{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-07-13T10:53:14.455142+00:00","company":{"ticker":"KAVL","cik":1762239,"company_name":"Kaival Brands Innovations Group, Inc."},"pagination":{"limit":100,"returned":53,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer","counterparties":{"contract_counterparty":[{"display_name":"AJB Capital Investments, LLC","detail":"equity_purchase","count":2,"first_seen":"2023-08-15T23:59:59+00:00","last_seen":"2023-12-05T23:59:59+00:00","evidence_fact_ids":[90160,119063]},{"display_name":"Philip Morris Products S.A.","detail":"license","count":1,"first_seen":"2023-08-17T23:59:59+00:00","last_seen":"2023-08-17T23:59:59+00:00","evidence_fact_ids":[118415]},{"display_name":"QuikfillRx, LLC","detail":"other","count":1,"first_seen":"2022-11-15T23:59:59+00:00","last_seen":"2022-11-15T23:59:59+00:00","evidence_fact_ids":[196308]}],"lender":[{"display_name":"Clearview Funding Solutions LLC","detail":"other","count":2,"first_seen":"2023-08-15T23:59:59+00:00","last_seen":"2023-12-05T23:59:59+00:00","evidence_fact_ids":[90162,119070]},{"display_name":"Mr. Advance LLC","detail":"other","count":2,"first_seen":"2023-08-15T23:59:59+00:00","last_seen":"2023-12-05T23:59:59+00:00","evidence_fact_ids":[90163,119071]},{"display_name":"AJB Capital Investments, LLC","detail":"loan","count":1,"first_seen":"2023-08-15T23:59:59+00:00","last_seen":"2023-08-15T23:59:59+00:00","evidence_fact_ids":[119069]}]},"facts":[{"fact_type":"governance_change","fact_key":"f8b7791083fcbcec1dfc9009f2033c64dfffb7b7","cik":1762239,"ticker":"KAVL","company_name":"Kaival Brands Innovations Group, Inc.","filed_at":"2026-02-05T23:59:59+00:00","payload":{"change_type":"bylaw_amendment","effective_date":"2026-02-05","item_codes_triggered":["5.03"],"summary_text":"Amended Article II, Section 1 to change the director range to not less than one nor more than five; added new Section 12 on advance notice procedures for stockholder director nominations; added new Section 13 granting board authority to approve asset sales without stockholder approval unless require"},"claim":"Kaival Brands Innovations Group, Inc.: Amended Article II, Section 1 to change the director range to not less than one nor more than five; added new Section 12 on advance notice procedures for stockholder director nominations; added new Section 13 granting board authority to approve asset sales without stockholder approval unless require (effective 2026-02-05).","evidence_excerpt":"Amendments to the Company’s Bylaws as follows: ● Article II, Section 1 is amended to read: “The number of directors shall be not less than one (1) nor more than five (5); provided, however, that the number of directors shall not be reduced so as to shorten the tenure of any director at the time in office.” ● A new Article II, Section 12 is added as follows: “Nominations of persons for election to the board of directors may be made at any annual meeting of stockholders, or at any special meeting of stockholders called for the purpose of electing directors, (a) by or at the direction of the board of directors (or any duly authorized committee thereof) or (b) by any stockholder of the Corporation (i) who is a stockholder of record on the date of the giving of the notice provided for in this Section 2.11 and on the record date for the determination of stockholders entitled to vote at such meeting and (ii) who complies with the notice procedures set forth in this Section 2.11. In addition t","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001731122-26-000181","anchor_url":"https://secwatch.observer/filing/0001731122-26-000181#claim-f8b7791083fcbcec1dfc9009f2033c64dfffb7b7","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1762239/000173112226000181/0001731122-26-000181-index.htm"},{"fact_type":"exchange_compliance_notice","fact_key":"ae5dfbd49e4400c13fd2f6ddc3bb7842c92d5e98","cik":1762239,"ticker":"KAVL","company_name":"Kaival Brands Innovations Group, Inc.","filed_at":"2025-11-17T23:59:59+00:00","payload":{"company_response":"timely appeal the Staff's determination","compliance_status":"hearing_requested","cure_deadline":null,"deficiency_type":"other","delisting_effective_date":null,"exchange":"nasdaq","hearing_date":null,"immediate_listing_effect":null,"minimum_requirement":null,"notice_date":"2025-11-10","notice_type":"delisting_notice","plan_due_date":null,"raw_rule_text":"public shell determination under continued listing rules","reported_value":null,"rule_numbers":[],"rules_cited_in_text":false},"claim":"Kaival