Kaival Brands (OTCQB: KAVL), a company focused on generating shareholder value by incubating innovative products into mature and dominant brands within their respective markets, has begun the process to uplist to the Nasdaq Capital Market. KAVL is working with legal counsel Morgan Lewis & Bockius as it prepares to uplist its shares of common stock from the OTC Markets Venture Market to the NASDAQ. The exclusive global distributor of products manufactured by Bidi Vapor LLC (“Bidi Vapor”), Kaival has seen significant growth as it has expanded the distribution of its premium product offerings. The company has strategically started to develop the internal and external resources and processes to maintain its revenue growth. KAVL’s intent to uplist to the Nasdaq Capital Market is in line with this focus; uplisting to the exchange often represents a company’s emerging growth and innovation, as well as its confidence and investment in its own infrastructure. “Our internal controls and revenues are now appropriate for institutional scrutiny,” said Kaival Brands CEO Niraj Patel in the press release. “We will welcome the new investor audience a potential Nasdaq listing would afford us and our growth.”
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About Kaival Brands Innovations Group Inc.
Kaival Brands is focused on growing and incubating innovative and profitable products into mature and dominant brands in their respective markets. Kaival’s vision is to develop internally, acquire, own or exclusively distribute these innovative products and grow each into dominant market-share brands with superior quality and recognizable innovation. For more information, visit the company’s website at www.KaivalBrands.com.
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