secwatch.observer — SEC 8-K summary
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Issuer:     Vivakor, Inc. (VIVK)
CIK:        0001450704
Form:       8-K
Filed at:   2026-11-10T22:27:56+00:00
Accession:  0001829126-26-012212
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Vivakor pays ex-COO Les Patterson $20K/month in stock; J.J. Astor converts $844,622 of note into 4.35M shares
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- Consulting Agreement dated Nov 4, 2026 with former Chief Operating Officer Les Patterson for logistical services; compensation is $20,000 in Company shares per month.
- J.J. Astor converted $844,622 of the Fourth Note between Nov 4-6, 2026 into 4,351,341 VIVK shares, issued without a Rule 144 restrictive legend.
- Fourth Note: $993,750 principal issued Feb 27, 2026 to J.J. Astor & Co. under a Loan and Security Agreement; Vivakor received $710,000 before fees.
- Vivakor states all obligations under the convertible promissory notes issued to J.J. Astor are satisfied and no amounts remain outstanding.
- Conversion equates to roughly $0.194 per share; shares issued under Section 4(a)(2) exemption, with Patterson also covered by that exemption.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1450704/000182912626012212/0001829126-26-012212-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1450704/000182912626012212/vivakorinc_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-26-012212

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