{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-07-12T09:27:29.409112+00:00","company":{"ticker":"KALA","cik":1479419,"company_name":"KALA BIO, Inc."},"pagination":{"limit":100,"returned":65,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer","counterparties":{"contract_counterparty":[{"display_name":"Baker Bros. 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Wainwright & Co., LLC","detail":"atm_program","count":1,"first_seen":"2026-01-08T23:59:59+00:00","last_seen":"2026-01-08T23:59:59+00:00","evidence_fact_ids":[35971]},{"display_name":"Jefferies LLC","detail":"atm_program","count":1,"first_seen":"2023-01-19T23:59:59+00:00","last_seen":"2023-01-19T23:59:59+00:00","evidence_fact_ids":[185476]},{"display_name":"LifeSci Capital LLC","detail":"settlement","count":1,"first_seen":"2026-01-06T23:59:59+00:00","last_seen":"2026-01-06T23:59:59+00:00","evidence_fact_ids":[36217]},{"display_name":"Oxford Finance LLC","detail":"credit_facility","count":1,"first_seen":"2022-12-27T23:59:59+00:00","last_seen":"2022-12-27T23:59:59+00:00","evidence_fact_ids":[188948]},{"display_name":"Series AAA Investors","detail":"equity_purchase","count":1,"first_seen":"2026-02-02T23:59:59+00:00","last_seen":"2026-02-02T23:59:59+00:00","evidence_fact_ids":[33853]},{"display_name":"certain institutional investors named therein","detail":"equity_purchase","count":1,"first_seen":"2024-03-26T23:59:59+00:00","last_seen":"2024-03-26T23:59:59+00:00","evidence_fact_ids":[64924]}],"lender":[{"display_name":"Oxford Finance LLC","detail":"loan","count":2,"first_seen":"2022-12-27T23:59:59+00:00","last_seen":"2025-10-01T23:59:59+00:00","evidence_fact_ids":[40371,188949]}]},"facts":[{"fact_type":"equity_issuance","fact_key":"44f02eee4db95d148543e258fe69a1723b718118","cik":1479419,"ticker":"KALA","company_name":"KALA BIO, Inc.","filed_at":"2026-05-07T23:59:59+00:00","payload":{"action":"rights_modification","consideration_text":null,"effective_date":"2026-05-08","item_codes_triggered":["3.03"],"purchaser":null,"security_type":"common_stock","shares_text":null},"claim":"KALA BIO, Inc. issued common stock.","evidence_excerpt":"KALA BIO , Inc. (NASDAQ: KALA) (“KALA BIO” or the “Company”), today announced that it intends to effect a reverse stock split of its common stock, par value $0.001 per share (the “common stock”) at a ratio of 1 post-split share for every 50 pre-split shares.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001829126-26-004744","anchor_url":"https://secwatch.observer/filing/0001829126-26-004744#claim-44f02eee4db95d148543e258fe69a1723b718118","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1479419/000182912626004744/0001829126-26-004744-index.htm"},{"fact_type":"governance_change","fact_key":"1458979bf4a16c962633a1ec19bfceadfa7b74e2","cik":1479419,"ticker":"KALA","company_name":"KALA BIO, Inc.","filed_at":"2026-05-07T23:59:59+00:00","payload":{"change_type":"charter_amendment","effective_date":"2026-05-08","item_codes_triggered":["5.03"],"summary_text":"Amended the restated certificate of incorporation to effect a 1-for-50 reverse stock split of common stock, effective May 8, 2026."},"claim":"KALA BIO, Inc.: Amended the restated certificate of incorporation to effect a 1-for-50 reverse stock split of common stock, effective May 8, 2026 (effective 2026-05-08).","evidence_excerpt":"On May 7, 2026, KALA BIO, Inc. (the “ Company ”) filed a Certificate of Amendment (the “ Certificate of Amendment ”) to the Company’s Restated Certificate of Incorporation (as amended, the “ Certificate of Incorporation ”) with the Secretary of State of Delaware to effect a 1-for-50 reverse stock split of the shares of the Company’s common stock, par value $0.001 per share (the “ Common Stock ”), either issued and outstanding or held by the Company as treasury stock, effective as of 4:05 p.m. (Delaware time) on May 8, 2026 (the “ Reverse Stock Split ”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001829126-26-004744","anchor_url":"https://secwatch.observer/filing/0001829126-26-004744#claim-1458979bf4a16c962633a1ec19bfceadfa7b74e2","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1479419/000182912626004744/0001829126-26-004744-index.htm"},{"fact_type":"equity_issuance","fact_key":"5e386bc78f5f9a0a2849e535f7c8d955b6b399a3","cik":1479419,"ticker":"KALA","company_name":"KALA BIO, Inc.","filed_at":"2026-03-04T23:59:59+00:00","payload":{"action":"private_placement","consideration_text":"up to $530,000 in cash, of which $80,000 paid on Effective Date, and up to $450,000 additional","effective_date":"2026-03-03","item_codes_triggered":["3.02"],"purchaser":"2624465 Ontario Inc. o/a Younet AI","security_type":"common_stock","shares_text":"5,000,000 shares of the Company’s common stock"},"claim":"KALA BIO, Inc. issued 5,000,000 shares of the Company’s common stock of common stock to 2624465 Ontario Inc. o/a Younet AI for up to $530,000 in cash, of which $80,000 paid on Effective Date, and up to $450,000 additional.","evidence_excerpt":"by the Company. In consideration of the services to be performed\nby Younet under the Agreement, the Company has agreed to pay to Younet for the Initial Term a cash fee of up to $530,000 consisting of\n(i) $80,000 in cash, which was paid by the Company on the Effective Date, and (ii) in the event the Company delivers to Younet a written\nnotice electing to engage","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001829126-26-001911","anchor_url":"https://secwatch.observer/filing/0001829126-26-001911#claim-5e386bc78f5f9a0a2849e535f7c8d955b6b399a3","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1479419/000182912626001911/0001829126-26-001911-index.htm"},{"fact_type":"material_agreement","fact_key":"95f9b68a0417209acb383e5576fc3a6fb99c7cb1","cik":1479419,"ticker":"KALA","company_name":"KALA BIO, Inc.","filed_at":"2026-03-04T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Agreement","agreement_type":"license","counterparty":"2624465 Ontario Inc. o/a Younet AI","effective_date":"2026-03-03","item_codes_triggered":["1.01"],"value_text":null},"claim":"KALA BIO, Inc. entered into Agreement with 2624465 Ontario