Modular Medical effects 1-for-30 reverse stock split to maintain Nasdaq listing
Modular Medical Inc MODD | 5.86 | +21.58% |
- Modular Medical will execute a 1-for-30 reverse stock split effective 5:30 a.m. ET on March 31, 2026.
- Shares are expected to trade split-adjusted on Nasdaq at the open on March 31 under symbol MODD.
- Outstanding share count will fall to about 4.7 million from about 140 million.
- Move targets compliance with Nasdaq $1 minimum bid requirement.
Disclaimer: This news brief was created by Public Technologies (PUBT) 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 (Ref. ID: 0001213900-26-037531), on March 31, 2026, and is solely responsible for the information contained therein.
