# EDGAR Filing Document

**Accession Number:** 0001136174
**File Stem:** 0001628280-23-001360
**Filing Date:** 2023-1
**Character Count:** 13584
**Document Hash:** 9ed448a960d6cf3c040be4bbbd5bab2e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001628280-23-001360.hdr.sgml**: 20230120

**ACCESSION NUMBER**: 0001628280-23-001360

**CONFORMED SUBMISSION TYPE**: S-8

**PUBLIC DOCUMENT COUNT**: 5

**FILED AS OF DATE**: 20230120

**DATE AS OF CHANGE**: 20230120

**EFFECTIVENESS DATE**: 20230120

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Ontrak, Inc.
- **CENTRAL INDEX KEY:** 0001136174
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-MISC HEALTH & ALLIED SERVICES, NEC [8090]
- **IRS NUMBER:** 880464853
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** S-8
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-269341
- **FILM NUMBER:** 23541687

**BUSINESS ADDRESS:**
- **STREET 1:** 2200 PASEO VERDE PARKWAY
- **STREET 2:** SUITE 280
- **CITY:** HENDERSON
- **STATE:** NV
- **ZIP:** 89052
- **BUSINESS PHONE:** 310 444 4300

**MAIL ADDRESS:**
- **STREET 1:** 2200 PASEO VERDE PARKWAY
- **STREET 2:** SUITE 280
- **CITY:** HENDERSON
- **STATE:** NV
- **ZIP:** 89052

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CATASYS, INC.
- **DATE OF NAME CHANGE:** 20110316

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HYTHIAM, INC.
- **DATE OF NAME CHANGE:** 20101029

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HYTHIAM INC
- **DATE OF NAME CHANGE:** 20031003

**As filed with the Securities and Exchange Commission on January 20, 2023**

**Registration Statement No. 333-**

**UNITED STATES<br>SECURITIES AND EXCHANGE COMMISSION<br>WASHINGTON, D.C. 20549**

<u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>

**FORM S-8<br>REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933**

<u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>

**<u>Ontrak, Inc.</u>**

(Exact name of registrant as specified in its charter)

<u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>

---

| | |
|:---|:---|
| **Delaware** | **88-0464853** |
| (State or other jurisdiction of<br>incorporation or organization) | (I.R.S. Employer<br>Identification No.) |

---

---

| | |
|:---|:---|
| **2200 Paseo Verde Parkway, Suite 280**<br>**Henderson, Nevada** | **89052** |
| (Address of Principal Executive Offices) | (Zip Code) |

---

**Ontrak, Inc. 2017 Stock Incentive Plan**

(Full title of the plan)

<u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>

**Terren S. Peizer<br>Chief Executive Officer<br>c/o Ontrak, Inc.<br>2200 Paseo Verde Parkway, Suite 280<br>Henderson, Nevada 89052**

(Name and address of agent for service)

**(310) 444-4300**

(Telephone number, including area code, of agent for service)

<u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>

***With a copy to*:<br>Mitchell S. Nussbaum<br>Norwood P. Beveridge<br>Lili Taheri<br>Loeb & Loeb LLP<br>345 Park Avenue<br>New York, New York 10154<br>(212) 407-4000**

<u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>

------

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company" and "emerging growth company" in Rule 12b-2 of the Exchange Act.

---

| | | | |
|:---|:---|:---|:---|
| Large accelerated filer | ☐ | Accelerated filer | ☐ |
| Non-accelerated filer | ☒ | Smaller reporting company | ☒ |
| | | Emerging growth company | ☐ |

---

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Exchange Act. ☐

**This Registration Statement will become effective upon filing in accordance with Rule 462(a) under the Securities Act.**

------

**PART I**

**STATEMENT OF INCORPORATION BY REFERENCE**

This Registration Statement relates to securities of the same class as those to which prior effective registration statements on Form S-8 (File Nos. 333-222276, 333-229717, 333-251965, 333-261976, and 333-267316) relate (the "Existing S-8s"), and is submitted in accordance with General Instruction E to Form S-8 regarding Registration of Additional Securities. Pursuant to General Instruction E of Form S-8, the contents of the Existing S-8s, except as otherwise set forth in this Registration Statement, are incorporated herein by reference.

