Kala Bio announces 1-for-30 reverse stock split
KALA•Kala Bio will implement a 1-for-30 reverse stock split effective November 13, 2026. Outstanding common shares will fall from 19,339,786 to approximately 644,659, with split-adjusted trading beginning November 16 under the symbol KALA.
1. Split details
Kala Bio will implement a 1-for-30 reverse stock split effective at 4:05 p.m. on November 13, 2026. Split-adjusted trading will begin November 16 on the Nasdaq Capital Market under the unchanged symbol KALA.
2. Share count and cash
Outstanding common shares will fall from 19,339,786 to approximately 644,659. Fractional shares will be paid in cash based on the November 12 closing price on the Nasdaq Capital Market.
