{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-037531","form_type":"8-K","ticker":"MODD","cik":"0001074871","company_name":"Modular Medical, Inc.","filed_at":"2026-03-31T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.505392+00:00","generated_at":"2026-05-15T08:05:32.857443+00:00","sec_items":["3.03","5.03","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Modular Medical announces 1-for-30 reverse stock split to regain Nasdaq compliance","bullets":["Reverse split effective 5:30am ET March 31, 2026; trading on split-adjusted basis under MODD symbol.","Ratio: 1-for-30; outstanding shares reduced from 139,810,797 to approximately 4,660,360.","Purpose: increase per-share price to satisfy $1.00 minimum bid price for continued Nasdaq listing.","Authorized shares and par value unchanged; fractional shares paid in cash.","All equity awards and warrants adjusted proportionally (exercise price multiplied by 30)."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-037531","json":"https://secwatch.observer/filing/0001213900-26-037531.json","markdown":"https://secwatch.observer/filing/0001213900-26-037531.md","text":"https://secwatch.observer/filing/0001213900-26-037531.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1074871/000121390026037531/0001213900-26-037531-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1074871/000121390026037531/ea0283929-8k_modular.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T08:05:32.857443+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":"3917c8ee4f17a686e2ec1a4c9ea2f5c991b248c4","claim":"Modular Medical, Inc.: Filed certificate of amendment to effect a one-for-thirty reverse stock split of common stock (effective 2026-03-31).","evidence_excerpt":"On March 30, 2026, Modular Medical, Inc. (the “Company”) filed a certificate of amendment to its amended and restated certificate of incorporation with the Secretary of State of the State of Nevada (the “Amendment”) to effect a one (1)-for-thirty (30) reverse stock split of the Company’s shares of common stock (the “Common Stock”), par value $0.001 per share (the “Reverse Split”).","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1074871/000121390026037531/0001213900-26-037531-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2026-03-31"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}