Vivakor issues 6.7M shares as partial consideration for $120M Endeavor purchase

Vivakor, Inc.

Issued 6,700,000 shares of common stock to Sellers on Dec 2, 2024, as part of MIPA.
4,999,500 shares to Jorgan Development, LLC and 50,500 to JBAH Holdings, LLC; remainder to non-related parties per seller instruction.
Sellers are controlled by CEO James Ballengee; issuance exempt under Section 4(a)(2).
Purchase price of $120M subject to post-closing adjustments; final calculation still pending.

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.