8-K
filed November 28, 2025, 6:59 PM ET
ticker VIVK
CIK 0001450704
other material
confidence high
sentiment neutral
materiality 0.75
Vivakor extinguishes $569K CEO note, suspends preferred dividend, grants voting rights to Series A holders
Vivakor, Inc.
- CEO-controlled Ballengee Holdings forgives $569,589 convertible note; Series A preferred holders forgo 6% annual dividend for one year.
- Series A Preferred now gets 96,731,000 votes (~35% of total) after filing amended certificate of designation.
- Issued 3,616,310 shares for preferred dividends; 1,557,808 shares to a consultant; 82,500 inducement shares - total ~5.3M new shares.
- Debt reduction and voting rights exchange approved by shareholders at 2025 annual meeting.
Key facts
Extracted from this filing and checked against the source text.
Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.9
Vivakor, Inc. issued 82,500 shares of our restricted common stock of common stock to an investor.
- Security
- common stock
- Shares
- 82,500 shares of our restricted common stock
- Purchaser
- an investor
Exact text from the filing
On November 26, 2025, we issued 82,500 shares of our restricted common stock to an investor as inducement shares under a previously disclosed Securities Purchase Agreement.
View on SEC.gov
Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.9
Vivakor, Inc. issued preferred stock.
- Security
- preferred stock
Exact text from the filing
the Company filed an Amended and Restated Certificate of Designation for its Series A Preferred Stock to add voting rights to the rights and preferences of the Series A Preferred Stock.
View on SEC.gov
Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.9
Vivakor, Inc. issued 1,557,808 shares of our restricted common stock of common stock to a consultant.
- Security
- common stock
- Shares
- 1,557,808 shares of our restricted common stock
- Purchaser
- a consultant
Exact text from the filing
On November 26, 2025, we issued 1,557,808 shares of our restricted common stock to a consultant under the terms of a Consulting Agreement.
View on SEC.gov
Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.9
Vivakor, Inc. issued an aggregate of 1,889,590 shares of common stock to Jorgan Development, LLC and JBAH Holdings, LLC, entities controlled by James Ballengee, our Chief Executive Officer, or their assignees.
- Security
- common stock
- Shares
- an aggregate of 1,889,590 shares
- Purchaser
- Jorgan Development, LLC and JBAH Holdings, LLC, entities controlled by James Ballengee, our Chief Executive Officer, or their assignees
Exact text from the filing
Of those shares, an aggregate of 1,889,590 shares were issued to Jorgan Development, LLC and JBAH Holdings, LLC, entities controlled by James Ballengee, our Chief Executive Officer, or their assignees.
View on SEC.gov
Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.9
Vivakor, Inc. issued 3,616,310 shares of our restricted common stock of common stock to holders of our Series A Preferred Stock.
- Security
- common stock
- Shares
- 3,616,310 shares of our restricted common stock
- Purchaser
- holders of our Series A Preferred Stock
Exact text from the filing
On November 26, 2025, we issued an aggregate of 3,616,310 shares of our restricted common stock for dividends owed on our Series A Preferred Stock for July 31, 2025 and October 31, 2025 to the holders of our Series A Preferred Stock.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.85
Vivakor, Inc. entered into Series A Preferred Agreement with holders of the Company's Series A Preferred Stock (effective 2025-11-25).
- Action
- entry
- Counterparty
- holders of the Company's Series A Preferred Stock
- Effective
- 2025-11-25
Exact text from the filing
On November 25, 2025, the Company entered into a Debt Satisfaction and Preferred Stock Amendment Agreement (the “Series A Preferred Agreement”), under which the holders of the Company’s Series A Preferred Stock agreed to forgo their rights to the Series A Preferred Stock 6% annual dividend from April 30, 2026 to April 29, 2027 in exchange for the Company agreeing to amend the Series A Preferred Stock Certificate of Designation to add voting rights to the rights and preferences of the Series A Preferred Stock.
View on SEC.gov
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