KAVL - What's Going On With Kaival Brands Stock? | Benzinga
Kaival Brands Innovations Group, Inc. (NASDAQ:KAVL) shares are trading higher Friday after the company announced a $5 million offering of 3,012,048 units at $1.66 per unit.
The Details:
According to an SEC filing, each unit consists of one share of common stock and one and one-half common warrants to purchase one and one-half shares of common stock, at an assumed offering price of $1.66 per unit, for gross proceeds of up to $5 million.
Kaival Brands is engaged in the sale, marketing and distribution of electronic nicotine delivery system (ENDS) products and related components. Its primary product is the Bidi ...