Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Modular Medical (MODD) has provided an announcement.
Modular Medical, Inc. introduced a Bonus Program to motivate its employees with stock options as rewards for achieving FDA clearance milestones for their insulin pump product, MODD-1. The initial set of options vested upon completing preliminary testing but were canceled when the company missed the FDA clearance deadline. Subsequently, new stock options with a different exercise price were granted to executive officers and employees, contingent upon receiving FDA clearance by the end of the year, failing which the options will expire.
For an in-depth examination of MODD stock, go to TipRanks’ Stock Analysis page.