Inc. o/a Younet AI (effective 2026-03-03).","evidence_excerpt":"On March 3, 2026 (the “Effective Date”), KALA BIO, Inc. (the “Company”) and 2624465 Ontario Inc. o/a Younet AI, an Ontario corporation (“Younet”) entered into a Platform Development and Exclusive License Agreement (the “Agreement”)","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001829126-26-001911","anchor_url":"https://secwatch.observer/filing/0001829126-26-001911#claim-95f9b68a0417209acb383e5576fc3a6fb99c7cb1","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1479419/000182912626001911/0001829126-26-001911-index.htm"},{"fact_type":"equity_issuance","fact_key":"448e9d5b34ad80572a08ae85967ee14c045c1fc9","cik":1479419,"ticker":"KALA","company_name":"KALA BIO, Inc.","filed_at":"2026-02-02T23:59:59+00:00","payload":{"action":"private_placement","consideration_text":"$2.00 per share, for aggregate gross proceeds of $4.2 million","effective_date":"2026-01-30","item_codes_triggered":["3.02"],"purchaser":"Series AAA Investors","security_type":"preferred_stock","shares_text":"2,100,000 shares of Series AAA Preferred Stock"},"claim":"KALA BIO, Inc. issued 2,100,000 shares of Series AAA Preferred Stock of preferred stock to Series AAA Investors for $2.00 per share, for aggregate gross proceeds of $4.2 million.","evidence_excerpt":"an aggregate of 2,100,000 shares of Series AAA Preferred Stock at a price per share of Series AAA Preferred Stock equal to $2.00, for aggregate gross proceeds of $4.2 million.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001829126-26-000837","anchor_url":"https://secwatch.observer/filing/0001829126-26-000837#claim-448e9d5b34ad80572a08ae85967ee14c045c1fc9","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1479419/000182912626000837/0001829126-26-000837-index.htm"},{"fact_type":"governance_change","fact_key":"10824f426eb64c238e5c530703c86f6000f2ea86","cik":1479419,"ticker":"KALA","company_name":"KALA BIO, Inc.","filed_at":"2026-02-02T23:59:59+00:00","payload":{"change_type":"charter_amendment","effective_date":"2026-01-30","item_codes_triggered":["5.03"],"summary_text":"Stockholders approved an amendment to the Restated Certificate of Incorporation to increase the number of authorized shares of Common Stock to 1,500,000,000, effective January 30, 2026."},"claim":"KALA BIO, Inc.: Stockholders approved an amendment to the Restated Certificate of Incorporation to increase the number of authorized shares of Common Stock to 1,500,000,000, effective January 30, 2026 (effective 2026-01-30).","evidence_excerpt":"Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. As described below under Item 5.07 of this Current Report on Form 8-K, at the Annual Meeting, the Company’s stockholders approved an amendment to the Company’s Restated Certificate of Incorporation (as amended, the “ Restated Certificate of Incorporation ”), to increase the number of authorized shares of the Common Stock 1,500,000,000 shares. The increase in the number of authorized shares of Common Stock was affected pursuant to a Certificate of Amendment to the Restated Certificate of Incorporation (the “ Certificate of Amendment ”) filed with the Secretary of State of the State of Delaware on January 30, 2026, and was effective as of such date.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001829126-26-000837","anchor_url":"https://secwatch.observer/filing/0001829126-26-000837#claim-10824f426eb64c238e5c530703c86f6000f2ea86","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1479419/000182912626000837/0001829126-26-000837-index.htm"},{"fact_type":"material_agreement","fact_key":"e60b54fd636728d7e0533e2789eb840f199232d5","cik":1479419,"ticker":"KALA","company_name":"KALA BIO, Inc.","filed_at":"2026-02-02T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Purchase Agreement","agreement_type":"equity_purchase","counterparty":"Series AAA Investors","effective_date":"2026-01-30","item_codes_triggered":["1.01"],"value_text":"aggregate gross proceeds of $4.2 million"},"claim":"KALA BIO, Inc. entered into Purchase Agreement with Series AAA Investors valued at aggregate gross proceeds of $4.2 million (effective 2026-01-30).","evidence_excerpt":"On January 30, 2026, the Company entered into that certain Securities Purchase Agreement (the “ Purchase Agreement ”) with each of the Series AAA Investors","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001829126-26-000837","anchor_url":"https://secwatch.observer/filing/0001829126-26-000837#claim-e60b54fd636728d7e0533e2789eb840f199232d5","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1479419/000182912626000837/0001829126-26-000837-index.htm"},{"fact_type":"exchange_compliance_notice","fact_key":"54c2af3712ea4f3ba1d9b18886ab39e2b823ff15","cik":1479419,"ticker":"KALA","company_name":"KALA BIO, Inc.","filed_at":"2026-01-23T23:59:59+00:00","payload":{"company_response":null,"compliance_status":"deficient","cure_deadline":"2026-07-20","deficiency_type":"minimum_bid_price","delisting_effective_date":null,"exchange":"nasdaq","hearing_date":null,"immediate_listing_effect":null,"minimum_requirement":null,"notice_date":"2026-01-20","notice_type":"deficiency_notice","plan_due_date":null,"raw_rule_text":"Nasdaq Listing Rule 5550(a)(2) and Nasdaq Listing Rule 5810(c)(3)(A)","reported_value":null,"rule_numbers":["5550(a)(2)","5810(c)(3)(A)"],"rules_cited_in_text":true},"claim":"KALA BIO, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).","evidence_excerpt":"January 20, 2026, KALA\nBio, Inc. (the “ Company ”) received a letter from the Listing Qualifications Department of the Nasdaq Stock Market\nindicating that, based upon the closing bid price of the Company’s common stock for the 30 consecutive business days between December\n3, 2025, to January 16, 2026, the Company did not meet the minimum bid price of $1.00 per share required for continued listing on The\nNasdaq Capital Market (“ Nasdaq ”) pursuant to Nasdaq Listing Rule 5550(a)(2). The letter also indicated that\nthe Company will be provided with a compliance period of 180 calendar days, or