Kaival Brands Innovations Group, Inc. has reported significant changes in its ownership structure. Kaival Holdings, LLC now owns 19.2% of the company's common stock, while KDMM Trust dated May 14, 2018 holds 36.3%. Bidi Vapor, LLC has acquired a 17.1% stake.These changes resulted from various transactions, including the redemption of Eric Mosser's interests in Kaival Holdings, LLC on May 30, 2024, and the issuance of 1,400,144 shares to Bidi Vapor, LLC on October 25, 2024, in exchange for $1,275,000 of debt extinguishment. The death of Mr. Nirajumar Patel also led to a redistribution of his shares to family trusts.The total outstanding shares of Kaival Brands Innovations Group, Inc. are reported as 8,184,102 as of the latest filing. The Reporting Persons have not disclosed any specific plans or proposals regarding future actions concerning the company.

Kaival Brands Innovations Group, Inc. has reported significant changes in its ownership structure. Kaival Holdings, LLC now owns 19.2% of the company's common stock, while KDMM Trust dated May 14, 2018 holds 36.3%. Bidi Vapor, LLC has acquired a 17.1% stake.These changes resulted from various transactions, including the redemption of Eric Mosser's interests in Kaival Holdings, LLC on May 30, 2024, and the issuance of 1,400,144 shares to Bidi Vapor, LLC on October 25, 2024, in exchange for $1,275,000 of debt extinguishment. The death of Mr. Nirajumar Patel also led to a redistribution of his shares to family trusts.The total outstanding shares of Kaival Brands Innovations Group, Inc. are reported as 8,184,102 as of the latest filing. The Reporting Persons have not disclosed any specific plans or proposals regarding future actions concerning the company.