other material
confidence high
sentiment neutral
materiality 0.70
Vivakor raises ~$2.55M via registered direct offering of common stock and pre-funded warrants
Vivakor, Inc.
- Issued 10.6M shares at $0.18/share and 3.566M pre-funded warrants at $0.179 (nominal exercise $0.001) for gross proceeds ~$2.55M.
- Offering closed Oct 31, 2025; underwritten by D. Boral Capital LLC with 7% cash fee.
- Proceeds used for working capital and general corporate purposes.
- Warrants exercisable immediately, subject to 4.99% (or up to 9.99%) beneficial ownership limitation.