---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-22-007258"
form_type: "8-K"
ticker: "VIVK"
cik: "0001450704"
company_name: "Vivakor, Inc."
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T08:42:38.575725+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Vivakor appoints James Ballengee as CEO; to issue 7M shares to cancel $10M of notes

## Summary
- James Ballengee named CEO and Chairman; annual compensation of $1M in common stock at VWAP.
- Company to issue 7,042,254 restricted shares to cancel $10M of notes owed to Jorgan/JBAH, subject to shareholder approval.
- Ballengee gets rights to nominate two additional directors (third after note share issuance).
- Ballengee is sole manager of Jorgan Development, a seller in the prior $37.4M acquisition – related party.
- Note amendment requires filing a resale registration statement within 30 days of shareholder approval.

## SEC filing metadata
- accession: 0001683168-22-007258
- form_type: 8-K
- ticker: VIVK
- cik: 0001450704
- company_name: Vivakor, Inc.
- filed_at: 2022-11-03T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1450704/000168316822007258/0001683168-22-007258-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1450704/000168316822007258/vivakor_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-22-007258
- JSON: https://secwatch.observer/filing/0001683168-22-007258.json
- Plain text: https://secwatch.observer/filing/0001683168-22-007258.txt

## Key facts
- Executive change
  James Ballengee was appointed as Chief Executive Officer and President at Vivakor, Inc..
  - Action: appointed
  - Role: Chief Executive Officer and President
  source text: James Ballengee, 57, Chief Executive Officer and President
  evidence_url: https://www.sec.gov/Archives/edgar/data/1450704/000168316822007258/0001683168-22-007258-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.