FAQ: Vivakor's $5 Million Registered Direct Offering and Business Operations
Summary
Vivakor, Inc. has announced a $5 million registered direct offering with an institutional investor, with proceeds designated for working capital and general corporate purposes. This funding supports the company's operations in crude oil transportation and environmental services across key U.S. energy basins.
What is the main announcement in this content?
Vivakor, Inc. has entered into a securities purchase agreement for a $5 million registered direct offering, selling common stock and pre-funded warrants to an institutional investor.
How much money is Vivakor raising and what will the funds be used for?
The offering will generate approximately $5 million in gross proceeds before fees, with net proceeds earmarked for working capital and general corporate purposes.
What specific securities are being sold in this offering?
Vivakor is selling 8,417,645 shares of common stock and 14,689,851 pre-funded warrants exercisable at $0.001 per share.
When is this offering expected to close?
The registered direct offering is expected to close on or about October 17, 2025, subject to customary closing conditions.
Who is involved in facilitating this offering?
D. Boral Capital LLC is acting as the exclusive placement agent for the transaction with a leading institutional investor.
What type of company is Vivakor and what are its main business segments?
Vivakor is an integrated energy infrastructure and environmental services company operating in two main segments: crude oil transportation services and facility services for terminaling and storage of crude oil and petroleum products.
Where does Vivakor operate its transportation services?
The company operates truck transportation services in Colorado’s DJ Basin, Central Oklahoma’s STACK play, and the Permian and Eagle Ford Basins of Texas, with pipeline operations via the Omega Gathering Pipeline in Blaine County, Oklahoma.
What is the Omega Gathering Pipeline and where does it connect?
The Omega Gathering Pipeline is an approximately 45-mile crude oil gathering and shuttle pipeline in Blaine County, Oklahoma that connects to the Cushing, Oklahoma storage hub via the Plains STACK Pipeline.
Where can investors find more information about Vivakor?
The latest news and updates relating to VIVK are available in the company’s newsroom at https://ibn.fm/VIVK, and the full press release can be viewed at https://ibn.fm/DduAO.
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