QualityStocksNewsBreaks – KALA BIO, Inc. (NASDAQ: KALA) Implements 1-For-50 Reverse Stock Split
KALA BIO (NASDAQ: KALA) implemented a 1-for-50 reverse stock split of its common stock, effective at 4:05 p.m. on May 8, 2026, with split-adjusted trading set to begin on the Nasdaq Capital Market at the open on May 11, 2026. The reverse split will reduce the company’s outstanding common shares from approximately 929.5 million to 18.6 million, with cash payments issued in lieu of fractional shares and proportional adjustments made to outstanding equity awards, warrants and other convertible securities. To view the full press release, visit https://ibn.fm/yUznR ABOUT KALA BIO (NASDAQ: KALA) KALA BIO, Inc. is a clinical-stage biopharmaceutical company…
