---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-120759"
form_type: "8-K"
ticker: "MODD"
cik: "0001074871"
company_name: "Modular Medical, Inc."
filed_at: "2025-12-11T23:59:59+00:00"
generated_at: "2026-05-16T13:27:54.448349+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Modular Medical raises $4.68M in underwritten public offering of stock and warrants

## Summary
- Offered 12,173,000 shares of common stock and warrants for 6,086,500 shares at combined price of $0.77 per unit.
- Effective price of $0.38 per share and $0.01 per warrant; warrants exercisable at $0.45, expire in 5 years.
- Gross proceeds of $4.68M; net proceeds to fund operations, working capital, and general corporate purposes.
- Underwriter Newbridge Securities granted 30-day over-allotment option for up to 15% additional shares/warrants.
- Directors and executive officers subject to 60-day lock-up; company subject to 90-day lock-up.

## SEC filing metadata
- accession: 0001213900-25-120759
- form_type: 8-K
- ticker: MODD
- cik: 0001074871
- company_name: Modular Medical, Inc.
- filed_at: 2025-12-11T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1074871/000121390025120759/0001213900-25-120759-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1074871/000121390025120759/ea0269264-8k_modular.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-120759
- JSON: https://secwatch.observer/filing/0001213900-25-120759.json
- Plain text: https://secwatch.observer/filing/0001213900-25-120759.txt

## Key facts
- Material Agreements
  Modular Medical, Inc. entered into Underwriting Agreement with Newbridge Securities Corporation valued at approximately $4.68 million (effective 2025-12-10).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Newbridge Securities Corporation
  - Value: approximately $4.68 million
  - Effective: 2025-12-10
  source text: On December 10, 2025, Modular Medical, Inc. (the “Company”) entered into an Underwriting Agreement (the “Agreement”) with Newbridge Securities Corporation (the “Underwriter”), relating to a firm commitment underwritten offering (the “Offering”) of (i) 12,173,000 shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”), referred to as the “Firm Shares,” and (ii) accompanying warrants exercisable to purchase up to 6,086,500 shares of Common Stock (the “Warrants”), referred to as the “Firm Warrants.”
  evidence_url: https://www.sec.gov/Archives/edgar/data/1074871/000121390025120759/0001213900-25-120759-index.htm

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