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Kaival Brands Innovations | 8-K: Current report

SEC announcement ·  Mar 13 12:56
Summary by Moomoo AI
Kaival Brands Innovations, a company registered in Delaware and listed on The Nasdaq Stock Market under the symbol KAVL, has reported significant changes in its executive leadership. On March 8, 2024, Eric Mosser resigned from his positions as President and Interim Chief Executive Officer of the company. The resignation was effective immediately and was not due to any disagreements with the company's operations, policies, or practices. Concurrently, on March 7, 2024, the Board appointed Nirajkumar Patel, previously the Chief Science and Regulatory Officer, as the new Chief Executive Officer. No employment agreement has been established with Mr. Patel regarding his new role as CEO. Additionally, Eric Morris has been appointed as the Interim Chief Financial Officer on the same day, with no changes to his existing employment agreement. Both Patel and Morris have no disclosed family relationships with any board members or executive officers, nor are they part of any arrangements that would require disclosure under SEC regulations. The company has confirmed these executive changes in a report signed by Nirajkumar Patel on March 12, 2024.
Kaival Brands Innovations, a company registered in Delaware and listed on The Nasdaq Stock Market under the symbol KAVL, has reported significant changes in its executive leadership. On March 8, 2024, Eric Mosser resigned from his positions as President and Interim Chief Executive Officer of the company. The resignation was effective immediately and was not due to any disagreements with the company's operations, policies, or practices. Concurrently, on March 7, 2024, the Board appointed Nirajkumar Patel, previously the Chief Science and Regulatory Officer, as the new Chief Executive Officer. No employment agreement has been established with Mr. Patel regarding his new role as CEO. Additionally, Eric Morris has been appointed as the Interim Chief Financial Officer on the same day, with no changes to his existing employment agreement. Both Patel and Morris have no disclosed family relationships with any board members or executive officers, nor are they part of any arrangements that would require disclosure under SEC regulations. The company has confirmed these executive changes in a report signed by Nirajkumar Patel on March 12, 2024.
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