EX-FILING FEES 4 e5216_ex107.htm EXHIBIT 107

 

 

Exhibit 107

 

Calculation of Filing Fee Table

 

Form S-1

(Form Type)

 

Kaival Brands Innovations Group, Inc.

(Exact Name of Registrant as Specified in its Charter)

Table 1: Newly Registered and Carry Forward Securities

 

  Security Type   Security Class Title   Fee Calculation or Carry Forward Rule   Amount Registered (1)     Proposed Maximum Offering Price Per Share     Maximum Aggregate Offering Price   Fee Rate   Amount of Registration Fee     Carry Forward Form Type   Carry Forward File Number   Carry Forward Initial effective date   Filing Fee Previously Paid In Connection with Unsold Securities to be Carried Forward
Newly Registered Securities
Fees to Be Paid Equity   Common Stock   457(c)   2,000,000 (2)   $0.20755 (3)   $415,100   0.0001476   $61.27 (4)                
  Equity   Warrants   457(i)   2,000,000 (5)                            
  Equity   Common Stock Underlying Warrants   457(i)   2,000,000 (6)   $5.00     $10,000,000   0.0001476   $1,476 (4)                
Fees Previously Paid                                      
Carry Forward Securities
Carry Forward Securities                                  
Total Offering Amounts       $1,537.27                  
Total Fees Previously Paid                        
Total Fee Offsets                        
Net Fee Due       $1,537.27                  

 

  (1) Pursuant to Rule 416(a) of the Securities Act of 1933, as amended (the “Securities Act”), there are also being registered an indeterminable number of additional securities as may be issued to prevent dilution resulting from stock splits, stock dividends or similar transactions.
  (2) Represents the shares of common stock, par value $0.0001 per share, of the Registrant (the “common stock”) which are being distributed by GoFire, Inc. (“GoFire”) to the stockholders of GoFire.
  (3) Estimated solely for the purpose of calculating the registration fee, based on the average of the high and low prices of the common stock on the Nasdaq Capital Market (“Nasdaq”) on November 15, 2023 ($0.20755 per share), in accordance with Rule 457(c) of the Securities Act.
  (4) Calculated pursuant to Rule 457 of the Securities Act by multiplying the proposed maximum aggregate offering price of securities to be registered by 0.00014760.
  (5) Represents common stock purchase warrants (“Warrants”) which are being distributed by GoFire to the stockholders of GoFire. In accordance with Rule 457(i) of the Securities Act, the entire registration fee for the Warrants is allocated to the shares of common stock underlying the Warrants, and no separate fee is payable for the Warrants.
  (6) In accordance with Rule 457(i) of the Securities Act, the proposed maximum offering price is based on the maximum amount which may be received by the Registrant upon exercise of the Warrants.