Vivakor Sets Payment Date of Special Dividend for September 26, 2025
Vivakor (Nasdaq: VIVK), an integrated energy services provider, has set September 26, 2025 as the payment date for its previously announced special dividend. The dividend consists of Adapti Inc. shares, with shareholders receiving approximately 0.0079 Adapti shares per Vivakor share. Based on Adapti's current stock price of $2.50, the special dividend is valued at approximately $0.515 million.
The dividend excludes approximately 20.96 million shares held by the Company's executives who waived their rights. Vivakor currently holds about 13.5% of Adapti's outstanding shares, a company that recently acquired a sports agency previously owned by Vivakor's CEO James Ballengee.
Vivakor (Nasdaq: VIVK), fornitore integrato di servizi energetici, ha fissato il 26 settembre 2025 come data di pagamento per il suo dividendo speciale precedentemente annunciato. Il dividendo sarà corrisposto in azioni Adapti Inc., con gli azionisti che riceveranno circa 0,0079 azioni Adapti per ogni azione Vivakor. Basandosi sull'attuale prezzo di Adapti di $2,50 per azione, il dividendo speciale è valutato approssimativamente in $0,515 milioni.
Il dividendo esclude circa 20,96 milioni di azioni detenute dai dirigenti della Società che hanno rinunciato al diritto. Vivakor detiene attualmente circa il 13,5% delle azioni in circolazione di Adapti, una società che ha recentemente acquisito un'agenzia sportiva precedentemente di proprietà dell'amministratore delegato di Vivakor, James Ballengee.
Vivakor (Nasdaq: VIVK), un proveedor integrado de servicios energéticos, ha establecido el 26 de septiembre de 2025 como fecha de pago de su dividendo especial previamente anunciado. El dividendo consiste en acciones de Adapti Inc., y los accionistas recibirán aproximadamente 0,0079 acciones de Adapti por cada acción de Vivakor. Con el precio actual de Adapti de $2,50 por acción, el dividendo especial tiene un valor aproximado de $0,515 millones.
El dividendo excluye aproximadamente 20,96 millones de acciones en manos de los ejecutivos de la Compañía que renunciaron a sus derechos. Vivakor posee actualmente alrededor del 13,5% de las acciones en circulación de Adapti, una empresa que recientemente adquirió una agencia deportiva que antes pertenecía al director ejecutivo de Vivakor, James Ballengee.
Vivakor (나스닥: VIVK)은 통합 에너지 서비스 제공업체로서 이전에 발표한 특별 배당금의 지급일을 2025년 9월 26일로 확정했습니다. 배당은 Adapti Inc. 주식으로 지급되며, 주주들은 Vivakor 주식 1주당 약 0.0079 Adapti 주식을 받게 됩니다. 현재 Adapti 주가가 주당 $2.50인 점을 기준으로 특별 배당금의 가치는 약 $0.515백만으로 평가됩니다.
이번 배당에서는 권리를 포기한 회사 임원들이 보유한 약 2,096만 주는 제외됩니다. Vivakor는 현재 Adapti의 발행주식 중 약 13.5%를 보유하고 있으며, Adapti는 최근 Vivakor의 CEO 제임스 발렌기(James Ballengee)가 이전에 소유했던 스포츠 에이전시를 인수했습니다.
Vivakor (Nasdaq: VIVK), fournisseur intégré de services énergétiques, a fixé le 26 septembre 2025 comme date de paiement de son dividende spécial annoncé précédemment. Le dividende sera payé en actions Adapti Inc., les actionnaires recevant environ 0,0079 action Adapti par action Vivakor. Sur la base du cours actuel d'Adapti à 2,50 $ l'action, la valeur du dividende spécial est d'environ 0,515 million $.
Le dividende exclut environ 20,96 millions d'actions détenues par des dirigeants de la Société qui ont renoncé à leurs droits. Vivakor détient actuellement environ 13,5% des actions en circulation d'Adapti, une société qui a récemment acquis une agence sportive précédemment détenue par le PDG de Vivakor, James Ballengee.
Vivakor (Nasdaq: VIVK), ein integrierter Energiedienstleister, hat den 26. September 2025 als Auszahlungstag für seine zuvor angekündigte Sonderdividende festgelegt. Die Dividende wird in Adapti Inc.-Aktien ausgezahlt; Aktionäre erhalten etwa 0,0079 Adapti-Aktien pro Vivakor-Aktie. Bei einem aktuellen Adapti-Kurs von $2,50 je Aktie beläuft sich der Wert der Sonderdividende auf rund $0,515 Millionen.
Von der Dividende ausgeschlossen sind rund 20,96 Millionen Aktien, die von Unternehmensleitern gehalten werden, die auf ihr Bezugsrecht verzichtet haben. Vivakor hält derzeit etwa 13,5% der ausstehenden Adapti-Aktien, ein Unternehmen, das kürzlich eine Sportagentur übernommen hat, die zuvor dem Vivakor-CEO James Ballengee gehörte.
- Special dividend distribution provides immediate value to shareholders
- Company executives waived their dividend rights, benefiting other shareholders
- Strategic move to improve balance sheet and focus on core business
- Small dividend value of approximately $0.515 million total
- Payment in shares of a less liquid OTCID company instead of cash
- Potential conflict of interest as acquired sports agency was previously owned by Vivakor's CEO
Dallas, TX, Sept. 03, 2025 (GLOBE NEWSWIRE) -- Vivakor, Inc. (Nasdaq: VIVK) (“Vivakor” or the “Company”), an integrated provider of energy transportation, storage, reuse, and remediation services, today announced the payment date of the previously-announced special dividend to Vivakor shareholders as September 26, 2025.
In accordance with NASDAQ listing rules, the dividend will be paid to holders of record of common shares of the Company as of the previously announced ex-dividend date of September 5, 2025.
Vivakor Chairman, President and CEO James Ballengee commented, "The payment of this dividend prior to the current quarter's end provides immediate value to Vivakor shareholders and demonstrates our commitment to improving Vivakor's balance sheet and focus our efforts on our core crude oil transportation and facilities business."
Based on Vivakor’s current shares outstanding of approximately 47,297,347 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 0.0079 shares of Adapti, Inc. common stock per Vivakor share. Based on the current
Vivakor currently holds 206,595 (approximately
About Vivakor, Inc.
Vivakor, Inc. is an integrated provider of transportation, storage, reuse, and remediation services. 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 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.
Investors Contact:
P: 469-480-7175
info@vivakor.com
FAQ
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