Vivakor (VIVK) said Friday it plans to issue a special dividend of 0.0079 shares of Adapti per Vivakor share.

Vivakor, which currently holds at 13.5% stake in Adapti, said it will establish a record date for the dividend in the next couple of weeks.

The special dividend is currently valued at about $815,000, the company said.

Vivakor shares were up more than 38% in recent premarket activity.