Vivakor Executes Reverse Stock Split to Advance Nasdaq Continued Listing
Vivakor (OTC: VIVK) completed a 1-for-200 reverse stock split effective March 24, 2026 to pursue Nasdaq continued listing compliance.
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
- 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
Historical Context
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Nasdaq Panel granted conditional path to continued listing, pending bid compliance.
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Forbearance with noteholders and LOI-based liquidity steps reduced near-term pressure.
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Non-binding LOI to sell Oklahoma STACK midstream business for about $36M.
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Reset of special dividend payment date with warning it may be further adjusted.
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LOI to acquire Coyote Oilfield Services to expand integrated midstream capabilities.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
reverse stock split financial
nasdaq hearings panel regulatory
nasdaq capital market regulatory
minimum bid price requirement regulatory
mandatory panel monitor regulatory
AI-generated analysis. How Rhea-AI works. 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
Pursuant to the reverse stock split, the Company’s issued and outstanding common stock, par value of
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
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