{"schema_version":"secwatch.filing_event.v1","accession":"0001731122-24-001018","form_type":"8-K","ticker":"KAVL","cik":"0001762239","company_name":"Kaival Brands Innovations Group, Inc.","filed_at":"2024-06-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.955810+00:00","generated_at":"2026-06-01T02:14:10.881642+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Kaival Brands closes $6.0M public offering of units with warrants","bullets":["Aggregate gross proceeds of ~$6.0M from sale of 3,921,500 units at $1.53 per unit.","Each unit consists of one share (or pre-funded warrant) + 1.5 common warrants exercisable at $1.53 for 5 years.","Net proceeds to be used for general corporate purposes, working capital, and funding operations/expansion.","Maxim Group LLC acted as sole placement agent; offering closed June 24, 2024.","Exercise price of common warrants may reset lower after 30 days based on VWAP, floor $0.574."],"urls":{"canonical":"https://secwatch.observer/filing/0001731122-24-001018","json":"https://secwatch.observer/filing/0001731122-24-001018.json","markdown":"https://secwatch.observer/filing/0001731122-24-001018.md","text":"https://secwatch.observer/filing/0001731122-24-001018.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1762239/000173112224001018/0001731122-24-001018-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1762239/000173112224001018/e5768_8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T02:14:10.881642+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}