FAQ on Vivakor, Inc.'s Special Dividend in Adapti Shares

What is the special dividend announced by Vivakor, Inc.?

Vivakor, Inc. has announced a special dividend to be paid in shares of Adapti, Inc., with eligible shareholders receiving approximately 0.0079 Adapti shares per Vivakor share, currently valued at $815,000.

Why is this dividend significant?

This dividend is significant as it represents Vivakor’s distribution of its stake in Adapti, Inc. to its shareholders, highlighting its investment in Adapti’s innovative AdaptAI platform and its commitment to shareholder value.

How does the dividend distribution work?

Eligible shareholders will receive approximately 0.0079 Adapti shares per Vivakor share they own, excluding shares held by Vivakor’s CEO and CFO who have waived their rights to participate.

Who is eligible to receive the special dividend?

All Vivakor shareholders are eligible to receive the special dividend except for the company’s CEO and CFO, who have chosen to waive their rights to participate in this distribution.

When will the record date for the dividend be announced?

The record date for the dividend will be announced in the coming weeks, as per the company’s press release.

What is Adapti, Inc.?

Adapti, Inc., formerly known as Scepter Holdings, markets products using its AdaptAI platform and became an SEC-reporting company in 2024. Vivakor holds a 13.5% stake in Adapti.

Where can I find more information about Vivakor, Inc.?

More information about Vivakor, Inc. and updates relating to VIVK can be found in the company’s newsroom at https://ibn.fm/VIVK.

What are the implications of this dividend for shareholders?

This dividend provides shareholders with a direct stake in Adapti, Inc., offering potential value from Adapti’s growth and innovations, in addition to their investment in Vivakor.

How can I view the full press release about the dividend?

The full press release can be viewed at https://ibn.fm/ABUxU.