Catasys, which provides substance abuse, depression and anxiety outpatient programs, filed on Friday with the SEC to raise up to $15 million in an initial public offering. Shares of the company are listed on the OTCQB Marketplace and finished Friday at $1.30.
The Los Angeles, CA-based company was founded in 2003 and booked $5 million in sales for the 12 months ended September 30, 2016. It plans to list on the Nasdaq under the symbol CATS. on the deal. No pricing terms were disclosed.
