Kaival Brands Innovations Group
KAVL

$0.6801

1.38%

Market Cap: $3.13M

About: Kaival Brands Innovations Group Inc is focused on growing and incubating innovative and profitable products. The company is engaged in the sale, marketing and distribution of electronic nicotine delivery system (ENDS) products and related components. Its primary product includes Bidi Stick. The BIDI Stick comes in a variety of flavor options for adult cigarette smokers.

Employees: 18

Consumer Discretionary Non-store Retailers

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

147% more capital invested

Capital invested by funds: $11.7K [Q1] → $28.9K (+$17.2K) [Q2]

0.13% more ownership

Funds ownership: 0.14% [Q1] → 0.28% (+0.13%) [Q2]

0% more funds holding

Funds holding: 7 [Q1] → 7 (+0) [Q2]

0% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 3

0% more repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 1

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Research analyst outlook

We haven’t received any recent analyst ratings for KAVL.

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Financial journalist opinion

Kaival Brands Announces Closing of $6.0 Million Public Offering

GRANT-VALKARIA, Fla., June 24, 2024 (GLOBE NEWSWIRE) -- Kaival Brands Innovations Group, Inc., (NASDAQ: KAVL) (“Kaival Brands”, the “Company”), the exclusive U.S. distributor of all products manufactured by Bidi Vapor, LLC ("Bidi Vapor"), today announced the closing of its previously announced public offering of 3,921,500 units at a public offering price of $1.53 per unit (the “Offering”). Each unit consisted of one share of common stock (or one pre-funded warrant to purchase one share of common stock in lieu thereof) and one and one-half common warrants to purchase one and one-half shares of common stock. The common warrants have an exercise price of $1.53 per share, are exercisable immediately and expire five years following the date of issuance. Gross proceeds from the Offering, before deducting the placement agent's fees and other offering expenses, were approximately $6.0 million.

Kaival Brands Announces Closing of $6.0 Million Public Offering

Kaival Brands Announces Pricing of $6.0 Million Public Offering

GRANT-VALKARIA, Fla., June 21, 2024 (GLOBE NEWSWIRE) -- Kaival Brands Innovations Group, Inc., (NASDAQ: KAVL) (“Kaival Brands”, the “Company”), the exclusive U.S. distributor of all products manufactured by Bidi Vapor, LLC ("Bidi Vapor"), today announced the pricing of a public offering of 3,921,500 units at a public offering price of $1.53 per unit (the “Offering”). Each unit consists of one share of common stock (or one pre-funded warrant to purchase one share of common stock in lieu thereof) and one and one-half common warrants to purchase one and one-half shares of common stock. The common warrants will have an exercise price of $1.53 per share, are exercisable immediately and will expire five years following the date of issuance. Gross proceeds from the Offering, before deducting the placement agent's fees and other offering expenses, are expected to be approximately $6.0 million.

Kaival Brands Announces Pricing of $6.0 Million Public Offering

Why Is Kaival Brands Innovations (KAVL) Stock Down 33% Today?

Kaival Brands Innovations (NASDAQ: KAVL ) stock is falling on Monday after the electronic nicotine delivery system company's shares underwent a massive rally on Friday. Shares of KAVL stock rallied 338.2% on Friday without any clear news from the company.

Why Is Kaival Brands Innovations (KAVL) Stock Down 33% Today?

Why Is Kaival Brands (KAVL) Stock Up 286% Today?

Kaival Brands (NASDAQ: KAVL ) stock is rocketing higher on Friday alongside heavy trading of the electronic nicotine delivery system company's shares. This has more than 49 million shares of KAVL stock changing hands as of this writing.

Why Is Kaival Brands (KAVL) Stock Up 286% Today?

Why Is Kaival Brands (KAVL) Stock Up 140% Today?

Kaival Brands (NASDAQ: KAVL ) is among the biggest winners in today's market. Shares of this little-known maker of vape pens are soaring, with KAVL stock up more than 140% and climbing at the time of writing.

Why Is Kaival Brands (KAVL) Stock Up 140% Today?

Kaival Brands Reports Fiscal 2024 First Quarter Financial Results and Provides Business Update

Heightens Focus on Valuable Patent Portfolio; Engages Investment Bank to Assist in Exploration of Strategic Alternatives for Parent Company Heightens Focus on Valuable Patent Portfolio; Engages Investment Bank to Assist in Exploration of Strategic Alternatives for Parent Company

Kaival Brands Reports Fiscal 2024 First Quarter Financial Results and Provides Business Update

Why Is Kaival Brands Innovations (KAVL) Stock Up 77% Today?

Kaival Brands Innovations (NASDAQ: KAVL ) stock is rocketing higher on Thursday alongside heavy pre-market trading of the nicotine company's shares. Early morning trading on Thursday has more than 5.7 million shares of KAVL stock changing hands.

Why Is Kaival Brands Innovations (KAVL) Stock Up 77% Today?

Kaival Brands Provides Business Update in Letter to Shareholders

Senior leadership driving change by maximizing core opportunities, revamping internal processes, and pursuing platform diversification Senior leadership driving change by maximizing core opportunities, revamping internal processes, and pursuing platform diversification

Kaival Brands Provides Business Update in Letter to Shareholders

Kaival Brands Partner Bidi Vapor to Contest FDA Denial of ‘Classic' Tobacco-Flavored ENDS

MDO applies only to one Bidi device, ten other flavors still in PMTA process Kaival Brands remains focused on driving revenue and platform diversification GRANT-VALKARIA, Fla., Jan. 29, 2024 (GLOBE NEWSWIRE) -- Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) ("Kaival Brands," the "Company" or "we,” “our” or similar terms), a company focused on incubating and commercializing innovative products into mature and dominant brands, with a current focus on the distribution of electronic nicotine delivery systems (ENDS), which are intended for adults 21 and over, today announced that its licensor and commercial partner, Bidi Vapor LLC (Bidi Vapor), will appeal the U.S. Food and Drug Administration's (FDA) decision to deny Bidi Vapor's premarket tobacco product application (PMTA) for Bidi Vapor's “Classic” tobacco-flavored BIDI® Stick ENDS device.

Kaival Brands Partner Bidi Vapor to Contest FDA Denial of ‘Classic' Tobacco-Flavored ENDS

Kaival Brands Innovations Group Announces Reverse Stock Split

1-for-21 reverse stock split to become effective as of the opening of trading on Thursday, January 25, 2024 1-for-21 reverse stock split to become effective as of the opening of trading on Thursday, January 25, 2024

Kaival Brands Innovations Group Announces Reverse Stock Split

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