Company: KAVL
Filing Date: 2025-09-17
Form Type: 8-K
Source: 0001731122-25-001270
Chunk: 0

Company: Kaival Brands Innovations Group, Inc.
Filing Date: 2025-09-17
Form: 8-K
Item: Item 1.01
Chunk 0
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Item 1.01. Entry into a Material Definitive Agreement.

On September 11, 2025, Kaival Brands Innovations Group,
Inc., (the “ Company”) and Delta Corp Holdings Limited, a company incorporated in England and Wales (together with its successors
and assigns, “ Delta”) entered into a Business Combination Termination and Release Agreement (the “ Termination Agreement”)
pursuant to Section 10.1(a) of that certain Merger Agreement, dated September 23, 2024 (the “ Merger Agreement’) among the
Company, Delta, Delta Corp Holdings Limited, a Cayman Islands exempted company, KAVL Merger Sub Inc. and Delta Corp Cayman Limited.

Pursuant to the Termination
Agreement, the Company and Delta mutually terminated the Merger Agreement and all agreements between the parties that are ancillary thereto
and Delta waived any and all claims against the other party that in any way directly and/or indirectly arise out of, are based upon, or
are in connection with the Merger Agreement or any agreements ancillary thereto.

The foregoing description of
the Termination Agreement does not purport to be complete and is subject to, and qualified in its entirety by, the full text of the Termination
Agreement, which is attached hereto as Exhibit 10.1 and incorporated by reference herein.

Item 1.02. Termination of
a Material Definitive Agreement