secwatch.observer — SEC 8-K summary
======================================

Issuer:     KALA BIO, Inc. (KALA)
CIK:        0001479419
Form:       8-K
Filed at:   2026-01-06T23:59:59+00:00
Accession:  0001829126-26-000055
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 1.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KALA BIO settles $10.6M Oxford debt for $2M; issues 4.6M shares to settle claims
--------------------------------------------------------------------------------

- Paid $2M to Oxford Finance, settling ~$10.6M debt obligations in full; debt overhang removed.
- Issued 900,000 shares to Baker Bros. to resolve participation rights claims under prior financing.
- Issued 2,200,000 shares to LifeSci Capital for unpaid financial advisory services.
- Issued 1,100,000 shares to Delaware IR to settle $600,000 consulting fee; make-whole provision.
- Total 4,600,000 shares issued in private, unregistered transactions (incl. 400,000 to employees).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1479419/000182912626000055/0001829126-26-000055-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1479419/000182912626000055/kalabio_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-26-000055

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer