MODDGeneral
Modular Medical Announces Pricing of $3.4 Million Registered Direct Offering of Common Stock
Modular Medical, Inc. has announced the pricing of a registered direct offering of 750,000 shares of common stock at $4.50 each, expected to generate around $3.4 million. The offering is set to close on or about April 21, 2026, pending customary closing conditions. Maxim Group LLC is the sole placement agent for this offering.
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Modular Medical Regains Compliance with Nasdaq Minimum Bid Price Requirement SAN DIEGO, CA / ACCESSWIRE /
Modular Medical, Inc. has announced that it has successfully regained compliance with the Nasdaq Capital Market's minimum bid price requirement. As of April 14, 2026, the company's common stock has maintained a closing bid price exceeding $1.00 for 10 consecutive trading days. Nasdaq has confirmed that the matter is now closed. Modular Medical aims to innovate in insulin delivery technology, making it both affordable and user-friendly.
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Modular Medical Announces 1-for-30 Reverse Stock Split SAN DIEGO, CA / ACCESSWIRE /
Modular Medical, Inc. has announced a 1-for-30 reverse stock split of its common stock, effective March 31, 2026. This decision was made to satisfy Nasdaq's minimum bid price requirement of $1.00 per share, following approval from shareholders at the fiscal 2026 Annual Meeting. Post-split, approximately 4.66 million shares will remain outstanding. The change is aimed at improving the company's financial standing and market perception. Shareholders will receive cash for any fractional shares resulting from the split.
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Modular Medical Announces $12.0 Million Public Offering Priced at a Premium to Market SAN DIEGO, CA / ACCESS Newswire /
Modular Medical, Inc. has announced a $12.0 million public offering priced at $0.1762 per share, aimed at new and existing investors. The offering includes 68,098,000 shares and warrants exercisable immediately. The expected gross proceeds may enhance the company's financial position as it prepares for the closing, scheduled around March 4, 2026. Maxim Group LLC serves as the sole placement agent for this offering.
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Modular Medical Achieves Key Manufacturing Milestone for Pivot Tubeless Insulin Patch Pump
Modular Medical has commenced production of validation lots for its Pivot tubeless insulin patch pump, aiming for a Q1 2026 launch pending FDA clearance. The Pivot system targets adults with diabetes who are reluctant to switch from multiple daily injections due to cost and complexity. This milestone is expected to enhance the company's scalability and market position in the growing diabetes tech sector.
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Modular Medical Receives 180-Day Extension to Regain Compliance with Nasdaq Minimum Bid Price Rule
Modular Medical, Inc. has been granted a 180-day extension by Nasdaq to comply with the minimum bid price requirement. The company must achieve a closing bid price of $1.00 per share for 10 consecutive business days by June 29, 2026, to regain compliance. If unsuccessful, it risks delisting but can appeal any decision made by Nasdaq.
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Modular Medical Announces Proposed Public Offering SAN DIEGO, CA/ACCESSWIRE/
Modular Medical, Inc. has announced a proposed public offering of its common stock and warrants to expand its operations. The offering is targeted at adult diabetics and is expected to improve access to innovative insulin delivery technology. While the company has initiated this offering to potentially enhance funding and growth, it also noted the uncertainties surrounding its completion and market conditions. The offering is backed by Newbridge Securities Corporation as the sole bookrunner and follows a previously effective registration statement.
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Modular Medical Appoints Industry Veteran Jeff Goldberg to Board of Directors SAN DIEGO, CA / ACCESSWIRE /
Modular Medical has announced the appointment of Jeff Goldberg to its Board of Directors. Goldberg, an established industry veteran, brings significant experience in healthcare and medical devices, particularly in developing generic insulin. His leadership is anticipated to support Modular Medical's goals of simplifying insulin delivery and enhancing diabetes care. The company aims to provide affordable and effective insulin delivery solutions, with Goldberg playing a crucial role in this vision.
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Modular Medical Announces FDA Clearance of the MODD1 Insulin Pump MODD1 is a patch pump for ALL adults with Type 1 and Type 2 diabetes Designed to be simpler and more affordable to expand access to diabetes technology fo
Modular Medical, Inc. has announced that the U.S. FDA has cleared its MODD1 insulin pump for marketing and sale in the United States. The company is focusing on making diabetes care more accessible and affordable, particularly for underserved communities. With commercial manufacturing nearly complete, the MODD1 pump is expected to be available for consumers in early 2025. The leadership expresses gratitude to employees and shareholders, emphasizing their commitment to improving diabetes care.
