According to a document submitted to the U.S. Securities and Exchange Commission (SEC), the initial agreement term for KORU Medical Systems has now been extended until December 31, 2031.

The terms of this agreement include an automatic one-year renewal mechanism, meaning that under certain conditions, the agreement will automatically be extended for one year upon expiration. This adjustment may reflect the company’s updated planning regarding its long-term operating framework or key business arrangements. The details disclosed in the document are usually related to corporate governance, major contracts, or regulatory compliance requirements, enabling investors to assess the stability of the company's operations and its future commitments.