Track Group, Inc. (TRCK) Form S-1 — Jun 24, 2026
Track Group, Inc. filed an S-1 registration statement to facilitate the resale of up to 36,372,938 shares of common stock by selling stockholders. The shares being registered were issued in connection with a private placement in April 2026, which raised approximately $10.3 million at $0.35 per share, and a $24 million credit facility. The company will not receive any proceeds from the resale of these shares.
Key figures
- Debt Amount
- 24000000
- Interest Rate
- 13.5%
- Shares Offered
- 36372938
- Shares Outstanding
- 41335187
- Recent otcqb price
- 0.74
- Pipe price per share
- 0.35
- Pipe shares registered
- 29471429
- Lender warrants registered
- 1294930
- Potential warrant proceeds
- 315130
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