Kaival Brands Innovations Group Inc. KAVL Archives - Page 2 of 8

MondayNov 29, 2021 1:26 pm

QualityStocksNewsBreaks – Kaival Brands Innovations Group Inc. (NASDAQ: KAVL) Announces Study Finding BIDI(R) Stick as Potential Satisfying Alternative for Adult Cigarette Smokers

Kaival Brands (NASDAQ: KAVL), the exclusive global distributor of products manufactured by Bidi Vapor LLC, today announced the results of a newly published study. According to the update, the study found Bidi Vapor’s premium electronic nicotine delivery system (“ENDS”), a disposable device branded BIDI(R) Stick, mimicked the blood levels of nicotine when subjects smoked their usual brand of combustible cigarette, potentially providing a satisfying alternative to cigarette smoking. In research published in November 2021, comparative blood samples revealed a dramatic alignment between combustible cigarettes and BIDI Sticks (both tobacco and flavored products). “This study shows that the BIDI Stick can…

WednesdayOct 27, 2021 12:09 pm

QualityStocksNewsBreaks – Kaival Brands Innovations Group Inc. (NASDAQ: KAVL) Announces Legal Efforts to Change MDO Stay on Bidi Sticks

Kaival Brands (NASDAQ: KAVL), the exclusive global distributor of products by Bidi(R) Vapor LLC, has shared efforts being made to change a previously announced administrative stay on Bidi(R) Sticks. KAVL noted that Bidi Vapor LLC, the manufacturer of the premium Bidi Stick electronic nicotine delivery system (“ENDS”) has asked the FDA to reconsider its marketing denial order (“MDO”) for the Bidi Sticks. The company made this request based on the scientific evidence in its applications. Bidi Vapor is also requesting a judicial stay of the MDO with the 11th Circuit Court of Appeals. According to the announcement, the FDA issued an…

WednesdayOct 06, 2021 11:06 am

QualityStocksNewsBreaks – Kaival Brands Innovations Group Inc. (NASDAQ: KAVL) Announces Participation at 2021 NACS Show

Kaival Brands (NASDAQ: KAVL), the exclusive global distributor of products manufactured by Bidi Vapor LLC, announced that it will attend and exhibit in person, along with Bidi Vapor, at the 2021 NACS show. The event kicked off, after a two-year COVID hiatus, on Oct. 5 at McCormick Place in Chicago, Illinois. “We are excited to attend the first in-person NACS event since the start of the COVID-19 pandemic. Previously, the NACS show served as a significant catalyst for new client introductions and new orders,” said Niraj Patel, founder and chief executive officer of Kaival Brands. “We are looking forward to…

TuesdayOct 05, 2021 1:33 pm

QualityStocksNewsBreaks – Kaival Brands Innovations Group Inc. (NASDAQ: KAVL) Plans Expansion into UK Market

Kaival Brands (NASDAQ: KAVL), the exclusive global distributor of products by Bidi(R) Vapor LLC, has announced plans to release its products into the United Kingdom. According to the company, the UK market is an ideal opportunity for Bidi Vapor's initial international rollout. The company is directing a substantial amount of time and resources on its efforts in international markets where it has full market and product approvals regarding distribution of the complete BIDI Stick product line, including its exclusive nontobacco flavors. The flavored electronic nicotine delivery systems ("ENDS") market in the United States has been impacted by the U.S. Food…

MondayOct 04, 2021 2:36 pm

QualityStocksNewsBreaks – Kaival Brands Innovations Group Inc. (NASDAQ: KAVL) Secures $8M in Underwritten Public Offering

Kaival Brands (NASDAQ: KAVL), the exclusive global distributor of products manufactured by Bidi Vapor LLC, has closed its previously announced underwritten public offering of 4,700,000 shares of its common stock and accompanying warrants to purchase up to 3,525,000 shares of common stock. According to the update, Kaival Brands secured approximately $8.0 million in gross proceeds with each share of common stock sold together with 0.75 warrants at a combined public offering price of $1.70. The warrants are exercisable immediately at a price of $1.90 per share and will expire five years following the date of issuance. Kaival Brands has additionally…

