons undertake to provide the issuer, any security holder of the issuer, and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote."}],"balance_after":9142722,"source":{"system":"sec-edgar","filing":"0001437749-21-022637","document":"rdgdoc.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/904534/000143774921022637/rdgdoc.xml","form_type":"4"}}],"next_cursor":"2021-09-24T21:45:30.000000Z,2560329"}