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Modular Medical, Inc.

0.1569

-0.0171-9.83%

Post-market: 0.1561-0.0008-0.51%18:55 EDT

Volume:2.67M

Turnover:432.83K

Market Cap:22.88M

PE:-0.32

High:0.1725

Open:0.1650

Low:0.1510

Close:0.1740

52wk High:1.16

52wk Low:0.1184

Shares:145.81M

Float Shares:140.00M

Volume Ratio:2.96

T/O Rate:1.91%

Dividend:- -

Dividend Rate:- -

EPS(TTM):-0.4918

EPS(LYR):-0.5087

ROE:-331.77%

ROA:-149.81%

PB:3.89

PE(LYR):-0.31

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Overview Company News Filings

Modular Medical announces 1-for-30 reverse stock split

BRIEF-Modular Medical Implements Employee Lay-Off And Position Elimination

Modular Medical Inc - Estimates Non-Recurring Charges of $0.1 Mln-$0.2 Mln for Reductions by Quarter Ending June 30, 2026 - SEC Filing

THOMSON REUTERS

Modular Medical Inc - Reductions Impact 20 Positions, or 29% of Workforce - SEC Filing

THOMSON REUTERS

Modular Medical Inc - Implements Employee Lay-off and Position Elimination on March 12, 2026 - SEC Filing

THOMSON REUTERS

Modular Medical Inc - Expects Annual Operating Expenses to Decrease by About $3.4 Mln - SEC Filing

THOMSON REUTERS

Modular Medical to cut 29% of workforce and reduce annual operating expenses by USD 3.4 million

Modular Medical prices 68.1M shares at 17.62c in public offering

Modular Medical Secures $350,000 Revolving Credit Facility From CEO James E. Besser

Modular Medical starts production of validation lots for Pivot pump set

Modular Medical Inc. Announces Date for Upcoming Annual Shareholder Meeting

Modular Medical Secures IRB Approval for Pivot Insulin Pump Study

Modular Medical Submits Pivot Tubeless Insulin Patch Pump for FDA 510(k) Review

Modular Medical Appoints David Bosshard to Lead International Expansion of Pivot Insulin Delivery System

Modular Medical announces exercise of warrants for $4.4M in proceeds

Modular Medical Announces $4.4 Million Raised Through Warrant Exercise and Private Placement of New Warrants

