What Sparked KALA BIO's Nearly 38% Surge Overnight?

Benzinga

11/26

KALA BIO Inc. (NASDAQ:KALA) jumped 37.87% to $0.88 in after-hours trading on Tuesday. Check out the current price of KALA stock here. According to Benzinga Pro data, the stock closed the regular ...

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(NASDAQ:KALA) jumped 37.87% to $0.88 in after-hours trading on Tuesday.\nCheck out the current price of KALA stock here.\nAccording to Benzinga Pro data, the stock closed the regular ...</p>\n\n<a href=\"https://www.benzinga.com/markets/equities/25/11/49076865/what-sparked-kala-bios-nearly-38-surge-overnight\">網頁鏈接</a>\n\n</div>\n","source":"benzinga_hot_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Sparked KALA BIO's Nearly 38% Surge Overnight?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Sparked KALA BIO's Nearly 38% Surge Overnight?\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Benzinga</strong><span class=\"h-time small\">2025-11-26 13:34</span>\n</p>\n</h4>\n</header>\n<article>\n<div>\n<p>KALA BIO Inc. (NASDAQ:KALA) jumped 37.87% to $0.88 in after-hours trading on Tuesday.\nCheck out the current price of KALA stock here.\nAccording to Benzinga Pro data, the stock closed the regular ...</p>\n\n<a href=\"https://www.benzinga.com/markets/equities/25/11/49076865/what-sparked-kala-bios-nearly-38-surge-overnight\">網頁鏈接</a>\n\n</div>\n\n<div class=\"bt-text\">\n\n\n<p> 來源：<a href=\"https://www.benzinga.com/markets/equities/25/11/49076865/what-sparked-kala-bios-nearly-38-surge-overnight\">Benzinga</a></p>\n<p>為提升您的閱讀體驗，我們對本頁面進行了排版優化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4007","symbol_name":"製藥","start_time":0,"source_url":"https://www.benzinga.com/markets/equities/25/11/49076865/what-sparked-kala-bios-nearly-38-surge-overnight","article_id":"2586238268","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2025/11/26/Stock-Market-Growth-Vector-With-Green-Ca.jpeg?optimize=medium&dpr=2&auto=webp&width=260"],"rights":{"source":"benzinga_hot_news","url":"https://www.benzinga.com/markets/equities/25/11/49076865/what-sparked-kala-bios-nearly-38-surge-overnight","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2586238268","pubTimestamp":1764135240,"columns":[],"sourceInfo":{"source_id":"benzinga_hot_news","name":"Benzinga"},"weMediaInfo":null,"summary":"KALA BIO shares surged over 37% in after-hours trading following a private placement, loan settlement, and leadership changes.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4007":"制药","BK4139":"生物科技","BK4121":"生命科学工具和服务","BIO":"Bio Rad实验室","BK4588":"碎股","LU1169589451.USD":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"A\" (USD) ACC","BK4585":"ETF&股票定投概念","LU1169590202.USD":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"I\" (USD) ACC","KALA":"KALA BIO"},"translate_title":"是什么引发了卡拉生物一夜之间近38%的大涨？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"KALA":1.5,"BIO":1.5},"content_text":"KALA BIO Inc. (NASDAQ:KALA) jumped 37.87% to $0.88 in after-hours trading on Tuesday.\nCheck out the current price of KALA stock here.\nAccording to Benzinga Pro data, the stock closed the regular session at $0.64, up 3.45%.\nLast week, the Massachusetts-based biopharmaceutical company entered into a Securities Purchase Agreement with investor David Lazar to raise up to $6 million through a private placement, according to a Securities and Exchange Commission (SEC) Form 8-K filing.\nThe first closing took place Monday, raising $1.8 million from the sale of 900,000 Series AA Preferred Shares at $2 each. A second closing, expected before March 31, 2026, would raise $4.2 million through 2.1 million Series AAA Preferred Shares at $2 each, pending stockholder approval.\nSee Also: Cathie Wood Makes Massive Google Stock Purchase Amid AI Chip Shakeup — Ark Loads Up On Meta, Sells Palantir And AMD Shares\nLast week, KALA BIO and Virginia-based finance firm Oxford Finance LLC reached a loan settlement agreement.\nThe settlement requires a $2 million cash payment and issuance of 1.62 million common stock shares. \nUpon completion of an initial $1 million payment by January 15, 2026, or the stockholder meeting date, and stock issuance, the Loan Agreement balance will be reduced by $7 million.\nLazar was also named Chief Executive Officer and Principal Executive Officer by the Board, with effect from the first closing.\nFrom August to November, Lazar served as CEO of Novabay Pharmaceuticals Inc. (NASDAQ:NBY), a biopharmaceutical company based in California.\nThe clinical-stage company's stock has fallen 91.72% year to date.\nKALA has a 52-week range of $0.61 to $20.58 and a market capitalization of $5.21 million.\nBenzinga's Edge Stock Rankings indicates KALA stock has a negative price trend across all time frames. Here is how the stock fares on other parameters.\nRead Next:\nPhoto Courtesy: Xharites on Shutterstock.com\nDisclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}