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Faces Potential Delisting from Nasdaq Over Sub-$1 Stock Price","url":"https://stock-news.laohu8.com/highlight/detail?id=2548848582","media":"Reuters","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2548848582?lang=en_us&edition=fundamental","pubTime":"2025-07-03 05:01","pubTimestamp":1751490068,"startTime":"0","endTime":"0","summary":"Modular Medical Inc. announced on June 30, 2025, that it received a notification from the Nasdaq Stock Market regarding its failure to meet the minimum bid price requirement of $1 per share, as per Nasdaq Listing Rule 5550. The company's stock has been trading below this threshold for 30 consecutive business days, ending on June 27, 2025. As a result, Modular Medical has been given a 180-day period, until December 29, 2025, to regain compliance by ensuring its stock price is at least $1 per share for ten consecutive business days. If the company fails to meet this requirement, it may seek an additional 180-day extension by meeting other listing standards and potentially implementing a reverse stock split. 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Reports No Revenue as Pre-Revenue Company; R&D Expenses Rise 14.1% in Fiscal Year Ending March 31, 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2544125500","media":"Reuters","labels":["dataReport","express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2544125500?lang=en_us&edition=fundamental","pubTime":"2025-06-20 18:08","pubTimestamp":1750414123,"startTime":"0","endTime":"0","summary":"Modular Medical Inc., a pre-revenue medical device company, released its annual report for the fiscal year ending March 31, 2025. The report indicates that the company has not yet generated revenue as it remains focused on the design, development, and commercialization of innovative insulin pumps. The company reported an increase in research and development expenses, rising to $14.697 million in 2025 from $12.880 million in 2024, marking a 14.1% increase year over year. The company continues to navigate challenging market conditions, including the impact of inflation and increased interest rates, which could affect its access to capital markets. There was no specific guidance or outlook regarding future revenues or profitability included in the report.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and shou","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250620:nNDLbQK4C3:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":"Modular Medical Inc. Reports No Revenue as Pre-Revenue Company; R&D Expenses Rise 14.1% in Fiscal Year Ending March 31, 2025","news_tag":"dataReport,express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["MODD"],"gpt_icon":0},{"id":"2543728506","title":"Modular Medical Inc. Announces Presentation of New Study on GLP-1R Agonist Pump Delivery at ADA 85th Scientific Sessions","url":"https://stock-news.laohu8.com/highlight/detail?id=2543728506","media":"Reuters","labels":["conferences"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2543728506?lang=en_us&edition=fundamental","pubTime":"2025-06-16 20:00","pubTimestamp":1750075243,"startTime":"0","endTime":"0","summary":"Modular Medical Inc. has announced its participation in the upcoming American Diabetes Association  85th Scientific Sessions, scheduled to take place from June 20-23, 2025, in Chicago, Illinois. The company will present findings from a study investigating the pump delivery of a GLP-1R agonist, specifically exenatide, in comparison to intermittent dosing of semaglutide. The presentation, set for June 22, 2025, will feature a poster titled \"Elucidating the potential benefit of pump-delivered subcutaneous GLP-1R agonist: an exploratory study in the diet-induced obese mouse.\" This study examines the effects of pump-delivery of a short-acting GLP-1RA on weight, food intake, and glucose tolerance in diet-induced obese mice. Results from this study will be shared during a General Poster Session at the event.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. 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