SEC Form 4 · accession 0001161697-18-000448
KORU Medical Systems, Inc. · KRMD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Horton Capital Partners Fund, L.P.
10% Owner
Horton Capital Partners, LLC
10% Owner
Horton Capital Management, LLC
10% Owner
Joseph M. Manko Jr.
Director · 10% Owner
Period of report
Sep 12, 2018
Accepted (ET)
Sep 14, 2018 · 5:41 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000704440
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Sep 13, 2018 | P | 45,344 | $1.40 | A | 6,470,106 | I | By Horton Capital Partners Fund, LP |
| Common StockF1,F2 | Sep 14, 2018 | P | 23,500 | $1.44 | A | 6,493,606 | I | By Horton Capital Partners Fund, LP |
| Common StockF2 | holding | — | — | — | 1,123,110 | I | By Horton Capital Management, LLC |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Purchase Warrant (right to buy)F4,F3,F2 | $0.45 | Sep 12, 2018 | J | 1,000,000 | A | Aug 8, 2014 | Aug 8, 2019 | Common Stock | 1,000,000 | 1,000,000 | I |
Explanation of responses
- F1See Exhibit 99.1 to this Form 4 for explanation of note (1).
- F2See Exhibit 99.1 to this Form 4 for explanation of note (2).
- F3See Exhibit 99.1 to this Form 4 for explanation of note (3).
- F4See Exhibit 99.1 to this Form 4 for explanation of note (4).
Remarks
The filing of this statement shall not be construed as an admission (a) that the person filing this statement is, for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the beneficial owner of any equity securities covered by this statement, or (b) that this statement is legally required to be filed by such person.