{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-108844","form_type":"8-K","ticker":"KALA","cik":"0001479419","company_name":"KALA BIO, Inc.","filed_at":"2025-11-10T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.495143+00:00","generated_at":"2026-05-16T22:20:37.660298+00:00","sec_items":["1.01","2.03","3.02","8.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.78,"confidence":"high","headline":"KALA Bio enters $375k convertible loan; Oxford pauses foreclosure, company faces cash crunch","bullets":["Convertible loan of up to $375k from individual investor; first $187.5k due Nov 10, remainder by Nov 12, 2025.","Loan bears 15% simple interest; lender can convert into common stock at defined prices.","Proceeds limited to negotiating further investment with lender and preparing Q3 2025 Form 10-Q.","Oxford paused asset foreclosure on Nov 3. If no additional financing, foreclosure expected to resume.","Company cannot seek alternative offers from others until Nov 17, 2025; warns of going-concern risk."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-108844","json":"https://secwatch.observer/filing/0001104659-25-108844.json","markdown":"https://secwatch.observer/filing/0001104659-25-108844.md","text":"https://secwatch.observer/filing/0001104659-25-108844.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1479419/000110465925108844/0001104659-25-108844-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1479419/000110465925108844/kala-20251109x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T22:20:37.660298+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"}