Modular Medical Faces Delisting Concerns

TL;DR

Modular Medical might get delisted - big trouble for the stock.

AI Summary

Modular Medical, Inc. filed an 8-K on December 30, 2025, to report a notice of delisting or failure to satisfy a continued listing rule. The filing also includes Regulation FD disclosures and financial statements and exhibits. The company is incorporated in Nevada and its principal executive offices are located in San Diego, California.

Why It Matters

This filing indicates potential issues with Modular Medical's continued listing on an exchange, which could significantly impact its stock trading and investor confidence.

Risk Assessment

Risk Level: high — A notice of delisting or failure to meet listing standards poses a significant risk to the company's operations and stock value.

Key Players & Entities

• Modular Medical, Inc. (company) — Registrant
• December 30, 2025 (date) — Date of earliest event reported
• Nevada (jurisdiction) — State of Incorporation
• San Diego, California (location) — Principal executive offices
• 858-800-3500 (phone_number) — Business phone

FAQ

Key Financial Figures

• $0.001 — r the Company's common stock, par value $0.001 per share (the "Common Stock"), for the
• $1 — ness days, had closed below the minimum $1 per share and, as a result, the Company
• $1 m — e Company is not in compliance with the $1 minimum bid price requirement for the con

Filing Documents

• ea0271368-8k_modular.htm (8-K) — 31KB
• ea027136801ex99-1_modular.htm (EX-99.1) — 7KB
• 0001213900-25-126825.txt ( ) — 202KB
• modd-20251230.xsd (EX-101.SCH) — 3KB
• modd-20251230_lab.xml (EX-101.LAB) — 33KB
• modd-20251230_pre.xml (EX-101.PRE) — 22KB
• ea0271368-8k_modular_htm.xml (XML) — 3KB

01 Notice of Delisting or Failure to

Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. As previously reported, on June 30, 2025, Modular Medical, Inc. (the "Company") received written notice (the "Notice") from the Nasdaq Stock Market, LLC ("Nasdaq") indicating that the bid price for the Company's common stock, par value $0.001 per share (the "Common Stock"), for the last 30 consecutive business days, had closed below the minimum $1 per share and, as a result, the Company is not in compliance with the $1 minimum bid price requirement for the continued listing on the Nasdaq Capital Market, as set forth in Nasdaq Listing Rule 5550(a)(2) (the "Bid Price Rule"). On December 30, 2025, the Company received written notification from the Listing Qualifications Department of Nasdaq, granting the Company's request for a 180-day extension to regain compliance with the Bid Price Rule. The Company now has until June 29, 2026 to meet the requirement. If at any time prior to June 29, 2026, the bid price of the Common Stock closes at $1 per share or more for a minimum of 10 consecutive business days, the Company will regain compliance with the Bid Price Rule. If the Company does not regain compliance with the Bid Price Rule during the additional 180-day extension, Nasdaq will provide written notification to the Company that its Common Stock will be delisted. At that time, the Company may appeal the relevant delisting determination to a hearings panel pursuant to the procedures set forth in the applicable Nasdaq Listing Rules. However, there can be no assurance that, if the Company does appeal the delisting determination by Nasdaq to the hearings panel, that such appeal would be successful. The Company will continue to monitor the closing bid price of the Common Stock and evaluate its available options to regain compliance with the Bid Price Rule. Nasdaq's extension notice has no immediate effect on the listing or trading of the Common Stock, which cont

01. Regulation FD Disclosure

Item 7.01. Regulation FD Disclosure. On December 31, 2025, the Company issued a press release announcing its receipt of the 180-day extension to regain compliance with the Nasdaq Bid Price Rule. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K. In accordance with General Instruction B.2 of Form 8-K, the information furnished under Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1, is deemed to be "furnished" and shall not be deemed "filed" for the purpose of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, nor shall such information and Exhibit be deemed incorporated by reference into any filing under the Securities Act or the Exchange Act. 1 Cautionary Note Regarding Forward-Looking Statements This Current Report on Form 8-K contains forward-looking statements, including, but not limited to, statements regarding the Company's ability to regain compliance with the Bid Price Rule, the Company's intentions to actively monitor closing bid price of its Common Stock and the Company's plans to consider implementing available options to regain compliance with the Bid Price Rule, and the Company's intention to appeal any future delisting determination. The Company's actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties, including the risk that the Company may not meet the minimum bid price requirement during any compliance period or in the future, the risk that the Company may not otherwise meet the requirements for continued listing under the Nasdaq Listing Rules, the risk that Nasdaq may not grant the Company relief from delisting if necessary, the risk that the Company may not ultimately meet applicable Nasdaq requirements if any such relief is necessary, among other risks and uncertainties. A further description of the risks and uncertainties relating

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press Release of Modular Medical, Inc. dated December 31, 2025 104 The cover page of this Current Report on Form 8-K, formatted in Inline XBRL 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MODULAR MEDICAL, INC. Date: December 31, 2025 By: /s/ James Besser James Besser Chief Executive Officer 3

View Full Filing

View this 8-K filing on SEC EDGAR