Financing ·
Converts $1.97M of convertible note into 878,255 shares
VIVKVivakor, Inc.
Vivakor issued 878,255 shares of common stock to J.J. Astor & Co. upon the conversion of $1,972,472.08 in principal and accrued amounts under a junior secured convertible promissory note dated July 9, 2025. The company received notices of conversion on October 9, 2026, satisfying its obligations under the Second Note. The shares were issued without Rule 144 restrictive legends based on a legal opinion and are exempt from registration under Section 4(a)(2) as J.J. Astor is an accredited investor. Vivakor operates in the technology sector.