Form 4: KORU Medical Systems: Horton Capital Partners Fund Distributes Shares to Limited Partners

Horton Capital Partners Fund, L.P. distributed 14,317 shares of KORU Medical Systems common stock to its limited partners on May 20, 2025.

Summary

• On May 20, 2025, Horton Capital Partners Fund, L.P. (HCPF) transferred 14,317 shares of KORU Medical Systems, Inc. common stock to certain of its limited partners.
• The transfer was made without consideration, representing a portion of the limited partners' interests in HCPF.
• Joseph M. Manko, Jr., along with Horton Capital Management, LLC (HCM), Horton Capital Partners, LLC (HCP), and HCPF, jointly filed the Form 4.
• HCM maintains investment and voting power over the shares held by HCPF, but HCP may be deemed the beneficial owner if HCM's advisory agreement is terminated.
• HCP is the general partner of HCPF, and Mr. Manko is the managing member of both HCM and HCP.
• The reporting persons disclaim beneficial ownership of the securities except to the extent of their direct pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to a share transfer, indicating a neutral sentiment.

Industry Context

This filing reflects changes in beneficial ownership related to investment funds and their holdings in KORU Medical Systems, which is a common occurrence in the investment management industry.

Stakeholder Impact

• The share distribution may have a minor impact on the shareholder base of KORU Medical Systems.

Key Dates

Keywords

KORU Medical Systems, Horton Capital Partners Fund, Form 4, Beneficial Ownership, Share Distribution, Joseph M. Manko Jr., HCM, HCP