Exhibit 21.1
As of the Closing each of Delta (Delta Corp Holdings Limited, a company incorporated in England and Wales) and Kaival (Kaival Brands Innovations Group Inc., a Delaware corporation) will become subsidiaries of the Registrant. The following is a list of Delta’s direct and indirect subsidiaries, which as of the Closing of the Business Combination will be the Registrant’s indirect subsidiaries:
Name | | Country of organization |
| Delta Corp Shipping B.V. | | Netherlands |
| Delta Corp Shipping Pte. Ltd. | | Singapore |
| Delta Corp Europe Aps | | Denmark |
| Delta Carrier ME DMCC | | United Arab Emirates |
| Delta HNT FZE | | United Arab Emirates |
| Deltabulk Shipping India Private Ltd. | | India |
| Delta Bulk Shipping DMCC | | United Arab Emirates |
| Vishwaa Carriers LLC | | United Arab Emirates |
| Vishul Global Pvt. Ltd. | | India |
| DC Multi Modal (Nagpur) Pvt. Ltd. | | India |
| Three Wheels United | | United States |
| Three Wheels Capital Pvt. Ltd. | | India |
| Shabri Investments Pvt. Ltd. | | India |
| Delta Avon Ltd. | | Marshall Islands |
| Delta Energy Fuel Supply & Trading B.V. | | Netherlands |
| Delta Energy Fuel Supply & Trading S.A. | | Switzerland |
| Delta Energy Fuel Supply & Trading Ltd. | | Ireland |
| Delta Energy Fuel Supply & Trading GmbH | | Germany |
| Delta Connect DMCC | | United Arab Emirates |
| Delta Energies Limited | | United Kingdom |
| Oleo Energy DMCC | | United Arab Emirates |
| Oleo India Pvt. Ltd. | | India |
| Gulf Petrochem Factory LLC | | United Arab Emirates |
| Delta Corp (Mauritius) Limited | | Mauritius |
| Delta Energy Fuel & Lubricants Nigeria Ltd. | | Nigeria |
| Delta Lubricants & Greases Tanzania Ltd. | | Tanzania |
| Delta Energies (Mauritius) Limited | | Mauritius |
| DC Energy Kenya Ltd. | | Kenya |
| Delta Energy Rwanda Ltd. | | Rwanda |
| DC Energy Uganda Ltd. | | Uganda |
| Delta Corp Tanzania Ltd. | | Tanzania |
| Delta Corp Ship Management B.V. | | Netherlands |
| Delta Corp Ship Management DMCCO* | | United Arab Emirates |
| Delta Corp Asset Management Pte. Ltd. | | Singapore |
| EO Offshore Singapore Pte. Ltd. | | Singapore |
| EO Offshore (M) Sdn. Bhd. | | Malaysia |
| EO Offshore Service Singapore Pte. Ltd. | | Singapore |
| EO Offshore Services (M) Sdn. Bhd. | | Malaysia |
| Delta Corp Logistics USA LLC | | United States of America |
