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[8-K] Vivakor, Inc. Reports Material Event

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Vivakor, Inc. (VIVK)up to $40 million in combined availability, to be extended from time to time for commodity trading activities.

Second, Vivakor agreed to settle claims by James Samuelson. The company will pay $100,000 on or before January 30, 2026 and issue common stock valued at $400,000 on October 24, 2025, $400,000 on November 3, 2025, $400,000 on November 13, 2025, and $350,000 on November 24, 2025. The shares will be issued under the 2023 Equity Incentive Plan, registered on Form S‑8, and priced at a 20% discount to the average of the lowest five VWAPs over the prior 15 trading days before each issuance. A Leak‑Out Agreement limits daily sales to the greater of net proceeds equaling $25,000, 10% of the 90‑day average trading volume, or 10% of the day’s trading volume. Court dates related to the lawsuit have been taken off calendar and the court will retain jurisdiction through final payment.

Vivakor, Inc. (VIVK) ha annunciato due provvedimenti. In primo luogo, la sua controllata Vivakor Supply & Trading ha stipulato un Accordo di Intermediazione di Materie Prime Fisiche con un grossista non affiliato unico che fornisce supporto creditizio—come lettere di credito, fideiussioni, depositi in contanti e garanzie—con una disponibilità complessiva fino a 40 milioni di dollari, da estendere di volta in volta per attività di commercio di commodities.

In secondo luogo, Vivakor si è impegnata a soddisfare le pretese di James Samuelson. L'azienda pagherà 100.000 dollari entro il 30 gennaio 2026 e rilascerà azioni ordinarie per un valore di 400.000 dollari il 24 ottobre 2025, 400.000 dollari il 3 novembre 2025, 400.000 dollari l'13 novembre 2025 e 350.000 dollari il 24 novembre 2025. Le azioni saranno emesse ai sensi del Piano di Incentivo Azionario 2023, registrato sul Form S-8, e valutate con uno sconto del 20% rispetto alla media dei cinque VWAP più bassi degli ultimi 15 giorni di negoziazione prima di ciascuna emissione. Un Accordo Leak-Out limita le vendite giornaliere al maggiore tra i proventi netti pari a 25.000 dollari, il 10% della media di 90 giorni del volume di scambio o il 10% del volume di scambio del giorno. Le date del procedimento legale relative alla causa sono state rimosse dal calendario e il tribunale manterrà la giurisdizione fino al pagamento finale.

Vivakor, Inc. (VIVK) anunció dos asuntos. Primero, su subsidiaria Vivakor Supply & Trading firmó un Acuerdo de Intermediación de Materias Primas Físicas con un único mayorista no afiliado que proporciona apoyo crediticio—tales como cartas de crédito, fianzas, depósitos en efectivo y garantías—con una disponibilidad combinada de hasta 40 millones de dólares, que se extenderá de vez en cuando para actividades de comercio de commodities.

En segundo lugar, Vivakor acordó saldar reclamos de James Samuelson. La empresa pagará 100,000 dólares a más tardar el 30 de enero de 2026 y emitirá acciones comunes por un valor de 400,000 dólares el 24 de octubre de 2025, 400,000 dólares el 3 de noviembre de 2025, 400,000 dólares el 13 de noviembre de 2025 y 350,000 dólares el 24 de noviembre de 2025. Las acciones se emitirán bajo el Plan de Incentivos de 2023, registrado en el Formulario S-8, y con un precio con un descuento del 20% respecto al promedio de los cinco VWAP más bajos de los 15 días de negociación anteriores a cada emisión. Un Acuerdo de Leak-Out limita las ventas diarias al mayor de los ingresos netos equivalentes a $25,000, al 10% del volumen de negociación promedio de 90 días o al 10% del volumen de negociación del día. Las fechas de la demanda han sido retiradas del calendario y el tribunal conservará la jurisdicción hasta el pago final.

