Kaival Brands Innovations Group Inc (KAVL)

[RandyKCMO]

Just released... KAVL has been uplisted to NASDAQ

https://www.otcmarkets.com/stock/KAVLD/news/story?e&id=1954374


Kaival Brands to Commence Trading on Nasdaq

Listing is effective Thursday, July 29, 2021
GRANT, Fla., July 27, 2021 /PRNewswire/ -- Kaival Brands Innovations Group, Inc. ("Kaival Brands," the "Company," or "we"), the exclusive global distributor of products manufactured by Bidi Vapor, LLC ("Bidi Vapor"), announced today that the Nasdaq Stock Market LLC has approved the listing of the company's common stock on the Nasdaq Capital Market ("Nasdaq"). The ticker symbol will remain unchanged, as "KAVL" and the stock will begin trading on Nasdaq at the opening of the market on Thursday, July 29, 2021, but will continue trading on the OTCQB until the market close on Wednesday, July 28, 2021.




"Kaival Brands to Commence Trading on Nasdaq on Thursday, July 29, 2021"
Niraj Patel, the Company's Founder and Chief Executive Officer, stated, "I am pleased to announce that the Company has been approved to begin trading on Nasdaq. This event represents another monumental milestone in our Company's short history."

"We have worked diligently to achieve this goal and are humbled and grateful on the inclusion to the Nasdaq," said Mr. Patel. "We are more enthusiastic than ever about being able to harness Kaival's exciting potential."

"Step by step, we continue our work to build a world class, global organization – our elevation to Nasdaq represents a very large strategic evolution for the Company," noted Eric Mosser, Chief Operating Officer of Kaival Brands.

Bidi Vapor's founding mission is to provide recreational, non-combusted alternatives for adult cigarette smokers. Both Kaival Brands and Bidi Vapor are vehemently opposed to all illegal underage tobacco use, including ENDS use, by minors. We are committed to preventing youth use of ENDS, responsibly marketing to adult tobacco users 21 and over, working with law abiding retailers and distributors, and complying with all federal and state laws and taxes applicable to the distribution of the BIDI®? Stick and the BIDI®? Pouch including, but not limited to, the Family Smoking Prevention and Tobacco Control Act ("TCA"), the Food, Drug and Cosmetic Act ("FDCA"), and the Prevent All Cigarette Trafficking ("PACT") Act. We are further committed to developing science to support the continued marketing of our products as appropriate for the protection of the public health and engaging with state and federal authorities to promote enforcement and the removal of counterfeit, non-compliant and youth-targeting ENDS products from the market.

Mr. Patel, the Company's President and Chief Executive Officer, owns and controls Bidi Vapor. As a result, Bidi Vapor and the Company are considered under common control and Bidi Vapor is considered a related party.

Inflection Partners, LLC and Morgan, Lewis & Bockius LLP are acting as capital markets advisors and legal counsel, respectively, to Kaival Brands in connection with the uplist to Nasdaq.

ABOUT BIDI VAPOR