Vivakor Executes Reverse Stock Split to Advance Nasdaq Continued Listing

Rhea-AI Summary

Vivakor (OTC: VIVK) completed a 1-for-200 reverse stock split effective March 24, 2026 to pursue Nasdaq continued listing compliance. The company adjusted issued and outstanding shares from 410,068,820 to approximately 2,050,344, with no fractional shares issued.

Vivakor must satisfy Nasdaq's $1.00 minimum bid price for ten consecutive trading days by April 30, 2026 to be reinstated on the Nasdaq Capital Market; upon reinstatement the company will be subject to a one-year Mandatory Panel Monitor.

Positive

• Issued shares reduced from 410,068,820 to ~2,050,344
• Reverse split positions company to regain Nasdaq compliance if Bid Price Rule met by April 30, 2026

Negative

• Company must achieve a $1.00 closing bid for ten consecutive trading days by April 30, 2026
• If reinstated, stock will face a one-year Mandatory Panel Monitor under Nasdaq procedures

Key Figures

Reverse split ratio: 1-for-200 Pre-split shares: 410,068,820 shares Post-split shares: approximately 2,050,344 shares +5 more

8 metrics

Reverse split ratio 1-for-200 Reverse stock split of Vivakor common stock effective March 24, 2026

Pre-split shares 410,068,820 shares Issued and outstanding common stock prior to reverse split

Post-split shares approximately 2,050,344 shares Issued and outstanding common stock after reverse split

Authorized common stock 500,000,000 shares Authorized common stock remains unchanged after reverse split

Nasdaq minimum bid $1.00 Minimum bid price requirement for Nasdaq Capital Market compliance

Bid price duration 10 trading days Closing bid must be at least $1.00 for ten consecutive days

Compliance deadline April 30, 2026 Deadline to regain compliance with Nasdaq minimum bid price rule

Par value $0.001 Par value per share of Vivakor common stock

Market Reality Check

Price: $0.0159 Vol: Volume 3,842,099 is 127.9...

high vol

$0.0159 Last Close

Volume Volume 3,842,099 is 127.98x the 20-day average of 30,020, indicating unusually high trading interest pre-announcement. high

Technical Shares trade well below the 200-day MA of 73.49, reflecting a deeply depressed pre-split price base.

Peers on Argus

Sector peers show mixed moves: CGBS (-39.67%), SKYQ (-15.12% in sector list but ...

2 Up

Sector peers show mixed moves: CGBS (-39.67%), SKYQ (-15.12% in sector list but appeared up in momentum scan), SLNG (-5.49%), DEC (+1.7%), PXS (-3.28%). Momentum scanner flagged only two peers (SKYQ, BANL) on the upside, suggesting Vivakor’s reverse split and listing-compliance path are stock-specific rather than part of a broad sector rotation.

Historical Context

5 past events · Latest: Mar 16 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Mar 16	Nasdaq listing path	Positive	+33.0%	Nasdaq Panel granted conditional path to continued listing, pending bid compliance.
Feb 09	Forbearance agreements	Positive	+43.8%	Forbearance with noteholders and LOI-based liquidity steps reduced near-term pressure.
Feb 02	Midstream sale LOI	Positive	-8.6%	Non-binding LOI to sell Oklahoma STACK midstream business for about $36M.
Dec 30	Dividend payment reset	Negative	-8.3%	Reset of special dividend payment date with warning it may be further adjusted.
Dec 22	Acquisition LOI	Positive	-17.4%	LOI to acquire Coyote Oilfield Services to expand integrated midstream capabilities.

Pattern Detected

Recent history shows strong positive reactions to steps that address Nasdaq listing and balance sheet structure, while strategic asset transactions and acquisitions sometimes saw negative price divergence.