Vivakor, Inc. (VIVK)는 두 가지를 발표했습니다. 첫째, 자회사인 Vivakor Supply & Trading이 단일 비계열 도매상과 물리적 원자재 중개 계약을 체결했으며, 이를 통해 신용지원(신용장, 보증, 현금 예치 및 보장 등)을 제공하고, 총 4천만 달러까지의 가용 한도를 주며 원자재 거래 활동에 따라 수시로 연장됩니다.

둘째, Vivakor는 제임스 새뮤얼슨의 청구를 해결하기로 합의했습니다. 회사는 2026년 1월 30일 이전에 10만 달러를 지급하고, 2025년 10월 24일에 40만 달러, 2025년 11월 3일에 40만 달러, 2025년 11월 13일에 40만 달러, 2025년 11월 24일에 35만 달러의 보통주를 발행합니다. 주식은 2023년 주식인센티브플랜 아래 S-8 양식에 등록되며, 각 발행일 이전 15거래일 중 최저 VWAP 다섯 개의 평균 대비 20% 할인된 가격으로 책정됩니다. Leak-Out 합의에 따라 일일 매도액은 순수익 25,000달러, 90일 평균 거래량의 10%또는 당일 거래량의 10% 중 큰 금액으로 제한됩니다. 소송 관련 법원 날짜는 보류되었고, 법원은 최종 지급까지 관할권을 유지합니다.

Vivakor, Inc. (VIVK) a annoncé deux éléments. Premièrement, sa filiale Vivakor Supply & Trading a conclu un Accord d'Intermédiation de Matières Premières Physiques avec un grossiste unique non affilié qui fournit un soutien de crédit—tels que des lettres de crédit, des cautions, des dépôts en espèces et des garanties—avec une disponibilité combinée allant jusqu'à 40 millions de dollars, à être étendue de temps à autre pour les activités de négoce de matières premières.

Deuxièmement, Vivakor a accepté de régler les réclamations de James Samuelson. L'entreprise paiera 100 000 dollars au plus tard le 30 janvier 2026 et émettra des actions ordinaires d'une valeur de 400 000 dollars le 24 octobre 2025, 400 000 dollars le 3 novembre 2025, 400 000 dollars le 13 novembre 2025 et 350 000 dollars le 24 novembre 2025. Les actions seront émises en vertu du Plan d'Incentive en Actions 2023, enregistré sur le formulaire S-8, et pricer à un tarif avec une remise de 20% par rapport à la moyenne des cinq VWAP les plus bas des 15 jours de négociation précédant chaque émission. Un Accord Leak-Out limite les ventes quotidiennes à la somme nette équivalente à 25 000 dollars, ou 10% du volume moyen des 90 jours, ou 10% du volume de négociation du jour, selon le plus élevé. Les dates de l'affaire juridique ont été retirées du calendrier et le tribunal conservera sa juridiction jusqu'au paiement final.

Vivakor, Inc. (VIVK) kündigte zwei Punkte an. Erstens hat seine Tochtergesellschaft Vivakor Supply & Trading eine Vereinbarung zur physischen Rohstoffvermittlung mit einem einzelnen, nicht verbundenen Großhändler getroffen, der Kreditunterstützung bietet—wie Akkreditive, Bürgschaften, Bareinlagen und Garantien—bis zu insgesamt 40 Mio. USD Verfügbarkeit, die von Zeit zu Zeit für Rohstoffhandelsaktivitäten verlängert wird.