**PART II**

**INFORMATION REQUIRED IN THE REGISTRATION STATEMENT**

**Item 8. Exhibits.** 

---

| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| 3.1 | <u>[Amended and Restated Certificate of Incorporation of Ontrak, Inc., incorporated by reference to Appendix A to Registrant's Definitive Schedule 14C filed with the Securities and Exchange Commission on October 4, 2019.](http://www.sec.gov/Archives/edgar/data/1136174/000143774919019698/cats20191003_def14c.htm)</u> |
| 3.2 | <u>[Certificate of Amendment of the Certificate of Incorporation of Ontrak, Inc., incorporated by reference to Exhibit 3.1 of Registrant's current report on Form 8-K filed with the Securities and Exchange Commission on July 6, 2020.](http://www.sec.gov/Archives/edgar/data/1136174/000162828020010214/exhibit31certificateof.htm)</u> |
| 3.3 | <u>[Certificate of Designations regarding Registrant's 9.50% Series A Cumulative Perpetual Preferred Stock, incorporated by reference to Exhibit 3.1 of the Registrant's current report on Form 8-K filed with the Securities and Exchange Commission on August 21, 2020.](http://www.sec.gov/Archives/edgar/data/1136174/000143774920018508/ex_200890.htm)</u> |
| 3.4 | <u>[Amendment No. 1 to Certificate of Designations regarding the Registrants 9.50% Series A Cumulative Perpetual Preferred Stock, incorporated by reference to Exhibit 3.1 of the Registrant's current report on Form 8-K filed with the Securities and Exchange Commission on October 16, 2020.](http://www.sec.gov/Archives/edgar/data/1136174/000162828020014507/exhibit31amendmenttoce.htm)</u> |
| 3.5 | <u>[Amended and Restated By-Laws of Ontrak, Inc., incorporated by reference to Exhibit 3.2 of the Registrant's Current Report on Form 8-K filed with the Securities and Exchange Commission on July 6, 2020.](http://www.sec.gov/Archives/edgar/data/1136174/000162828020010214/exhibit32-namechangeby.htm)</u> |
| 5.1 | <u>[Opinion of Loeb & Loeb LLP.](a202301forms-8exhibit5_1.htm)</u> |
| 23.1 | <u>[Consent of Loeb & Loeb LLP (included in Exhibit 5.1).](a202301forms-8exhibit5_1.htm)</u> |
| 23.2 | <u>[Consent of EisnerAmper LLP.](a202301forms-8exhibit23_2.htm)</u> |
| 24.1 | <u>[Power of Attorney (included on signature pages).](#i7bb2c05a44f747569c664f87f7499477_4)</u> |
| 107.1 | <u>[Calculation of Filing Fee Table.](a202301forms-8exhibit107.htm)</u> |

---

------

**<u>SIGNATURES</u>**

Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Henderson, State of Nevada, on this 20th day of January, 2023.

**Ontrak, Inc.**

By:&nbsp;&nbsp;&nbsp;&nbsp;<u>/s/ Terren S. Peizer&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u><br> Name:&nbsp;&nbsp;&nbsp;&nbsp;Terren S. Peizer<br>Title:&nbsp;&nbsp;&nbsp;&nbsp;Chairman of the Board of Directors

and Chief Executive Officer &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints each of Terren S. Peizer and James J. Park his or her true and lawful attorney-in-fact and agent, for him or her and in his or her name, place and stead, in any and all capacities, to sign any and all amendments, including post-effective amendments, to this Registration Statement, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission granting unto said attorney-in-fact and agent, full power and authority to do and perform each and every act and thing requisite and necessary to be done, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent or his substitute or substitutes, may lawfully do or cause to be done by virtue hereof.

Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities and on the dates indicated.

