secwatch.observer — SEC 8-K summary
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Issuer:     Vivakor, Inc. (VIVK)
CIK:        0001450704
Form:       8-K
Filed at:   2025-02-14T23:59:59+00:00
Accession:  0001829126-25-001020
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vivakor enters consulting deal with WSGS LLC for up to $1.3M/yr in stock; CFO note extended
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- Consulting agreement with WSGS, LLC for management integration; annual fee up to $1.3M, paid in registered stock.
- Side letter with CFO Tyler Nelson extends promissory note maturity to June 30, 2025; 5% fee assessed on outstanding.
- Andre Johnson appointed VP HR with $200K salary, $75K annual equity, $250K signing bonus in stock.
- Issued 24,291 common and 56,880 Series A Preferred shares to sellers of Endeavor Entities as partial consideration.
- Issued 160,266 shares to CEO Ballengee and 105,213 shares to CFO Nelson for service bonuses.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1450704/000182912625001020/0001829126-25-001020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1450704/000182912625001020/vivakor_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-25-001020

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