Vivakor shareholders approve reverse split, authorized share increase; signs LOI to buy Coyote Oilfield Services

Vivakor, Inc.

Shareholders approved reverse stock split, increase in authorized shares, and other proposals at Dec 22 special meeting.
Authorized shares increased to 515M total (500M common, 15M preferred) via Certificate of Amendment filed Dec 23.
Signed non-binding LOI to acquire Coyote Oilfield Services, expected to close on or before Feb 28, 2026.
Coyote adds pipeline, terminal, and oilfield services capabilities to Vivakor's midstream platform.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Vivakor, Inc.: Increased authorized shares from prior amount to 515,000,000 (500,000,000 common, 15,000,000 preferred) (effective 2025-12-23).

Change: charter amendment
Effective: 2025-12-23

Exact text from the filing

On December 23, 2025, Vivakor, Inc. (the “Company”), in accordance with the approval of the holders of a majority of the Company’s outstanding voting shares delivered at the Special Meeting of the Company’s Shareholders held on December 22, 2025, filed a Certificate of Amendment (the “Amendment to Articles”) to the Company’s Amended and Restated Articles of Incorporation, as amended, with the Secretary of State of the State of Nevada effecting the increase of the number of shares of capital stock the Company is authorized to issue to 515,000,000, comprised of 500,000,000 shares of common stock, par value $0.001 per share, and 15,000,000 shares of preferred stock, par value $0.001 per share.

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13 governance changes filed in the last 30 days. Browse all governance changes →

Vivakor, Inc. filing history →

Source: SEC EDGAR

accession 0001829126-25-010272

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