Zweitens hat Vivakor zugestimmt, Ansprüche von James Samuelson beizulegen. Das Unternehmen wird 100.000 USD bis zum 30. Januar 2026 zahlen und Stammaktien im Wert von 400.000 USD am 24. Oktober 2025, 400.000 USD am 3. November 2025, 400.000 USD am 13. November 2025 und 350.000 USD am 24. November 2025 ausgeben. Die Aktien werden gemäß dem Equity Incentive Plan von 2023 unter Form S-8 registriert und zu einem Preis ausgegeben, der 20% unter dem Durchschnitt der fünf niedrigsten VWAPs der letzten 15 Handelstage vor jeder Emission liegt. Ein Leak-Out Agreement begrenzt tägliche Verkäufe auf den höheren Wert von Nettoerlösen in Höhe von 25.000 USD, 10% des 90-Tage-Durchschnittsvolumens oder 10% des täglichen Handelsvolumens. Die Verfahrensdaten im Zusammenhang mit der Klage wurden aus dem Kalender genommen und das Gericht wird die Gerichtsbarkeit bis zur endgültigen Zahlung aufrechterhalten.

Vivakor, Inc. (VIVK) أعلنت عن بندين. أولاً، دخلت شركتها الفرعية Vivakor Supply & Trading في اتفاق توفيق سلعي مادي مع تاجر جملة غير تابع واحد يوفر دعماً ائتمانياً—مثل خطابات الاعتماد، والضمانات، والودائع النقدية والضمانات—حتى 40 مليون دولار أمريكي من التوفر الإجمالي، ليتم تمديده من وقت لآخر لأنشطة تجارة السلع.

ثانياً، وافقت Vivakor على تسوية المطالبات من جيمس سمويلسون. ستدفع الشركة 100,000 دولار أمريكي في أو قبل 30 يناير 2026 وتصدر أسهماً عادية بقيمة 400,000 دولار في 24 أكتوبر 2025، و< b>400,000 دولار في 3 نوفمبر 2025، و< b>400,000 دولار في 13 نوفمبر 2025، و< b>350,000 دولار في 24 نوفمبر 2025. ستصدر الأسهم بموجب خطة الحوافز الأسهمية لعام 2023، المسجلة في نموذج S-8، وبسعر مخفض بنسبة 20% من متوسط أعلى خمس VWAP الأقل خلال 15 يوم تداول السابقة على كل إصدار. يقيِّد اتفاق Leak-Out المبيعات اليومية بما يعادل أعلى من صافي العائدات 25,000 دولار، أو 10% من حجم التداول المتوسط لـ90 يوماً، أو 10% من حجم التداول في اليوم نفسه. تم سحب تواريخ القضية من التقويم وسيحتفظ المحكمة بالولاية القضائية حتى الدفع النهائي.

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Insights

$40M credit support signed; equity settlement staged with leak-out caps.

Vivakor Supply & Trading secured a Physical Commodity Intermediation Agreement that permits a single wholesaler to provide credit support up to $40,000,000. This is not direct cash to the company but enables letters of credit, surety bonds, cash deposits, or guarantees “from time to time” to back physical commodity trades, potentially expanding trading capacity within counterparty limits.

The settlement with James Samuelson combines a $100,000 payment (due by January 30, 2026) and multiple stock issuances valued at $400,000, $400,000, $400,000, and $350,000 on specified October–November 2025 dates. Shares are priced at a 20% discount to the average of the lowest five VWAPs over 15 prior trading days, which can increase share count. A Leak‑Out Agreement caps daily sales by the greater of $25,000 net proceeds, 10% of 90‑day average volume, or 10% of the day’s volume.

Overall impact appears administrative to moderate: the intermediation facility lists permitted credit support methods and amounts, while equity issuance mechanics and leak‑out constraints frame potential selling activity. Actual effects depend on facility utilization and trading volumes.

Vivakor, Inc. (VIVK) ha annunciato due provvedimenti. In primo luogo, la sua controllata Vivakor Supply & Trading ha stipulato un Accordo di Intermediazione di Materie Prime Fisiche con un grossista non affiliato unico che fornisce supporto creditizio—come lettere di credito, fideiussioni, depositi in contanti e garanzie—con una disponibilità complessiva fino a 40 milioni di dollari, da estendere di volta in volta per attività di commercio di commodities.

