EX-FILING FEES 5 ea175878ex-fee_modular.htm FILING FEE TABLE

EXHIBIT 107

 

Calculation of Filing Fee Tables

 

Form S-1

(Form Type)

 

MODULAR MEDICAL, INC.

(Exact Name of Registrant as Specified in its Charter)

 

Table 1: Newly Registered Securities

 

  

Security

Type

 

Security

Class

Title

 

Fee

Calculation

or Carry

Forward Rule

  

Amount

Registered

  

Proposed

Maximum

Offering

Price Per

Unit

  

Maximum

Aggregate

Offering

Price (1)(2)(3)

  

Fee

Rate

  

Amount of

Registration

Fee

  

Carry

Forward

Form

Type

  

Carry

Forward

File

Number

  

Carry

Forward

Initial

effective

date

  

Filing Fee

Previously

Paid In

Connection

with

Unsold

Securities

to be

Carried

Forward

 
   Newly Registered Securities
Fees to Be
Paid
  Equity  Units, each Unit consisting of: (i) two shares of common stock, $0.001 par value per share, and (ii) one warrant to purchase one share of common stock   457(o)          $9,000,000   $0.00011020   $991.80                 
Fees to Be
Paid
  Equity  Common stock, $0.001 par value per share, included in the Units(4)   -              -    -    -                     
Fees to Be
Paid
  Equity  Warrants included in the Units(4)   -              -    -    -                     
Fees to Be
Paid
  Equity  Common stock, $0.001 par value per share, underlying the warrants included in the Units   457(o)            $4,500,000   $0.00011020   $495.90                     
Fees to Be
Paid
  Equity  Underwriter’s Warrants(5)   457(g)   -         -    -    -                     
Fees to Be
Paid
  Equity  Common stock, $0.001 par value per share, underlying Underwriter’s Warrants(6)   457(g)            $684,783   $0.00011020   $75.46                     
Fees
Previously
Paid
                       $-   $-    -                     
                                                         
   Carry Forward Securities 
Carry
Forward
Securities
     -   -    -         -    -    -                     
                                                         
      Total Offering Amounts             $14,184,783   $0.00011020   $1,563.16                     
      Total Fees Previously Paid              -    -   $-                     
      Total Fee Offsets              -    -    -                     
      Net Fee Due                       $1,563.16                     

 

(1) Includes up to an additional 15% of the aggregate offering price to cover the underwriter’s option to purchase securities to cover over-allotments, if any.
   
(2) Pursuant to Rule 416(a) promulgated under the Securities Act of 1933, as amended (the “Securities Act”), we are also registering an indeterminate number of shares of common stock as may from time to time become issuable by reason of stock splits, stock dividends, or similar transactions.
   
(3) Estimated solely for the purpose of computing the amount of the registration fee pursuant to Rules 457(o) under the Securities Act.
   
(4) The shares of common stock and warrants to purchase shares of common stock are included in the Units.
   
(5) No fee required pursuant to Rule 457(g) under the Securities Act.
   
(6) Estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(g) under the Securities Act. The Representative’s Warrants are exercisable at a per share exercise price equal to 125% of the public offering price. As estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(g) under the Securities Act, the proposed maximum aggregate offering price of the representative’s warrants is $684,783, which is equal to 125% of $547,826 (which is 7% of $7,826,087).