{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-007296","form_type":"8-K","ticker":"MODD","cik":"0001074871","company_name":"Modular Medical, Inc.","filed_at":"2026-01-23T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.504892+00:00","generated_at":"2026-05-16T08:20:48.942698+00:00","sec_items":["3.03","5.03","5.07","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Modular Medical shareholders approve 150% increase in authorized shares and reverse stock split authorization","bullets":["Authorized common shares increased from 100M to 250M (Proposal 3: 46.75M for, 5.04M against).","Board authorized to effect a reverse stock split at a ratio within a specified range within one year (Proposal 2: 50.6M for).","Equity incentive plan increased by 3M shares (Proposal 4: 35.38M for).","All eight director nominees elected, including CEO James Besser (not a candidate) and Duane DeSisto, Paul DiPerna, Steven Felsher, etc.","Farber Hass Hurley LLP ratified as independent auditor for fiscal year ending March 31, 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-007296","json":"https://secwatch.observer/filing/0001213900-26-007296.json","markdown":"https://secwatch.observer/filing/0001213900-26-007296.md","text":"https://secwatch.observer/filing/0001213900-26-007296.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1074871/000121390026007296/0001213900-26-007296-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1074871/000121390026007296/ea0273265-8k_modular.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T08:20:48.942698+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":"4e26496ebe2e5925b66d4d24c5d4cc3e6e164fc3","claim":"Modular Medical, Inc.: Increased authorized shares of common stock from 100,000,000 to 250,000,000 (effective 2026-01-23).","evidence_excerpt":"On January 23, 2026, Modular Medical, Inc. (the \"Company\") filed a certificate of amendment to its Amended and Restated Articles of Incorporation (as amended, the \"Amended and Restated Certificate of Incorporation\") (the \"Charter Amendment\"), with the secretary of state of the state of Nevada to increase the Company’s authorized shares of common stock from 100,000,000 to 250,000,000.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1074871/000121390026007296/0001213900-26-007296-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2026-01-23"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}