Kaival Brands Innovations Group, Inc. (KAVL)

GRANT-VALKARIA, Fla., Jan. 10, 2025 (GLOBE NEWSWIRE) -- Kaival Brands Innovations Group, Inc.  (NASDAQ: KAVL), a Delaware corporation (“Kaival” or the “Company”) and the U.S. distributor of the Bidi® Stick and certain other products manufactured by Bidi Vapor, LLC (“Bidi Vapor”), and  Delta Corp Holdings Limited , a company incorporated in England and Wales (“Delta”) and a privately held holding company for global businesses engaged in Bulk & Energy logistics, fuel supply, commodities, and asset management, jointly announced the public filing of a registration statement on Form F-4 with the U.S. Securities and Exchange Commission (“SEC”) by Delta Corp Holdings Limited, a newly created holding company organized under the laws of the Cayman Islands (“Holdings” or “Pubco”).

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Kaival Brands Innovations Group, Inc. (the “Company”) (NasdaqCM: KAVL) and Delta Corp Holdings Limited. Pursuant to the terms of the agreement, shareholders of Kaival Brands will receive 1 ordinary share of a specially created holding company incorporated under the laws of the Cayman Islands, Delta Corp Hold.

GRANT-VALKARIA, Fla., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL), a Delaware corporation (“Kaival” or the “Company”) and the exclusive U.S. distributor of the Bidi® Stick and certain other products manufactured by Bidi Vapor, LLC (“Bidi Vapor”), and Delta Corp Holdings Limited , a company incorporated in England and Wales (“Delta”) and a privately held holding company for global businesses engaged in Bulk & Energy logistics, fuel supply, commodities, and asset management, today jointly announced the confidential submission with the U.S. Securities and Exchange Commission (“SEC”) of a draft registration statement on Form F-4 (“Registration Statement”) by Delta Corp Holdings Limited, a newly created holding company organized under the laws of the Cayman Islands (“Holdings” or “Pubco”).

MILWAUKEE--(BUSINESS WIRE)--Ademi LLP is investigating Kaival Brands (NASDAQ: KAVL) for possible breaches of fiduciary duty and other violations of law in its transaction with Delta. Click here to learn how to join our investigation or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you. In the transaction, Kaival Brands shareholders will receive approximately only $2.66 per share or, in the aggregate, $270 million in ordinary shares of the newly created holding com.

NEW YORK , Sept. 23, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) and its board of directors concerning the proposed acquisition of the company by Delta Corp Holdings Limited.

GRANT-VALKARIA, Fla., Sept. 23, 2024 (GLOBE NEWSWIRE) -- Kaival Brands Innovations Group, Inc., (NASDAQ: KAVL) (“Kaival Brands”, the “Company”), the exclusive U.S. distributor of  the Bidi® Stick and certain other products manufactured by Bidi Vapor, LLC ("Bidi Vapor"), and Delta Corp Holdings Limited (“Delta”), a privately held holding company for global businesses engaged in Bulk & Energy logistics, fuel supply, commodities, and asset management, announced today that the companies have entered into a definitive merger and share exchange agreement (the “definitive agreement”), whereby Kavial Brands and Delta will each become wholly owned subsidiaries of a specially created holding company incorporated under the laws of the Cayman Islands, Delta Corp Holdings Limited (“Pubco”). The closing of the transactions contemplated by the definitive agreement (the “business combination”) is subject to certain conditions, including, without limitation, the approval of the shareholders of Kaival Brands and the approval of the listing of the shares of Pubco on the Nasdaq Stock Market (“Nasdaq”). Delta shareholders will become the majority shareholders of Pubco as further detailed below.

GRANT-VALKARIA, Fla., June 24, 2024 (GLOBE NEWSWIRE) -- Kaival Brands Innovations Group, Inc., (NASDAQ: KAVL) (“Kaival Brands”, the “Company”), the exclusive U.S. distributor of all products manufactured by Bidi Vapor, LLC ("Bidi Vapor"), today announced the closing of its previously announced public offering of 3,921,500 units at a public offering price of $1.53 per unit (the “Offering”). Each unit consisted of one share of common stock (or one pre-funded warrant to purchase one share of common stock in lieu thereof) and one and one-half common warrants to purchase one and one-half shares of common stock. The common warrants have an exercise price of $1.53 per share, are exercisable immediately and expire five years following the date of issuance. Gross proceeds from the Offering, before deducting the placement agent's fees and other offering expenses, were approximately $6.0 million.

GRANT-VALKARIA, Fla., June 21, 2024 (GLOBE NEWSWIRE) -- Kaival Brands Innovations Group, Inc., (NASDAQ: KAVL) (“Kaival Brands”, the “Company”), the exclusive U.S. distributor of all products manufactured by Bidi Vapor, LLC ("Bidi Vapor"), today announced the pricing of a public offering of 3,921,500 units at a public offering price of $1.53 per unit (the “Offering”). Each unit consists of one share of common stock (or one pre-funded warrant to purchase one share of common stock in lieu thereof) and one and one-half common warrants to purchase one and one-half shares of common stock. The common warrants will have an exercise price of $1.53 per share, are exercisable immediately and will expire five years following the date of issuance. Gross proceeds from the Offering, before deducting the placement agent's fees and other offering expenses, are expected to be approximately $6.0 million.

Kaival Brands Innovations (NASDAQ: KAVL ) stock is falling on Monday after the electronic nicotine delivery system company's shares underwent a massive rally on Friday. Shares of KAVL stock rallied 338.2% on Friday without any clear news from the company.

Kaival Brands (NASDAQ: KAVL ) stock is rocketing higher on Friday alongside heavy trading of the electronic nicotine delivery system company's shares. This has more than 49 million shares of KAVL stock changing hands as of this writing.

Kaival Brands (NASDAQ: KAVL ) is among the biggest winners in today's market. Shares of this little-known maker of vape pens are soaring, with KAVL stock up more than 140% and climbing at the time of writing.

Heightens Focus on Valuable Patent Portfolio; Engages Investment Bank to Assist in Exploration of Strategic Alternatives for Parent Company Heightens Focus on Valuable Patent Portfolio; Engages Investment Bank to Assist in Exploration of Strategic Alternatives for Parent Company

Kaival Brands Innovations (NASDAQ: KAVL ) stock is rocketing higher on Thursday alongside heavy pre-market trading of the nicotine company's shares. Early morning trading on Thursday has more than 5.7 million shares of KAVL stock changing hands.

Senior leadership driving change by maximizing core opportunities, revamping internal processes, and pursuing platform diversification Senior leadership driving change by maximizing core opportunities, revamping internal processes, and pursuing platform diversification

MDO applies only to one Bidi device, ten other flavors still in PMTA process Kaival Brands remains focused on driving revenue and platform diversification GRANT-VALKARIA, Fla., Jan. 29, 2024 (GLOBE NEWSWIRE) -- Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) ("Kaival Brands," the "Company" or "we,” “our” or similar terms), a company focused on incubating and commercializing innovative products into mature and dominant brands, with a current focus on the distribution of electronic nicotine delivery systems (ENDS), which are intended for adults 21 and over, today announced that its licensor and commercial partner, Bidi Vapor LLC (Bidi Vapor), will appeal the U.S. Food and Drug Administration's (FDA) decision to deny Bidi Vapor's premarket tobacco product application (PMTA) for Bidi Vapor's “Classic” tobacco-flavored BIDI® Stick ENDS device.

1-for-21 reverse stock split to become effective as of the opening of trading on Thursday, January 25, 2024 1-for-21 reverse stock split to become effective as of the opening of trading on Thursday, January 25, 2024