Kaival Brands grants 100,000 stock options to Interim CFO Mark Thoenes at $2.45 strike

Kaival Brands Innovations Group, Inc.

Grant of 100,000 stock options to Interim CFO Mark Thoenes with exercise price of $2.45 per share.
50,000 options vested immediately; remaining 50,000 vest on the one-year anniversary of grant date.
Options are issued under the 2020 Stock and Incentive Compensation Plan with a ten-year term.

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