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KALA

distress 8/10 · high distress / dilution risk
$0.69-6%today-100% from 52w high
kalarx.com6 employeesFounded 2009Arlington, MABiotechnology
Lead: persistent corneal epithelial defect (PCED)
Revenue
pre-revenue
Liquidity
$9M
Runway
0.3 yrs
Shares 1y
+165%

Price & events

-97.7% over 6M
$0.69$15.47$30.25Jan 26Apr 26Jul 265.8Mdilution: 424B5 offering (2026-07-22)dilution: EFFECT shelf_effective (2026-06-25)dilution: S-3/A shelf_registration (2026-06-12)dilution: S-3 shelf_registration (2026-05-07)dilution: EFFECT shelf_effective (2026-02-17)dilution: 424B3 offering (2026-02-17)dilution: S-3 shelf_registration (2026-02-10)financing: 8-K private_placement (2026-03-04)financing: 8-K private_placement (2026-02-02)
CatalystRating changeDilutionFinancingdashed = today
-6.4%
1D
-18.5%
1W
-77.9%
1M
-91.0%
3M
-97.7%
6M
-99.8%
1Y
-99.8%
2Y
-100.0%
5Y
-100.0%
All

Overview

Market Cap
$12.83M
Enterprise Value
$38.01M
Volume
43.23K
52 Week Range
$0.69 – $982
Total Shares
18.59M
Float Shares
18.59M
Short %
1.18%
% Held by Insiders
1.29%
% Held by Institutions
0.64%
RVOL
0.23x
Beta
-2.36

Pipeline · 0 trials · 0 upcoming

ReadoutPhaseDrugIndicationEnrollStatus
No pipeline trials tracked.

Catalyst news & presentations · 7

Approved drugs (0)

  • none — clinical-stage

Capital structure — dilution & financing

Shares out: 18,589,832 · 3 offerings/1y · 5 PIPEs
  • 2026-07-22424B5offering
  • 2026-06-25EFFECTshelf_effective
  • 2026-06-12S-3/Ashelf_registration
  • 2026-05-07S-3shelf_registration
  • 2026-03-048-Kprivate_placement
  • 2026-02-17424B3offering
  • 2026-02-17EFFECTshelf_effective
🔒 Positioning — Pro
Short interest / days-to-cover, insider buys & sells.
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🔒 Top holders — Pro
Institutional ownership + quarter-over-quarter accumulation/trimming.
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Wall St ratings

no consensus
  • 2025-09-29HC Wainwright & Co.Buy → Neutral
  • 2025-09-17HC Wainwright & Co.Buy
  • 2025-09-11OppenheimerOutperform
  • 2025-09-08MizuhoOutperform
  • 2025-05-23HC Wainwright & Co.Buy
  • 2025-04-04HC Wainwright & Co.Buy

Competitors — persistent corneal epithelial defect (PCED)

  • none identified

Not financial advice. Data: ClinicalTrials.gov, SEC EDGAR, FINRA, Nasdaq, Yahoo.