{"schema_version":"secwatch.filing_event.v1","accession":"0001829126-26-005245","form_type":"8-K","ticker":"VIVK","cik":"0001450704","company_name":"Vivakor, Inc.","filed_at":"2026-05-14T21:10:43+00:00","discovered_at":"2026-05-14T21:12:00.291393+00:00","generated_at":"2026-05-14T21:12:28.280285+00:00","sec_items":["1.01","3.02","7.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Vivakor closes $12M institutional convertible note offering, enters $100M equity line","bullets":["First closing of $6M received; second $6M tranche pending; total gross proceeds $12M from convertible notes with $15M principal (20% OID).","Notes convertible at greater of $0.37 or 80% of lowest 5-day VWAP; conversion capped at 4.99% beneficial ownership unless waived.","Entered $100M standby equity purchase agreement (SEPA) with 36-month term; shares sold at 94% of lowest 3-day VWAP.","Net proceeds for working capital, debt reduction, and commissioning of RPC in Houston, Texas.","Placement agent RBW Capital Partners received $540K cash fees and $100K legal fees."],"urls":{"canonical":"https://secwatch.observer/filing/0001829126-26-005245","json":"https://secwatch.observer/filing/0001829126-26-005245.json","markdown":"https://secwatch.observer/filing/0001829126-26-005245.md","text":"https://secwatch.observer/filing/0001829126-26-005245.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1450704/000182912626005245/0001829126-26-005245-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1450704/000182912626005245/vivakorinc_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-14T21:12:28.280285+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"239f4a7e1e51bb71df9a7c61564164221e8780ff","claim":"Vivakor, Inc. entered into Standby Equity Purchase Agreement with one of the Investors valued at up to $100,000,000 (effective 2026-05-07).","evidence_excerpt":"on May 7, 2026, the Company entered into a standby equity purchase agreement (the “SEPA”) with one of the Investors (the “SEPA Investor”), under which the SEPA Investor has committed to purchase from the Company up to $100,000,000 of shares of the Company’s common stock in an equity line of credit (the “Equity Line\")","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1450704/000182912626005245/0001829126-26-005245-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"one of the Investors"},{"label":"Value","value":"up to $100,000,000"},{"label":"Effective","value":"2026-05-07"}],"fact_type":"material_agreement"},{"claim_id":"60f73718fe0d7c1fcb6a48e922eff22f7bed1306","claim":"Vivakor, Inc. entered into Securities Purchase Agreement with certain institutional investors valued at up to $12.0 million (effective 2026-05-08).","evidence_excerpt":"On May 8, 2026, Vivakor, Inc. (the “Company”) closed the first tranche of a transaction with certain institutional investors (the “Investors”) under the terms of a Securities Purchase Agreement (the “SPA”) to issue and sell to each of the Investors promissory notes (the “Notes”), for aggregate gross proceeds to the Company of up to $12.0 million (the “ Purchase Price\")","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1450704/000182912626005245/0001829126-26-005245-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"certain institutional investors"},{"label":"Value","value":"up to $12.0 million"},{"label":"Effective","value":"2026-05-08"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}