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Modular Medical Announces Proposed Public Offering San Diego
Modular Medical, Inc. announced a proposed public offering of its common stock to support its development of next-generation insulin delivery technology. The offering includes a 30-day option for the underwriter to purchase additional shares, but it remains subject to market conditions. The company, led by experienced professionals in medical devices, aims to improve access to insulin delivery systems, although uncertainty exists regarding the completion and terms of the offering. This step is crucial for financing further product development against various market risks.
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Modular Medical Announces 510(k) Submission of MODD1 Insulin Pump SAN DIEGO, CA / ACCESSWIRE /
Modular Medical has announced the submission of its MODD1 insulin pump for 510(k) clearance to the FDA, marking a significant step in its product development. The company is focused on creating a user-friendly and affordable device to enhance diabetes management. The pump's design aims to attract users who have been deterred by the complexity and cost of existing insulin pumps. Additionally, Modular Medical plans to pursue UKCA mark clearance while preparing for market launch.
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Investor Presentation . NASDAQ:MODD 2 | Forward Looking Statements, Other Disclaimers . This presentation includes forward - looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended;
Modular Medical, a development stage medical device company, is presenting its innovative insulin delivery system, MODD1, aimed at expanding access for diabetes management. The company plans to submit for FDA approval in January 2024 and targets a $3 billion market. The presentation highlights both the potential benefits of their product and the inherent risks associated with their forward-looking statements, particularly in relation to regulatory compliance and market acceptance. The company acknowledges the complexities and high costs of existing insulin pump systems as significant barriers to adoption among patients.
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Modular Medical Announces Diabetes Industry Veteran Duane DeSisto Will Join the Board of Directors SAN DIEGO, CA / ACCESSWIRE /
Modular Medical announced the appointment of Duane DeSisto to its board of directors. DeSisto, a veteran in the diabetes industry with over 25 years of experience, previously led Insulet Corporation during its significant growth. His expertise is expected to aid Modular Medical as it prepares to launch a new insulin delivery technology aimed at improving patient accessibility and outcomes. The leadership team believes this addition will provide strategic advantages in the competitive diabetes market.
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Modular Medical Announces Pricing of Upsized $9.4 Million Public Offering SAN DIEGO, CA / ACCESSWIRE /
Modular Medical, Inc. has announced the pricing of an upsized public offering totaling $9.4 million, consisting of shares and warrants. The net proceeds, estimated at about $8.3 million, are intended to support corporate operations and the anticipated FDA approval process for its insulin delivery technology. The offering, managed by Newbridge Securities Corporation, is set to close around May 18, 2023. Modular Medical aims to streamline insulin delivery and improve access for individuals managing diabetes.
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Modular Medical Appoints Kevin Schmid as Chief Operating Officer Schmid brings 40 years of experience in medical devices for drug delivery and diabetes management and a background in high-volume manufacturing San Diego,
Medical Appoints Kevin Schmid as Chief Operating Officer
brings 40 years of experience in medical devices for drug delivery and diabetes management and a background in high-volume manufacturing
Diego, CA / ACCESSWIRE / July 26, 2022 / Modular Medical, Inc. (the
"Company" or "M
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Investor Presentation . NASDAQ:MODD 2 | Forward Looking Statements, Other Disclaimers . This presentation includes forward - looking statements within the meaning of Section 27A of the Securities Act of 1933, as amende d
Investor Presentation . NASDAQ:MODD
2 | Forward Looking Statements, Other Disclaimers . This presentation includes forward - looking statements within the meaning of Section 27A of the Securities Act of 1933, as amende d; Section 21E of the Securities Exchange Act of 1934, as am
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Modular Medical Announces $8 Million Registered Direct Offering SAN DIEGO, CA / ACCESSWIRE /
Modular Medical Announces $8 Million Registered Direct Offering
DIEGO, CA / ACCESSWIRE / May 3, 2022 / Modular Medical, Inc. (the "Company" or "Modular Medical")
(NASDAQ:MODD), today announced that it has entered into a securities purchase agreement with institutional investor
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Modular Medical Appoints James "Jeb" Besser as Chief Executive Officer Lynn Vos to remain on board of directors Besser brings 25 years of experience in life sciences, technology, capital markets Company reaffirms timelin
Modular Medical Appoints James "Jeb" Besser as Chief Executive Officer
Lynn Vos to remain on board of directors
Besser brings 25 years of experience in life sciences, technology, capital markets
Company reaffirms timeline for 510(k) submission of MODD1 insulin pump to FDA
Feb
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MODULAR MEDICAL Investor Presentation. NASDAQ:MODD Forward Looking Statements, Other Disclaimers. THIS SUMMARY IS PROVIDED ON A CONFIDENTIAL AND LIMITED BASIS, SOLELY FOR YOUR USE AS A PART OF YOUR DETERMINATION OF WHETH
Investor Presentation.
Forward Looking Statements, Other Disclaimers.