In secondo luogo, Vivakor si è impegnata a soddisfare le pretese di James Samuelson. L'azienda pagherà 100.000 dollari entro il 30 gennaio 2026 e rilascerà azioni ordinarie per un valore di 400.000 dollari il 24 ottobre 2025, 400.000 dollari il 3 novembre 2025, 400.000 dollari l'13 novembre 2025 e 350.000 dollari il 24 novembre 2025. Le azioni saranno emesse ai sensi del Piano di Incentivo Azionario 2023, registrato sul Form S-8, e valutate con uno sconto del 20% rispetto alla media dei cinque VWAP più bassi degli ultimi 15 giorni di negoziazione prima di ciascuna emissione. Un Accordo Leak-Out limita le vendite giornaliere al maggiore tra i proventi netti pari a 25.000 dollari, il 10% della media di 90 giorni del volume di scambio o il 10% del volume di scambio del giorno. Le date del procedimento legale relative alla causa sono state rimosse dal calendario e il tribunale manterrà la giurisdizione fino al pagamento finale.

Vivakor, Inc. (VIVK) anunció dos asuntos. Primero, su subsidiaria Vivakor Supply & Trading firmó un Acuerdo de Intermediación de Materias Primas Físicas con un único mayorista no afiliado que proporciona apoyo crediticio—tales como cartas de crédito, fianzas, depósitos en efectivo y garantías—con una disponibilidad combinada de hasta 40 millones de dólares, que se extenderá de vez en cuando para actividades de comercio de commodities.

En segundo lugar, Vivakor acordó saldar reclamos de James Samuelson. La empresa pagará 100,000 dólares a más tardar el 30 de enero de 2026 y emitirá acciones comunes por un valor de 400,000 dólares el 24 de octubre de 2025, 400,000 dólares el 3 de noviembre de 2025, 400,000 dólares el 13 de noviembre de 2025 y 350,000 dólares el 24 de noviembre de 2025. Las acciones se emitirán bajo el Plan de Incentivos de 2023, registrado en el Formulario S-8, y con un precio con un descuento del 20% respecto al promedio de los cinco VWAP más bajos de los 15 días de negociación anteriores a cada emisión. Un Acuerdo de Leak-Out limita las ventas diarias al mayor de los ingresos netos equivalentes a $25,000, al 10% del volumen de negociación promedio de 90 días o al 10% del volumen de negociación del día. Las fechas de la demanda han sido retiradas del calendario y el tribunal conservará la jurisdicción hasta el pago final.

Vivakor, Inc. (VIVK)는 두 가지를 발표했습니다. 첫째, 자회사인 Vivakor Supply & Trading이 단일 비계열 도매상과 물리적 원자재 중개 계약을 체결했으며, 이를 통해 신용지원(신용장, 보증, 현금 예치 및 보장 등)을 제공하고, 총 4천만 달러까지의 가용 한도를 주며 원자재 거래 활동에 따라 수시로 연장됩니다.

둘째, Vivakor는 제임스 새뮤얼슨의 청구를 해결하기로 합의했습니다. 회사는 2026년 1월 30일 이전에 10만 달러를 지급하고, 2025년 10월 24일에 40만 달러, 2025년 11월 3일에 40만 달러, 2025년 11월 13일에 40만 달러, 2025년 11월 24일에 35만 달러의 보통주를 발행합니다. 주식은 2023년 주식인센티브플랜 아래 S-8 양식에 등록되며, 각 발행일 이전 15거래일 중 최저 VWAP 다섯 개의 평균 대비 20% 할인된 가격으로 책정됩니다. Leak-Out 합의에 따라 일일 매도액은 순수익 25,000달러, 90일 평균 거래량의 10%또는 당일 거래량의 10% 중 큰 금액으로 제한됩니다. 소송 관련 법원 날짜는 보류되었고, 법원은 최종 지급까지 관할권을 유지합니다.

