Ontrak, Inc. (OTRK) has announced the pricing of a public offering and a concurrent private placement, as well as the conversion of secured notes. The public offering includes over 4.5 million shares of common stock and over 9 million warrants at $0.60 per share. The private placement to Acuitas Group Holdings and Acuitas Capital includes over 18 million pre-funded warrants and over 36 million warrants at $0.5999 per pre-funded warrant. Acuitas will convert approximately $16.3 million of outstanding senior secured convertible notes, leaving $2.0 million outstanding. The gross proceeds from the public offering are expected to be approximately $6.3 million.