secwatch.observer — SEC 8-K summary
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Issuer:     Vivakor, Inc. (VIVK)
CIK:        0001450704
Form:       8-K
Filed at:   2026-02-05T23:59:59+00:00
Accession:  0001829126-26-000997
Event type: debt
Sentiment:  negative
Materiality: 0.80
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1450704/000182912626000997/0001829126-26-000997-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1450704/000182912626000997/vivakorinc_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-26-000997

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