Company: KAVL
Filing Date: 2025-08-18
Form Type: 424B5
Source: 0001731122-25-001141
Chunk: 53

Company: Kaival Brands Innovations Group, Inc.
Filing Date: 2025-08-18
Form: 424B5
Chunk 53
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 contained in this
prospectus, together with the applicable prospectus supplements, summarize the material terms and provisions of the various types of securities
that we may offer. We will describe in the applicable prospectus supplement relating to any securities the particular terms of the securities
offered by that prospectus supplement. If we so indicate in the applicable prospectus supplement, the terms of the securities may differ
from the terms we have summarized below. We will also include in the prospectus supplement information, where applicable, about material
U.S. federal income tax considerations relating to the securities, and the securities exchange, if any, on which the securities will be
listed.

We may sell from time to time common stock, preferred
stock, debt securities, warrants to purchase any such securities or any combination of the foregoing.

In this prospectus, we refer to the common stock,
preferred stock, debt securities and warrants to be sold by us collectively as “securities.”

If we issue debt securities at a discount from their
original stated principal amount, then we will use the issue price, and not the principal amount, of such debt securities for purposes
of calculating the total dollar amount of all securities issued under this prospectus.

This prospectus may not be used to consummate a sale
of securities unless it is accompanied by a prospectus supplement.

<div align='center'>14

DESCRIPTION OF COMMON STOCK</div>

General

We are authorized to issue up to 1,000,000,000 shares of common stock, par
value $0.001 per share, with 11,542,302 shares issued and outstanding as of the date of this prospectus.

Each share of our common stock has the same relative
rights and is identical in all respects with each other share of common stock.

The holders of our common stock are entitled to the
following rights:

Voting Rights

Each share of our common stock entitles its holder
to one vote per share on all matters to be voted or consented upon by the stockholders. Holders of our common stock are not entitled to
cumulative voting rights with respect to the election of directors.

Election of Directors

The holders of our common stock, voting as a separate
class, shall be entitled to elect one member of our Board of Directors.

Dividend Rights

Subject to limitations under Delaware law and preferences
that may apply to any shares of preferred stock that we may decide to issue in the future, holders of our common stock are entitled to
receive ratab