Moomoo AI 已提取核心訊息
Kaival Brands Innovations, a company registered in Delaware and listed on the Nasdaq Stock Market under the symbol KAVL, has reported several significant corporate events in a recent Form 8-K filing with the SEC. On January 22, 2024, the company executed a reverse stock split of its common stock at a ratio of 1-for-21, effective as of 8:00 a.m. EST on the same day. The reverse stock split, which reduced the number of outstanding shares from approximately 58.66 million to approximately 2.79 million, was initiated to comply with Nasdaq's minimum bid price requirement for continued listing. Trading on a post-split basis commenced on January 25, 2024. Additionally, the company announced the immediate resignation of James P. Cassidy from the Board of Directors on January...Show More
Kaival Brands Innovations, a company registered in Delaware and listed on the Nasdaq Stock Market under the symbol KAVL, has reported several significant corporate events in a recent Form 8-K filing with the SEC. On January 22, 2024, the company executed a reverse stock split of its common stock at a ratio of 1-for-21, effective as of 8:00 a.m. EST on the same day. The reverse stock split, which reduced the number of outstanding shares from approximately 58.66 million to approximately 2.79 million, was initiated to comply with Nasdaq's minimum bid price requirement for continued listing. Trading on a post-split basis commenced on January 25, 2024. Additionally, the company announced the immediate resignation of James P. Cassidy from the Board of Directors on January 25, 2024. His departure was attributed to other professional commitments and not due to any disagreements with the Board or the company. GoFire, Inc., the holder of the majority of the company's Series B Convertible Preferred Stock and the entity with the right to appoint Cassidy's replacement, will work with the Board to fill the vacancy. The company's equity incentive plans and outstanding equity awards and warrants will be proportionately adjusted to reflect the reverse stock split.
Kaival Brands Innovations是一家在特拉華州註冊並在納斯達克股票市場上市的公司，股票代碼爲KAVL。該公司在最近向美國證券交易委員會提交的8-K表格中報告了幾起重大公司事件。2024年1月22日，該公司以1比21的比率對其普通股進行了反向分割，自美國東部標準時間當天上午8點起生效。反向股票拆分將已發行股票的數量從約5,866萬股減少到約279萬股，是爲了遵守納斯達克對繼續上市的最低出價要求而啓動的。拆分後的交易於2024年1月25日開始。此外，公司宣佈詹姆斯·卡西迪於2024年1月25日立即辭去董事會職務。他的離職歸因於其他專業承諾，而不是由於與董事會或公司的任何分歧。GoFire, Inc. 是該公司大部分B系列可轉換優先股的持有人，也是有權任命卡西迪接班人的實體，該公司將與董事會合作填補空缺。公司的股權激勵計劃和未償還的股權獎勵和認股權證將按比例進行調整，以反映反向股票拆分。
Kaival Brands Innovations是一家在特拉華州註冊並在納斯達克股票市場上市的公司，股票代碼爲KAVL。該公司在最近向美國證券交易委員會提交的8-K表格中報告了幾起重大公司事件。2024年1月22日，該公司以1比21的比率對其普通股進行了反向分割，自美國東部標準時間當天上午8點起生效。反向股票拆分將已發行股票的數量從約5,866萬股減少到約279萬股，是爲了遵守納斯達克對繼續上市的最低出價要求而啓動的。拆分後的交易於2024年1月25日開始。此外，公司宣佈詹姆斯·卡西迪於2024年1月25日立即辭去董事會職務。他的離職歸因於其他專業承諾，而不是由於與董事會或公司的任何分歧。GoFire, Inc. 是該公司大部分B系列可轉換優先股的持有人，也是有權任命卡西迪接班人的實體，該公司將與董事會合作填補空缺。公司的股權激勵計劃和未償還的股權獎勵和認股權證將按比例進行調整，以反映反向股票拆分。
有用
沒用