Modular Medical prices direct offering at $4.50 per share. The medical device company is raising approximately $3.4 million through a registered direct offering of 750,000 shares of common stock. The offering is expected to close on or about April 21, 2026. This capital raise provides funding for the company's operations and strategic initiatives. Direct offerings allow companies to bypass traditional underwriting processes and reach institutional investors more efficiently. The pricing at $4.50 per share reflects current market conditions for MODD stock on the NASDAQ exchange. Investors should monitor the company's use of proceeds and how this capital impacts future financial performance and operational execution.
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