unti","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001829126-26-000502","anchor_url":"https://secwatch.observer/filing/0001829126-26-000502#claim-54c2af3712ea4f3ba1d9b18886ab39e2b823ff15","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1479419/000182912626000502/0001829126-26-000502-index.htm"},{"fact_type":"material_agreement","fact_key":"f1f8b6b68c64d0e57d8f5dbdc1a2625c4051873a","cik":1479419,"ticker":"KALA","company_name":"KALA BIO, Inc.","filed_at":"2026-01-08T23:59:59+00:00","payload":{"action":"entry","agreement_name":"At The Market Offering Agreement","agreement_type":"atm_program","counterparty":"H.C. Wainwright & Co., LLC","effective_date":"2026-01-08","item_codes_triggered":["1.01"],"value_text":null},"claim":"KALA BIO, Inc. entered into At The Market Offering Agreement with H.C. Wainwright & Co., LLC (effective 2026-01-08).","evidence_excerpt":"On January 8, 2026, KALA BIO, Inc. (the “ Company ”), entered into an At The Market Offering Agreement (the “ Sales Agreement ”) with H.C. Wainwright & Co., LLC (“ Wainwright ”)","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001829126-26-000110","anchor_url":"https://secwatch.observer/filing/0001829126-26-000110#claim-f1f8b6b68c64d0e57d8f5dbdc1a2625c4051873a","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1479419/000182912626000110/0001829126-26-000110-index.htm"},{"fact_type":"equity_issuance","fact_key":"688b9e98354b98e74aa7f28815ae9927bff455ff","cik":1479419,"ticker":"KALA","company_name":"KALA BIO, Inc.","filed_at":"2026-01-06T23:59:59+00:00","payload":{"action":"private_placement","consideration_text":"settlement of the outstanding $600,000 amount owed under the consulting agreement","effective_date":"2025-12-30","item_codes_triggered":["3.02"],"purchaser":"Delaware IR LLC","security_type":"common_stock","shares_text":"1,100,000 shares"},"claim":"KALA BIO, Inc. issued 1,100,000 shares of common stock to Delaware IR LLC for settlement of the outstanding $600,000 amount owed under the consulting agreement.","evidence_excerpt":"agreement with Delaware IR LLC (“Delaware IR”). Under the\nconsulting agreement, Delaware IR agreed to provide marketing and advertising services for a six-month term for $600,000. Under the settlement\nagreement, the Company agreed to issue 1,100,000 shares of Common Stock to settle the outstanding $600,000 amount owed under the consulting\nagreement, with","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001829126-26-000055","anchor_url":"https://secwatch.observer/filing/0001829126-26-000055#claim-688b9e98354b98e74aa7f28815ae9927bff455ff","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1479419/000182912626000055/0001829126-26-000055-index.htm"},{"fact_type":"material_agreement","fact_key":"451ba8bcd83a97ecae0b82fcf9e526ec18f9ad0d","cik":1479419,"ticker":"KALA","company_name":"KALA BIO, Inc.","filed_at":"2026-01-06T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Delaware IR Settlement","agreement_type":"settlement","counterparty":"Delaware IR LLC","effective_date":"2025-12-30","item_codes_triggered":["1.01"],"value_text":"Issued 1,100,000 shares of common stock to settle $600,000 owed"},"claim":"KALA BIO, Inc. entered into Delaware IR Settlement with Delaware IR LLC valued at Issued 1,100,000 shares of common stock to settle $600,000 owed (effective 2025-12-30).","evidence_excerpt":"Under the settlement agreement, the Company agreed to issue 1,100,000 shares of Common Stock to settle the outstanding $600,000 amount owed under the consulting agreement, with a make-whole mechanic tied to ultimate net sale proceeds from the future sales of the 1,100,000 shares of Common Stock (the “Delaware IR Settlement”).","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001829126-26-000055","anchor_url":"https://secwatch.observer/filing/0001829126-26-000055#claim-451ba8bcd83a97ecae0b82fcf9e526ec18f9ad0d","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1479419/000182912626000055/0001829126-26-000055-index.htm"},{"fact_type":"material_agreement","fact_key":"be80577fca31408c6660af483849bf3722cc6def","cik":1479419,"ticker":"KALA","company_name":"KALA BIO, Inc.","filed_at":"2026-01-06T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Delaware IR Consulting Agreement","agreement_type":"settlement","counterparty":"Delaware IR LLC","effective_date":"2025-12-30","item_codes_triggered":["1.01"],"value_text":"Marketing and advertising services for six months for $600,000"},"claim":"KALA BIO, Inc. entered into Delaware IR Consulting Agreement with Delaware IR LLC valued at Marketing and advertising services for six months for $600,000 (effective 2025-12-30).","evidence_excerpt":"On December 30, 2025, the Company also entered into a consulting agreement and a settlement agreement with Delaware IR LLC (“Delaware IR”). Under the consulting agreement, Delaware IR agreed to provide marketing and advertising services for a six-month term for $600,000.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001829126-26-000055","anchor_url":"https://secwatch.observer/filing/0001829126-26-000055#claim-be80577fca31408c6660af483849bf3722cc6def","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1479419/000182912626000055/0001829126-26-000055-index.htm"},{"fact_type":"material_agreement","fact_key":"53df5849e1ecbb1004b5b40e62ae7d85c6e70f05","cik":1479419,"ticker":"KALA","company_name":"KALA BIO, Inc.","filed_at":"2026-01-06T23:59:59+00:00","payload":{"action":"entry","agreement_name":"LifeSci Settlement","agreement_type":"settlement","counterparty":"LifeSci Capital LLC","effective_date":"2025-12-30","item_codes_triggered":["1.01"],"value_text":"Issued 2,200,000 shares of common stock"},"claim":"KALA BIO, Inc. entered into LifeSci Settlement with LifeSci Capital LLC valued at Issued 2,200,000 shares of common stock (effective 2025-12-30).","evidence_excerpt":"On December 30, 2025, the Company also entered into a settlement agreement with LifeSci Capital LLC (“LifeSci”) under which the Company agreed to issue 2,200,000 shares of Common Stock to settle certain payment obligations for financial advisory services (the “LifeSci