Manchester Management Amends Modular Medical Stake

TL;DR

**Manchester Management just updated their stake in Modular Medical, watch for potential moves!**

AI Summary

Manchester Management Company, LLC, and James E. Besser filed an Amendment No. 7 to their Schedule 13D on February 21, 2024, regarding their ownership in Modular Medical, Inc. The filing indicates a change in the date of the event requiring the statement to February 16, 2024. The CUSIP number for Modular Medical, Inc.'s Common Stock is 60785L108.

Why It Matters

This amendment signals a change in the reporting persons' beneficial ownership or intent regarding Modular Medical, Inc., which could influence investor perception and stock performance.

Risk Assessment

Risk Level: low — This is an amendment to a Schedule 13D, indicating a change in ownership or intent, which is a standard regulatory update and not inherently high-risk.

Key Players & Entities

• Modular Medical, Inc. (company) — Subject Company
• Manchester Management Company, LLC (company) — Filing Person
• James E. Besser (person) — Person Authorized to Receive Notices
• $0.001 (dollar_amount) — par value per share of Common Stock
• February 16, 2024 (date) — Date of Event Which Requires Filing

FAQ

Key Financial Figures

• $0.001 — me of Issuer) Common Stock, par value $0.001 per share (Title of Class of Securiti
• $1.10 — , par value $0.001 per share 900,000 $1.10 The Form 4 filed by the Reporting Per

Filing Documents

• d10846266_13d-a.htm (SC 13D/A) — 148KB
• 0000919574-24-001617.txt ( ) — 149KB

From the Filing

SC 13D/A 1 d10846266_13d-a.htm UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13D THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. 7)* Modular Medical, Inc. (Name of Issuer) Common Stock, par value $0.001 per share (Title of Class of Securities) 60785L108 (CUSIP Number) James E. Besser c/o Manchester Management Company, LLC 2 Calle Candina, #1701 San Juan, Puerto Rico, 00907 Telephone Number: (617) 399-1741 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) February 16, 2024 (Date of Event Which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of ss.240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box [ ]. * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. CUSIP No. 60785L108 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Manchester Management PR, LLC 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_] (b) [_] 3. SEC USE ONLY 4. SOURCE OF FUNDS AF 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] 6. CITIZENSHIP OR PLACE OF ORGANIZATION Puerto Rico NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON 7. SOLE VOTING POWER 0 8. SHARED VOTING POWER 4,102,061 9. SOLE DISPOSITIVE POWER 0 10. SHARED DISPOSITIVE POWER 4,102,061 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,102,061 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13.0% 14. TYPE OF REPORTING PERSON IA CUSIP No. 60785L108 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Manchester Explorer, L.P. 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_] (b) [_] 3. SEC USE ONLY 4. SOURCE OF FUNDS WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] 6. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON 7. SOLE VOTING POWER 0 8. SHARED VOTING POWER 3,771,588 9. SOLE DISPOSITIVE POWER 0 10. SHARED DISPOSITIVE POWER 3,771,588 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,771,588 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 11.9% 14. TYPE OF REPORTING PERSON PN CUSIP No. 60785L108 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) JEB Partners, L.P. 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_] (b) [_] 3. SEC USE ONLY 4. SOURCE OF FUNDS WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] 6. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON 7. SOLE VOTING POWER 0 8. SHARED VOTING POWER 330,473 9. SOLE DISPOSITIVE POWER 0 10. SHARED DISPOSITIVE POWER 330,473 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 330,473 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.1% 14. TYPE OF REPORTING PERSON PN CUSIP No. 60785L108 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Manchester Management Company, LLC 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_] (b) [_] 3. SEC USE ONLY 4. SOURCE OF FUNDS AF 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] 6. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON 7. SOLE VOTING POWER 0 8. SHARED VOTING POWER 4,102,061 9. SOLE DISPOSITIVE POWER 0 10. SHARED DISPOSITIVE POWER 4,102,061 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,102,061 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13.0% 14. TYPE OF REPORTING PERSON OO CUSIP No. 60785L108 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) James E. Besser 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_] (b) [_] 3. SEC USE ONLY 4. SOURCE OF

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