Company: KAVL
Filing Date: 2025-06-16
Form Type: S-3
Source: 0001731122-25-000885
Chunk: 48

Company: Kaival Brands Innovations Group, Inc.
Filing Date: 2025-06-16
Form: S-3
Chunk 48
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 purchase any of our rights. We will provide in a prospectus supplement
the following terms of the rights being issued:

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| ● | the date of determining the stockholders entitled to the rights distribution; |

| ● | the aggregate number of shares of common stock, preferred stock or other securities purchasable upon exercise of the rights; |

| ● | the exercise price; |

| ● | the aggregate number of rights issued; |

| ● | whether the rights are transferrable and the date, if any, on and after which the rights may be separately transferred; |

| ● | the date on which the right to exercise the rights will commence, and the date on which the right to exercise the rights will expire; |

| ● | the method by which holders of rights will be entitled to exercise; |

| ● | the conditions to the completion of the offering, if any; |

| ● | the withdrawal, termination and cancellation rights, if any; |

| ● | whether there are any backstop or standby purchaser or purchasers and the terms of their commitment, if any; |

| ● | whether stockholders are entitled to oversubscription rights, if any; |

| ● | any applicable material United States federal income tax considerations; and |

| ● | any other terms of the rights, including terms, procedures and limitations relating to the distribution, exchange and exercise of the rights, as applicable. |

Each right will entitle the holder of rights to purchase
for cash the principal amount of shares of common stock, preferred stock or other securities at the exercise price provided in the applicable
prospectus supplement. Rights may be exercised at any time up to the close of business on the expiration date for the rights provided
in the applicable prospectus supplement.

Holders may exercise rights as described in the applicable
prospectus supplement. Upon receipt of payment and the rights certificate properly completed and duly executed at the corporate trust
office of the rights agent or any other office indicated in the prospectus supplement, we will, as soon as practicable, forward the shares
of common stock, preferred stock or other securities, as applicable, purchasable upon exercise of the rights. If less than all of the
rights issued in any rights offering are exercised, we may offer any unsubscribed securities directly to persons other than stockholders,
to or through agents, underwriters or dealers or through a combination of such methods, including pursuant to standby arrangements, as
described in the applicable prospect