Brands Innovations Group, Inc. received a nasdaq delisting notice notice regarding other.","evidence_excerpt":"November 10, 2025, the Company received a letter\n(the “Notice”) from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”)\nthat stated the Staff’s belief that the Company is a public shell” and the continued listing of its securities is no longer\nwarranted. In the Notice, the Staff explained that it based this belief on its review of the Company’s public disclosures and materials\nsubmitted to the Staff by the Company. The Staff further stated that such belief is supported by the Company’s lack of revenue generating\nassets and the substantial reduction in","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001731122-25-001551","anchor_url":"https://secwatch.observer/filing/0001731122-25-001551#claim-ae5dfbd49e4400c13fd2f6ddc3bb7842c92d5e98","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1762239/000173112225001551/0001731122-25-001551-index.htm"},{"fact_type":"exchange_compliance_notice","fact_key":"cb7fd7b2134df92d76ba41598b389675d955ae08","cik":1762239,"ticker":"KAVL","company_name":"Kaival Brands Innovations Group, Inc.","filed_at":"2025-10-03T23:59:59+00:00","payload":{"company_response":null,"compliance_status":"extension_granted","cure_deadline":null,"deficiency_type":"minimum_bid_price","delisting_effective_date":null,"exchange":"nasdaq","hearing_date":null,"immediate_listing_effect":null,"minimum_requirement":null,"notice_date":"2025-10-02","notice_type":"extension_granted","plan_due_date":null,"raw_rule_text":null,"reported_value":null,"rule_numbers":["5550(a)(2)"],"rules_cited_in_text":true},"claim":"Kaival Brands Innovations Group, Inc. received a nasdaq extension granted notice regarding minimum bid price (rules 5550(a)(2)).","evidence_excerpt":"October 2, 2025, the Company received a second\nletter from Nasdaq granting the Company’s request for a 180-day extension to regain compliance with the Bid Price Rule. The Company\nnow has until March 30, 2026, to meet the requirement. As part of the Company’s request for the 180-day extension, the Company notified\nNasdaq that it intends to regain compliance with the Bid Price Rule by effecting a reverse stock split, if necessary. If at any time prior\nto March 30, 2026, the bid price of the Company’s common stock closes at $1 per share or more for a minimum of 10 consecutive business\ndays, the C","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0001731122-25-001353","anchor_url":"https://secwatch.observer/filing/0001731122-25-001353#claim-cb7fd7b2134df92d76ba41598b389675d955ae08","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1762239/000173112225001353/0001731122-25-001353-index.htm"},{"fact_type":"exchange_compliance_notice","fact_key":"ef06ee89b99452fd702afa0ca970d55f629f8502","cik":1762239,"ticker":"KAVL","company_name":"Kaival Brands Innovations Group, Inc.","filed_at":"2025-04-04T23:59:59+00:00","payload":{"company_response":null,"compliance_status":"deficient","cure_deadline":"2025-09-30","deficiency_type":"minimum_bid_price","delisting_effective_date":null,"exchange":"nasdaq","hearing_date":null,"immediate_listing_effect":false,"minimum_requirement":"$1.00 per share","notice_date":"2025-04-03","notice_type":"deficiency_notice","plan_due_date":null,"raw_rule_text":"Nasdaq Listing Rule 5550(a)(2) and 5810(c)(3)(A)","reported_value":null,"rule_numbers":["5550(a)(2)","5810(c)(3)(A)"],"rules_cited_in_text":true},"claim":"Kaival Brands Innovations Group, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).","evidence_excerpt":"April 3, 2025, Kaival Brands Innovations Group,\nInc. (the “Company”) received notification from The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that\nit is not in compliance with the requirement to maintain a minimum closing bid price of $1.00 per share, as set forth in Nasdaq Listing\nRule 5550(a)(2), because the closing bid price of the Company’s common stock (the “Common Stock”) was below $1.00 per\nshare for 30 consecutive business days. The notification does not impact the listing of the Company’s Common Stock on The Nasdaq\nCapital Market at this time. In accordance with Nasdaq","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001731122-25-000538","anchor_url":"https://secwatch.observer/filing/0001731122-25-000538#claim-ef06ee89b99452fd702afa0ca970d55f629f8502","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1762239/000173112225000538/0001731122-25-000538-index.htm"},{"fact_type":"executive_change","fact_key":"b59f44898f","cik":1762239,"ticker":"KAVL","company_name":"Kaival Brands Innovations Group, Inc.","filed_at":"2024-09-12T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2024-09-12","interim":true,"role":"Chief Executive Officer","role_category":"ceo","successor_name":null,"successor_named":false},"claim":"Mark Thoenes was appointed as Chief Executive Officer at Kaival Brands Innovations Group, Inc..","evidence_excerpt":"appointed Mark Thoenes as interim chief executive officer of the Company, effective immediately.