other material
confidence high
sentiment neutral
materiality 0.65
Vivakor raises $3.5M in registered direct offering of common stock and pre-funded warrants
Vivakor, Inc.
- Issued 10,909,090 common shares at $0.22/sh and 5,000,000 pre-funded warrants at $0.219/sh for $3.5M gross proceeds.
- Offering closed on October 27, 2025; net proceeds to be used for working capital and general corporate purposes.
- D. Boral Capital LLC acted as exclusive placement agent; cash fee of 7% of gross proceeds plus non-accountable expenses.
- Pre-funded warrants exercisable at $0.001/sh immediately with a 4.99% (or 9.99% holder election) beneficial ownership limitation.
- Offering made under existing Form S-3 shelf registration effective February 10, 2023.