Vivakor, Inc. (VIVK) a annoncé deux éléments. Premièrement, sa filiale Vivakor Supply & Trading a conclu un Accord d'Intermédiation de Matières Premières Physiques avec un grossiste unique non affilié qui fournit un soutien de crédit—tels que des lettres de crédit, des cautions, des dépôts en espèces et des garanties—avec une disponibilité combinée allant jusqu'à 40 millions de dollars, à être étendue de temps à autre pour les activités de négoce de matières premières.

Deuxièmement, Vivakor a accepté de régler les réclamations de James Samuelson. L'entreprise paiera 100 000 dollars au plus tard le 30 janvier 2026 et émettra des actions ordinaires d'une valeur de 400 000 dollars le 24 octobre 2025, 400 000 dollars le 3 novembre 2025, 400 000 dollars le 13 novembre 2025 et 350 000 dollars le 24 novembre 2025. Les actions seront émises en vertu du Plan d'Incentive en Actions 2023, enregistré sur le formulaire S-8, et pricer à un tarif avec une remise de 20% par rapport à la moyenne des cinq VWAP les plus bas des 15 jours de négociation précédant chaque émission. Un Accord Leak-Out limite les ventes quotidiennes à la somme nette équivalente à 25 000 dollars, ou 10% du volume moyen des 90 jours, ou 10% du volume de négociation du jour, selon le plus élevé. Les dates de l'affaire juridique ont été retirées du calendrier et le tribunal conservera sa juridiction jusqu'au paiement final.

Vivakor, Inc. (VIVK) kündigte zwei Punkte an. Erstens hat seine Tochtergesellschaft Vivakor Supply & Trading eine Vereinbarung zur physischen Rohstoffvermittlung mit einem einzelnen, nicht verbundenen Großhändler getroffen, der Kreditunterstützung bietet—wie Akkreditive, Bürgschaften, Bareinlagen und Garantien—bis zu insgesamt 40 Mio. USD Verfügbarkeit, die von Zeit zu Zeit für Rohstoffhandelsaktivitäten verlängert wird.

Zweitens hat Vivakor zugestimmt, Ansprüche von James Samuelson beizulegen. Das Unternehmen wird 100.000 USD bis zum 30. Januar 2026 zahlen und Stammaktien im Wert von 400.000 USD am 24. Oktober 2025, 400.000 USD am 3. November 2025, 400.000 USD am 13. November 2025 und 350.000 USD am 24. November 2025 ausgeben. Die Aktien werden gemäß dem Equity Incentive Plan von 2023 unter Form S-8 registriert und zu einem Preis ausgegeben, der 20% unter dem Durchschnitt der fünf niedrigsten VWAPs der letzten 15 Handelstage vor jeder Emission liegt. Ein Leak-Out Agreement begrenzt tägliche Verkäufe auf den höheren Wert von Nettoerlösen in Höhe von 25.000 USD, 10% des 90-Tage-Durchschnittsvolumens oder 10% des täglichen Handelsvolumens. Die Verfahrensdaten im Zusammenhang mit der Klage wurden aus dem Kalender genommen und das Gericht wird die Gerichtsbarkeit bis zur endgültigen Zahlung aufrechterhalten.

Vivakor, Inc. (VIVK) أعلنت عن بندين. أولاً، دخلت شركتها الفرعية Vivakor Supply & Trading في اتفاق توفيق سلعي مادي مع تاجر جملة غير تابع واحد يوفر دعماً ائتمانياً—مثل خطابات الاعتماد، والضمانات، والودائع النقدية والضمانات—حتى 40 مليون دولار أمريكي من التوفر الإجمالي، ليتم تمديده من وقت لآخر لأنشطة تجارة السلع.

