Vivakor SEC Filings

Vivakor, Inc. reported that it issued a junior secured convertible promissory note (the Initial Note) to J.J. Astor & Co. in the principal amount of $6,625,000 in connection with a Loan and Security Agreement under which the company received $5,000,000 before fees. On July 9, 2025, Vivakor entered into a Forbearance and Amendment to the Loan Agreement and Note and also issued an Additional Junior Secured Convertible Note, which amended terms of the Loan Agreement and the Initial Note.

Vivakor, Inc. (VIVK) files an S-3 shelf registration describing the securities offered and disclosing ownership and distribution mechanics. The filing states VMC holds 99.95% of VivaVentures Energy Group, Inc., with a 0.05% minority holder, and that the company has 49% interests in Vivakor Company LLC and Vivakor Middle East, LLC. Beneficial ownership calculations treat securities convertible into common stock within 60 days of August, 2025 as outstanding. The prospectus registers shares issuable upon conversion or payment of notes and cites 48,051,097 common shares outstanding as of August 20, 2025. The filing lists required SEC reports incorporated by reference and describes permitted sale methods.

Vivakor, Inc. (VIVK) proxy highlights governance and capital-structure items for shareholder vote. The filing lists director nominations for election and multiple proposals that would authorize issuances of common, preferred and other stock potentially above 19.99% of outstanding common stock. It discloses beneficial ownership details for major holders: James H. Ballengee controls 21,403,141 shares (44.54%) through related entities and directly held shares, including shares to be issued in the next 60 days for Series A preferred-stock dividends and employment-related issuance. The Series A preferred pays a 6% annual dividend in shares, payable quarterly, and is convertible at company option based on a $1,000 stated value and $1.00 per common share subject to ownership limits. The proxy also lists share count scenarios for potential dilutive ratios and requests ratification of a transaction referenced as the MEL/ET transaction.

Vivakor, Inc. (VIVK) reported interim results showing meaningful revenue from its oil-related operations but significant liquidity stress. For the six months ended June 30, 2025 the company recognized $42.5 million in terminating and storage revenue and $23.9 million in transportation logistics, and recorded crude petroleum sales of $17.1 million for the three-month period and $30.4 million for the six-month period tied to North Dakota contracts. The company has a working capital deficit of approximately $105.8 million at June 30, 2025 versus $101.5 million at December 31, 2024, only $3.7 million of cash (with $3.2 million restricted), and about $74 million of debt due within one year, which the filing states raises substantial doubt about its ability to continue as a going concern. Management recorded a full allowance against a $7.5 million convertible note due to collectability uncertainty and disclosed material financing amendments and new loan documents received July 15, 2025. Consolidated net loss and operating losses widened year-over-year.

Vivakor, Inc. filed an 8-K disclosing a Second Amended Employment Agreement dated August 12, 2025 between the company, Vivakor Administration, LLC and Les Patterson. The filing notes a related press release issued on August 13, 2025 announcing Mr. Patterson's hiring as Chief Operating Officer. The document includes standard qualification language saying disclosed statements allocate risk between parties, reflect disclosures made during negotiation, and are as of the agreement date. An interactive Inline XBRL cover page is included.