Modular Medical prices $3.4M offering of 750k shares at $4.50 each

Modular Medical, Inc.

• Gross proceeds ~$3.4M from sale of 750,000 shares; closing expected April 21, 2026.
• Offering priced at $4.50 per share under effective shelf registration S-3 (333-287313).
• Maxim Group LLC is sole placement agent with a 7% fee and up to $75k expense reimbursement.
• Directors and officers subject to 90-day lock-up; company restricted from new issuances for 45 days.