ثانياً، وافقت Vivakor على تسوية المطالبات من جيمس سمويلسون. ستدفع الشركة 100,000 دولار أمريكي في أو قبل 30 يناير 2026 وتصدر أسهماً عادية بقيمة 400,000 دولار في 24 أكتوبر 2025، و< b>400,000 دولار في 3 نوفمبر 2025، و< b>400,000 دولار في 13 نوفمبر 2025، و< b>350,000 دولار في 24 نوفمبر 2025. ستصدر الأسهم بموجب خطة الحوافز الأسهمية لعام 2023، المسجلة في نموذج S-8، وبسعر مخفض بنسبة 20% من متوسط أعلى خمس VWAP الأقل خلال 15 يوم تداول السابقة على كل إصدار. يقيِّد اتفاق Leak-Out المبيعات اليومية بما يعادل أعلى من صافي العائدات 25,000 دولار، أو 10% من حجم التداول المتوسط لـ90 يوماً، أو 10% من حجم التداول في اليوم نفسه. تم سحب تواريخ القضية من التقويم وسيحتفظ المحكمة بالولاية القضائية حتى الدفع النهائي.

Vivakor, Inc. (VIVK) 公布了两项内容。首先,其子公司 Vivakor Supply & Trading 与一家唯一的非关联批发商签署了实物商品中介协议,提供信用支持——如信用证、担保、现金存款和担保——综合可用额度高达4000万美元,将不时为大宗商品交易活动延展。

其次,Vivakor 同意就 James Samuelson 的索赔和解。公司将在2026年1月30日或之前支付 10万美元,并计划于2025年10月24日发行市值为 40万美元的普通股,2025年11月3日再发行 40万美元的普通股,2025年11月13日再发行 40万美元,以及 2025年11月24日发行 35万美元的普通股。上述股票将根据2023年股权激励计划发行,注册在表格 S-8 上,发行价格相对于前15个交易日中最低的五个 VWAP 的平均值打八折20%。Leak-Out 协议将日销售限制为净收益等于$25,000、90日平均成交量的10%或当天成交量的10%中的较大者。与此诉讼相关的法庭日期已从日历中删除,法院将保留管辖权直至最终支付完成。

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): October 17, 2025

 

VIVAKOR, INC.

(Exact name of registrant as specified in its charter)

 

Nevada   001-41286   26-2178141
(State or other jurisdiction of   (Commission   (IRS Employer
incorporation or organization)   File Number)   Identification No.)

 

5220 Spring Valley Rd., Ste. 500

Dallas, TX 75254

(Address of principal executive offices)

 

(469) 480-7175

(Registrant’s telephone number, including area code)

 

 

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock   VIVK   The Nasdaq Stock Market LLC (Nasdaq Capital Market)

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company 

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. 

 

 

 

 

 

 

Item 1.01 Entry into a Material Agreement.

 

Commodity Intermediation Facility

 

On October 22, 2025, Vivakor Supply & Trading, LLC (“VST”), a wholly-owned subsidiary of Vivakor, Inc. (“Vivakor” or the “Company”), entered into a Physical Commodity Intermediation Agreement (the “Intermediation Agreement”) with a single non-affiliated wholesaler, pursuant to which VST the wholesaler will provide credit support, including but not limited to letters of credit, surety bonds, cash deposits, and/or guarantees to sellers of physical commodities as an intermediary of VST for commodity trading activities, with a total availability up to $40 million in combined credit support to be extended from time to time.

 

Item 1.01 of this Current Report on Form 8-K contains only a brief description of the material terms of the Intermediation Agreement and does not purport to be a complete description of the rights and obligations of the parties to the Purchase Agreement, and such description is qualified in its entirety by reference to the full text of the Form of Intermediation Agreement, a copy of which is filed herewith as Exhibit 10.1.

