Material Event (Form 8-K)

On September 16, 2025, the Board of Directors of KALA BIO, Inc. (the "Company") established December 11, 2025 as the date of the Company's 2025 annual meeting of stockholders (the "2025 Annual Meeting"). The Company plans to publish additional details regarding the exact time, location and matters to be voted on at the 2025 Annual Meeting in the Company's proxy statement for the 2025 Annual Meeting.

Because the date of the 2025 Annual Meeting will change by more than 30 calendar days from the anniversary date of the Company's 2024 annual meeting of stockholders, the Company has set a deadline for the receipt of stockholder proposals submitted pursuant to Rule 14a-8 under the Securities Exchange Act of 1934, as amended ("Rule 14a-8") for inclusion in the Company's proxy materials relating to the 2025 Annual Meeting. In order for a proposal under Rule 14a-8 to be timely, it must be received by the Company's Secretary at the principal executive offices of the Company by October 1, 2025, which the Company has determined to be a reasonable time before the Company's proxy materials are due to be printed and sent. Such proposals must also comply with the Company's Third Amended and Restated By-Laws (the "By-Laws") and the rules of the Securities and Exchange Commission regarding the inclusion of stockholder proposals in proxy materials, and any such proposal may be omitted if not in compliance with applicable requirements.

The address of the Company's principal executive offices is 1167 Massachusetts Avenue, Arlington, Massachusetts 02476.

Stockholders wishing to nominate a director or propose matters to be considered at the 2025 Annual Meeting in the manner contemplated by the By-Laws must submit timely notice to the Company in order for such matters to be considered at the 2025 Annual Meeting. Because the date of the 2025 Annual Meeting will be delayed by more than 60 days from the first anniversary of the Company's 2024 annual meeting of stockholders, in accordance with Sections 1.10(b) and 1.11(b) of the By-Laws, such notice must be received by the Company's Secretary at the address above by September 28, 2025 (which is the 10^th day following the day on which public announcement of the date of the 2025 Annual Meeting was first made by the Company). Such proposals must also comply with all other requirements set forth in the By-Laws and other applicable laws.