Notification That Quarterly Report Will Be Submitted Late (nt 10-q)
June 14 2022 - 05:00PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION
Washington,
D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
(Check
one:) |
☐
Form 10-K ☐ Form 20-F ☐ Form 11-K ☒ Form 10-Q ☐ Form 10-D ☐ Form N-CEN ☐ Form N-CSR |
|
|
For
Period Ended: April 30, 2022 |
|
|
☐ Transition
Report on Form 10-K |
|
|
☐
Transition Report on Form 20-F |
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|
☐
Transition Report on Form 11-K |
|
|
☐ Transition
Report on Form 10-Q |
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For
the Transition Period Ended: __________________________________ |
Read Instruction (on back page) Before Preparing
Form. Please Print or Type.
Nothing in this form shall be construed to imply that the Commission
has verified any information contained herein.
If the notification relates to a portion of the filing
checked above, identify the Item(s) to which the notification relates:
PART I - REGISTRANT INFORMATION
Kaival Brands Innovations Group, Inc. |
Full Name of Registrant |
|
Former Name if Applicable |
4460 Old Dixie Highway |
Address of Principal Executive Office ( Street and Number) |
Grant, Florida 32949 |
City, State and Zip Code |
PART II - RULES 12b-25(b) AND (c)
If the subject report could not be filed without unreasonable effort or
expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate)
☒ |
|
(a) |
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The
reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense; |
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(b) |
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The
subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-SAR or Form N-CSR, or portion
thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report
or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the
fifth calendar day following the prescribed due date; and |
|
(c) |
|
The
accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable. |
PART III – NARRATIVE
State below in reasonable
detail why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-SAR, N-CSR, or the transition report or portion thereof, could not be filed within the
prescribed time period.
Registrant
entered into a licensing agreement and related agreements, on or about June 13, 2022. The negotiation of the licensing agreement and
related agreements diverted management’s attention from being able to finalize the financial results of Registrant’s three
and six months ended April 30, 2022, given the limited size and scope of Registrant’s operations and accounting staff. Accordingly,
the information could not be assembled and analyzed without unreasonable effort and expense to the Registrant. The Quarterly Report on
Form 10-Q will be filed as soon as practicable and within the extension period.
PART IV -
OTHER INFORMATION
(1) |
Name
and telephone number of person to contact in regard to this notification |
Nirajkumar
Patel |
|
833 |
|
452-4825 |
(Name) |
|
(Area
Code) |
|
(Telephone
Number) |
(2) |
Have
all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment
Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s)
been filed? If answer is no, identify report(s). ☒ Yes ☐ No |
(3) |
Is
it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be
reflected by the earnings statements to be included in the subject report or portion thereof?
☐
Yes ☒ No |
If
so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why
a reasonable estimate of the results cannot be made.
Kaival Brands Innovations Group, Inc.
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.
Date:
June 14, 2022 |
By
|
/s/
Nirajkumar Patel |
|
Name: |
Nirajkumar
Patel |
|
Title: |
Chief
Executive Officer |
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