Controlling stockholder adopts 10b5-1 plan to sell up to 6M shares

Kaival Brands Innovations Group, Inc.

Kaival Holdings, LLC (owned by Nirajkumar Patel and Eric Mosser) adopted a Rule 10b5-1 trading plan on June 27, 2022.
Plan permits sale of up to 6,000,000 shares on open market at prevailing prices subject to minimum price thresholds.
Sales will be reported to the SEC; company does not commit to disclose future plan adoptions or modifications.
Plan allows gradual diversification to reduce market impact and avoid insider trading concerns.

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