Vivakor Inc. announced several share transactions with J.J. Astor & Co. as part of a convertible promissory note agreement. On September 29, 2025, J.J. Astor & Co. converted $700,000 of the note into 5,235,602 shares of Vivakor's common stock. Previously, $200,000 was converted into 720,072 shares and another $200,000 was converted into 1,084,011 shares. Additionally, 250,000 shares were issued as Commitment Shares. The transactions were completed without a restrictive legend and were exempt from registration under Section 4(a)(2) of the Securities Act. No per-share price was specified in the filing.
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