KALA BIO shares surge 17.71% intraday after paying $2M to settle $10.6M debt with Oxford Finance, resolving loan default.
ByAinvest
Tuesday, Jan 6, 2026 9:59 am ET1min read
KALA--
KALA BIO surged 17.71% in intraday trading, after resolving a loan default with Oxford Finance by paying $2 million to settle a $10.6 million debt. The repayment, reported on January 5, 2026, eliminated a significant financial burden and increased shareholder equity.
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