Kala Pharmaceuticals (KALA) Announces $12,500,000 Private Placement
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KALA BIO Announces $12,500,000 Private Placement
June 27, 2024 8:00 AM EDTARLINGTON, Mass., June 27, 2024 (GLOBE NEWSWIRE) -- KALA BIO, Inc. (NASDAQ: KALA), a clinical-stage biopharmaceutical company dedicated to the research, development and commercialization of innovative therapies for rare and severe diseases of the eye, today announced that it has entered into a securities purchase agreement with a select group of institutional accredited investors for the sale, in a private placement, of shares of its common stock and shares of its Series H Convertible Non-Redeemable Preferred Stock (the Series H Preferred Stock), for aggregate gross proceeds of approximately $12.5 million, before deducting offering... More
