MELBOURNE, Fla., Jan. 12, 2021 /PRNewswire/ -- Kaival Brands Innovations Group, Inc. (OTCQB: KAVL) ("Kaival Brands," the "Company," or "we"), a company focused on generating stockholder value by incubating innovative products into mature and dominant brands within their respective markets, today announced new engagements of both Morgan Lewis and Spencer Stuart. The Company believes that these engagements will allow it to continue its expansion and assist in reaching its next iterative stage of growth.
Morgan Lewis' scale and global capabilities (more than two thousand attorneys worldwide) will make available sophisticated and experienced legal counsel that will help enable Kaival to improve its workflow and meet legal needs that will expand as the company grows and takes on a greater presence in the public markets. Additionally, Spencer Stuart, a leading executive search and leadership advisory firm, will provide Kaival with the ability to build and enhance high-performing, senior-level teams.
The Company's Chief Executive Officer, Niraj Patel, stated, "We have enjoyed tremendous revenue growth in a rapid fashion. We are now in a position to build the appropriate infrastructure to match our current and aspirational revenue targets."
Kaival Brands will be presenting at the Inflection Partners Emerging Growth Conference on January 13, 2021.
Kaival Brands Innovations Group, Inc., is a company focused on growing and incubating innovative and profitable products into mature and dominant brands in their respective markets. Our 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.
This press release includes statements that constitute "forward-looking statements" within the meaning of federal securities laws, which are statements other than historical facts that frequently use words such as "anticipate," "believe," "continue," "could," "estimate," "expect," "forecast," "intend," "may," "plan," "position," "should," "strategy," "target," "will," and similar words. All forward-looking statements speak only as of the date of this press release. Although we believe that the plans, intentions, and expectations reflected in or suggested by the forward-looking statements are reasonable, there is no assurance that these plans, intentions, or expectations will be achieved. Therefore, actual outcomes and results could materially differ from what is expressed, implied, or forecasted in such statements. Our business may be influenced by many factors that are difficult to predict, involve uncertainties that may materially affect results, and are often beyond our control. Factors that could cause or contribute to such differences include, but are not limited to, the duration and scope of the COVID-19 pandemic and impact on the demand for the products we distribute; the actions governments, businesses, and individuals take in response to the pandemic, including mandatory business closures and restrictions on onsite commercial interactions; the impact of the pandemic and actions taken in response to the pandemic on global and regional economies and economic activity; the pace of recovery when the COVID-19 pandemic subsides; general economic uncertainty in key global markets and a worsening of global economic conditions or low levels of economic growth; the effects of steps that we could take to reduce operating costs; our inability to generate and sustain profitable sales growth; circumstances or developments that may make us unable to implement or realize anticipated benefits, or that may increase the costs, of our current and planned business initiatives; changes in government regulation or laws that affect our business; and those factors detailed by us in our public filings with the Securities and Exchange Commission. All forward-looking statements included in this press release are expressly qualified in their entirety by such cautionary statements. Except as required under the federal securities laws and the Securities and Exchange Commission's rules and regulations, we do not have any intention or obligation to update any forward-looking statements publicly, whether as a result of new information, future events, or otherwise.