Company: KAVL
Filing Date: 2025-06-16
Form Type: S-3
Source: 0001731122-25-000885
Chunk: 49

Company: Kaival Brands Innovations Group, Inc.
Filing Date: 2025-06-16
Form: S-3
Chunk 49
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us supplement.

Rights Agent

The rights agent for any rights we offer will be set
forth in the applicable prospectus supplement.

<div align='center'>DESCRIPTION OF UNITS</div>

This section outlines some of the provisions of the
units and the unit agreements that we may enter into. This information may not be complete in all respects and is qualified entirely by
reference to the unit agreement with respect to the units of any particular series. The specific terms of any series of units will be
described in the applicable prospectus supplement. If so described in a particular supplement, the specific terms of any series of units
may differ from the general description of terms presented below.

<div align='center'>28</div>

We may issue units comprised of one or more debt securities,
shares of common stock, shares of preferred stock and warrants in any combination. Each unit will be issued so that the holder of the
unit is also the holder of each security included in the unit. Thus, the holder of a unit will have the rights and obligations of a holder
of each included security. The unit agreement under which a unit is issued may provide that the securities included in the unit may not
be held or transferred separately, at any time or at any time before a specified date.

The applicable prospectus supplement may describe:

| ● | the designation and terms of the units and of the securities comprising the units, including whether and under what circumstances those securities may be held or transferred separately; |

| ● | any provisions of the governing unit agreement that differ from those described below; and |

| ● | any provisions for the issuance, payment, settlement, transfer, or exchange of the units or of the securities comprising the units. |

The provisions described in this section, as well
as those described under “Description of Common Stock,” “Description of Preferred Stock,” “Description of
Warrants,” and “Description of Debt Securities” will apply to the securities included in each unit, to the extent relevant.

Issuance in Series

We may issue units in such amounts and in as many
distinct series as we wish. This section summarizes terms of the units that apply generally to all series. Most of the financial and other
specific terms of your series will be described in the applicable prospectus supplement.

Unit Agreements

Unless otherwise provided in the applicable prospectus
supplement, the following provisions will apply to any units we issue pursuant to this prospectus. We will issue the units under one or
more unit agreements to be entered into