---
schema_version: "secwatch.filing_event.v1"
accession: "0001731122-22-001986"
form_type: "8-K"
ticker: "KAVL"
cik: "0001762239"
company_name: "Kaival Brands Innovations Group, Inc."
filed_at: "2022-11-15T23:59:59+00:00"
generated_at: "2026-06-21T18:43:08.231179+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Kaival Brands extends marketing deal; cuts monthly fee to $125K, grants options

## Summary
- Three-year extension through Oct 2025 with automatic renewals; QuikfillRx rebranded as Kaival Marketing Services.
- Monthly cash fee reduced from $150K to $125K; one-time vested option for 250K shares at $0.9869.
- Performance-based options for up to 3M shares vesting on net revenue/profit margins; max vesting at $180M revenue.
- Company cites Bidi Vapor merits case win as catalyst for anticipated sales increase and prepares for growth.

## SEC filing metadata
- accession: 0001731122-22-001986
- form_type: 8-K
- ticker: KAVL
- cik: 0001762239
- company_name: Kaival Brands Innovations Group, Inc.
- filed_at: 2022-11-15T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1762239/000173112222001986/0001731122-22-001986-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1762239/000173112222001986/e4234_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001731122-22-001986
- JSON: https://secwatch.observer/filing/0001731122-22-001986.json
- Plain text: https://secwatch.observer/filing/0001731122-22-001986.txt

## Key facts
- Material Agreements
  Kaival Brands Innovations Group, Inc. amended Fourth Amendment to Service Agreement with QuikfillRx, LLC (effective 2022-11-09).
  - Action: amendment
  - Counterparty: QuikfillRx, LLC
  - Effective: 2022-11-09
  source text: On November 9, 2022, Kai val Brands Innovations Group, Inc., a Delaware corporation (the “Company”), entered into a Fourth Amendment to Service Agreement (the “Amendment”) with QuikfillRx, LLC (“QuikfillRx”), the third party vendor responsible for executing the Company’s marketing and sales strategies.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1762239/000173112222001986/0001731122-22-001986-index.htm

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