KALA BIO Announces Reverse Stock Split
Key Highlights
- ➤KALA BIO (KALA) will execute a 1-for-30 reverse stock split November 13
- ➤Split-adjusted trading begins November 16, 2026, under ticker KALA
- ➤Outstanding shares will decrease from 19,339,786 to approximately 644,659
- ➤Proportional adjustments apply to equity awards, warrants, and convertible securities
- ➤No fractional shares issued; eligible holders receive cash based on November 12 closing price
Common Stock Will Begin Trading on a Split-Adjusted Basis on November 16, 2026
Arlington, Massachusetts--(Newsfile Corp. - November 12, 2026) - KALA BIO, Inc. (NASDAQ: KALA) ("KALA BIO" or the "Company"), today announced that it intends to effect a reverse stock split of its common stock, par value $0.001 per share (the "common stock"), at a ratio of 1 post-split share for every 30 pre-split shares. The reverse stock split will become effective at 4:05 p.m. on Friday, November 13, 2026. The Company's common stock will continue to be traded on the Nasdaq Capital Market under the symbol KALA and will begin trading on a split-adjusted basis when the market opens on Monday, November 16, 2026. The new CUSIP number for the common stock following the reverse stock split is 483119400.
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