Recent Company History

Over the last few months, Vivakor has focused on balance sheet restructuring and Nasdaq listing compliance. A March 16, 2026 decision granting a conditional path to continued Nasdaq listing saw a +33.04% move. Forbearance deals and a non-binding LOI tied to a potential $36 million midstream sale on February 9, 2026 drew a +43.82% reaction. Earlier, the LOI to sell the Oklahoma STACK midstream business and a special dividend payment reset each saw mid-single to high-teens percentage declines, as did the planned Coyote Oilfield Services acquisition.

Regulatory & Risk Context

Active S-3 Shelf

Shelf Active

Active S-3 Shelf Registration 2025-08-27

Vivakor has an active S-3 shelf registration filed on 2025-08-27. The shelf prospectus describes securities issuable upon conversion or payment of notes and cites 48,051,097 common shares outstanding as of August 20, 2025. The shelf has been used in at least 3 prospectus supplements (Form 424B5) in October 2025, indicating prior capital markets activity under this registration.

Market Pulse Summary

This announcement centers on a 1-for-200 reverse stock split designed to support Vivakor’s plan to r...

Analysis

This announcement centers on a 1-for-200 reverse stock split designed to support Vivakor’s plan to regain compliance with Nasdaq’s $1.00 minimum bid requirement by April 30, 2026. Issued and outstanding shares were reduced from 410,068,820 to about 2,050,344, while authorized common stock remains at 500,000,000. In recent months, the company has combined listing-focused steps with forbearance agreements and strategic LOIs, so investors may watch how this share structure interacts with existing debt arrangements and the Nasdaq monitoring period after any reinstatement.

Key Terms

reverse stock split, nasdaq hearings panel, nasdaq capital market, minimum bid price requirement, +1 more

5 terms

reverse stock split financial

"announced it completed a 1-for-200 reverse stock split of its common stock"

A reverse stock split is when a company reduces the number of its shares outstanding, making each share more valuable. For example, if you own 100 shares worth $1 each, a 1-for-10 reverse split would turn your 100 shares into 10 shares worth $10 each. Companies often do this to boost their stock price and appear more stable to investors.

nasdaq hearings panel regulatory

"requirements set forth by the Nasdaq Hearings Panel necessary for the Company"

A Nasdaq hearings panel is a group of experts that reviews cases when a company's stock listing is at risk of being removed from the exchange. They evaluate whether the company has met certain standards and determine if it can keep trading on Nasdaq. This process matters to investors because it can affect a company's ability to raise money and maintain credibility in the market.

nasdaq capital market regulatory

"continue the listing of its common stock on the Nasdaq Capital Market"

The Nasdaq Capital Market is a platform where smaller, emerging companies can list their shares for trading by investors. It provides these companies with access to funding and visibility, helping them grow, much like a local marketplace where new vendors can introduce their products to potential customers. For investors, it offers opportunities to discover early-stage companies with growth potential.

minimum bid price requirement regulatory

"regains compliance with Nasdaq’s $1.00 minimum bid price requirement by April 30"

A minimum bid price requirement is a rule that a stock must trade above a set price for a specified period to stay listed on an exchange. It matters to investors because falling below that threshold can trigger warnings or removal from the exchange, which can cut liquidity, reduce visibility, and often lead to sharper declines in share value—think of it like a venue’s minimum dress code that, if not met, can bar a performer from the stage.

mandatory panel monitor regulatory

"will be placed on a one-year Mandatory Panel Monitor in accordance with Nasdaq procedures"

A mandatory panel monitor is an independent group tasked with regularly reviewing safety and key results during a clinical trial or regulated program to protect participants and ensure the study is conducted properly. For investors, this matters because the panel can recommend changes, pauses, or early stopping of a trial — actions that can speed up, delay, or quietly derail a program and therefore materially affect a company’s timeline and value, much like a referee whose calls change the outcome of a game.

AI-generated analysis. Not financial advice.

