---
schema_version: "secwatch.filing_event.v1"
accession: "0001731122-21-001119"
form_type: "8-K"
ticker: "KAVL"
cik: "0001762239"
company_name: "Kaival Brands Innovations Group, Inc."
filed_at: "2021-07-01T23:59:59+00:00"
generated_at: "2026-06-30T08:07:48.257322+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001731122-21-001119
- form_type: 8-K
- ticker: KAVL
- cik: 0001762239
- company_name: Kaival Brands Innovations Group, Inc.
- filed_at: 2021-07-01T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1762239/000173112221001119/0001731122-21-001119-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1762239/000173112221001119/e2888_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001731122-21-001119
- JSON: https://secwatch.observer/filing/0001731122-21-001119.json
- Plain text: https://secwatch.observer/filing/0001731122-21-001119.txt

## Key facts
- Executive change
  Mark Thoenes was appointed as Chief Financial Officer at Kaival Brands Innovations Group, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: Effective as of June 30, 2021, the Board appointed Mark Thoenes to serve as our Interim Chief Financial Officer
  evidence_url: https://www.sec.gov/Archives/edgar/data/1762239/000173112221001119/0001731122-21-001119-index.htm
- Executive change
  Nirajkumar Patel resigned as Chief Financial Officer at Kaival Brands Innovations Group, Inc..
  - Action: resigned
  - Role: Chief Financial Officer
  source text: Effective as of June 30, 2021, Mr. Nirajkumar Patel has resigned as our Chief Financial Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1762239/000173112221001119/0001731122-21-001119-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.