secwatch.observer — SEC 8-K summary
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Issuer:     Vivakor, Inc. (VIVK)
CIK:        0001450704
Form:       8-K
Filed at:   2026-10-15T21:14:26+00:00
Accession:  0001829126-26-011193
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 3.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Vivakor converts $1.97M of J.J. Astor note into 878,255 shares, retiring $5.94M Second Note
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- J.J. Astor converted $1,972,472.08 of Second Note debt into 878,255 common shares per Notices of Conversion dated Oct. 9, 2026 (~$2.25 implied per share).
- Conversions satisfy Vivakor's remaining obligations under the $5,940,000 junior secured convertible promissory note issued July 9, 2025.
- The Second Note stemmed from a Loan and Security Agreement with J.J. Astor; Vivakor received $4,400,000 before fees on the original principal.
- Shares were issued without a Rule 144 restrictive legend; exemption claimed under Section 4(a)(2), holder an accredited investor.
- Issuance adds 878,255 shares of dilution outstanding; 8-K signed by Chairman/President/CEO James H. Ballengee and dated Oct. 15, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1450704/000182912626011193/0001829126-26-011193-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1450704/000182912626011193/vivakorinc_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-26-011193

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