Kaival Brands InnovationsNASDAQ: KAVL

GRANT-VALKARIA, Fla., June 24, 2024 (GLOBE NEWSWIRE) -- Kaival Brands Innovations Group, Inc., (NASDAQ: KAVL) (“Kaival Brands”, the “Company”), the exclusive U.S. distributor of all products manufactured by Bidi Vapor, LLC ("Bidi Vapor"), today announced the closing of its previously announced public offering of 3,921,500 units at a public offering price of $1.53 per unit (the “Offering”). Each unit consisted of one share of common stock (or one pre-funded warrant to purchase one share of common stock in lieu thereof) and one and one-half common warrants to purchase one and one-half shares of common stock. The common warrants have an exercise price of $1.53 per share, are exercisable immediately and expire five years following the date of issuance. Gross proceeds from the Offering, before deducting the placement agent's fees and other offering expenses, were approximately $6.0 million.

GRANT-VALKARIA, Fla., June 21, 2024 (GLOBE NEWSWIRE) -- Kaival Brands Innovations Group, Inc., (NASDAQ: KAVL) (“Kaival Brands”, the “Company”), the exclusive U.S. distributor of all products manufactured by Bidi Vapor, LLC ("Bidi Vapor"), today announced the pricing of a public offering of 3,921,500 units at a public offering price of $1.53 per unit (the “Offering”). Each unit consists of one share of common stock (or one pre-funded warrant to purchase one share of common stock in lieu thereof) and one and one-half common warrants to purchase one and one-half shares of common stock. The common warrants will have an exercise price of $1.53 per share, are exercisable immediately and will expire five years following the date of issuance. Gross proceeds from the Offering, before deducting the placement agent's fees and other offering expenses, are expected to be approximately $6.0 million.

Kaival Brands (NASDAQ: KAVL ) stock is rocketing higher on Friday alongside heavy trading of the electronic nicotine delivery system company's shares. This has more than 49 million shares of KAVL stock changing hands as of this writing.

Kaival Brands (NASDAQ: KAVL) is one of the top gainers in today's market, with shares of the relatively unknown vape pen manufacturer surging over 140% and continuing to rise.

Kaival Brands Innovations (NASDAQ: KAVL ) stock is rocketing higher on Thursday alongside heavy pre-market trading of the nicotine company's shares. Early morning trading on Thursday has more than 5.7 million shares of KAVL stock changing hands.

GRANT-VALKARIA, Fla., Sept. 12, 2023 (GLOBE NEWSWIRE) -- Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) ("Kaival Brands," the "Company," or "we"), the exclusive U.S. distributor of all products manufactured by Bidi Vapor, LLC ("Bidi Vapor"), which are intended for adults 21 and over, announced today that Stephen Sheriff, Chief Operating Officer, will be presenting at the LD Micro Main Event XVI.