Kaival Brands Innovations Group, Inc. (KAVL): Nasdaq/NYSE listing notice — Kaival Brands regains Nasdaq compliance after reverse stock split; delisting cancelled

Kaival Brands Innovations Group, Inc.

Received delisting notice on Feb 2 after failing to meet Jan 29 deadline for Bid Price Rule.
Effected 1-for-21 reverse stock split on Jan 22, 2024 to address bid price deficiency.
Common stock closed above $1.00 for 10 consecutive trading days as of Feb 7, 2024.
Nasdaq notified company on Feb 8 that compliance regained; delisting proceedings are cancelled.
Ticker KAVL will continue trading on Nasdaq subject to ongoing listing rules compliance.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Kaival Brands Innovations Group, Inc. received a nasdaq compliance regained notice regarding minimum bid price (rules 5550(a)(2)).

Exchange: nasdaq
Notice: compliance regained
Deficiency: minimum bid price
Rules: 5550(a)(2)

Exact text from the filing

February 8, 2024, the Company received written notice from Nasdaq stating that the Company has regained compliance with the Bid Price Rule and the matter is now closed. The Common Stock will continue to trade on Nasdaq, subject to the Company’s compliance with Nasdaq’s listing rules. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Dated: February 8, 2024 Kaival Brands Innovations Group, Inc. By: /s/ Barry M. Hopkins Barry M. Hopkins Executive Chair

View on SEC.gov

8 listing & compliance notices filed in the last 30 days. Browse all listing & compliance notices →

Kaival Brands Innovations Group, Inc. filing history →

Source: SEC EDGAR

accession 0001731122-24-000221

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.