secwatch.observer — SEC 8-K summary
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Issuer:     Vivakor, Inc. (VIVK)
CIK:        0001450704
Form:       8-K
Filed at:   2025-04-15T23:59:59+00:00
Accession:  0001829126-25-002672
Event type: debt
Sentiment:  negative
Materiality: 0.65
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vivakor restructures Cedarview loan; owes $3.77M, issues 300k shares and % of future proceeds
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- Side letter amends Oct 2024 loan; balance $3,768,678.08 as of March 1, 2025.
- Payment schedule: $589,890.37 on April 9, two $150k payments, then four $645,684.69 payments.
- Cedarview gets 30% of future ELOC drawdowns and asset sale proceeds as loan payments.
- Issued 300,000 restricted shares to Cedarview; also issued 350,000 shares to Justin Ellis on note conversion.
- Issued 107,789 Series A Preferred shares to Endeavor sellers (including 84,931 to CEO-affiliate Jorgan).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1450704/000182912625002672/0001829126-25-002672-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1450704/000182912625002672/vivakor_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-25-002672

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