Manchester Management Files 13D/A for Modular Medical
Ticker: MODD · Form: SC 13D/A · Filed: Nov 25, 2024 · CIK: 1074871
Sentiment: neutral
Topics: 13d-a, ownership-change, filing-amendment
Related Tickers: MODD
TL;DR
Manchester Management updated its stake in Modular Medical. Watch for potential moves.
AI Summary
Manchester Management Co LLC, through James E. Besser, has amended its Schedule 13D filing for Modular Medical, Inc. as of November 21, 2024. The filing indicates a change in beneficial ownership, though specific share counts or dollar amounts are not detailed in this excerpt. The amendment was filed on November 25, 2024.
Why It Matters
This filing signals a potential shift in control or significant stakeholding in Modular Medical, Inc. by Manchester Management Co LLC, which could influence the company's future direction.
Risk Assessment
Risk Level: medium — Schedule 13D filings often precede significant corporate actions or changes in control, introducing uncertainty.
Key Players & Entities
- Manchester Management Co LLC (company) — Filing Person
- James E. Besser (person) — Authorized Contact
- Modular Medical, Inc. (company) — Subject Company
FAQ
What specific changes in beneficial ownership are detailed in this amendment?
This excerpt does not specify the exact number of shares or percentage of ownership change, only that an amendment to the Schedule 13D was filed.
What is the primary purpose of this Schedule 13D/A filing?
The filing is an amendment to a previous Schedule 13D, indicating a change in the beneficial ownership of Modular Medical, Inc. by Manchester Management Co LLC.
Who is the authorized person to receive notices for this filing?
James E. Besser, c/o Manchester Management Company, LLC, is the authorized person.
When was the event that required this filing to occur?
The date of the event which requires filing of this statement is November 21, 2024.
What is the CUSIP number for Modular Medical, Inc.'s common stock?
The CUSIP number for Modular Medical, Inc. Common Stock is 60785L108.
Filing Stats: 2,427 words · 10 min read · ~8 pages · Grade level 7.5 · Accepted 2024-11-25 19:18:33
Key Financial Figures
- $0.001 — me of Issuer) Common Stock, par value $0.001 per share (Title of Class of Securiti
- $1.50 — , par value $0.001 per share 166,666 $1.50
Filing Documents
- d11021174_13d-a.htm (SC 13D/A) — 162KB
- 0000919574-24-006888.txt ( ) — 164KB
From the Filing
SC 13D/A 1 d11021174_13d-a.htm UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13D THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. 8)* 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) November 21, 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 4,268,727 9. SOLE DISPOSITIVE POWER 0 10. SHARED DISPOSITIVE POWER 4,268,727 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,268,727 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 12.1% 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 3,938,254 9. SOLE DISPOSITIVE POWER 0 10. SHARED DISPOSITIVE POWER 3,938,254 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,938,254 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 11.2% 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) 1.0% 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 4,268,727 9. SOLE DISPOSITIVE POWER 0 10. SHARED DISPOSITIVE POWER 4,268,727 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,268,727 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 12.1% 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 FUNDS AF