Company: KAVL
Filing Date: 2025-08-04
Form Type: S-3/A
Source: 0001731122-25-001067
Chunk: 34

Company: Kaival Brands Innovations Group, Inc.
Filing Date: 2025-08-04
Form: S-3/A
Chunk 34
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 and any related securities will be separately transferable; |

| ● | any securities exchange or quotation system on which the warrants or any securities deliverable upon exercise of such securities may be listed; |

| ● | the price or prices at which and currency or currencies in which the securities purchasable upon exercise of the warrants may be purchased; |

| ● | the date on which the right to exercise the warrants shall commence and the date on which such right shall expire; |

| ● | the minimum or maximum amount of warrants that may be exercised at any one time; |

| ● | whether the warrants will be issued in fully registered for or bearer form, in global or non-global form, or in any combination of these forms; |

| ● | information with respect to book-entry procedures, if any; |

| ● | a discussion of certain U.S. federal income tax considerations; and |

| ● | any other material terms of the warrants, including terms, procedures and limitations relating to the exchange and exercise of the warrants. |

Exercise of Warrants

Unless otherwise provided in the applicable prospectus
supplement, the following provisions will apply to any warrants we issue pursuant to this prospectus. If any warrant is exercisable for
other securities or other property, the following provisions will apply. Each such warrant may be exercised at any time up to any expiration
date and time mentioned in the prospectus supplement relating to those warrants. After the close of business on any applicable expiration
date, unexercised warrants will become void.

Warrants may be exercised by delivery of the certificate
representing the securities to be exercised, or in the case of global securities by delivery of an exercise notice for those warrants,
together with certain information, and payment to any agent in immediately available funds, as provided in the prospectus supplement,
of the required purchase amount, if any. Upon receipt of payment and the certificate or exercise notice properly executed at the office
indicated in the prospectus supplement, we will, in the time period the relevant agreement provides, issue and deliver the securities
or other property purchasable upon such exercise. If fewer than all of the warrants represented by such certificates are exercised, a
new certificate will be issued for the remaining amount of warrants.

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If mentioned in the prospectus supplement, securities
may be surrendered as all or part of the exercise price for warrants.

Antidilution Provisions

Unless otherwise provided in the applicable prospectus
supplement, the