secwatch.observer — SEC 8-K summary
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Issuer:     KORU Medical Systems, Inc. (KRMD)
CIK:        0000704440
Form:       8-K
Filed at:   2026-06-30T20:57:42+00:00
Accession:  0001161697-26-000139
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KORU Medical amends manufacturing agreement with Command; extends term to 2031, adds second site requirement
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- Amendment extends initial term to Dec 31, 2031, with auto-renewal unless 180-day non-renewal notice given.
- Command must obtain and qualify a second manufacturing site by Dec 31, 2027; KORU can terminate if not cured in 30 days.
- Pricing and payment terms modified, including annual price adjustments and pass-through cost savings.
- Command becomes exclusive manufacturer for a limited set of products; non-compete provision removed.
- IP ownership clarified and assignment rights made mutual between the parties.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/704440/000116169726000139/0001161697-26-000139-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/704440/000116169726000139/form_8-k.htm
  HTML page:      https://secwatch.observer/filing/0001161697-26-000139

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