M&A
confidence high
sentiment positive
materiality 0.60
Vivakor signs non-binding IOI to acquire M2i Global; note conversions disclosed
Vivakor, Inc.
- Executed Indication of Interest with M2i Global (OTCQB: MTWO) for potential equity-exchange acquisition; 30-day negotiation period.
- Deal would combine Vivakor's commodities/remediation with M2i's critical minerals platform to strengthen U.S. supply chain.
- Converted $65,280 of lender notes into 103,619 shares; J.J. Astor converted $475,000 into 741,830 shares, all unregistered.
- IOI non-binding; no assurance of LOI or definitive agreement; due diligence and approvals still required.