BlackRock, Inc. Reports 4.9% Stake in KORU Medical Systems Inc. (KRMD)
BlackRock, Inc. filed a Schedule 13G/A on April 27, 2026, disclosing a new ownership position in KORU Medical Systems Inc. (KRMD). As of the event date on March 31, 2026, BlackRock reported beneficial ownership of 2,292,477 shares of common stock, representing a 4.9% stake in the company. This filing marks an increase from a previously reported zero position. The reporting person, a parent holding company based in New York, indicated sole voting power over 2,256,191 shares and sole dispositive power over the full 2,292,477 shares. The filing specifies that the shares were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. Because the ownership level has fallen below the 5% threshold typically requiring active reporting, this amendment serves to update the market on BlackRock's current passive investment status in KORU Medical Systems. No other individual person's interest in the stock exceeds five percent of the total outstanding shares.