secwatch.observer — SEC 8-K summary
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Issuer:     Modular Medical, Inc. (MODD)
CIK:        0001074871
Form:       8-K
Filed at:   2021-12-01T23:59:59+00:00
Accession:  0001019056-21-000620
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Modular Medical announces 1-for-3 reverse stock split to meet Nasdaq listing price requirement
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- Reverse split ratio 1-for-3; effective Nov 29, 2021; trading symbol temporarily changes to MODDD.
- Split intended to fulfill Nasdaq's $4.00 minimum bid price requirement for proposed uplisting.
- No fractional shares issued; any fractions rounded up to nearest whole share.
- Authorized shares unchanged; stockholders in brokerage accounts need no action.
- Uplisting not guaranteed; other Nasdaq listing requirements must still be satisfied.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1074871/000101905621000620/0001019056-21-000620-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1074871/000101905621000620/modular_8k.htm
  HTML page:      https://secwatch.observer/filing/0001019056-21-000620

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer