Extracted from this filing and checked against the source text.
Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.9
KALA BIO, Inc. issued 5,000,000 shares of the Company’s common stock of common stock to 2624465 Ontario Inc. o/a Younet AI for up to $530,000 in cash, of which $80,000 paid on Effective Date, and up to $450,000 additional.
- Security
- common stock
- Shares
- 5,000,000 shares of the Company’s common stock
- Purchaser
- 2624465 Ontario Inc. o/a Younet AI
- Consideration
- up to $530,000 in cash, of which $80,000 paid on Effective Date, and up to $450,000 additional
Exact text from the filing
by the Company. In consideration of the services to be performed by Younet under the Agreement, the Company has agreed to pay to Younet for the Initial Term a cash fee of up to $530,000 consisting of (i) $80,000 in cash, which was paid by the Company on the Effective Date, and (ii) in the event the Company delivers to Younet a written notice electing to engage
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
KALA BIO, Inc. entered into Agreement with 2624465 Ontario Inc. o/a Younet AI (effective 2026-03-03).
- Action
- entry
- Agreement
- license
- Counterparty
- 2624465 Ontario Inc. o/a Younet AI
- Effective
- 2026-03-03
Exact text from the filing
On March 3, 2026 (the “Effective Date”), KALA BIO, Inc. (the “Company”) and 2624465 Ontario Inc. o/a Younet AI, an Ontario corporation (“Younet”) entered into a Platform Development and Exclusive License Agreement (the “Agreement”)
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