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Kala Bio to execute 1-for-50 reverse stock split May 8

PUBT · 4h ago

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Kala Bio to execute 1-for-50 reverse stock split May 8

Kala Bio set 1-for-50 reverse stock split, effective 4:05 p.m. ET May 8, 2026.
Shares to begin trading on a split-adjusted basis May 11, 2026 on Nasdaq under symbol KALA.
Outstanding share count expected to drop to about 18,589,832 from 929,491,578.
Fractional shares to be cashed out based on May 7, 2026 Nasdaq closing price.
New post-split CUSIP: 483119301.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kala Bio Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605070900PRIMZONEFULLFEED9715084) on May 07, 2026, and is solely responsible for the information contained therein.

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