other material
confidence high
sentiment negative
materiality 0.85
Vivakor resets special dividend to April 2026; converts $2.42M debt into 159.9M shares
Vivakor, Inc.
- Special dividend of Adapti shares reset to April 30, 2026 due to SEC filing delays from government shutdown.
- Vivakor holds 206,595 shares of Adapti (OTC:ADTI) to be distributed to record holders as of Sept 5, 2025.
- Converted $2,419,766.75 of convertible notes into 159,931,717 shares of common stock (no restrictive legend).
- Original notes issued June 2025 for $5.12M aggregate principal; net proceeds $4.35M.