{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-014985","form_type":"8-K","ticker":"MODD","cik":"0001074871","company_name":"Modular Medical, Inc.","filed_at":"2024-02-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.300020+00:00","generated_at":"2026-06-06T00:01:44.659607+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Modular Medical prices $10M public offering of 9.09M shares at $1.10 per share","bullets":["Priced 9,090,910 shares at $1.10/share for $10M gross proceeds; over-allotment option for 1,321,989 additional shares.","Offering led by Manchester Explorer, managed by CEO Jeb Besser and director Morgan Frank, plus other institutions.","Net proceeds to fund operations, working capital, and general corporate purposes; closing expected Feb 21, 2024.","Directors/executive officers subject to lock-up until May 21, 2024, prohibiting sale of securities without underwriter consent."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-014985","json":"https://secwatch.observer/filing/0001213900-24-014985.json","markdown":"https://secwatch.observer/filing/0001213900-24-014985.md","text":"https://secwatch.observer/filing/0001213900-24-014985.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1074871/000121390024014985/0001213900-24-014985-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1074871/000121390024014985/ea193973-8k_modular.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T00:01:44.659607+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"40e34b04c3aeda23d7a366c742c4159481712162","claim":"Modular Medical, Inc. entered into Agreement with Titan Partners Group LLC, a division of American Capital Partners, LLC (effective 2024-02-15).","evidence_excerpt":"On February 15, 2024, Modular Medical, Inc. (the “Company”) entered into an Underwriting Agreement (the “Agreement”) with Titan Partners Group LLC, a division of American Capital Partners, LLC (the “Underwriter”), relating to a firm commitment underwritten offering (the “Offering”) of 9,090,910 shares (the “Shares”) of common stock of the Company (“Common Stock”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1074871/000121390024014985/0001213900-24-014985-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"underwriting"},{"label":"Counterparty","value":"Titan Partners Group LLC, a division of American Capital Partners, LLC"},{"label":"Effective","value":"2024-02-15"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}