Vivakor Issues Over 10.9 Million Shares Upon Conversion of $1.05 Million in Notes

Reuters
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Vivakor Issues Over 10.9 Million Shares Upon Conversion of $1.05 Million in Notes

Vivakor Inc. issued a total of 10,915,027 shares of common stock to J.J. Astor & Co. following the conversion of three portions of its junior secured convertible promissory note: $350,000 on October 10, 2025 (3,323,837 shares), $350,000 on October 15, 2025 (3,796,095 shares), and $350,000 on October 16, 2025 (3,795,095 shares). The shares were issued without a restrictive legend, and the price per transaction was $350,000 each.

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: 0001829126-25-008207), on October 17, 2025, and is solely responsible for the information contained therein.

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