THIS SUMMARY IS PROVIDED ON A CONFIDENTIAL AND LIMITED BASIS, SOLELY FOR YOUR USE AS A PART OF YOUR DETERMINATION OF WHETHER TO INVEST IN THE OPPORTUNITY. THIS SUMMARY IS BEING PROVIDED IN RELIANCE UPON SECTI
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Modular Medical Announces Pricing of $15 Million Public Offering and Uplisting to the Nasdaq Capital Market
Medical Announces Pricing of $15 Million Public Offering and Uplisting to the Nasdaq Capital Market
DIEGO, CA, Feb. 10, 2022 (ACCESSWIRE) -- Modular Medical, Inc., (Nasdaq:MODD) (the "Company" or "Modular Medical"),
a development-stage insulin pump company focused on providing
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Steven G. Felsher and Philip B. Sheibley Appointed to Board of Directors of Modular Medical, Inc. San Diego, CA
Felsher and Philip B. Sheibley Appointed to Board of Directors of
Diego, CA, November 29, 2021 - Modular Medical, Inc. (the "Company"
or "Modular Medical") (OTCQB:MODD), a development-stage insulin pump company focused on providing insulin delivery
without complexity to increa
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Modular Medical, Inc. Announces Reverse Stock Split in Connection with Application for Uplisting on the NASDAQ Capital Market San Diego, CA
Inc. Announces Reverse Stock Split in Connection with Application for
Uplisting on the NASDAQ Capital Market
Diego, CA, November 26, 2021 - Modular Medical, Inc. (the "Company")
(OTCQB:MODD), a development-stage insulin pump company focused on providing insulin delivery withou
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Investor Presentation. OTCQB:MODD Forward Looking Statements, Other Disclaimers. THIS SUMMARY IS PROVIDED ON A CONFIDENTIAL AND LIMITED BASIS, SOLELY FOR YOUR USE AS A PART OF YOUR DETERMINATION OF WHETHER TO INVEST IN T
Investor Presentation. OTCQB:MODD
Forward Looking Statements, Other Disclaimers.
THIS SUMMARY IS PROVIDED ON A CONFIDENTIAL AND LIMITED BASIS, SOLELY FOR YOUR USE AS A PART OF YOUR DETERMINATION OF WHETHER TO INVEST IN THE OPPORTUNITY. THIS SUMMARY IS BEING PROVIDED IN RELIANCE
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MODULAR MEDICAL EXPANDS EXECUTIVE TEAM WITH APPOINTMENT OF LYNN O'CONNOR VOS AS NEW CEO O'Connor Vos Brings Deep Experience in Market Development, Commercializing Products and Patient Advocacy SAN DIEGO, CA / ACCESSWIRE
EXPANDS EXECUTIVE TEAM WITH APPOINTMENT OF
Vos Brings Deep Experience in Market Development,
Products and Patient Advocacy
/ ACCESSWIRE /August 16, 2021 / Modular Medical, Inc. (OTCQB:MODD), a development-stage insulin pump company focused on providing
insulin delivery withou
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Modular Medical Announces Financing
Medical Announces Financing
SAN DIEGO, CA May 12, 2021 - Modular Medical, Inc. (OTCQB: MODD), a medical device company focused on next generation insulin delivery technologies to widen the accessibility of insulin pumps to a greater share of people with type 1 and type 2 diabete
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Forward Looking Statements, Other Disclaimers.
Investor Presentation.
Forward Looking Statements, Other Disclaimers.
THIS SUMMARY IS PROVIDED ON A CONFIDENTIAL AND LIMITED BASIS, SOLELY FOR YOUR USE AS A PART OF YOUR DETERMINATION OF WHETHER TO INVEST IN THE OPPORTUNITY. THIS SUMMARY IS BEING PROVIDED IN RELIANCE UPON SECTI
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COMMON STOCK PURCHASE AGREEMENT by and among MODULAR MEDICAL, INC. and
STOCK PURCHASE AGREEMENT
Common Stock Purchase Agreement (this "Agreement") is dated as of November 19, 2018, by and among MODULAR
MEDICAL, INC., a Nevada corporation (the "Company"), and each investor listed on the Schedule of Investors
attached hereto (individually an "Inves
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Lichter, Yu and Associates, Inc. Certified Public Accountants 21031 Ventura Blvd., suite 316 Woodland Hills, CA 91364 Tel (818)789-0265 Fax (818) 789-3949 Report of Independent Registered Public Accounting Firm Board of
Yu and Associates, Inc.
Ventura Blvd., suite 316
(818)789-0265 Fax (818) 789-3949
Independent Registered Public Accounting Firm
the accompanying balance sheets of Quasuras, Inc. (the "Company") as of March 31, 2017 and 2016, and the related statements
of operations, stockhol
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