secwatch.observer — SEC 8-K summary
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Issuer:     Modular Medical, Inc. (MODD)
CIK:        0001074871
Form:       8-K
Filed at:   2026-03-31T23:59:59+00:00
Accession:  0001213900-26-037531
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.03, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Modular Medical announces 1-for-30 reverse stock split to regain Nasdaq compliance
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- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1074871/000121390026037531/0001213900-26-037531-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1074871/000121390026037531/ea0283929-8k_modular.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-037531

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