Recent Updates — VIVK
Vivakor issued common stock upon the conversion of convertible promissory notes held by accredited investors, issuing 40,116 shares for $15,647.05 and 603,555 shares for $250,000 on September 2, 2026. The company also announced an extension of the payment date for a special dividend of Adapti, Inc. common stock from September 5, 2026 to January 29, 2027, citing time needed to complete regulatory registration requirements. Vivakor operates in the energy sector, providing integrated crude oil transportation, storage, reuse, and remediation services.
Vivakor, Inc. reported several significant equity conversions from convertible promissory notes, including 371,000 shares issued to a single holder, 448,038 shares to several lenders, and 1,631,014 shares to J.J. Astor & Co. Additionally, the company's subsidiary, Vivakor Supply & Trading, LLC, announced two new recurring physical crude oil purchase and sale transactions expected to generate $384 million in annualized activity, bringing the total platform's annualized activity to over $1.09 billion. The company also announced that capital funding for its Houston Remediation Processing Center has been fulfilled, allowing commissioning activities to begin. Vivakor, Inc. is an integrated provider of sustainable energy transportation, storage, reuse, and remediation services.
Vivakor, Inc. entered into an amendment to a debt satisfaction and preferred stock agreement to extinguish a $500,000 promissory note dated May 23, 2024, in exchange for reinstating the 6% annual dividend on Series A Preferred Stock from April 30, 2026, to April 29, 2027, and issuing 3,740,586 shares of restricted common stock for those dividend periods. A portion of 1,445,349 shares were issued to entities controlled by CEO James Ballengee. Vivakor, Inc. is a technology-driven company focused on waste-to-value recycling and recycling-related technologies.
At its June 30, 2026 annual meeting, Vivakor, Inc. stockholders approved several material items, including a reverse stock split, a plan amendment, and multiple stock issuances related to May 2026 financing, James Ballengee, consultants, and J.J. Astor. The company also announced a new recurring crude oil transaction through the Enterprise Products Cushing Terminal and reset the payment date for a special dividend of Adapti, Inc. shares to September 5, 2026. The company operates in the energy sector, focusing on crude oil transactions and related technologies.
Vivakor, Inc. issued 355,979 shares of common stock to a lender following the conversion of $103,100.78 of convertible promissory notes into equity. The company also announced its first quarter 2026 financial results and expects its Houston remediation processing facility to become operational in the third quarter of 2026. Vivakor, Inc. operates in the environmental remediation and technology sector.