Bidi Vapor, LLC - 25 Oct 2024 Form 3 Insider Report for Kaival Brands Innovations Group, Inc. (KAVL)

Role
10%+ Owner
Signature
/s/ Ankitaben Patel, Manager
Issuer symbol
KAVL
Transactions as of
25 Oct 2024
Net transactions value
$0
Form type
3
Filing time
01 Nov 2024, 14:41:34 UTC
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding KAVL Common Stock 1,400,144 25 Oct 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of the Issuer's common stock issued to the Reporting Person pursuant to a Debt Exchange Agreement dated October 25, 2024 by and between the Issuer and the Reporting Person in exchange for $1,275,000 owed to the Reporting Person by the Issuer. The number of shares issued to the Reporting Person is based on a price per share equal to $0.91062.