other material
confidence high
sentiment neutral
materiality 0.65
Vivakor raises $5M in registered direct offering of common stock and pre-funded warrants
Vivakor, Inc.
- Offering includes 8,417,645 shares at $0.2164/share and 14,689,851 pre-funded warrants at $0.2154/warrant.
- Pre-funded warrants exercisable at $0.001/share immediately with 4.99% (or 9.99%) ownership limitation.
- Gross proceeds ~$5M; net proceeds for working capital and general corporate purposes.
- Offering closed Oct 17, 2025; D. Boral Capital acted as sole placement agent.