---
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"
generated_at: "2026-05-20T23:52:41.494158+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Vivakor raises $500K net via convertible notes; issues 1.76M shares for dividends to CEO-controlled entities

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 3.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-25-003839
- JSON: https://secwatch.observer/filing/0001829126-25-003839.json
- Plain text: https://secwatch.observer/filing/0001829126-25-003839.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.