---
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"
generated_at: "2026-05-17T05:04:24.836230+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: negative
- materiality_score: 0.9
- confidence: high
- sec_items: 2.04
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-095342
- JSON: https://secwatch.observer/filing/0001104659-25-095342.json
- Plain text: https://secwatch.observer/filing/0001104659-25-095342.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.