Modular Medical receives Nasdaq minimum bid price deficiency notice; 180-day cure period

Modular Medical, Inc.

Nasdaq notified Company of bid price deficiency: closing bid below $1.00 for 30 consecutive business days ending June 27, 2025.
Company has 180 calendar days (until Dec 29, 2025) to regain compliance by achieving $1.00 close for ten consecutive business days.
If not compliant by deadline, Company may request second 180-day period with reverse stock split if eligible.
No immediate delisting; Company is evaluating options to address the deficiency.

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