Company: KAVL
Filing Date: 2025-08-18
Form Type: 8-K
Source: 0001731122-25-001143
Chunk: 1

Company: Kaival Brands Innovations Group, Inc.
Filing Date: 2025-08-18
Form: 8-K
Item: Item 1.01
Chunk 1
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 the Agreement, Maxim may sell the shares by methods deemed to be an “at the market offering” as defined
in Rule 415(a)(4) promulgated under the Securities Act. Maxim will use commercially reasonable efforts in conducting such sales activities
consistent with its normal trading and sales practices, and applicable state and federal laws. The Agreement will terminate on the earliest
to occur of (i) the sale of all of the shares of Common Stock subject to the Agreement, (ii) the termination of the Agreement by the Company
upon 15 days’ written notice to Maxim or by Maxim upon 15 days’ written notice to the Company or (iii) on August 15, 2026.

The Agreement provides that
Maxim will be entitled to compensation for its services of 3.5% of the gross sales price of all shares of Common Stock sold through Maxim
under the Agreement. The Company has no obligation to sell any shares under the Agreement, and may at any time suspend salesunder the
Agreement. The Agreement contains customary representations, warranties and agreements by the Company and indemnification obligations
of the Company.. The Company will also reimburse Maxim for certain specified expenses in connection with its services under the Agreement.

The foregoing description of the Agreement is not
complete and is qualified in its entirety by reference to the full text of such agreement, a copy of which is filed herewith as Exhibit
1.1 to this Current Report on Form 8-K and is incorporated herein by reference.

A copy of the legal opinion
and consent of Sichenzia Ross Ference Carmel LLPrelating to the legality of the shares
of Common Stock that may be issued pursuant to the Agreement is attached as Exhibit 5.1 to
this Current Report on Form 8-K.

This Current Report on Form 8-K shall not constitute
an offer to sell or the solicitation of an offer to buy the securities discussed herein, nor shall there be any sale of such securities
in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under
the securities laws of any such state or jurisdiction.

Item 9.01. Financial Statements and Exhibits.