Settlement”).","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001829126-26-000055","anchor_url":"https://secwatch.observer/filing/0001829126-26-000055#claim-53df5849e1ecbb1004b5b40e62ae7d85c6e70f05","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1479419/000182912626000055/0001829126-26-000055-index.htm"},{"fact_type":"material_agreement","fact_key":"10590bccfca26f928ef7bfd4fa070e9ffb9ec66c","cik":1479419,"ticker":"KALA","company_name":"KALA BIO, Inc.","filed_at":"2026-01-06T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Baker Voting Agreement","agreement_type":"other","counterparty":"Baker Bros. Advisors LP","effective_date":"2025-12-30","item_codes_triggered":["1.01"],"value_text":"Granted irrevocable proxy for six months"},"claim":"KALA BIO, Inc. entered into Baker Voting Agreement with Baker Bros. Advisors LP valued at Granted irrevocable proxy for six months (effective 2025-12-30).","evidence_excerpt":"In connection with the Baker Settlement, the Company and Baker Bros. also entered into a voting agreement (the “Baker Voting Agreement”) under which Baker Bros. granted an irrevocable proxy in favor of the Company to vote the settlement shares and other specified shares in line with the Company’s board of director’s recommendations for a period of six months.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001829126-26-000055","anchor_url":"https://secwatch.observer/filing/0001829126-26-000055#claim-10590bccfca26f928ef7bfd4fa070e9ffb9ec66c","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1479419/000182912626000055/0001829126-26-000055-index.htm"},{"fact_type":"material_agreement","fact_key":"e35d24f9211ab69c0a0b45e048a1945ad4cc197c","cik":1479419,"ticker":"KALA","company_name":"KALA BIO, Inc.","filed_at":"2026-01-06T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Baker Settlement","agreement_type":"settlement","counterparty":"Baker Bros. 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The full text of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001558370-24-004325","anchor_url":"https://secwatch.observer/filing/0001558370-24-004325#claim-786117931481751736afc2f0607886ff5c73b3b0","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1479419/000155837024004325/0001558370-24-004325-index.htm"},{"fact_type":"governance_change","fact_key":"9b4ab7ef59fe29f06821bfe3ae00be9129941d85","cik":1479419,"ticker":"KALA","company_name":"KALA BIO, Inc.","filed_at":"2024-03-26T23:59:59+00:00","payload":{"change_type":"charter_amendment","effective_date":"2024-03-25","item_codes_triggered":["5.03"],"summary_text":"Filed Certificate of Designations for Series G Convertible Non-Redeemable Preferred Stock"},"claim":"KALA BIO, Inc.: Filed Certificate of Designations for Series G Convertible Non-Redeemable Preferred Stock (effective 2024-03-25).","evidence_excerpt":"On March 25, 2024 (the “Filing Date”), the Company filed a Certificate of Designations, Preferences and Rights of Series G Convertible Non-Redeemable Preferred Stock (the “Certificate of Designations”) with the Secretary of State of the State of Delaware with respect to the Series G Preferred Stock.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001558370-24-003889","anchor_url":"https://secwatch.observer/filing/0001558370-24-003889#claim-9b4ab7ef59fe29f06821bfe3ae00be9129941d85","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1479419/000155837024003889/0001558370-24-003889-index.htm"},{"fact_type":"material_agreement","fact_key":"ae4aece510d6d4cceb6147890fea867f422b5713","cik":1479419,"ticker":"KALA","company_name":"KALA BIO, Inc.","filed_at":"2024-03-26T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Securities Purchase Agreement","agreement_type":"equity_purchase","counterparty":"certain institutional investors named therein","effective_date":"2024-03-25","item_codes_triggered":["1.01"],"value_text":"aggregate gross proceeds of approximately $8.6 million"},"claim":"KALA BIO, Inc. entered into Securities Purchase Agreement with certain institutional investors named therein valued at aggregate gross proceeds of approximately $8.6 million (effective 2024-03-25).","evidence_excerpt":"On March 25, 2024, KALA BIO, Inc. (the “Company”) entered into a Securities Purchase Agreement (the “Securities Purchase Agreement”) with certain institutional investors named therein (the “Purchasers”), pursuant to which the Company agreed to issue and sell, in a private placement priced at-the-market under Nasdaq rules, shares (the “Preferred Shares”) of Series G Convertible Non-Redeemable Preferred Stock, par value $0.001 per share, of the Company (the “Series G Preferred Stock”), for aggregate gross proceeds of approximately $8.6 million (the “Private Placement”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001558370-24-003889","anchor_url":"https://secwatch.observer/filing/0001558370-24-003889#claim-ae4aece510d6d4cceb6147890fea867f422b5713","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1479419/000155837024003889/0001558370-24-003889-index.htm"},{"fact_type":"governance_change","fact_key":"477a1c1ffd30c8cb6e7ee7f19900cc56b9d03bfc","cik":1479419,"ticker":"KALA","company_name":"KALA BIO, Inc.","filed_at":"2023-12-22T23:59:59+00:00","payload":{"change_type":"charter_amendment","effective_date":"2023-12-21","item_codes_triggered":["5.03"],"summary_text":"Filed Certificate of Designations for Series F Convertible Non-Redeemable Preferred Stock, establishing rights, preferences, and privileges."},"claim":"KALA BIO, Inc.: Filed Certificate of Designations for Series F Convertible Non-Redeemable Preferred Stock, establishing rights, preferences, and privileges (effective 2023-12-21).","evidence_excerpt":"On December 21, 2023 (the “Filing Date”), the Company filed a Certificate of Designations, Preferences and Rights of Series F Convertible Non-Redeemable Preferred Stock (the “Certificate of Designations”) with the Secretary of State of the State of Delaware with respect to the Series F Preferred Stock.