Vivakor reschedules special dividend payment for shareholders to October 31, 2025, amid ongoing information collection.
Quiver AI Summary
Vivakor, Inc. announced a new payment date for its previously declared special dividend, now set for October 31, 2025, after needing additional time to clarify information about eligible shareholders. The ex-dividend date was September 5, 2025, and each shareholder will receive approximately 0.0074 shares of Adapti, Inc. common stock per Vivakor share, excluding shares held by Vivakor's executives who waived their rights. The total value of the dividend is around $0.200 million, based on Adapti's current share price of $1.00. Vivakor holds about 13.5% of Adapti, Inc., which recently acquired a sports agency aiming to integrate with its existing technology platform. Vivakor focuses on energy transportation, storage, reuse, and remediation services and continues to manage various assets within the energy sector.
Potential Positives
- The resetting of the special dividend payment date demonstrates Vivakor's commitment to ensuring accurate and fair distribution of dividends to its shareholders.
- Shareholders will receive approximately 0.0074 shares of Adapti, Inc. common stock per share of Vivakor, providing a tangible benefit for investors.
- The acquisition of a multi-platform sports agency by Adapti, which Vivakor has a stake in, could lead to increased growth opportunities and revenue potential in the future.
- Vivakor's ongoing integration of innovative technologies, such as the AdaptAI software platform, indicates a forward-looking approach that may enhance its market position.
Potential Negatives
- The reset of the payment date for the special dividend may signal uncertainty or operational issues within the company, raising concerns among shareholders about management's effectiveness.
- Vivakor's Chairman, President, and CEO, along with the former Chief Financial Officer, waived their rights to the dividend, which could lead to speculation about internal confidence in the company's current financial position.
- The special dividend's value of approximately $0.200 million is relatively low compared to the number of outstanding shares, which may indicate weaker financial performance than expected.
FAQ
What is the new payment date for Vivakor's special dividend?
The new payment date for Vivakor's special dividend is October 31, 2025.
When was the ex-dividend date for Vivakor's shares?
The ex-dividend date for Vivakor's shares was September 5, 2025.
What percentage of Adapti, Inc. does Vivakor own?
Vivakor currently holds approximately 13.5% of the outstanding common shares of Adapti, Inc.
How much is each Vivakor shareholder entitled to receive in the dividend?
Each Vivakor shareholder will receive approximately 0.0074 shares of Adapti, Inc. common stock per Vivakor share.
What services does Vivakor provide?
Vivakor provides integrated transportation, storage, reuse, and remediation services in the energy sector.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$VIVK Hedge Fund Activity
We have seen 5 institutional investors add shares of $VIVK stock to their portfolio, and 11 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- INSCRIPTION CAPITAL, LLC added 945,900 shares (+inf%) to their portfolio in Q2 2025, for an estimated $756,720
- VANGUARD GROUP INC added 549,725 shares (+263.8%) to their portfolio in Q2 2025, for an estimated $439,780
- GREAT VALLEY ADVISOR GROUP, INC. removed 69,357 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $52,017
- CITADEL ADVISORS LLC removed 55,073 shares (-80.5%) from their portfolio in Q2 2025, for an estimated $44,058
- UBS GROUP AG removed 43,378 shares (-89.0%) from their portfolio in Q2 2025, for an estimated $34,702
- STEWARD PARTNERS INVESTMENT ADVISORY, LLC removed 37,774 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $28,330
- GEODE CAPITAL MANAGEMENT, LLC added 35,903 shares (+21.6%) to their portfolio in Q2 2025, for an estimated $28,722
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
Dallas, TX, Sept. 26, 2025 (GLOBE NEWSWIRE) -- Vivakor, Inc. (Nasdaq: VIVK) (“Vivakor” or the “Company”), an integrated provider of energy transportation, storage, reuse, and remediation services, reset the payment date of the previously-announced special dividend to Vivakor shareholders as October 31, 2025. The ex-dividend date was September 5, 2025. The dividend payment date was reset to accommodate the need to obtain and provide additional information regarding dividend-eligible shareholders.
Based on Vivakor’s shares outstanding of 49,102,070 as of the ex-dividend date and excluding 20,963,229 shares held by the Company’s Chairman, President, and Chief Executive Officer and former Chief Financial Officer, who waived their right to the dividend, each Vivakor shareholder will be entitled to receive approximately 0.0074 shares of Adapti, Inc. common stock per Vivakor share. Based on the current $1.00 share price of Adapti’s common stock, the special dividend is currently valued at approximately $0.200 million.
Vivakor currently holds 206,595 (approximately 13.5% of the outstanding common) shares of Adapti, Inc. (OTCID: ADTI), a company that recently acquired a multi-platform sports agency representing amateuer and professional athletes at all levels that they intend to integrate withtheir pre-existing AdaptAI software platform that matches products with influencers to market athletic careers and associated branding opportunities. The acquired sports agency was previously owned by an entity controlled by James Ballengee, Vivakor’s Chairman, President and CEO.
About Vivakor, Inc.
Vivakor, Inc. is an integrated provider of transportation, storage, reuse, and remediation services. It endeavors to develop, acquire, accumulate, and operate assets, properties, and technologies in the energy sector. Vivakor’s integrated facilities assets provide crude oil storage, transportation, future reuse, and remediation services under long-term contracts. Vivakor’s oilfield waste remediation facilities will facilitate the recovery, reuse, and disposal of petroleum byproducts and oilfield waste products.
For more information, please visit our website: http://vivakor.com
Cautionary Statement Regarding Forward-Looking Statements
This news release may contain forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based upon the current beliefs and expectations of our management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond our control. Actual results and the timing of events may differ materially from the results anticipated in these forward-looking statements. Forward-looking statements may be identified but not limited by the use of the words “anticipates,” “expects,” “intends,” “plans,” “should,” “could,” “would,” “may,” “will,” “believes,” “estimates,” “potential,” or “continue” and variations or similar expressions. Our actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties, including, but not limited to, fluctuations in global and regional oil and gas prices and markets, the risk that any required regulatory approvals are not obtained, are delayed or are subject to unanticipated conditions that could adversely affect Vivakor, our ability to maintain the listing of our securities on The Nasdaq Capital Market , the parties failure to realize the anticipated benefits of pending transactions, disruption and volatility in the global currency, capital, and credit markets, changes in federal, local and foreign governmental regulation, changes in tax laws and liabilities, tariffs, legal, regulatory, political and economic risks, our ability to successfully develop products, rapid change in our markets, changes in demand for our future products, and general economic conditions.
These risks and uncertainties include, but are not limited to, risks and uncertainties discussed in Vivakor’s filings with the U.S. Securities and Exchange Commission, which factors may be incorporated herein by reference. Actual results, performance or achievements may differ materially, and potentially adversely, from any projections and forward-looking statements and the assumptions on which those forward-looking statements are based. There can be no assurance that the data contained herein is reflective of future performance to any degree. You are cautioned not to place undue reliance on forward-looking statements as a predictor of future performance as projected financial information and other information are based on estimates and assumptions that are inherently subject to various significant risks, uncertainties and other factors, many of which are beyond our control. All information set forth herein speaks only as of the date hereof in the case of information about Vivakor or the date of such information in the case of information from persons other than Vivakor, and we disclaim any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this communication. Forecasts and estimates regarding Vivakor’s industries and markets are based on sources we believe to be reliable; however, there can be no assurance these forecasts and estimates will prove accurate in whole or in part.
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