On September 23, 2024, Kaival Brands Innovations Group, Inc., a Delaware corporation, announced a definitive Merger and Share Exchange Agreement with Delta Corp Holdings Limited, an English and Welsh company, and other related parties. This agreement, referred to as the Business Combination, was accompanied by a press release and a detailed presentation, both of which were furnished to the SEC and are incorporated by reference. The Business Combination is subject to customary closing conditions, including SEC registration statement effectiveness and shareholder approval. Kaival Brands has urged its investors and security holders to read the forthcoming proxy statement/prospectus and other relevant materials carefully once they become available, as they will contain important information about the merger. The directors and officers of Kaival Brands and Delta are deemed to be participants in the solicitation of proxies from Kaival Brands shareholders regarding the Business Combination. The transaction is expected to be completed following the satisfaction of the conditions, including regulatory approvals and shareholder consent.

On September 23, 2024, Kaival Brands Innovations Group, Inc., a Delaware corporation, announced a definitive Merger and Share Exchange Agreement with Delta Corp Holdings Limited, an English and Welsh company, and other related parties. This agreement, referred to as the Business Combination, was accompanied by a press release and a detailed presentation, both of which were furnished to the SEC and are incorporated by reference. The Business Combination is subject to customary closing conditions, including SEC registration statement effectiveness and shareholder approval. Kaival Brands has urged its investors and security holders to read the forthcoming proxy statement/prospectus and other relevant materials carefully once they become available, as they will contain important information about the merger. The directors and officers of Kaival Brands and Delta are deemed to be participants in the solicitation of proxies from Kaival Brands shareholders regarding the Business Combination. The transaction is expected to be completed following the satisfaction of the conditions, including regulatory approvals and shareholder consent.