Company: KAVL
Filing Date: 2025-08-04
Form Type: S-3/A
Source: 0001731122-25-001067
Chunk: 38

Company: Kaival Brands Innovations Group, Inc.
Filing Date: 2025-08-04
Form: S-3/A
Chunk 38
---
 of the form of indenture as an exhibit to the registration statement in which this prospectus is included. The indenture
will be subject to and governed by the terms of the Trust Indenture Act of 1939.

Unless otherwise specified in the applicable prospectus
supplement, the debt securities will represent direct, unsecured obligations of our company and will rank equally with all of our other
unsecured indebtedness.

The following statements relating to the debt securities
and the indenture are summaries, qualified in their entirety to the detailed provisions of the indenture.

General

We may issue the debt securities in one or more series
with the same or various maturities, at par, at a premium, or at a discount. We will describe the particular terms of each series of debt
securities in a prospectus supplement relating to that series, which we will file with the SEC.

The prospectus supplement will set forth, to the extent
required, the following terms of the debt securities in respect of which the prospectus supplement is delivered:

| ● | the                  
 title of the series; |

| ● | the                         
 aggregate principal amount; |

| ● | the                                                                                                        
 issue price or prices, expressed as a percentage of the aggregate principal amount of the debt securities; |

| ● | any                                      
 limit on the aggregate principal amount; |

| ● | the                                          
 date or dates on which principal is payable; |

| ● | the                                                                                                                         
 interest rate or rates (which may be fixed or variable) or, if applicable, the method used to determine such rate or rates; |

| ● | the                                                                                                              
 date or dates from which interest, if any, will be payable and any regular record date for the interest payable; |

| ● | the                                                                                   
 place or places where principal and, if applicable, premium and interest, is payable; |

| ● | the                                                                                                                 
 terms and conditions upon which we may, or the holders may require us to, redeem or repurchase the debt securities; |

| ● | the                                                                                                                                  
 denominations in which such debt securities may be issuable, if other than denominations of $1,000, or any integral multiple of that 
 number;                                                                                                                              |

| ● | whether                                                                                                                           
 the debt securities are to be issuable in the form of certificated debt securities (as described below) or global debt securities 
 (as described below);                                                                                                             |

| ● | the                                                                                                                                
 portion of principal amount that will be payable upon declaration