------

---

| | | |
|:---|:---|:---|
| **Signature** | **Title** | **Date** |
| /s/ Terren S. Peizer | Chairman of the Board and Chief Executive Officer | January 20, 2023 |
| Terren S. Peizer |  |  |
| /s/ James J. Park | Chief Financial Officer | January 20, 2023 |
| James J. Park | (Principal Financial and Accounting Officer) |  |
| /s/ Richard A. Berman | Director | January 20, 2023 |
| Richard A. Berman |  |  |
| /s/ Michael Sherman | Director | January 20, 2023 |
| Michael Sherman |  |  |
| /s/ James M. Messina | Director | January 20, 2023 |
| James M. Messina |  |  |

---

## Ex-Filing

**EXHIBIT 107.1**

**Calculation of Filing Fee Table**

**Form S-8**

(Form Type)

**Ontrak, Inc.**

(Exact Name of Registrant as Specified in its Charter)

Newly Registered Securities

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| Security Type | Security Class Title | Fee Calculation Rule | Amount Registered(1)  | Proposed Maximum Offering Price Per Unit(2) | Maximum Aggregate Offering Price(2) | Fee Rate | Amount of Registration Fee |
| Equity | Common Stock, par value $0.0001 per share | Rule 457(c) and 457(h) | 815024 | $1.2915 | $1052603.50 | 0.0001102 | $116.00 |
| **Total Offering Amount** | **Total Offering Amount** | **Total Offering Amount** | **Total Offering Amount** |  | $1052603.50 |  | $116.00 |
| **Total Fee Offsets** | **Total Fee Offsets** | **Total Fee Offsets** | **Total Fee Offsets** |  |  |  | $0.00 |
| **Net Fee Due** | **Net Fee Due** | **Net Fee Due** | **Net Fee Due** |  |  |  | $116.00 |

---

(1) Pursuant to Rule 416 under the Securities Act of 1933, as amended (the "Securities Act"), this Registration Statement also covers an indeterminate number of additional shares that may be offered or issued pursuant to the Ontrak, Inc. 2017 Stock Incentive Plan, as amended, as a result of stock splits, stock dividends or similar transactions.

(2) Estimated solely for the purpose of calculating the registration fee which was computed in accordance with Rule 457(c) and Rule 457(h)(1) under the Securities Act on the basis of the average of the high and low sales prices per share of the stock as reported on the Nasdaq Global Market on January 18, 2023.

## Exhibit 5.1

**Exhibit 5.1**

---

| | | |
|:---|:---|:---|
| ![image_0.jpg](image_0.jpg) | **Loeb & Loeb LLP**<br>345 Park Avenue<br>New York, NY 10154 | &nbsp;&nbsp;&nbsp;&nbsp;<br>**Main**&nbsp;&nbsp;&nbsp;&nbsp;212.407.4000<br>**Fax**&nbsp;&nbsp;&nbsp;&nbsp;212.407.4990 |

---

January 20, 2023

Ontrak, Inc.

2200 Paseo Verde Parkway, Suite 280

Henderson, NV 89052

Re: Registration Statement on Form S-8

Ladies and Gentlemen:

We have served as counsel to Ontrak, Inc., a Delaware corporation (the "Company") in connection with the preparation of your Registration Statement on Form S-8 to be filed with the Securities and Exchange Commission under the Securities Act of 1933, as amended (the "Act"), representing the registration of 815,024 additional shares (the "Shares") of common stock, $0.0001 par value (the "Common Stock") of the Company, under the Ontrak, Inc. 2017 Stock Incentive Plan, as amended (the "Plan").

We have examined such corporate records, documents and matters of law as we have considered appropriate for the purposes of this opinion.

Based upon such examination and our participation in the preparation of the Registration Statement, is it our opinion that the Shares have been duly authorized and, when issued in the manner described in the Plan, will be validly issued, fully paid and non-assessable.

The opinion we express herein are limited to matters involving the Delaware General Corporation Law.

We consent to the reference made to our firm in the Registration Statement and to the filing of this opinion as an exhibit to the Registration Statement. In giving this consent, we do not hereby admit that we are in the category of persons whose consent is required under Section 7 of the Act, or the rules and regulations promulgated thereunder.

Sincerely,

/s/ Loeb & Loeb LLP

Loeb & Loeb LLP

## Exhibit 23.2

**Exhibit 23.2**

**CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM**

We consent to the incorporation by reference in this Registration Statement of Ontrak, Inc. on Form S-8 to be filed on or about January 20, 2023 of our report dated April 15, 2022, on our audits of the financial statements as of December 31, 2021 and 2020 and for each of the years then ended, which report was included in the Annual Report on Form 10-K filed April 15, 2022.

*/s/ EisnerAmper LLP*

EISNERAMPER LLP

Iselin, New Jersey

January 20, 2023

<br>