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-23-128542","anchor_url":"https://secwatch.observer/filing/0001104659-23-128542#claim-477a1c1ffd30c8cb6e7ee7f19900cc56b9d03bfc","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465923128542/0001104659-23-128542-index.htm"},{"fact_type":"material_agreement","fact_key":"64c38a4efaaf7088a0e7de8b9748d8f7eeb979ee","cik":1479419,"ticker":"KALA","company_name":"KALA BIO, Inc.","filed_at":"2023-12-22T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Securities Purchase Agreement","agreement_type":"equity_purchase","counterparty":"certain institutional investors","effective_date":"2023-12-21","item_codes_triggered":["1.01"],"value_text":"aggregate gross proceeds of approximately $2.0 million"},"claim":"KALA BIO, Inc. entered into Securities Purchase Agreement with certain institutional investors valued at aggregate gross proceeds of approximately $2.0 million (effective 2023-12-21).","evidence_excerpt":"On December 21, 2023, KALA BIO, Inc. (the “Company”) entered into a Securities Purchase Agreement (the “Securities Purchase Agreement”) with certain institutional investors named therein (the “Purchasers”), pursuant to which the Company agreed to issue and sell, in a private placement priced at-the-market under Nasdaq rules, shares (the “Preferred Shares”) of Series F Convertible Non-Redeemable Preferred Stock, par value $0.001 per share, of the Company (the “Series F Preferred Stock”), for aggregate gross proceeds of approximately $2.0 million (the “Private Placement”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-23-128542","anchor_url":"https://secwatch.observer/filing/0001104659-23-128542#claim-64c38a4efaaf7088a0e7de8b9748d8f7eeb979ee","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465923128542/0001104659-23-128542-index.htm"},{"fact_type":"earnings_release","fact_key":"8da3e54c9e75032b852ad9672465a4dee87133ad","cik":1479419,"ticker":"KALA","company_name":"KALA BIO, Inc.","filed_at":"2023-11-13T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"the third quarter ended September 30, 2023","report_date":"2023-11-13","result_type":"reported_results","revenue_text":null},"claim":"KALA BIO, Inc. reported financial results for the third quarter ended September 30, 2023.","evidence_excerpt":"On November 13, 2023, KALA BIO, Inc. announced its financial results for the quarter ended September 30, 2023 and provided a general business update. The full text of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001558370-23-018694","anchor_url":"https://secwatch.observer/filing/0001558370-23-018694#claim-8da3e54c9e75032b852ad9672465a4dee87133ad","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1479419/000155837023018694/0001558370-23-018694-index.htm"},{"fact_type":"governance_change","fact_key":"f788daef0025531bd76e5f6dd6f64a90fe7297ba","cik":1479419,"ticker":"KALA","company_name":"KALA BIO, Inc.","filed_at":"2023-08-02T23:59:59+00:00","payload":{"change_type":"bylaw_amendment","effective_date":"2023-08-02","item_codes_triggered":["5.03"],"summary_text":"Amended and restated bylaws solely to reflect name change to KALA BIO, Inc."},"claim":"KALA BIO, Inc.: Amended and restated bylaws solely to reflect name change to KALA BIO, Inc (effective 2023-08-02).","evidence_excerpt":"the Board also approved an amendment and restatement of the Company’s Second Amended and Restated By-Laws solely to reflect the Name Change (as amended and restated, the “Third Amended and Restated By-Laws”) effective as of August 2, 2023","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001558370-23-012895","anchor_url":"https://secwatch.observer/filing/0001558370-23-012895#claim-f788daef0025531bd76e5f6dd6f64a90fe7297ba","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1479419/000155837023012895/0001558370-23-012895-index.htm"},{"fact_type":"governance_change","fact_key":"da15fa4ff7dc2b35138705e25acf1d935a94a873","cik":1479419,"ticker":"KALA","company_name":"KALA BIO, Inc.","filed_at":"2023-08-02T23:59:59+00:00","payload":{"change_type":"charter_amendment","effective_date":"2023-08-02","item_codes_triggered":["5.03"],"summary_text":"Amended certificate of incorporation to change company name from Kala Pharmaceuticals, Inc. to KALA BIO, Inc."},"claim":"KALA BIO, Inc.: Amended certificate of incorporation to change company name from Kala Pharmaceuticals, Inc. to KALA BIO, Inc (effective 2023-08-02).","evidence_excerpt":"Effective as of 4:00 p.m., Eastern Time on August 2, 2023, Kala Pharmaceuticals, Inc. (the “Company”) amended its Restated Certificate of Incorporation, as amended (the “Certificate of Incorporation”), to effect a change of the Company’s name from “Kala Pharmaceuticals, Inc.” to “KALA BIO, Inc.”","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001558370-23-012895","anchor_url":"https://secwatch.observer/filing/0001558370-23-012895#claim-da15fa4ff7dc2b35138705e25acf1d935a94a873","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1479419/000155837023012895/0001558370-23-012895-index.htm"},{"fact_type":"shareholder_vote","fact_key":"8494aca1bf345f1218f8fe76068eab638099eb90","cik":1479419,"ticker":"KALA","company_name":"KALA BIO, Inc.","filed_at":"2023-06-23T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":null,"outcome":"failed","proposal_text":"Amendment to Restated Certificate of Incorporation to change company name to Kala Bio, Inc.","proposal_type":"charter_amendment","results":[{"broker_non_votes":"0","subject":null,"votes_abstain":"2,924","votes_against":"11,194","votes_for":"1,151,465","votes_withheld":null}]},"claim":"KALA BIO, Inc. shareholders rejected Amendment to Restated Certificate of Incorporation to change company name to Kala Bio, Inc..","evidence_excerpt":"were as follows: ​ Votes For Votes Against Votes Abstaining Broker Non- Votes 1,151,465 11,194 2,924 0","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001558370-23-011375","anchor_url":"https://secwatch.observer/filing/0001558370-23-011375#claim-8494aca1bf345f1218f8fe76068eab638099eb90","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1479419/000155837023011375/0001558370-23-011375-index.htm"},{"fact_type":"shareholder_vote","fact_key":"8bec3bea6e5fc18163e2b0e4204b968a6c104877","cik":1479419,"ticker":"KALA","company_name":"KALA