secwatch.observer — SEC 8-K summary
======================================

Issuer:     Vivakor, Inc. (VIVK)
CIK:        0001450704
Form:       8-K
Filed at:   2026-03-05T23:59:59+00:00
Accession:  0001829126-26-001978
Event type: debt
Sentiment:  negative
Materiality: 0.75
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1450704/000182912626001978/0001829126-26-001978-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1450704/000182912626001978/vivakorinc_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-26-001978

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer