Vivakor enters forbearance on $6M note; extends maturity to Jan 2027 with escalating payments

Vivakor, Inc.

Outstanding principal ~$5.996M; maturity extended from Jan 7, 2026 to Jan 1, 2027; interest reduced to 9% during forbearance.
Weekly payments start at $50k on Apr 6, 2026, escalating to $250k by Dec 7, 2026; can be in cash or shares if VWAP > $1 and volume conditions met.
Company must use best efforts to regain Nasdaq trading by Feb 28, 2026 (or Apr 30 if reverse split filed); failure triggers 110% balance and 19% interest.
Stockholder meeting required by May 31, 2026 to approve transactions and increase authorized shares; no new convertible notes >$1M until note paid.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Vivakor, Inc. entered into Forbearance and Note Payment Amendment Agreement with J.J. Astor & Co. valued at extended maturity date to January 1, 2027; weekly payments from $50,000 to $250,000 (effective 2026-02-05).

Action: entry
Counterparty: J.J. Astor & Co.
Value: extended maturity date to January 1, 2027; weekly payments from $50,000 to $250,000
Effective: 2026-02-05

Exact text from the filing

On February 5, 2026, the Company entered into Forbearance and Note Payment Amendment Agreement (the “Agreement”) with the Lender.

View on SEC.gov

329 material agreements filed in the last 30 days. Browse all material agreements →

Vivakor, Inc. filing history →

Source: SEC EDGAR

accession 0001829126-26-000997

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.