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001731122-24-001383","anchor_url":"https://secwatch.observer/filing/0001731122-24-001383#claim-b59f44898f","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1762239/000173112224001383/0001731122-24-001383-index.htm"},{"fact_type":"executive_change","fact_key":"5b86eb9d2b","cik":1762239,"ticker":"KAVL","company_name":"Kaival Brands Innovations Group, Inc.","filed_at":"2024-09-12T23:59:59+00:00","payload":{"action":"passed away","action_category":"departure","departure_tone":"abrupt","effective_date":"2024-09-07","interim":false,"role":"Chief Executive Officer","role_category":"ceo","successor_name":"Mark Thoenes","successor_named":true},"claim":"Nirajkumar Patel departed as Chief Executive Officer at Kaival Brands Innovations Group, Inc..","evidence_excerpt":"Mr. Nirajkumar Patel who unexpectedly passed away on September 7, 2024.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001731122-24-001383","anchor_url":"https://secwatch.observer/filing/0001731122-24-001383#claim-5b86eb9d2b","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1762239/000173112224001383/0001731122-24-001383-index.htm"},{"fact_type":"exchange_compliance_notice","fact_key":"4c493ebce19b637b2cec30b733edf864cbaff325","cik":1762239,"ticker":"KAVL","company_name":"Kaival Brands Innovations Group, Inc.","filed_at":"2024-05-03T23:59:59+00:00","payload":{"company_response":null,"compliance_status":"hearing_requested","cure_deadline":null,"deficiency_type":"other","delisting_effective_date":null,"exchange":"nasdaq","hearing_date":null,"immediate_listing_effect":null,"minimum_requirement":null,"notice_date":"2024-04-30","notice_type":"deficiency_notice","plan_due_date":null,"raw_rule_text":null,"reported_value":null,"rule_numbers":["5620(a)"],"rules_cited_in_text":true},"claim":"Kaival Brands Innovations Group, Inc. received a nasdaq deficiency notice notice regarding other (rules 5620(a)).","evidence_excerpt":"April 30, 2024, Kaival Brands Innovations Group,\nInc (the “Company”) received a notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq\nStock Market (“Nasdaq”) notifying the Company that the date of April 29, 2024 provided by Nasdaq for the Company to hold an\nannual meeting to regain compliance with Nasdaq Listing Rule 5620(a) lapsed without the Company holding its annual meeting. The Notice further stated\nunless the Company requests an appeal of the above determination by May 7, 2024, Nasdaq has determined that the Company’s securities\nwill be scheduled for delisting fr","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001731122-24-000726","anchor_url":"https://secwatch.observer/filing/0001731122-24-000726#claim-4c493ebce19b637b2cec30b733edf864cbaff325","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1762239/000173112224000726/0001731122-24-000726-index.htm"},{"fact_type":"executive_change","fact_key":"568cbc8059","cik":1762239,"ticker":"KAVL","company_name":"Kaival Brands Innovations Group, Inc.","filed_at":"2024-04-25T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2024-04-23","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Ketankumar Patel was appointed as Director at Kaival Brands Innovations Group, Inc..","evidence_excerpt":"On April 23, 2024, Ketankumar Patel was appointed to the Board of Directors of the Company.","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0001731122-24-000687","anchor_url":"https://secwatch.observer/filing/0001731122-24-000687#claim-568cbc8059","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1762239/000173112224000687/0001731122-24-000687-index.htm"},{"fact_type":"executive_change","fact_key":"f3305e31ba","cik":1762239,"ticker":"KAVL","company_name":"Kaival Brands Innovations Group, Inc.","filed_at":"2024-04-25T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2024-04-23","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Ashesh Modi was appointed as Director at