0000950170-24-016429.txt : 20240216
0000950170-24-016429.hdr.sgml : 20240216
20240216163037
ACCESSION NUMBER: 0000950170-24-016429
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240215
FILED AS OF DATE: 20240216
DATE AS OF CHANGE: 20240216
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Horton Capital Partners, LLC
CENTRAL INDEX KEY: 0001575443
ORGANIZATION NAME:
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39086
FILM NUMBER: 24648863
BUSINESS ADDRESS:
STREET 1: 1717 ARCH STREET
STREET 2: 37TH FLOOR
CITY: PHILADELPHIA
STATE: PA
ZIP: 19103
BUSINESS PHONE: (215) 399-5402
MAIL ADDRESS:
STREET 1: 1717 ARCH STREET
STREET 2: 37TH FLOOR
CITY: PHILADELPHIA
STATE: PA
ZIP: 19103
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Horton Capital Partners Fund, L.P.
CENTRAL INDEX KEY: 0001567994
ORGANIZATION NAME:
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39086
FILM NUMBER: 24648862
BUSINESS ADDRESS:
STREET 1: 1717 ARCH STREET
STREET 2: 37TH FLOOR
CITY: PHILADELPHIA
STATE: PA
ZIP: 19103
BUSINESS PHONE: 215-399-5402
MAIL ADDRESS:
STREET 1: 1717 ARCH STREET
STREET 2: 37TH FLOOR
CITY: PHILADELPHIA
STATE: PA
ZIP: 19103
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Manko Joseph M. Jr.
CENTRAL INDEX KEY: 0001664091
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39086
FILM NUMBER: 24648865
MAIL ADDRESS:
STREET 1: 1717 ARCH STREET
STREET 2: 37TH FLOOR
CITY: PHILADELPHIA
STATE: PA
ZIP: 19103
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Horton Capital Management, LLC
CENTRAL INDEX KEY: 0001575444
ORGANIZATION NAME:
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39086
FILM NUMBER: 24648864
BUSINESS ADDRESS:
STREET 1: 1717 ARCH STREET
STREET 2: 37TH FLOOR
CITY: PHILADELPHIA
STATE: PA
ZIP: 19103
BUSINESS PHONE: (215) 399-5402
MAIL ADDRESS:
STREET 1: 1717 ARCH STREET
STREET 2: 37TH FLOOR
CITY: PHILADELPHIA
STATE: PA
ZIP: 19103
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: KORU Medical Systems, Inc.
CENTRAL INDEX KEY: 0000704440
STANDARD INDUSTRIAL CLASSIFICATION: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841]
ORGANIZATION NAME: 08 Industrial Applications and Services
IRS NUMBER: 133044880
STATE OF INCORPORATION: NY
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 100 CORPORATE DRIVE
CITY: MAHWAH
STATE: NJ
ZIP: 07430
BUSINESS PHONE: 845-469-2042
MAIL ADDRESS:
STREET 1: 100 CORPORATE DRIVE
CITY: MAHWAH
STATE: NJ
ZIP: 07430
FORMER COMPANY:
FORMER CONFORMED NAME: REPRO MED SYSTEMS INC
DATE OF NAME CHANGE: 19920703
4
1
ownership.xml
4
X0508
4
2024-02-15
0000704440
KORU Medical Systems, Inc.
KRMD
0001664091
Manko Joseph M. Jr.
1717 ARCH STREET, 37TH FLOOR
PHILADELPHIA
PA
19103
true
false
true
false
0001575444
Horton Capital Management, LLC
1717 ARCH STREET, 37TH FLOOR
PHILADELPHIA
PA
19103
true
false
true
false
0001575443
Horton Capital Partners, LLC
1717 ARCH STREET, 37TH FLOOR
PHILADELPHIA
PA
19103
true
false
true
false
0001567994
Horton Capital Partners Fund, L.P.
1717 ARCH STREET, 37TH FLOOR
PHILADELPHIA
PA
19103
true
false
true
false
false
Common Stock
2024-02-16
4
J
false
27700
0
D
7588380
I
By Horton Capital Partners Fund, LP
Common Stock
165252
D
On February 15, 2024, Horton Capital Partners Fund, L.P., a Delaware limited partnership ("HCPF"), in accordance with its terms, transferred 27,700 shares of common stock of Koru Medical Systems, Inc. (the "Company") to a limited partner, for no consideration, representing a pro-rata distribution of such limited partner's interest in HCPF.
This Form 4 is filed jointly by Horton Capital Management, LLC, a Delaware limited liability company ("HCM"), Horton Capital Partners, LLC, a Delaware limited liability company ("HCP"), HCPF, and Joseph M. Manko, Jr. Pursuant to investment advisory agreements, HCM maintains investment and voting power with respect to shares of Common Stock of the Issuer held by HCPF. However, despite the delegation of investment and voting power to HCM, HCP may be deemed to be the beneficial owner of such Common Stock because, in the event HCM's investment advisory agreement with respect to such Common Stock is terminated, HCP has the right to assume HCM's discretionary investment and voting authority with respect to such Common Stock. HCP is the general partner of HCPF.
(Continued from footnote 2) Mr. Manko is the managing member of both HCM and HCP. Each Reporting Person disclaims beneficial ownership of the securities of the Issuer reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or any other purpose.
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.
/s/ Joseph M. Manko, Jr., Joseph M. Manko, Jr.
2024-02-16
/s/ Joseph M. Manko, Jr., Joseph M. Manko, Jr., Managing Member of Horton Capital Management, LLC
2024-02-16
/s/ Joseph M. Manko, Jr., Joseph M. Manko, Jr., Managing Member of Horton Capital Partners, LLC
2024-02-16
/s/ Joseph M. Manko, Jr., Joseph M. Manko, Jr., Managing Member of Horton Capital Partners, LLC, the General Partner of Horton Capital Partners Fund, LP
2024-02-16