---
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"
generated_at: "2026-05-16T22:20:37.660298+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.78
confidence: "high"
source: SEC EDGAR
---

# KALA Bio enters $375k convertible loan; Oxford pauses foreclosure, company faces cash crunch

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: negative
- materiality_score: 0.78
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 8.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-108844
- JSON: https://secwatch.observer/filing/0001104659-25-108844.json
- Plain text: https://secwatch.observer/filing/0001104659-25-108844.txt

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