---
schema_version: "secwatch.filing_event.v1"
accession: "0001161697-22-000345"
form_type: "8-K"
ticker: "KRMD"
cik: "0000704440"
company_name: "KORU Medical Systems, Inc."
filed_at: "2022-07-06T23:59:59+00:00"
generated_at: "2026-06-24T21:05:52.262680+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# KORU Medical modifies $3.5M credit line; extends maturity to June 2023, changes interest rate

## Summary
- Entered Loan Modification Extension Agreement with KeyBank National Association on June 29, 2022.
- Maturity of $3.5M revolving credit line extended to June 1, 2023.
- Interest rate changed from Prime minus 1.50% to Prime plus 0%.
- Released prior security interest in equipment, inventory, and accounts; replaced with pledge on certain bank accounts.

## SEC filing metadata
- accession: 0001161697-22-000345
- form_type: 8-K
- ticker: KRMD
- cik: 0000704440
- company_name: KORU Medical Systems, Inc.
- filed_at: 2022-07-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/704440/000116169722000345/0001161697-22-000345-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/704440/000116169722000345/form_8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001161697-22-000345
- JSON: https://secwatch.observer/filing/0001161697-22-000345.json
- Plain text: https://secwatch.observer/filing/0001161697-22-000345.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.