other material
confidence high
sentiment negative
materiality 0.65
Vivakor sets 1-for-15 reverse split effective Oct 5, 2026, its second split in under three months
Vivakor, Inc.
- Outstanding shares to fall from approximately 8,981,898 to approximately 598,794; authorized shares unchanged; new CUSIP 92852R700.
- Board previously approved a separate 1-for-20 reverse split that took effect July 17, 2026; stockholders at the June 30, 2026 annual meeting authorized ratios from 1:2 to 1:2,000.
- Vivakor states the split is intended to raise the per-share trading price and support continued listing on the Nasdaq Capital Market; trading continues under 'VIVK'.
- No fractional shares will be issued; holders who would otherwise receive a fractional share get one whole share.