Dallas, TX, March 26, 2026 (GLOBE NEWSWIRE) -- Vivakor, Inc. (OTC: VIVK) (“Vivakor” or the “Company”), an integrated provider of energy transportation, storage, reuse, and remediation services, today announced it completed a 1-for-200 reverse stock split of its common stock, which went into effect on Tuesday, March 24, 2026. The reverse stock split is aimed at satisfying the requirements set forth by the Nasdaq Hearings Panel necessary for the Company to continue the listing of its common stock on the Nasdaq Capital Market.

As previously disclosed on March 16, 2026, the Nasdaq Hearings Panel granted the Company’s request for continued listing on the Nasdaq Stock Market, provided the Company regains compliance with Nasdaq’s $1.00 minimum bid price requirement by April 30, 2026. To regain compliance with Nasdaq’s minimum bid price requirement, the closing bid price of the Company’s common stock must be $1.00 or greater for ten consecutive trading days (the “Bid Price Rule”).

Pursuant to the reverse stock split, the Company’s issued and outstanding common stock, par value of $0.001, was adjusted from 410,068,820 shares to approximately 2,050,344 shares. No fractional shares were issued, and any resulting fractional shares were rounded up to the next whole share. The Company's authorized common stock, remains at 500,000,000 shares.

Upon confirmation that the Company has satisfied the Bid Price Rule on or before April 30, 2026, Vivakor’s common stock will be reinstated to trade on the Nasdaq Capital Market. Following reinstatement, the Company will be placed on a one-year Mandatory Panel Monitor in accordance with Nasdaq procedures.

About Vivakor, Inc.

Vivakor, Inc. is an integrated provider of sustainable energy transportation, storage, reuse, and remediation services, operating one of the largest fleets of oilfield trucking services in the continental United States. Its corporate mission is to develop, acquire, accumulate, and operate assets, properties, and technologies in the energy sector. Vivakor’s integrated facilities assets provide crude oil and produced water gathering, storage, transportation, reuse, and remediation services under long-term contracts.

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, , the expected transaction and ownership structure, the valuation of the transaction, the likelihood and ability of the parties to successfully and timely consummate planned acquisitions, the risk that any required regulatory approvals are not obtained, are delayed or are subject to unanticipated conditions that could adversely affect Vivakor or the expected benefits of the such transaction, 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 and the Endeavor Entities or the date of such information in the case of information from persons other than Vivakor and the Endeavor Entities, 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 the Endeavor Entities 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.

Investors Contact:
P:949-281-2606
info@vivakor.com

FAQ

What did Vivakor (VIVK) do on March 24, 2026 regarding its shares?

Vivakor completed a 1-for-200 reverse stock split effective March 24, 2026. According to the company, issued shares were adjusted from 410,068,820 to approximately 2,050,344, and fractional shares were rounded up to whole shares.

Why did Vivakor (VIVK) execute the reverse split on March 24, 2026?

The reverse split was done to pursue Nasdaq continued listing by raising the per-share price. According to the company, this action aims to meet Nasdaq's $1.00 minimum bid price requirement for compliance.

What is the Nasdaq requirement Vivakor (VIVK) must meet by April 30, 2026?

Vivakor must have a closing bid of $1.00 or greater for ten consecutive trading days by April 30, 2026. According to the company, meeting that Bid Price Rule is required for Nasdaq reinstatement.

How many shares does Vivakor (VIVK) have outstanding after the reverse split?

Post-split, Vivakor has approximately 2,050,344 issued and outstanding shares. According to the company, the adjustment resulted from the 1-for-200 reverse split and fractional shares were rounded up.

What happens if Vivakor (VIVK) regains Nasdaq compliance by April 30, 2026?

If Vivakor meets the Bid Price Rule, its common stock will be reinstated on the Nasdaq Capital Market. According to the company, reinstatement will be followed by placement on a one-year Mandatory Panel Monitor.

Will the reverse split change Vivakor's authorized share count (VIVK)?

No, the company's authorized common stock remains unchanged at 500,000,000 shares. According to the company, only issued and outstanding shares were adjusted by the reverse split.