{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-095342","form_type":"8-K","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","headline":"KALA BIO receives default notice from Oxford; $29.1M debt accelerated","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-095342","json":"https://secwatch.observer/filing/0001104659-25-095342.json","markdown":"https://secwatch.observer/filing/0001104659-25-095342.md","text":"https://secwatch.observer/filing/0001104659-25-095342.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1479419/000110465925095342/0001104659-25-095342-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1479419/000110465925095342/tm2527691d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T05:04:24.836230+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}