secwatch.observer — SEC 8-K summary
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Issuer:     Kaival Brands Innovations Group, Inc. (KAVL)
CIK:        0001762239
Form:       8-K
Filed at:   2022-03-03T23:59:59+00:00
Accession:  0001731122-22-000355
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1762239/000173112222000355/0001731122-22-000355-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1762239/000173112222000355/e3565_8-k.htm
  HTML page:      https://secwatch.observer/filing/0001731122-22-000355

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer