Summary by Futu AI
Kaival Brands Innovations Group, Inc. has filed a Form 12b-25 with the SEC to notify a delay in the submission of its Form 10-Q quarterly report for the period ended July 31, 2024. The delay is attributed to the unexpected passing of the company's CEO on September 7, 2024, which has necessitated the appointment of an interim CEO and caused a setback in compiling the necessary information for the report. Despite the circumstances, the company is making efforts to complete and file the Form 10-Q within the five-day extension period allowed under Rule 12b-25 of the Securities Exchange Act of 1934. Kaival Brands has confirmed that all other periodic reports required by the SEC have been filed on time and anticipates no significant changes in its operations results from the last fiscal year in the upcoming earnings statements.