---
schema_version: "secwatch.filing_event.v1"
accession: "0001019056-22-000180"
form_type: "8-K"
ticker: "MODD"
cik: "0001074871"
company_name: "Modular Medical, Inc."
filed_at: "2022-02-14T23:59:59+00:00"
generated_at: "2026-06-27T08:16:50.056656+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Modular Medical raises $15M in public offering, uplists to Nasdaq

## Summary
- Priced public offering of 2.5M units at $6.00/unit for gross proceeds of $15M; each unit = 1 share + 1 warrant.
- Common stock approved for listing on Nasdaq Capital Market under MODD; trading began Feb 10, 2022.
- Warrants exercisable immediately at $6.60/share, expire in 5 years; shares and warrants separately tradeable.
- Net proceeds for working capital, sales & marketing infrastructure, R&D, manufacturing, and repayment of promissory note.
- Offering closed Feb 14, 2022; underwriters led by Oppenheimer & Co., with Benchmark and Lake Street as co-lead managers.

## SEC filing metadata
- accession: 0001019056-22-000180
- form_type: 8-K
- ticker: MODD
- cik: 0001074871
- company_name: Modular Medical, Inc.
- filed_at: 2022-02-14T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1074871/000101905622000180/0001019056-22-000180-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1074871/000101905622000180/modular_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001019056-22-000180
- JSON: https://secwatch.observer/filing/0001019056-22-000180.json
- Plain text: https://secwatch.observer/filing/0001019056-22-000180.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.