Video of the Brandon Royval vs Loneer Kavanagh Fight originally scheduled for Jul 11, 2026 will be primarily used to resolve the market; if a consensus by Kalshi employees cannot be reached using video, internal & external (official) transcripts of the Brandon Royval vs Loneer Kavanagh Fight originally scheduled for Jul 11, 2026 will be used.

Payout Criterion:

• The exact phrase/word, or a plural or possessive form of the phrase/word, must be used. Grammatical/tense inflections are otherwise not included.
• Commentary will count once the 1st round has begun and end once the referee has decided the fight; for example, commentary after the referee raises the winner's hand will NOT count. If a no contest is called in the fight or the ref calls the fight early commentary will continue to count until the winner is officially declared by the ring announcer. This market and these products have not been endorsed by Zuffa LLC, d/b/a Ultimate Fighting Championship, UFC. Any references to the “UFC,” or any other associated marks are descriptive only, and do not indicate an endorsement of this product or any affiliation between Zuffa and Kalshi.
• Promotional content aired during the event will count, but advertisements will not.
• Except as otherwise specified, previously aired content, archival footage, and recordings captured at times, places, or events wholly separate from the featured address will not count.
• Please see full rules for more details.

Event does not qualify:

• If an event is definitively cancelled or the event fails to qualify under the Payout Criterion, or any other circumstance prevents normal resolution, then the market for "Event does not qualify" resolves to Yes and all other markets will resolve to No.

Postponement:

• If the event is postponed, and such a postponement is announced by the end of the following calendar day to be rescheduled to a time within 14 calendar days, the markets shall remain open.