UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
January 13, 2020
Kala Pharmaceuticals, Inc.
(Exact Name of Company as Specified in its
Charter)
| Delaware |
001-38150 |
27-0604595 |
(State or Other Jurisdiction of
Incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
490 Arsenal Way, Suite 120
Watertown, MA 02472
(Address of Principal Executive Offices)
(Zip Code)
Company’s telephone number, including
area code: (781) 996-5252
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction
A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class |
Trading symbol(s) |
Name of each exchange on
which registered |
| Common Stock, $0.001 par value per share |
KALA |
The Nasdaq Global Select Market |
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2
of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company x
If an emerging growth company, indicate
by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial
accounting standards provided pursuant to Section 13(a) of the Exchange Act. x
| Item 2.02. | Results of Operations and Financial Condition. |
As described below, on January 13, 2020, Kala Pharmaceuticals,
Inc. (the “Company”) made available an updated corporate presentation, which it plans to use for meetings with investors
and analysts at the Annual J.P. Morgan Healthcare Conference in San Francisco, California. Although the Company has not finalized
its full financial results for the fourth quarter and fiscal year ended December 31, 2019, the Company disclosed in its corporate
presentation that it expects to report cash and cash equivalents of approximately $85.4 million as of December 31, 2019 and 36,086,254
shares of common stock (“Common Stock”), $0.001 par value per share, outstanding as of December 31, 2019. The estimated
cash figure includes net proceeds generated from the sale of shares of Common Stock under the Company’s “at-the-market”
offering program during the fourth quarter of 2019. The related excerpt from the corporate presentation is attached as Exhibit
99.1 hereto.
The estimated cash and outstanding share figures are preliminary
and unaudited, represent management’s estimate as of the date of this report and are subject to completion of the Company’s
financial closing procedures. The Company’s independent registered public accounting firm has not conducted an audit or review
of, and does not express an opinion or any other form of assurance with respect to, the estimated cash and outstanding share figures.
The information in this Item 2.02, including Exhibit 99.1 hereto,
shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange
Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing
under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, except as expressly set
forth by specific reference in such a filing.
| Item 7.01. |
Regulation FD Disclosure. |
On January 13, 2020, the Company made available an updated corporate
presentation, which it plans to use for meetings with investors and analysts at the Annual J.P. Morgan Healthcare Conference in
San Francisco, California. The presentation is available through the “Investors & Media” section of
the Company’s website (http://www.kalarx.com) under “Events and Presentations” and will remain available for
review for two weeks after January 13, 2020. The information contained in, or that can be accessed through, the Company’s
website is not a part of this filing.
The information set forth in Item 2.02 of this Form 8-K is incorporated
by reference into this Item 7.01.
The information in this Item 7.01 shall not be deemed “filed”
for purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities of that section, nor shall it be deemed
incorporated by reference in any filing under the Securities Act or the Exchange Act, except as expressly set forth by specific
reference in such a filing.
| Item 9.01. | Financial Statements and
Exhibits. |
(d) Exhibits:
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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KALA PHARMACEUTICALS, INC. |
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| Date: January 13, 2020 |
By: |
/s/ Eric L. Trachtenberg |
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Name: Eric L. Trachtenberg |
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Title: General Counsel, Chief Compliance Officer & Corporate Secretary |