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The common stock is expected t...","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/modular-medical-announces-1-for-30-reverse-stock-split-thefly-news?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/modular-medical-announces-1-for-30-reverse-stock-split-thefly-news?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["MODD","BK4082"],"gpt_icon":0},{"id":"2619914375","title":"BRIEF-Modular Medical Implements Employee Lay-Off And Position Elimination","url":"https://stock-news.laohu8.com/highlight/detail?id=2619914375","media":"Reuters","labels":["executive","event"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2619914375?lang=en_us&edition=fundamental","pubTime":"2026-03-14 05:37","pubTimestamp":1773437853,"startTime":"0","endTime":"0","summary":"BRIEF-Modular Medical Implements Employee Lay-Off And Position Elimination March 13  - Modular Medical Inc MODD.O:MODULAR MEDICAL INC - IMPLEMENTS EMPLOYEE LAY-OFF AND POSITION ELIMINATION ON MARCH 12, 2026 - SEC FILINGMODULAR MEDICAL INC - REDUCTIONS IMPACT 20 POSITIONS, OR 29% OF WORKFORCE - SEC FILINGMODULAR MEDICAL INC - ESTIMATES NON-RECURRING CHARGES OF $0.1 MILLION-$0.2 MILLION FOR REDUCTIONS BY QUARTER ENDING JUNE 30, 2026  - SEC FILINGMODULAR MEDICAL INC - EXPECTS ANNUAL OPERATING EXPENSES TO DECREASE BY ABOUT $3.4 MILLION - SEC FILINGFurther company coverage: MODD.O ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260313:nFWN4011E6:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"executive,event","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4082","MODD"],"gpt_icon":0},{"id":"2619619110","title":"Modular Medical Inc - Estimates Non-Recurring Charges of $0.1 Mln-$0.2 Mln for Reductions by Quarter Ending June 30, 2026  - SEC Filing","url":"https://stock-news.laohu8.com/highlight/detail?id=2619619110","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2619619110?lang=en_us&edition=fundamental","pubTime":"2026-03-14 04:01","pubTimestamp":1773432114,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260313:nFWN4011E6:3","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4082","MODD"],"gpt_icon":0},{"id":"2619110616","title":"Modular Medical Inc - Reductions Impact 20 Positions, or 29% of Workforce - SEC Filing","url":"https://stock-news.laohu8.com/highlight/detail?id=2619110616","media":"THOMSON REUTERS","labels":["event"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2619110616?lang=en_us&edition=fundamental","pubTime":"2026-03-14 04:01","pubTimestamp":1773432114,"startTime":"0","endTime":"0","summary":null,"market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260313:nFWN4011E6:2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"event","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4082","MODD"],"gpt_icon":0},{"id":"2619106691","title":"Modular Medical Inc - Implements Employee Lay-off and Position Elimination on March 12, 2026 - SEC Filing","url":"https://stock-news.laohu8.com/highlight/detail?id=2619106691","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2619106691?lang=en_us&edition=fundamental","pubTime":"2026-03-14 04:01","pubTimestamp":1773432114,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260313:nFWN4011E6:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["MODD","BK4082"],"gpt_icon":0},{"id":"2619106431","title":"Modular Medical Inc - Expects Annual Operating Expenses to Decrease by About $3.4 Mln - SEC Filing","url":"https://stock-news.laohu8.com/highlight/detail?id=2619106431","media":"THOMSON REUTERS","labels":["event"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2619106431?lang=en_us&edition=fundamental","pubTime":"2026-03-14 04:01","pubTimestamp":1773432114,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260313:nFWN4011E6:4","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"event","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["MODD","BK4082"],"gpt_icon":0},{"id":"2619411069","title":"Modular Medical to cut 29% of workforce and reduce annual operating expenses by USD 3.4 million","url":"https://stock-news.laohu8.com/highlight/detail?id=2619411069","media":"Reuters","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2619411069?lang=en_us&edition=fundamental","pubTime":"2026-03-14 04:01","pubTimestamp":1773432092,"startTime":"0","endTime":"0","summary":"Implemented an employee layoff and eliminated 20 positions, affecting about 29% of the workforce.Annual operating expenses are expected to fall by about USD 3.4 million.Estimated non-recurring charges tied to the reductions are about USD 0.1 million to USD 0.2 million.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Modular Medical Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission , on March 13, 2026, and is solely responsible for the information contained therein.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260313:nNDL6d61mk:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["MODD","BK4082"],"gpt_icon":0},{"id":"2616329682","title":"Modular Medical prices 68.1M shares at 17.62c in public offering","url":"https://stock-news.laohu8.com/highlight/detail?id=2616329682","media":"TIPRANKS","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2616329682?lang=en_us&edition=fundamental","pubTime":"2026-03-03 22:38","pubTimestamp":1772548724,"startTime":"0","endTime":"0","summary":"Modular Medical (MODD) announced the pricing of a public offering with new and existing investors of 68,098,000 shares of its common stock and warr...","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/modular-medical-prices-68-1m-shares-at-17-62c-in-public-offering-thefly-news?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/modular-medical-prices-68-1m-shares-at-17-62c-in-public-offering-thefly-news?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4082","MODD"],"gpt_icon":0},{"id":"2613271479","title":"Modular Medical Secures $350,000 Revolving Credit Facility From CEO James E. Besser","url":"https://stock-news.laohu8.com/highlight/detail?id=2613271479","media":"Reuters","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2613271479?lang=en_us&edition=fundamental","pubTime":"2026-02-24 21:32","pubTimestamp":1771939932,"startTime":"0","endTime":"0","summary":"Modular Medical Inc. entered into a new secured promissory note with its CEO, James E. Besser, providing a $350,000 revolving credit facility. The note carries 12% interest on each draw, is secured by all company assets and intellectual property, and matures on March 25, 2026, with earlier repayment required if the company raises more than $2 million from equity financings before maturity. The company reported no borrowings under the facility as of the filing date.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Modular Medical Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission , on February ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260224:nNDL950kcS:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4082","MODD"],"gpt_icon":0},{"id":"2608367210","title":"Modular Medical starts production of validation lots for Pivot pump set","url":"https://stock-news.laohu8.com/highlight/detail?id=2608367210","media":"TIPRANKS","labels":["productRelease"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2608367210?lang=en_us&edition=fundamental","pubTime":"2026-02-04 21:56","pubTimestamp":1770213365,"startTime":"0","endTime":"0","summary":"Modular Medical (MODD) announced the start of production of validation lots for its Pivot tubeless patch pump’s disposable cartridge and infusion s...