---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-24-000700"
form_type: "8-K"
ticker: "VIVK"
cik: "0001450704"
company_name: "Vivakor, Inc."
filed_at: "2024-02-02T23:59:59+00:00"
generated_at: "2026-06-06T09:52:17.848765+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Vivakor receives $1M loan at 10% with CEO guarantee; issues 100k restricted shares

## Summary
- Loan principal of $1,000,000 from non-affiliate individual lender, matures Dec 31, 2024.
- Annual interest rate of 10%; loan personally guaranteed by CEO James Ballengee.
- In connection, Company issued 100,000 restricted common shares under Section 4(a)(2) exemption.

## SEC filing metadata
- accession: 0001829126-24-000700
- form_type: 8-K
- ticker: VIVK
- cik: 0001450704
- company_name: Vivakor, Inc.
- filed_at: 2024-02-02T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1450704/000182912624000700/0001829126-24-000700-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1450704/000182912624000700/vivakor_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-24-000700
- JSON: https://secwatch.observer/filing/0001829126-24-000700.json
- Plain text: https://secwatch.observer/filing/0001829126-24-000700.txt

## Key facts
- Debt Financings
  Vivakor, Inc. incurred loan of $1,000,000 with individual lender at 10% per annum maturing December 31, 2024.
  - Instrument: loan
  - Principal: $1,000,000
  - Counterparty: individual lender
  - Rate: 10% per annum
  - Maturity: December 31, 2024
  - Event: incurrence
  source text: On December 5, 2023, Vivakor, Inc. (the “Company”) received a loan from an individual lender in the principal amount of one million dollars ($1,000,000)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1450704/000182912624000700/0001829126-24-000700-index.htm

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