KALA BIO, Inc. (KALA): debt financing — 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

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

KALA BIO, Inc. faced acceleration on loan of $29.1 million with Oxford Finance LLC at Default Rate.

Instrument: loan
Principal: $29.1 million
Counterparty: Oxford Finance LLC
Rate: Default Rate
Event: acceleration

Exact text from the filing

the Event of Default. The total amount of the Company’s obligations under the Loan Agreement as of the date hereof that have been accelerated and declared payable by Oxford is $29.1 million plus any additional interest due upon final payment and any expenses that become payable by the Company under the Loan Agreement. A description of the Loan Agreement is contained

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KALA BIO, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-25-095342

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