Vivakor Inc. has entered into a Forbearance and Note Payment Amendment Agreement with J.J. Astor & Co., amending the terms of a previously issued $5.94 million junior secured convertible promissory note. The agreement extends the note’s maturity date to January 1, 2027, and sets a revised payment schedule, requiring Vivakor to make escalating weekly payments starting at $50,000 in April 2026 and rising to $250,000 by December 2026. The agreement also allows Vivakor to fulfill payment obligations in shares of common stock under certain conditions. Additionally, Vivakor has committed to use its best efforts to regain compliance and reinstatement on the Nasdaq Capital Market by February 28, 2026, with a possible extension to April 30, 2026, if regulatory approval for a reverse stock split is pending. Failure to comply with the agreement will result in the outstanding principal plus accrued interest increasing to 110% of the balance, with interest accruing at 19% per annum and the full amount becoming immediately due.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vivakor Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001829126-26-000997), on February 05, 2026, and is solely responsible for the information contained therein.