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/modular-medical-starts-production-of-validation-lots-for-pivot-pump-set-thefly?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/modular-medical-starts-production-of-validation-lots-for-pivot-pump-set-thefly?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"productRelease","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4082","MODD"],"gpt_icon":0},{"id":"2595375378","title":"Modular Medical Inc. Announces Date for Upcoming Annual Shareholder Meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=2595375378","media":"Reuters","labels":["conferences"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2595375378?lang=en_us&edition=fundamental","pubTime":"2025-12-30 06:03","pubTimestamp":1767045813,"startTime":"0","endTime":"0","summary":"Modular Medical, Inc. will hold its Annual Meeting of Shareholders virtually on January 23, 2026. Shareholders of record as of December 24, 2025, will be entitled to vote on several matters, including the election of directors and any other business that may properly come before the meeting or any adjournment or postponement thereof.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Modular Medical Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission , on December 29, 2025, and is solely responsible for the information contained therein.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251229:nNDLPZpSG:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"conferences","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["MODD","BK4082"],"gpt_icon":0},{"id":"2584626184","title":"Modular Medical Secures IRB Approval for Pivot Insulin Pump Study","url":"https://stock-news.laohu8.com/highlight/detail?id=2584626184","media":"Reuters","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2584626184?lang=en_us&edition=fundamental","pubTime":"2025-11-17 21:30","pubTimestamp":1763386236,"startTime":"0","endTime":"0","summary":"Modular Medical Inc. has received Institutional Review Board  approval to conduct an in-house study of its next-generation Pivot insulin delivery system. The study will deliver insulin to adult participants with diabetes wearing continuous glucose monitors, aiming to simulate real-world conditions and gather data on device function, usability, and participant feedback. This IRB approval is a key milestone as the company awaits FDA clearance for the Pivot system, which has not yet been cleared for sale. No grant or funding from multiple organizations was mentioned.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Modular Medical Inc. published the original content used to generate this news brief via ACCESS Newswire  on November 17, 2025,","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251117:nNDL7by8Jj:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["MODD","BK4082"],"gpt_icon":0},{"id":"2583501293","title":"Modular Medical Submits Pivot Tubeless Insulin Patch Pump for FDA 510(k) Review","url":"https://stock-news.laohu8.com/highlight/detail?id=2583501293","media":"Reuters","labels":["productRelease"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2583501293?lang=en_us&edition=fundamental","pubTime":"2025-11-14 22:00","pubTimestamp":1763128844,"startTime":"0","endTime":"0","summary":"Modular Medical Inc. has announced the submission of its next generation Pivot tubeless insulin patch pump for FDA 510 clearance. The company expects to receive initial questions from the FDA in the fourth quarter of 2025 and is preparing for a commercial launch in the first quarter of 2026, pending regulatory approval. The Pivot system is not yet cleared for sale by the FDA. No grant or funding announcement involving multiple organizations was included.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Modular Medical Inc. published the original content used to generate this news brief via ACCESS Newswire  on November 14, 2025, and is solely responsible for the information contained therein.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251114:nNDL1XKF1T:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"productRelease","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["MODD","BK4082"],"gpt_icon":0},{"id":"2573672287","title":"Modular Medical Appoints David Bosshard to Lead International Expansion of Pivot Insulin Delivery System","url":"https://stock-news.laohu8.com/highlight/detail?id=2573672287","media":"Reuters","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2573672287?lang=en_us&edition=fundamental","pubTime":"2025-10-06 20:30","pubTimestamp":1759753822,"startTime":"0","endTime":"0","summary":"Modular Medical Inc. has announced the appointment of David Bosshard as Head of International Operations. Bosshard, who brings extensive experience in launching insulin delivery systems globally, will lead the company's international expansion efforts for its Pivot insulin delivery system.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Modular Medical Inc. published the original content used to generate this news brief via ACCESS Newswire  on October 06, 2025, and is solely responsible for the information contained therein.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251006:nNDL6F4VbY:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["MODD","BK4082"],"gpt_icon":0},{"id":"2571312193","title":"Modular Medical announces exercise of warrants for $4.4M in proceeds","url":"https://stock-news.laohu8.com/highlight/detail?id=2571312193","media":"TIPRANKS","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2571312193?lang=en_us&edition=fundamental","pubTime":"2025-09-29 21:35","pubTimestamp":1759152931,"startTime":"0","endTime":"0","summary":"Modular Medical (MODD) announced the exercise of certain existing warrants issued in May 2023 and March 2025 at a reduced exercise price of $0.68 p...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/modular-medical-announces-exercise-of-warrants-for-4-4m-in-proceeds-thefly?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/modular-medical-announces-exercise-of-warrants-for-4-4m-in-proceeds-thefly?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4082","MODD"],"gpt_icon":0},{"id":"2571433812","title":"Modular Medical Announces $4.4 Million Raised Through Warrant Exercise and Private Placement of New Warrants","url":"https://stock-news.laohu8.com/highlight/detail?id=2571433812","media":"Reuters","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2571433812?lang=en_us&edition=fundamental","pubTime":"2025-09-29 20:00","pubTimestamp":1759147258,"startTime":"0","endTime":"0","summary":"Modular Medical Inc. , a provider of innovative insulin delivery technology, has announced the exercise of certain warrants issued in May 2023 and March 2025, generating approximately $4.4 million in gross proceeds. In connection with the immediate cash exercise of 6,504,731 existing warrants at a reduced price of $0.68 per share, the company will issue new unregistered warrants to purchase up to 3,252,366 shares of common stock at an exercise price of $0.84 per share. These new warrants are exercisable immediately and have a five-year term. The proceeds will be used for working capital and general corporate purposes. Further details are available in the company's recent SEC filings.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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