First Light and Arens disclose over 8% ownership in KORU Medical (KRMD)

Rhea-AI Filing Summary

First Light Asset Management, LLC and Mathew P. Arens reported their beneficial ownership of KORU Medical Systems, Inc. common stock on an amended Schedule 13G. First Light Asset Management is deemed to beneficially own 3,721,508 shares, representing 8.03% of the outstanding common stock.

Mathew P. Arens, as managing member and majority owner of the Manager, is deemed to beneficially own 3,831,475 shares, or 8.27% of the class, including 88,167 shares he holds directly and 21,800 shares in a joint account. The filing states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of KORU Medical Systems.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 10)

KORU Medical Systems, Inc.

(Name of Issuer)

Common Stock, $0.01 par value

(Title of Class of Securities)

759910102

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 759910102

1

Names of Reporting Persons

First Light Asset Management, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 3,721,508.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 3,721,508.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

3,721,508.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

8.03 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

CUSIP No. 759910102

1

Names of Reporting Persons

Mathew P. Arens

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 88,167.00
6	Shared Voting Power 3,743,308.00
7	Sole Dispositive Power 88,167.00
8	Shared Dispositive Power 3,743,308.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

3,831,475.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

8.27 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: KORU Medical Systems, Inc.
(b)	Address of issuer's principal executive offices: 100 Corporate Drive, Mahwah, NJ 07430
Item 2.
(a)	Name of person filing: This Schedule 13G is jointly filed by the following: First Light Asset Management, LLC (the "Manager") Mathew P. Arens ("Mr. Arens") The Manager may be deemed to be the beneficial owner of 3,721,508 of the Issuer's shares of common stock (the "Shares"). The Manager acts as an investment adviser to certain persons holding separately managed accounts with the Manager, each of whom has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, those shares. The Manager may also be deemed to be the beneficial owner of these shares because it acts as an investment adviser to certain private funds. Mr. Arens may also be deemed to be the beneficial owner of these shares because he controls the Manager in his position as managing member and majority owner of the Manager. Mr. Arens also directly holds 88,167 Shares in an individual capacity with sole control and 21,800 Shares held in a joint account over which he shares control. The Manager and Mr. Arens are filing this Schedule 13G/A with respect to these Shares pursuant to Rule 13d-1(b) under the Act. The Manager and Mr. Arens may be deemed to be the beneficial owner of the total amount of Shares set forth across from its or his respective name in Item 4 below. The filing of this Schedule 13G shall not be construed as an admission that the reporting persons or any of their affiliates are the beneficial owner of any securities covered by this Schedule 13G for any other purposes other than Section 13(d) of the Securities Exchange Act of 1934.
(b)	Address or principal business office or, if none, residence: Each of the reporting persons identified in Item 2(a) has its principal business office at: 3300 Edinborough Way, Suite 201, Edina, MN 55435
(c)	Citizenship: First Light Asset Management, LLC - Delaware limited liability company Mathew P. Arens - United States citizen
(d)	Title of class of securities: Common Stock, $0.01 par value
(e)	CUSIP No.: 759910102
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: First Light Asset Management, LLC - 3,721,508 Mathew P. Arens - 3,831,475
(b)	Percent of class: First Light Asset Management, LLC - 8.03% Mathew P. Arens - 8.27%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: First Light Asset Management, LLC - 0 Mathew P. Arens - 88,167
	(ii) Shared power to vote or to direct the vote: First Light Asset Management, LLC - 3,721,508 Mathew P. Arens - 3,743,308
	(iii) Sole power to dispose or to direct the disposition of: First Light Asset Management, LLC - 0 Mathew P. Arens - 88,167
	(iv) Shared power to dispose or to direct the disposition of: First Light Asset Management, LLC - 3,721,508 Mathew P. Arens - 3,743,308
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

First Light Asset Management, LLC

Signature:	/s/ Kurt T. Peterson
Name/Title:	Kurt T. Peterson/Chief Compliance Officer
Date:	02/17/2026

Mathew P. Arens

Signature:	/s/ Mathew P. Arens
Name/Title:	Mathew P. Arens/Chief Executive Officer
Date:	02/17/2026

Exhibit Information

Exhibit A: Joint Filing Agreement

FAQ

What stake in KORU Medical Systems (KRMD) does First Light Asset Management report?

First Light Asset Management reports beneficial ownership of 3,721,508 KORU Medical Systems shares, representing 8.03% of the common stock. The firm holds these shares as investment adviser for separately managed accounts and private funds, with shared voting and dispositive power over all such shares.

How many KORU Medical Systems (KRMD) shares does Mathew P. Arens beneficially own?

Mathew P. Arens is deemed to beneficially own 3,831,475 KORU Medical Systems shares, or 8.27% of the class. This includes 88,167 shares he holds directly with sole control and 21,800 shares held in a joint account, plus shares attributable through his control of the Manager.

Is First Light’s and Arens’ ownership in KRMD intended to influence control of the company?

The filing states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of KORU Medical Systems. It also notes they are not held in connection with any transaction having such a control-related purpose or effect.

What type of filing did First Light Asset Management and Mathew P. Arens make for KRMD?

They jointly filed an amended Schedule 13G/A regarding KORU Medical Systems common stock. This type of filing is typically used by certain institutional investors and others reporting beneficial ownership, here made pursuant to Rule 13d-1(b) under the Securities Exchange Act of 1934.

Who signed the KRMD Schedule 13G/A amendment for First Light Asset Management and Mathew P. Arens?

The amendment was signed by Kurt T. Peterson, Chief Compliance Officer, and Mathew P. Arens, Chief Executive Officer. They certified, after reasonable inquiry, that the information in the statement is true, complete, and correct as of the stated signature date.

Where are the reporting persons for the KRMD Schedule 13G/A based?

First Light Asset Management, LLC and Mathew P. Arens list their principal business office as 3300 Edinborough Way, Suite 201, Edina, MN 55435. The Manager is a Delaware limited liability company, and Mr. Arens is a citizen of the United States.