Vivakor borrows $750K from J.J. Astor; issues Fourth Note, pledges Oklahoma property

Vivakor, Inc.

Borrowed $750K ($710K net after fees) via Fourth Junior Secured Convertible Promissory Note to J.J. Astor.
Note matures April 6, 2026; default triggers 19% interest, 110% principal, 80% discount conversion.
Conveyed ~25-acre Oklahoma property as additional collateral; property reconveyed if note paid in full.
Relisting deadline on Nasdaq extended to April 6, 2026 under Fourth Forbearance Agreement.
Company had $5.996M outstanding on Second Note as of Feb 5, 2026; multiple forbearance agreements in place.

item 1.01 item 3.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.75

Vivakor, Inc. issued convertible note to the Lender (an accredited investor).

Security: convertible note
Purchaser: the Lender (an accredited investor)

Exact text from the filing

As disclosed in Item 1.01, on October 8, 2025, we issued the Fourth Note to the Lender, which contains a standard Rule 144 restrictive legend. The issuance of the foregoing securities were exempt from registration pursuant to Section 4(a)(2) of the Securities Act promulgated thereunder as the Lender is an accredited investor and familiar with our operations based on representations in the Loan Agreement Amendment No. 3 and the Fourth Note.

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Vivakor, Inc. filing history →

Source: SEC EDGAR

accession 0001829126-26-001978

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