Current Report Filing (8-k)
August 25 2022 - 9:01AM
Edgar (US Regulatory)
0001762239
false
0001762239
2022-08-25
2022-08-25
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): August 25, 2022
Kaival
Brands Innovations Group, Inc. |
(Exact
name of registrant as specified in charter) |
Delaware |
|
000-56016 |
|
83-3492907 |
(State or other Jurisdiction
of
Incorporation or Organization) |
|
(Commission File Number) |
|
(IRS Employer
Identification No.) |
4460
Old Dixie Highway
Grant, Florida 32949 |
|
33181 |
(Address of Principal Executive
Offices) |
|
(zip code) |
(833) 452-4825 |
(Registrant’s telephone
number, including area code) |
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of registrant under any
of the following provisions:
☐ |
Written communications pursuant to Rule 425 under the
Securities Act (17 CFR 230.425) |
☐ |
Soliciting material pursuant to Rule 14a-12(b) under
the Exchange Act (17 CFR 240.14a-12(b)) |
☐ |
Pre-commencement communications pursuant to Rule 14d-2(b)
under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ |
Pre-commencement communications pursuant to Rule 13e-4(c)
under the Exchange Act (17 CFR 240.13e-4(c) |
Securities registered
pursuant to Section 12(b) of the Act:
Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
Common Stock, par value
$0.001 per share |
|
KAVL |
|
The Nasdaq Stock Market
LLC |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405)
or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging
growth company ☒
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
On August 25, 2022, Kaival
Brands Innovations Group, Inc. (the “Company”) announced that, on August 23, 2022, the U.S. Court of Appeals for the
Eleventh Circuit ruled 2-1 in favor Bidi Vapor, LLC (“Bidi Vapor”) (for whom the Company acts as exclusive U.S. distributor),
granting Bidi Vapor’s petition for review, and setting aside and remanding as arbitrary and capricious the U.S. Food and Drug Administration’s
order denying the Premarket Tobacco Product Applications for the non-tobacco flavored BIDI® Sticks produced by Bidi Vapor.
On August 25, 2022, the Company
issued a press release announcing the Court’s decision and explaining the impact of the decision on the Company. Such press release
has been filed as Exhibit 99.1 to this Current Report on Form 8-K.
Item 9.01 |
Financial Statements and Exhibits. |
(d) Exhibits.
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 hereunto
duly authorized.
Date: August 25, 2022 |
Kaival Brands Innovations Group, Inc. |
|
By: |
/s/ Eric Mosser |
|
|
Eric Mosser |
|
|
President and Chief Operating Officer |
Kaival Brands Innovations (NASDAQ:KAVL)
Historical Stock Chart
From Aug 2024 to Sep 2024
Kaival Brands Innovations (NASDAQ:KAVL)
Historical Stock Chart
From Sep 2023 to Sep 2024