secwatch.observer — SEC 8-K summary
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Issuer:     Vivakor, Inc. (VIVK)
CIK:        0001450704
Form:       8-K
Filed at:   2026-01-07T23:59:59+00:00
Accession:  0001829126-26-000094
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vivakor enters forbearance on $3.96M default; issues 37.9M shares on debt conversion
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- Default on $3.67M secured note to Cedarview leads to forbearance through Jan 23, 2026; long-term extension to Jan 2027 planned.
- Defaulted Note Amount as of Dec 31, 2025 is $3,955,578.38 including default interest and $200K collection expenses.
- Company must execute Long Term Forbearance Agreement and Confession of Judgment by Jan 23, 2026.
- Between Dec 31, 2025 and Jan 7, 2026, $256,690 of Lender Notes converted into 37,886,206 shares of common stock without restrictive legend.
- Issuance to seven accredited investors under Section 4(a)(2) exemption.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1450704/000182912626000094/0001829126-26-000094-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1450704/000182912626000094/vivakorinc_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-26-000094

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