BIO, Inc.","filed_at":"2023-06-23T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":null,"outcome":"passed","proposal_text":"Approval of Amended and Restated 2017 Stock Option and Incentive Plan","proposal_type":"equity_plan","results":[{"broker_non_votes":"594,432","subject":null,"votes_abstain":"3,519","votes_against":"71,992","votes_for":"495,640","votes_withheld":null}]},"claim":"KALA BIO, Inc. shareholders approved Approval of Amended and Restated 2017 Stock Option and Incentive Plan.","evidence_excerpt":"were as follows: ​ Votes For Votes Against Votes Abstaining Broker Non- Votes 495,640 71,992 3,519 594,432","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001558370-23-011375","anchor_url":"https://secwatch.observer/filing/0001558370-23-011375#claim-8bec3bea6e5fc18163e2b0e4204b968a6c104877","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1479419/000155837023011375/0001558370-23-011375-index.htm"},{"fact_type":"shareholder_vote","fact_key":"803fbb257ea559de5c7c0a79ec10f9eb78e046f5","cik":1479419,"ticker":"KALA","company_name":"KALA BIO, Inc.","filed_at":"2023-06-23T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":null,"outcome":"passed","proposal_text":"Non-binding advisory vote on frequency of future say-on-pay votes","proposal_type":"say_on_pay_frequency","results":[{"broker_non_votes":"594,432","subject":null,"votes_abstain":"2,530","votes_against":null,"votes_for":"546,761","votes_withheld":null}]},"claim":"KALA BIO, Inc. shareholders approved Non-binding advisory vote on frequency of future say-on-pay votes.","evidence_excerpt":"were as follows: ​ Every One Year Every Two Years Every Three Years Votes Abstaining Broker Non- Votes 546,761 4,425 17,435 2,530 594,432","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001558370-23-011375","anchor_url":"https://secwatch.observer/filing/0001558370-23-011375#claim-803fbb257ea559de5c7c0a79ec10f9eb78e046f5","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1479419/000155837023011375/0001558370-23-011375-index.htm"},{"fact_type":"shareholder_vote","fact_key":"9bc61b6a849eb7bdc4ac7d45dac098abcd224653","cik":1479419,"ticker":"KALA","company_name":"KALA BIO, Inc.","filed_at":"2023-06-23T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":null,"outcome":"passed","proposal_text":"Non-binding advisory vote on compensation paid to named executive officers","proposal_type":"say_on_pay","results":[{"broker_non_votes":"594,432","subject":null,"votes_abstain":"15,185","votes_against":"57,912","votes_for":"498,054","votes_withheld":null}]},"claim":"KALA BIO, Inc. shareholders approved Non-binding advisory vote on compensation paid to named executive officers.","evidence_excerpt":"2. The Company’s stockholders approved the non-binding, advisory vote on the compensation paid to its named executive officers. The results","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001558370-23-011375","anchor_url":"https://secwatch.observer/filing/0001558370-23-011375#claim-9bc61b6a849eb7bdc4ac7d45dac098abcd224653","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1479419/000155837023011375/0001558370-23-011375-index.htm"},{"fact_type":"shareholder_vote","fact_key":"52ce7a983aa955be0654d6248706faee160118db","cik":1479419,"ticker":"KALA","company_name":"KALA BIO, Inc.","filed_at":"2023-06-23T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":null,"outcome":"passed","proposal_text":"Election of C. Daniel Myers and Howard B. Rosen as Class III directors","proposal_type":"director_election","results":[{"broker_non_votes":"594,432","subject":"C. Daniel Myers","votes_abstain":null,"votes_against":null,"votes_for":"544,974","votes_withheld":"26,177"},{"broker_non_votes":"594,432","subject":"Howard B. Rosen","votes_abstain":null,"votes_against":null,"votes_for":"550,334","votes_withheld":"20,817"}]},"claim":"KALA BIO, Inc. shareholders approved Election of C. Daniel Myers and Howard B. Rosen as Class III directors.","evidence_excerpt":"The results of the stockholders’ vote with respect to the election of such Class III directors were as follows: ​ Votes For Votes Withheld Broker Non- Votes C. Daniel Myers 544,974 26,177 594,432 Howard B. Rosen 550,334 20,817 594,432","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001558370-23-011375","anchor_url":"https://secwatch.observer/filing/0001558370-23-011375#claim-52ce7a983aa955be0654d6248706faee160118db","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1479419/000155837023011375/0001558370-23-011375-index.htm"},{"fact_type":"earnings_release","fact_key":"f0cb88dd9d4e88f4a38d551d219479d30b766f12","cik":1479419,"ticker":"KALA","company_name":"KALA BIO, Inc.","filed_at":"2023-05-09T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"the quarter ended March 31, 2023","report_date":"2023-05-09","result_type":"reported_results","revenue_text":null},"claim":"KALA BIO, Inc. reported financial results for the quarter ended March 31, 2023.","evidence_excerpt":"On May 9, 2023, Kala Pharmaceuticals, Inc. announced its financial results for the quarter ended March 31, 2023 and provided a general business update.","confidence":0.7,"filing_url":"https://secwatch.observer/filing/0001558370-23-008683","anchor_url":"https://secwatch.observer/filing/0001558370-23-008683#claim-f0cb88dd9d4e88f4a38d551d219479d30b766f12","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1479419/000155837023008683/0001558370-23-008683-index.htm"},{"fact_type":"shareholder_vote","fact_key":"3e62ddd47e91e72b90bfaa432764e4b0ceed70e5","cik":1479419,"ticker":"KALA","company_name":"KALA BIO, Inc.","filed_at":"2023-04-25T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-04-24","outcome":"passed","proposal_text":"Adjournment of Special Meeting to permit further solicitation if necessary","proposal_type":"other","results":[{"broker_non_votes":"0","subject":null,"votes_abstain":"5,183","votes_against":"94,743","votes_for":"873,292","votes_withheld":"0"}]},"claim":"KALA BIO, Inc. shareholders approved Adjournment of Special Meeting to permit further solicitation if necessary at the 2023-04-24 meeting.","evidence_excerpt":"3. The Company’s stockholders approved a proposal to adjourn the Special Meeting to