Vivakor Issues 9.2 Million Shares in Convertible Note Conversion

Reuters01-26
Vivakor Issues 9.2 Million Shares in Convertible Note Conversion

Vivakor Inc. has announced that it issued convertible promissory notes to seven non-affiliated accredited investors, raising a total principal amount of $5,117,647.06 through a Securities Purchase Agreement. The company received $4,350,000 before customary fees. On January 16, 2026, two of the lenders converted $41,165 of their notes into 9,215,789 shares of Vivakor’s common stock. These shares were issued without a Rule 144 restrictive legend, based on legal opinions provided to the company and its transfer agent. The securities were issued as an unregistered sale, exempt from registration under Section 4(a)(2) of the Securities Act.

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