Vivakor Announces New Payment Date For Special Dividend
Vivakor Updates Shareholders About Special Dividend Payment
Dallas, TX — Vivakor, Inc. (NASDAQ: VIVK), a company focused on energy transportation, storage, reuse, and remediation services, has reset the payment date for its previously announced special dividend to October 31, 2025. This new date allows the company to gather necessary information about dividend-eligible shareholders.
Understanding the Dividend Details
The initial ex-dividend date was set for September 5, 2025. Based on the outstanding shares of 49,102,070, and excluding 20,963,229 shares held by the Chairman, President, and CEO, shareholders will receive approximately 0.0074 shares of Adapti, Inc. common stock for each share they own. This translates to a special dividend value of around $0.200 million, given Adapti's current share price of $1.00.
Adapti, Inc. and its Significance
Vivakor has a stake of approximately 13.5% in Adapti, Inc. (OTCID: ADTI), a firm that recently expanded its operations by acquiring a multi-platform sports agency. This agency seeks to blend its services with Vivakor's existing AdaptAI software, enhancing marketing strategies for athletes.
About Vivakor and Its Operations
Vivakor, Inc. is dedicated to providing integrated solutions in energy services, including transportation and waste remediation. The company focuses on developing and acquiring technologies and assets that improve energy efficiency and sustainability. Through long-term contracts, Vivakor ensures reliable crude oil storage and remediation services.
Investor Relations and Further Information
For additional details about Vivakor, feel free to explore their official website at vivakor.com.
Frequently Asked Questions
What is Vivakor's new dividend payment date?
The new payment date for Vivakor's special dividend is October 31, 2025.
What is the value of the special dividend?
The special dividend is currently valued at approximately $0.200 million based on the shares of Adapti, Inc.
How many shares will shareholders receive?
Each Vivakor shareholder is entitled to receive around 0.0074 shares of Adapti, Inc. common stock per share owned.
What does Vivakor specialize in?
Vivakor specializes in energy transportation, storage, reuse, and remediation services, focusing on eco-friendly practices.
Where can I find more information about Vivakor?
More information can be found on Vivakor's official website at vivakor.com.
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