a later date or dates, if necessary or appropriate, to permit further solicitation and vote of proxies in the event that there are insufficient votes for, or otherwise in connection with, the approval of the Option Exchange Proposal and the Auditor Ratification Proposal. The results of the stockholders’ vote with respect to such adjournment proposal were as follows: ​ Votes For Votes Against Votes Abstaining Broker Non- Votes 873,292 ​ 94,743 ​ 5,183 ​ 0","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0001558370-23-006578","anchor_url":"https://secwatch.observer/filing/0001558370-23-006578#claim-3e62ddd47e91e72b90bfaa432764e4b0ceed70e5","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1479419/000155837023006578/0001558370-23-006578-index.htm"},{"fact_type":"shareholder_vote","fact_key":"37da89ed089e085d98655567584cca6868ac253f","cik":1479419,"ticker":"KALA","company_name":"KALA BIO, Inc.","filed_at":"2023-04-25T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-04-24","outcome":"passed","proposal_text":"Ratification of Deloitte & Touche LLP as independent registered public accounting firm for fiscal year ending December 31, 2023","proposal_type":"auditor_ratification","results":[{"broker_non_votes":"0","subject":null,"votes_abstain":"11,739","votes_against":"23,974","votes_for":"937,505","votes_withheld":"0"}]},"claim":"KALA BIO, Inc. shareholders approved Ratification of Deloitte & Touche LLP as independent registered public accounting firm for fiscal year ending December 31, 2023 at the 2023-04-24 meeting.","evidence_excerpt":"2. The Company’s stockholders ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 (the “Auditor Ratification Proposal”). The results of the stockholders’ vote with respect to such ratification were as follows: ​ Votes For Votes Against Votes Abstaining Broker Non- Votes 937,505 ​ 23,974 ​ 11,739 ​ 0","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0001558370-23-006578","anchor_url":"https://secwatch.observer/filing/0001558370-23-006578#claim-37da89ed089e085d98655567584cca6868ac253f","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1479419/000155837023006578/0001558370-23-006578-index.htm"},{"fact_type":"shareholder_vote","fact_key":"c56945d133e26741a897003d7c57d169fa21a2f0","cik":1479419,"ticker":"KALA","company_name":"KALA BIO, Inc.","filed_at":"2023-04-25T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-04-24","outcome":"passed","proposal_text":"One-time exchange of stock options for newly issued restricted stock units (Option Exchange Proposal)","proposal_type":"equity_plan","results":[{"broker_non_votes":"525,624","subject":null,"votes_abstain":"4,580","votes_against":"57,585","votes_for":"385,429","votes_withheld":"0"}]},"claim":"KALA BIO, Inc. shareholders approved One-time exchange of stock options for newly issued restricted stock units (Option Exchange Proposal) at the 2023-04-24 meeting.","evidence_excerpt":"1. The Company’s stockholders approved the one-time exchange of stock options issued under the Company’s 2009 Employee, Director and Consultant Equity Incentive Plan, the Company’s 2017 Equity Incentive Plan, and inducement awards granted to certain newly hired employees in accordance with Nasdaq Listing Rule 5635(c)(4) that are held by executive officers, other employees, and non-employee directors of the Company for newly issued restricted stock units (the “Option Exchange Proposal”). 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(the “Company”) and Combangio, Inc., a wholly-owned subsidiary of the Company, entered into an amendment (the “Loan Amendment”) with Oxford Finance LLC to the Loan and Security Agreement, dated May 4, 2021 (as amended, the “Loan Agreement”), by and among the Company, Combangio, Inc. and Oxford Finance LLC, in its capacity as lender (in such capacity, the “Lender”), and in its capacity as collateral agent (in such capacity, the “Agent”).","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001104659-22-130170","anchor_url":"https://secwatch.observer/filing/0001104659-22-130170#claim-02e756e1315d2fe53de9ccfd5cb64fa64534ffac","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465922130170/0001104659-22-130170-index.htm"},{"fact_type":"exchange_compliance_notice","fact_key":"1c8c7bf687f6e830f0e1d550c1a237f24385f554","cik":1479419,"ticker":"KALA","company_name":"KALA BIO, Inc.","filed_at":"2022-12-09T23:59:59+00:00","payload":{"company_response":null,"compliance_status":"deficient","cure_deadline":null,"deficiency_type":"market_value","delisting_effective_date":null,"exchange":"nasdaq","hearing_date":null,"immediate_listing_effect":null,"minimum_requirement":null,"notice_date":"2022-12-05","notice_type":"deficiency_notice","plan_due_date":null,"raw_rule_text":"Nasdaq Listing Rule 5450(b)(2)(C) and Nasdaq Listing Rule 5810(c)(3)(D)","reported_value":null,"rule_numbers":["5450(b)(2)(C)","5810(c)(3)(D)"],"rules_cited_in_text":true},"claim":"KALA BIO, Inc. received a nasdaq deficiency notice notice regarding market value (rules 5450(b)(2)(C), 5810(c)(3)(D)).","evidence_excerpt":"December 5, 2022, Kala Pharmaceuticals, Inc. (the “Company”)\nreceived a deficiency letter from the Listing Qualifications Department (the “Staff”) of the Nasdaq Stock Market (“Nasdaq”)\nnotifying the Company that the listing of its common stock was not in compliance with Nasdaq Listing Rule 5450(b)(2)(C) (the\n“Minimum MVPHS Requirement”) for continued listing on the Nasdaq Global Select Market, as the market value of the Company’s\npublicly held shares was less than $15,000,000 for each of the previous 30 consecutive business days. In accordance with Nasdaq Listing Rule 5810(c)(3)(D), the Compan","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-22-125884","anchor_url":"https://secwatch.observer/filing/0001104659-22-125884#claim-1c8c7bf687f6e830f0e1d550c1a237f24385f554","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465922125884/0001104659-22-125884-index.htm"},{"fact_type":"governance_change","fact_key":"25f271bebd1aedf4f92afe3a82397851946c5d28","cik":1479419,"ticker":"KALA","company_name":"KALA