Company: KAVL
Filing Date: 2025-08-18
Form Type: 424B5
Source: 0001731122-25-001141
Chunk: 61

Company: Kaival Brands Innovations Group, Inc.
Filing Date: 2025-08-18
Form: 424B5
Chunk 61
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 evidencing a successor agent’s acceptance of appointment with respect to any securities; |

| ● | adding to our covenants for the benefit of securityholders or surrendering any right or power we have under the agreement; |

| ● | issuing warrants in definitive form, if such securities are initially issued in the form of global securities; or |

| ● | amending the agreement and the warrants as we deem necessary or desirable and that will not adversely affect the interests of the applicable warrant holders in any material respect. |

We and any agent for any series of warrants may also
amend any agreement and the related warrants by a supplemental agreement with the consent of the holders of a majority of the warrants
of any series affected by such amendment, for the purpose of adding, modifying, or eliminating any of the agreement’s provisions
or of modifying the rights of the holders of warrants. However, no such amendment that:

| ● | reduces the number or amount of securities receivable upon any exercise of any such security; |

| ● | shortens the time period during which any such security may be exercised; |

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| ● | otherwise adversely affects the exercise rights of warrant holders in any material respect; or |

| ● | reduces the number of securities the consent of holders of which is required for amending the agreement or the related warrants; |

may be made without the consent of each holder affected
by that amendment.

Consolidation, Merger, and Sale of Assets

Unless otherwise provided in the applicable prospectus
supplement, the following provisions will apply to any warrants we issue pursuant to this prospectus. Any agreement with respect to warrants
will provide that we are generally permitted to merge or consolidate with another corporation or other entity. Any such agreement will
also provide that we are permitted to sell our assets substantially as an entirety to another corporation or other entity or to have another
entity sell its assets substantially as an entirety to us. With regard to any series of warrants, however, we may not take any of these
actions unless all of the following conditions are met:

| ● | if we are not the successor entity, the person formed by the consolidation or into or with which we merge or the person to which our properties and assets are conveyed, transferred or leased must be an entity organized and existing under the laws of the United States, any state, or the District of Columbia and must expressly assume the performance of our covenants under any relevant indenture, agreement, or other instrument;