MODD - Modular Medical announces 1-for-3 reverse split

Modular Medical (OTCQB:MODD) announces a "reverse split" of its shares of common stock at a ratio of 1-for-3. The company's common stock will begin trading on a post-split basis on Monday, November 29, 2021 under the trading symbol "MODDD." The "D" will be removed within 20 business days from the effective date of the reverse split, and the symbol will revert to "MODD." The reverse split is an action intended to fulfill the stock price requirement for official listing on Nasdaq, which requires that the Company's common stock must be $4.00 or higher at the time of listing.

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Modular Medical announces 1-for-3 reverse split