Kaival Brands appoints new independent director and interim CFO; confirms Nasdaq uplisting target in August

Kaival Brands Innovations Group, Inc.

Appointed George Chuang as independent director; compensation: $25k/qtr year 1, $12.5k/qtr year 2, plus 300K-share option at $0.7599.
CFO Nirajkumar Patel resigned as CFO but remains CEO and director; Mark Thoenes appointed interim CFO at $130/hr, contract through Dec 2021.
Company confirms desire to uplist to Nasdaq in August 2021.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed (interim)

Mark Thoenes

Chief Financial Officer

KAVL · Kaival Brands Innovations Group, Inc.

Effective: 2021-06-30
Filed: July 1, 2021, 7:59 PM ET

Effective as of June 30, 2021, the Board appointed Mark Thoenes to serve as our Interim Chief Financial Officer

Departed

Nirajkumar Patel

Chief Financial Officer

KAVL · Kaival Brands Innovations Group, Inc.

Effective: 2021-06-30
Successor: Mark Thoenes
Filed: July 1, 2021, 7:59 PM ET

Effective as of June 30, 2021, Mr. Nirajkumar Patel has resigned as our Chief Financial Officer.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Mark Thoenes was appointed as Chief Financial Officer at Kaival Brands Innovations Group, Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

Effective as of June 30, 2021, the Board appointed Mark Thoenes to serve as our Interim Chief Financial Officer

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Nirajkumar Patel resigned as Chief Financial Officer at Kaival Brands Innovations Group, Inc..

Action: resigned
Role: Chief Financial Officer

Exact text from the filing

Effective as of June 30, 2021, Mr. Nirajkumar Patel has resigned as our Chief Financial Officer.

View on SEC.gov

Kaival Brands Innovations Group, Inc. filing history →

Source: SEC EDGAR

accession 0001731122-21-001119

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