secwatch.observer — SEC 8-K summary
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Issuer:     Modular Medical, Inc. (MODD)
CIK:        0001074871
Form:       8-K
Filed at:   2025-07-02T23:59:59+00:00
Accession:  0001213900-25-061072
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1074871/000121390025061072/0001213900-25-061072-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1074871/000121390025061072/ea0248072-8k_modular.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-061072

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