regulatory
confidence high
sentiment neutral
materiality 0.50
Modular Medical gets 180-day Nasdaq extension to June 29, 2026 to meet $1 bid price
Modular Medical, Inc.
- Nasdaq granted 180-day extension under Rule 5810(c)(3)(A) after initial non-compliance notice on June 30, 2025.
- Company must close at $1.00 or more for 10 consecutive business days by June 29, 2026 to regain compliance.
- If compliance not met by deadline, Nasdaq will issue delisting notice; company may appeal to hearings panel.
- Trading continues on Nasdaq Capital Market under MODD with no immediate effect from extension.
- Company will monitor bid price and evaluate options to regain compliance.
item 3.01item 7.01item 9.01