secwatch.observer — SEC 8-K summary
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Issuer:     Vivakor, Inc. (VIVK)
CIK:        0001450704
Form:       8-K/A
Filed at:   2024-12-13T23:59:59+00:00
Accession:  0001829126-24-008311
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vivakor files financial statements for acquired Endeavor Entities; combined sales $52.5M in 2023
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- Sales $52.5M, net income $3.6M for Endeavor Crude, Meridian, Equipment Transport combined in 2023.
- Total assets $90.3M; members' equity $25.5M as of Dec 31, 2023.
- Acquisition closed Oct 1, 2024; MIPA dated March 21, 2024, as amended.
- Pro forma unaudited financials for Vivakor included for periods ended Jun 30, Sep 30, 2024, and Dec 31, 2023.
- One customer accounted for 30% of 2023 revenue and 34% of accounts receivable.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1450704/000182912624008311/0001829126-24-008311-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1450704/000182912624008311/vivakorinc_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001829126-24-008311

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer