secwatch.observer — SEC 8-K summary
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Issuer:     Modular Medical, Inc. (MODD)
CIK:        0001074871
Form:       8-K
Filed at:   2026-04-21T23:59:59+00:00
Accession:  0001213900-26-045985
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1074871/000121390026045985/0001213900-26-045985-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1074871/000121390026045985/ea0287108-8k_modular.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-045985

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer