{"schema_version":"secwatch.filing_event.v1","accession":"0001829126-25-003839","form_type":"8-K","ticker":"VIVK","cik":"0001450704","company_name":"Vivakor, Inc.","filed_at":"2025-05-20T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.327719+00:00","generated_at":"2026-05-20T23:52:41.494158+00:00","sec_items":["3.02","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Vivakor raises $500K net via convertible notes; issues 1.76M shares for dividends to CEO-controlled entities","bullets":["Issued convertible notes with $575K principal ($500K net) to accredited investors; 12-month maturity, 10% interest at issuance, 15% OID.","Notes convertible at 80% of lower of prior day's close or avg of 4 lowest VWAPs over 20 trading days; also issued 75,000 inducement shares.","Issued 1,764,964 restricted common shares for Series A preferred dividends; 1,384,311 to CEO-controlled Jorgan Development, 13,983 to JBAH Holdings.","SPA allows up to $5.75M principal ($5M purchase) through June 30, 2025; initial close is $575K principal."],"urls":{"canonical":"https://secwatch.observer/filing/0001829126-25-003839","json":"https://secwatch.observer/filing/0001829126-25-003839.json","markdown":"https://secwatch.observer/filing/0001829126-25-003839.md","text":"https://secwatch.observer/filing/0001829126-25-003839.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1450704/000182912625003839/0001829126-25-003839-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1450704/000182912625003839/vivakor_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T23:52:41.494158+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}