Dividends & Buybacks ·
Vivakor implements 1-for-15 reverse stock split to maintain Nasdaq listing compliance
VIVKVivakor, Inc.
Vivakor, Inc. announced a 1-for-15 reverse stock split effective at the opening of trading on October 5, 2026, to increase its per-share price and maintain Nasdaq Capital Market listing compliance. Concurrently, Executive Vice President and Chief Operating Officer Leslie D. Patterson resigned effective September 24, 2026, under a transition agreement requiring payment of $150,000 plus owed wages, with future consulting compensation to be paid in common stock. The company operates in the energy sector, providing integrated sustainable energy transportation, storage, reuse, and remediation services.