Kaival brands announces closing of $8.0 million underwritten public offering of common stock and warrants

Grant, fla., oct. 4, 2021 /prnewswire/ -- kaival brands innovations group, inc. (nasdaq: kavl) ("kaival brands"), the exclusive global distributor of products manufactured by bidi vapor, llc ("bidi vapor"), today announced the closing of its previously announced underwritten public offering of 4,700,000 shares of its common stock and accompanying warrants to purchase up to 3,525,000 shares of common stock.
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