Summary by Futu AI
Kaival Brands Innovations Group, Inc. has formally requested the U.S. Securities and Exchange Commission (SEC) to accelerate the effectiveness of its Registration Statement on Form S-1. The request, directed to Ms. Rucha Pandit of the SEC's Division of Corporation Finance, Office of Trade & Services, was made in a correspondence dated June 18, 2024. Kaival Brands Innovations seeks to have the Registration Statement declared effective at 9:00 a.m. EST on June 21, 2024, or as soon as possible thereafter. The company's CEO, Nirajkumar Patel, signed the request, which indicates that a separate letter from the placement agent's representative, supporting the acceleration, will follow. The SEC has been asked to inform Jeffrey Wofford, Esq. of Sichenzia Ross Ference Carmel upon the Registration Statement's effective declaration.