Modular Medical, Inc. Schedule 13G shows that 683 Capital-related reporting persons may be deemed to beneficially own 4,250,000 Common Shares plus warrants exercisable for 4,027,156 shares, totaling 8,277,156 shares. The filing states this position represents approximately 5.52% (5.52%) of Common Shares on a basis that combines 145,810,797 outstanding shares as of March 4, 2026 and the 4,027,156 exercisable warrants. The reporting persons are 683 Capital Partners, LP, its manager 683 Capital Management, LLC, and Ari Zweiman, with shared voting and dispositive power over the reported holdings as of March 10, 2026.
Positive
None.
Negative
None.
Insights
683 Capital group reports a 5.52% beneficial stake including exercisable warrants.
683 Capital Partners, LP beneficially owns 4,250,000 Common Shares and holds warrants exercisable for 4,027,156 shares. The filing combines outstanding shares as of March 4, 2026 with exercisable warrants to calculate a 5.52% ownership figure.
The filing lists shared voting and dispositive power for the reporting persons. Cash‑flow treatment regarding warrant exercise and any future disposition timing are not specified in the provided excerpt; subsequent filings would show changes.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Modular Medical, Inc.
(Name of Issuer)
Common Stock, $0.001 par value per share
(Title of Class of Securities)
03/03/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
SCHEDULE 13G
CUSIP Number(s):
1
Names of Reporting Persons
683 Capital Management, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
8,277,156.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
8,277,156.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
8,277,156.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.52 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
CUSIP Number(s):
1
Names of Reporting Persons
683 Capital Partners, LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
8,277,156.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
8,277,156.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
8,277,156.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.52 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
1
Names of Reporting Persons
Ari Zweiman
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
8,277,156.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
8,277,156.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
8,277,156.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.52 %
12
Type of Reporting Person (See Instructions)
IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Modular Medical, Inc.
(b)
Address of issuer's principal executive offices:
10740 THORNMINT ROAD, SAN DIEGO, CALIFORNIA
92127
Item 2.
(a)
Name of person filing:
683 Capital Management, LLC
683 Capital Partners, LP
Ari Zweiman
(b)
Address or principal business office or, if none, residence:
The principal business address for each of the Reporting Persons is 1700 Broadway, Suite 4200, New York, New York 10019.
(c)
Citizenship:
683 Capital Management, LLC - DELAWARE
683 Capital Partners, LP - DELAWARE
Ari Zweiman - UNITED STATES
(d)
Title of class of securities:
Common Stock, $0.001 par value per share
(e)
CUSIP No.:
60785L207
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
As of March 10, 2026, 683 Capital Partners, LP beneficially owned 4,250,000 Common Shares and warrants to purchase 4,027,156 shares of Common Stock which are currently exercisable.
683 Capital Management, LLC, as the investment manager of 683 Capital Partners, LP, may be deemed to have beneficially owned the 4,250,000 Common Shares and warrants to purchase 4,027,156 shares of Common Stock beneficially owned by 683 Capital Partners, LP.
Ari Zweiman, as the Managing Member of 683 Capital Management, LLC, may be deemed to have beneficially owned the 4,250,000 Common Shares and warrants to purchase 4,027,156 shares of Common Stock beneficially owned by 683 Capital Management, LLC.
The following percentage is based on 145,810,797 Common Shares outstanding as of March 4, 2026, as disclosed in the Issuer's Prospectus pursuant to Rule 424(b)(4) filed on March 4, 2026 plus 4,027,156 shares of Common Stock issuable upon exercise of currently exercisable warrants held by the Reporting Persons.
As of March 10, 2026, the Reporting Persons may be deemed to have beneficially owned approximately 5.52% of the outstanding Common Shares.
(b)
Percent of class:
5.52 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
See Cover Pages Items 5-9.
(ii) Shared power to vote or to direct the vote:
See Cover Pages Items 5-9.
(iii) Sole power to dispose or to direct the disposition of:
See Cover Pages Items 5-9.
(iv) Shared power to dispose or to direct the disposition of:
See Cover Pages Items 5-9.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(K), so indicate under Item 3(k) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
See Exhibit A.
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
683 Capital Management, LLC
Signature:
Ari Zweiman
Name/Title:
Managing Member
Date:
03/10/2026
683 Capital Partners, LP
Signature:
Ari Zweiman
Name/Title:
Authorized Person
Date:
03/10/2026
Ari Zweiman
Signature:
Ari Zweiman
Name/Title:
Self
Date:
03/10/2026
Exhibit Information
JOINT FILING AGREEMENT
The undersigned hereby agree that the statement on Schedule 13G with respect to the Common Shares of Modular Medical, Inc. dated as of March 10, 2026, is, and any further amendments thereto signed by each of the undersigned shall be, filed on behalf of each of the undersigned pursuant to and in accordance with the provisions of Rule 13d-1(k)(2) under the Securities Exchange Act of 1934, as amended.
Dated: March 10, 2026
683 CAPITAL MANAGEMENT, LLC
By: /s/ Ari Zweiman
Ari Zweiman,
Managing Member
683 CAPITAL PARTNERS, LP
By: /s/ Ari Zweiman
Ari Zweiman,
Authorized Person
/s/ Ari Zweiman
Ari Zweiman
What stake does 683 Capital report in Modular Medical (MODD)?
683 Capital reports beneficial ownership of 8,277,156 shares including warrants. This equals approximately 5.52% based on 145,810,797 shares outstanding as of March 4, 2026 plus 4,027,156 exercisable warrants.
How many common shares does 683 Capital directly own in MODD?
683 Capital Partners, LP beneficially owns 4,250,000 Common Shares as of March 10, 2026. The filing pairs this share count with currently exercisable warrants when reporting total beneficial ownership.
How many warrants does 683 Capital hold that are exercisable into MODD shares?
The reporting persons hold warrants exercisable for 4,027,156 shares of Common Stock, listed as currently exercisable. The combined share and warrant count yields 8,277,156 total beneficially owned shares for calculation.
What voting and dispositive power is reported by 683 Capital for MODD shares?
The filing reports shared voting power and shared dispositive power of 8,277,156 shares for the reporting persons. Sole voting and dispositive powers are reported as zero on the cover page entries.
Which date anchors the ownership percentages reported by 683 Capital in MODD?
The ownership percentage is calculated using the issuer's outstanding share count as of March 4, 2026 and the reporting persons' holdings as of March 10, 2026, per the filing's stated dates.
