Vivakor Issues 11.9 Million Shares in Convertible Note Conversion

Reuters01-17
Vivakor Issues 11.9 Million Shares in Convertible Note Conversion

Vivakor Inc. has announced the issuance of 11,904,762 shares of its common stock to J.J. Astor & Co. following the conversion of $50,000 of a junior secured convertible promissory note. The shares were issued without a Rule 144 restrictive legend, based on a legal opinion, and the transaction was exempt from registration under Section 4(a)(2) of the Securities Act, as the recipient is an accredited investor. The original note, with a principal amount of $5,940,000, was part of an amended loan agreement, and Vivakor received $4,400,000 in related funding in July 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vivakor Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001829126-26-000381), on January 16, 2026, and is solely responsible for the information contained therein.

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