BIO, Inc.","filed_at":"2022-11-28T23:59:59+00:00","payload":{"change_type":"charter_amendment","effective_date":"2022-11-28","item_codes_triggered":["5.03"],"summary_text":"Filed Certificate of Elimination to remove all matters related to Series D Preferred Stock and reclassify shares as undesignated preferred stock"},"claim":"KALA BIO, Inc.: Filed Certificate of Elimination to remove all matters related to Series D Preferred Stock and reclassify shares as undesignated preferred stock (effective 2022-11-28).","evidence_excerpt":"On November 28, 2022, immediately prior to filing the Certificate of Designation referenced above, the Company filed a Certificate of Elimination of Number of Shares of Preferred Stock Designated as Series D Preferred Stock (the “Certificate of Elimination”) with the Secretary of State of the State of Delaware which, effective upon filing, eliminated all matters set forth in the Certificate of Designation of Series D Preferred Stock previously filed by the Company and all shares of Preferred Stock previously designated as Series D Preferred Stock resumed their status as undesignated shares of preferred stock of the Company.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001558370-22-018228","anchor_url":"https://secwatch.observer/filing/0001558370-22-018228#claim-25f271bebd1aedf4f92afe3a82397851946c5d28","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1479419/000155837022018228/0001558370-22-018228-index.htm"},{"fact_type":"governance_change","fact_key":"27d1a1b98609154f1f6eaa6e0d539b65481ae520","cik":1479419,"ticker":"KALA","company_name":"KALA BIO, Inc.","filed_at":"2022-11-28T23:59:59+00:00","payload":{"change_type":"charter_amendment","effective_date":"2022-11-28","item_codes_triggered":["5.03"],"summary_text":"Filed Certificate of Designations to establish Series E Convertible Non-Redeemable Preferred Stock"},"claim":"KALA BIO, Inc.: Filed Certificate of Designations to establish Series E Convertible Non-Redeemable Preferred Stock (effective 2022-11-28).","evidence_excerpt":"On November 28, 2022 (the “Filing Date”), the Company filed a Certificate of Designations, Preferences and Rights of Series E Convertible Non-Redeemable Preferred Stock (the “Certificate of Designations”) with the Secretary of State of the State of Delaware with respect to the Series E Preferred Stock.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001558370-22-018228","anchor_url":"https://secwatch.observer/filing/0001558370-22-018228#claim-27d1a1b98609154f1f6eaa6e0d539b65481ae520","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1479419/000155837022018228/0001558370-22-018228-index.htm"},{"fact_type":"material_agreement","fact_key":"59107f0c9afc3428728e561941a38aa1495c996a","cik":1479419,"ticker":"KALA","company_name":"KALA BIO, Inc.","filed_at":"2022-11-28T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Securities Purchase Agreement","agreement_type":"equity_purchase","counterparty":"certain institutional investors","effective_date":"2022-11-28","item_codes_triggered":["1.01"],"value_text":"aggregate gross proceeds of up to $31.0 million"},"claim":"KALA BIO, Inc. entered into Securities Purchase Agreement with certain institutional investors valued at aggregate gross proceeds of up to $31.0 million (effective 2022-11-28).","evidence_excerpt":"On November 28, 2022, Kala Pharmaceuticals, Inc. (the “Company”) entered into a Securities Purchase Agreement (the “Securities Purchase Agreement”) with certain institutional investors named therein (the “Purchasers”), pursuant to which the Company agreed to issue and sell, in a private placement priced at-the-market under Nasdaq rules, shares (the “Common Shares”) of Common Stock, par value $0.001 per share, of the Company (the “Common Stock”) and shares (the “Preferred Shares”, and together with the Common Shares, the “Private Placement Shares”) of Series E Convertible Non-Redeemable Preferred Stock, par value $0.001 per share, of the Company (the “Series E Preferred Stock”), in two tranches for aggregate gross proceeds of up to $31.0 million (collectively, the “Private Placement”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001558370-22-018228","anchor_url":"https://secwatch.observer/filing/0001558370-22-018228#claim-59107f0c9afc3428728e561941a38aa1495c996a","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1479419/000155837022018228/0001558370-22-018228-index.htm"},{"fact_type":"earnings_release","fact_key":"d73a561c2ece0944c910b284548a3daa5c41a486","cik":1479419,"ticker":"KALA","company_name":"KALA BIO, Inc.","filed_at":"2022-11-08T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"the third quarter ended September 30, 2022","report_date":"2022-11-08","result_type":"reported_results","revenue_text":null},"claim":"KALA BIO, Inc. reported financial results for the third quarter ended September 30, 2022.","evidence_excerpt":"On November 8, 2022, Kala Pharmaceuticals, Inc. announced its financial results for the quarter ended September 30, 2022","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0001558370-22-016752","anchor_url":"https://secwatch.observer/filing/0001558370-22-016752#claim-d73a561c2ece0944c910b284548a3daa5c41a486","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1479419/000155837022016752/0001558370-22-016752-index.htm"},{"fact_type":"executive_change","fact_key":"09799891b5","cik":1479419,"ticker":"KALA","company_name":"KALA BIO, Inc.","filed_at":"2022-11-01T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2022-10-31","interim":false,"role":"Class I director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Marjan Farid, M.D. was appointed as Class I director at KALA BIO, Inc..","evidence_excerpt":"On October 31,, 2022, upon the recommendation of the Nominating and Corporate Governance Committee of Kala Pharmaceuticals, Inc. 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Daniel Myers was appointed as member of the Board of Directors at KALA BIO, Inc..","evidence_excerpt":"On October 15, 2021, upon the recommendation of the Nominating and Corporate Governance Committee, the Board appointed C. 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