Modular Medical, Inc. 8-K

What Happened Modular Medical, Inc. (NASDAQ: MODD) filed a Form 8-K on January 23, 2026 disclosing a Certificate of Amendment to its Amended and Restated Articles of Incorporation that increases the company’s authorized shares of common stock from 100,000,000 to 250,000,000. The Charter Amendment was approved by shareholders at the company’s fiscal 2026 annual meeting held on January 23, 2026 and was filed with the Nevada Secretary of State the same day. The full text of the amendment is filed as Exhibit 3.1 to the 8-K.

Key Details

• Authorized common shares increased from 100,000,000 to 250,000,000.
• Charter Amendment approved by shareholders at the Annual Meeting on January 23, 2026.
• Certificate of Amendment filed with the Nevada Secretary of State on January 23, 2026.
• The amendment’s text is included as Exhibit 3.1 to the Form 8-K.

Why It Matters Increasing authorized shares does not itself issue new shares, but it gives the company legal capacity to issue up to the larger amount in the future for financing, acquisitions, stock-based compensation, or other corporate purposes. Investors should note the potential for future dilution if new shares are issued and watch for subsequent filings (e.g., share issuance notices or equity financings) that would disclose any actual increases in outstanding shares.