ThursdaySep 30, 2021 9:49 am

QualityStocksNewsBreaks – Kaival Brands Innovations Group Inc. (NASDAQ: KAVL) Releases Pricing of Proposed Public Offering

Kaival Brands (NASDAQ: KAVL), the exclusive global distributor of products by Bidi(R) Vapor LLC, has announced an underwritten public offering of 4,700,000 shares of its common stock and accompanying warrants. According to the announcement, the pricing of the public offering, which included each share of common stock being sold together with 0.75 warrants for a combined price of $1.70, is $8 million before deducting typical underwriting discounts and offering expenses. The company anticipates using net proceeds from the offering to fund working capital and general corporate purposes. KAVL anticipates granting the underwriters a 45-day option to purchase up to an…

WednesdaySep 15, 2021 9:29 am

QualityStocksNewsBreaks – Kaival Brands Innovations Group Inc. (NASDAQ: KAVL) Releases Q3 2021 Report, Updated Guidance

Kaival Brands (NASDAQ: KAVL), the exclusive global distributor of products by Bidi(R) Vapor LLC, has released its third-quarter 2021 revenues, which are lower than expected. In the report, the company observed that the U.S. Food and Drug Administration’s (“FDA”) Premarket Tobacco Application (“PMTA”) process has impacted its revenues. The company noted that it believes many retailers and distributors have been reluctant to take on new inventory because they were concerned about being left with inventory that, as a result of the PMTA, would be illegal to sell. The company also noted that other retailers may have purchased counterfeit or suboptimal…

ThursdaySep 09, 2021 2:48 pm

QualityStocksNewsBreaks – Kaival Brands Innovations Group Inc.’s (NASDAQ: KAVL) Manufacturing Partner Moves to Final Phase of Regulatory Authorization

Kaival Brands (NASDAQ: KAVL), a company focused on developing products into mature, dominant brands, is the exclusive global distributor of a portfolio of premium vape products manufactured by Bidi(R) Vapor LLC. Notably, the Bidi(R) Stick electronic nicotine delivery systems (“ENDS”) product lineup, offering 11 different flavors, followed a regulatory pathway that required the company to submit Premarket Tobacco Product Applications (“PMTAs”). The submission sought authorization to market specific tobacco products introduced after Feb. 15, 2007, unlike any of those previously grandfathered in. “Bidi’s PMTAs have passed the first two phases: received an acceptance letter from the FDA for the PMTA…

WednesdaySep 01, 2021 1:45 pm

QualityStocksNewsBreaks – Kaival Brands Innovations Group Inc. (NASDAQ: KAVL) Eyes Launch of New Proprietary CBD Products

Kaival Brands (NASDAQ: KAVL), a company focused on developing products into mature, dominant brands, is looking to launch a new line of proprietary cannabidiol (“CBD”) products. The company intends to follow a similar design path set by its highly successful Bidi(R) Stick product, the number one electronic nicotine delivery systems (“ENDS”) offering in the U.S. market, while using the same first-in-class, patented delivery mechanism that gives its consumer base a unique and premium vaping experience. “Along with providing users with a convenient, smoke-free delivery method for CBD, KAVL’s industrial-grade hemp formula promises greater bio-availability than many market competitors, resulting in…

ThursdayAug 26, 2021 1:40 pm

QualityStocksNewsBreaks – Kaival Brands Innovations Group Inc. (NASDAQ: KAVL) ‘More Enthusiastic than Ever’ to Harness Exciting Potential

Kaival Brands (NASDAQ: KAVL), focused on developing products into mature, dominant brands, is the exclusive global distributor of products manufactured by Bidi Vapor LLC. Kaival Brands recently began trading on the Nasdaq Capital Market under the ticker symbol KAVL, marking a significant achievement for the company. “I am pleased to announce that the company has been approved to begin trading on the Nasdaq,” a recent article quotes KAVL founder and CEO Niraj Patel. “This event represents another monumental milestone in our company’s short history. We have worked diligently to achieve this goal and are humbled and grateful on the inclusion…

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