KALA BIO (KALA) director files insider report showing no owned shares
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
KALA BIO, Inc. director Hillel D. Posen filed an initial statement of beneficial ownership as a reporting person. The filing states that no securities of KALA BIO are beneficially owned. It also records that Posen granted a power of attorney authorizing Avraham Minkowitz to sign and file the report on his behalf.
Positive
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FAQ
Who filed the initial beneficial ownership report for KALA (KALA BIO, Inc.)?
The initial beneficial ownership report was filed for Hillel D. Posen, a director of KALA BIO, Inc. He is identified as a reporting person but is not listed as an officer or 10% owner in this filing.
What is the event date in this KALA (KALA BIO, Inc.) insider filing?
The event date requiring the statement is listed as 01/30/2026. This is the date as of which the reporting person’s beneficial ownership status—showing no securities owned—is being reported to regulators.
Who signed the KALA (KALA BIO, Inc.) insider report and in what capacity?
The report is signed “/s/ Avraham Minkowitz, Attorney-in-Fact”. A power of attorney executed by the reporting person authorizes Minkowitz to sign and file the document on Hillel D. Posen’s behalf as attorney-in-fact.
What does the power of attorney note in the KALA (KALA BIO, Inc.) filing explain?
The filing notes that a Power of Attorney executed by the reporting person authorizes Avraham Minkowitz to sign and submit the report. This power of attorney is attached as Exhibit 24, formalizing Minkowitz’s authority to act for the director.