---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-26-000837"
form_type: "8-K"
ticker: "KALA"
cik: "0001479419"
company_name: "KALA BIO, Inc."
filed_at: "2026-02-02T23:59:59+00:00"
generated_at: "2026-05-16T05:34:59.918991+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# KALA BIO sells $4.2M Series AAA Preferred, board control shifts to AK Holdings

## Summary
- Company issued 2.1M shares of Series AAA Preferred at $2/sh, raising $4.2M; each share convertible into 420 common shares (882M total potential shares).
- AK Holdings appointed five directors: Avi Minkowitz, Hillel Posen, Chaim Berger, Yonatan Colman, Brendan Purdy, replacing prior board.
- Stockholders approved increase in authorized common shares to 1.5B and authorized reverse stock split (1:2 to 1:100).
- Six prior directors resigned (Marjan Farid, Andrew Koven, Mark Iwicki, Todd Bazemore, C. Daniel Meyers, Howard Rosen).

## SEC filing metadata
- accession: 0001829126-26-000837
- form_type: 8-K
- ticker: KALA
- cik: 0001479419
- company_name: KALA BIO, Inc.
- filed_at: 2026-02-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 3.02, 5.01, 5.02, 5.03, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1479419/000182912626000837/0001829126-26-000837-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1479419/000182912626000837/kalabio_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-26-000837
- JSON: https://secwatch.observer/filing/0001829126-26-000837.json
- Plain text: https://secwatch.observer/filing/0001829126-26-000837.txt

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