Kaival Brands Innovations Group (OTCQB: KAVL), a company focused on generating shareholder value by incubating innovative products into mature and dominant brands within their respective markets, has met a significant requirement in the process of uplisting to the Nasdaq. The company has announced that Ladenburg Thalmann & Co. Inc. has signed a market maker intention letter, indicating its commitment to make a market in Kaival shares when listed on the Nasdaq. Kaival Brans is the exclusive global distributor of all products manufactured by Bidi Vapor LLC; the Bidi(R) Stick is the fastest-growing closed system vaping product in the country and is the only vape product on the market with an ecologically friendly, mass-recycling program called Bidi(R) Cares. Combined with the other market maker commitments Kaival has obtained, Ladenburg Thalmann’s intention letter allows Kaival Brands to meet the Nasdaq market maker requirement. Ladenburg Thalmann comprises more than 4,000 financial advisors in its network and touts a rich 140-year history. “We are extremely excited and grateful to have the venerable firm, Ladenburg Thalmann, committed to making efficient and productive markets for shares of Kaival,” the company stated in the press release. “We feel as though our shareholders are all family and this is a big step towards uplisting on Nasdaq. We feel fortunate to be able to entrust our company shares to the very capable hands of these sophisticated financial traders and their tremendous retail reach.”
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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.
NOTE TO INVESTORS: The latest news and updates relating to KAVL are available in the company’s newsroom at http://nnw.fm/KAVL
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