 

Settlement Agreement

 

On October 17, 2025, Vivakor entered into a Settlement Agreement (the “Settlement Agreement”) with James Samuelson (“Samuelson”), in order to settle claims made by Samuelson that he was not paid for work performed for Vivakor, which claims formed the basis of a lawsuit entitled James Samuelson v. Vivakor, Inc., James Ballengee, et al., Case No. 30-2025-01496877-CU-OE-CJC (Sup. Ct. Orange Cty., Cal.—July 14, 2025) (the “Lawsuit”). Under the terms of the Settlement Agreement Vivakor is obligated to pay Samuelson $100,000 on or before January 30, 2026, and issue Samuelson shares of its common stock as follows: (i) $400,000 worth of shares on October 24, 2025, (ii) $400,000 worth of stock on November 3, 2025, (iii) $400,000 worth of stock on November 13, 2025, and (iv) $350,000 worth of stock on November 24, 2025 (together, the “Shares”). The Shares will be issued unrestricted under Vivakor’s 2023 Equity Incentive Plan and registered on a Form S-8 Registration Statement and valued with an issuance price equal to a 20 percent discount of the average of the lowest 5 VWAPs over the prior 15 trading days prior to each issuance date. The sale of the Shares by Samuelson is subject to a Leak-Out Agreement, under which Samuelson cannot, in any 24-hour period, sell Shares in an amount representing more than the greater of (i) the total aggregate daily net proceeds from the sale of shares equaling $25,000; (ii) 10% of the 90-day average trading volume; or (iii) 10% of any given days’ trading volume as reported by Bloomberg, LP on the applicable day. As a result of the Settlement Agreement, all dates and deadlines related to the Lawsuit have been taken off calendar by the Court, which will retain jurisdiction of the Lawsuit through the final payment of the Settlement Agreement consideration.

 

Item 1.01 of this Current Report on Form 8-K contains only a brief description of the material terms of the Settlement Agreement and does not purport to be a complete description of the rights and obligations of the parties to the Settlement Agreement, and such description is qualified in its entirety by reference to the full text of the Settlement Agreement, a copy of which is filed herewith as Exhibit 10.2.

 

Item 7.01 Regulation FD Disclosure.

 

On October 23, 2025, Vivakor issued a press release announcing the close of the Intermediation Agreement described in Item 1.01 of this Form 8-K. The full text of the press release is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein by reference in this Item 7.01.

 

The information contained in this Item 7.01 and in the accompanying Exhibits 99.1 are deemed to be “furnished” and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Exchange Act or the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

 

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Item 9.01 Financial Statements and Exhibits.

 

Exhibit No.   Exhibit
10.1   Form of Physical Commodity Intermediation Agreement dated October 22, 2025
10.2   Settlement Agreement with James Samuelson dated October 17, 2025
99.1*   Press Release of Vivakor, Inc. dated October 23, 2025
104   Cover Page Interactive Data File (formatted as Inline XBRL document).

 

 
*These exhibits are deemed to be “furnished” and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Exchange Act or the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  VIVAKOR, INC.
     
Dated: October 23, 2025 By: /s/ James Ballengee
    Name: James Ballengee
    Title: Chairman, President, and CEO

 

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FAQ

What did Vivakor (VIVK) announce regarding commodity trading support?

A Physical Commodity Intermediation Agreement allows a single wholesaler to provide credit support up to $40 million via letters of credit, surety bonds, cash deposits, or guarantees.

What are the key terms of Vivakor’s settlement with James Samuelson?

Vivakor will pay $100,000 by January 30, 2026 and issue common stock valued at $400,000, $400,000, $400,000, and $350,000 on specified dates in Oct.–Nov. 2025.

How will the settlement shares be priced for VIVK?

Each issuance is valued at a 20% discount to the average of the lowest five VWAPs over the prior 15 trading days.

What limits apply to the sale of the settlement shares?

A Leak‑Out Agreement caps any 24‑hour sales by the greater of $25,000 net proceeds, 10% of the 90‑day average trading volume, or 10% of that day’s volume.

Under what plan and registration will the settlement shares be issued?

They will be issued under Vivakor’s 2023 Equity Incentive Plan and registered on a Form S‑8 registration statement.

What is VIVK’s trading symbol and exchange?

Vivakor’s common stock trades on the Nasdaq Capital Market under the symbol VIVK.

What is the status of the lawsuit after the settlement?

Court dates have been taken off calendar, and the court will retain jurisdiction through final payment of the settlement consideration.
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