Kaival Brands Innovations Group, Inc..","evidence_excerpt":"On April 23, 2024, Ashesh Modi was appointed to the Board of Directors of the Company.","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0001731122-24-000687","anchor_url":"https://secwatch.observer/filing/0001731122-24-000687#claim-f3305e31ba","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1762239/000173112224000687/0001731122-24-000687-index.htm"},{"fact_type":"exchange_compliance_notice","fact_key":"a639327e8d2bb8bdaaf556f56cbf041f97e25112","cik":1762239,"ticker":"KAVL","company_name":"Kaival Brands Innovations Group, Inc.","filed_at":"2024-03-15T23:59:59+00:00","payload":{"company_response":null,"compliance_status":"deficient","cure_deadline":null,"deficiency_type":"board_independence","delisting_effective_date":null,"exchange":"nasdaq","hearing_date":null,"immediate_listing_effect":null,"minimum_requirement":null,"notice_date":"2024-03-13","notice_type":"deficiency_notice","plan_due_date":null,"raw_rule_text":null,"reported_value":null,"rule_numbers":[],"rules_cited_in_text":false},"claim":"Kaival Brands Innovations Group, Inc. received a nasdaq deficiency notice notice regarding board independence.","evidence_excerpt":"March 13, 2024, Kaival Brands Innovations Group,\nInc. (the “Company,” “we” or “us”), received a letter from the Listing Qualifications Department (the\n“Staff”) of The NASDAQ Stock Market (“Nasdaq”) notifying the Company that, as a result of the resignation of Mr.\nJohn Brooks and Mr. George Chuang as directors of the Company (as described in","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001731122-24-000433","anchor_url":"https://secwatch.observer/filing/0001731122-24-000433#claim-a639327e8d2bb8bdaaf556f56cbf041f97e25112","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1762239/000173112224000433/0001731122-24-000433-index.htm"},{"fact_type":"executive_change","fact_key":"684d88b61f","cik":1762239,"ticker":"KAVL","company_name":"Kaival Brands Innovations Group, Inc.","filed_at":"2024-03-13T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2024-03-07","interim":true,"role":"Interim Chief Financial 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the Chief Executive Officer of Kaival International Brands, LLC, a wholly owned subsidiary of the Company, as the Company’s President and Interim Chief Executive Officer, to serve in such capacity until a successor is duly appointed and approved by the Board.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001731122-24-000314","anchor_url":"https://secwatch.observer/filing/0001731122-24-000314#claim-07f31bda3c","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1762239/000173112224000314/0001731122-24-000314-index.htm"},{"fact_type":"executive_change","fact_key":"8ada8dd5df","cik":1762239,"ticker":"KAVL","company_name":"Kaival Brands Innovations Group, Inc.","filed_at":"2024-02-26T23:59:59+00:00","payload":{"action":"resigned","action_category":"departure","departure_tone":"routine","effective_date":"2024-02-26","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"George Chuang resigned as 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Group, Inc..","evidence_excerpt":"On February 22, 2024, Roger Brooks, a Director of the Company, provided written notice to the Company’s Board of his resignation, effectively immediately.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001731122-24-000314","anchor_url":"https://secwatch.observer/filing/0001731122-24-000314#claim-807cb88f34","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1762239/000173112224000314/0001731122-24-000314-index.htm"},{"fact_type":"executive_change","fact_key":"0dec5e7a75","cik":1762239,"ticker":"KAVL","company_name":"Kaival Brands Innovations Group, Inc.","filed_at":"2024-02-26T23:59:59+00:00","payload":{"action":"resigned","action_category":"departure","departure_tone":"routine","effective_date":"2024-02-22","interim":false,"role":"Chief Operating Officer","role_category":"coo","successor_name":null,"successor_named":false},"claim":"Stephen Sheriff resigned as Chief Operating Officer at Kaival Brands Innovations Group, 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Pursuant\nto the Clearview Agreement, the Company sold\nfuture receivables in the principal amount of $580,000 (the “Clearview Future Receivables”) to Clearview in a private transaction\nfor a purchase price of $400,000 (giving effect to original issue discount of $180,000). 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