KALA BIO receives default notice from Oxford; $29.1M debt accelerated

KALA BIO, Inc.

Oxford Finance declared event of default under Loan Agreement citing Material Adverse Change.
All obligations immediately due and payable; total $29.1M plus default interest and expenses.
Default interest rate began accruing from date of default per Loan Agreement terms.
Company previously described Loan Agreement in its Q2 2025 10-Q filing.

item 2.04

Machine-readable event card

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ticker: KALA
cik: 0001479419
company_name: KALA BIO, Inc.
filed_at: 2025-10-01T23:59:59+00:00
discovered_at: 2026-05-14T18:02:39.494745+00:00
generated_at: 2026-05-17T05:04:24.836230+00:00
sec_items: ["2.04"]
event_type: debt
sentiment: negative
materiality_score: 0.9
confidence: high
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Source: SEC EDGAR

accession 0001104659-25-095342

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