Vivakor subsidiary leases 3.5 acres in Houston; appoints David Natan to board

Vivakor, Inc.

Subsidiary VivaVentures Remediation Corp. entered 126-month land lease for ~3.5 acres near Houston, TX.
Monthly rent starts at $0 for months 1-3, then $5,687.50 (months 4-6), rising to ~$14,560 by end of initial term.
Leased property to house Remediation Processing Machines (RPCs) for oil remediation and equipment storage.
David Natan appointed to Board as Audit Committee Chair, also on Compensation and Nominating/Governance committees.
Natan has extensive public company experience, including 20+ M&A transactions and CFO roles.

item 1.01 item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

David Natan

member of the Board

VIVK · Vivakor, Inc.

Effective: 2022-12-15
Filed: December 21, 2022, 6:59 PM ET

On December 15, 2022, the Board of Directors (the “Board”) of the Company appointed David Natan to the Board, as Chair of the Audit Committee and as a member of the Compensation Committee and the Nominating and Governance Committee, and Mr. Natan accepted appointment to such positions.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

David Natan was appointed as member of the Board at Vivakor, Inc..

Action: appointed
Role: member of the Board

Exact text from the filing

On December 15, 2022, the Board of Directors (the “Board”) of the Company appointed David Natan to the Board, as Chair of the Audit Committee and as a member of the Compensation Committee and the Nominating and Governance Committee, and Mr. Natan accepted appointment to such positions.

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Vivakor, Inc. entered into Land Lease Agreement with W&P Development Corporation valued at Monthly rent is $0 for the first three months and then, beginning at month 4, is approximately $7,00 (effective 2022-12-16).

Action: entry
Agreement: lease
Counterparty: W&P Development Corporation
Value: Monthly rent is $0 for the first three months and then, beginning at month 4, is approximately $7,00
Effective: 2022-12-16

Exact text from the filing

On December 16, 2022, a subsidiary of Vivakor, Inc. (the “Company”), VivaVentures Remediation Corp., entered into a Land Lease Agreement (the “Land Lease”) with W&P Development Corporation, under which the Company agreed to lease approximately 3.5 acres of land in Houston, Texas (commonly known as The San Jacinto River & Rail Park, 18511 Beaumont Highway, Houston, Texas).

View on SEC.gov

38 material agreements filed in the last 30 days. Browse all material agreements →

Vivakor, Inc. filing history →

Source: SEC EDGAR

accession 0001683168-22-008581

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.