FAQ: Vivakor, Inc. (NASDAQ: VIVK) Special Dividend of Adapti Shares
Summary
What is the special dividend announced by Vivakor, Inc.?
Vivakor, Inc. has announced a special dividend to its shareholders, consisting of shares of Adapti, Inc., with shareholders receiving approximately 0.0079 shares of Adapti common stock per Vivakor share.
When is the record date for the special dividend?
The record date for the special dividend is set for August 20, 2025.
How much is the special dividend currently valued at?
The dividend is currently valued at about $0.75 million, based on Adapti’s share price of $3.50.
What percentage of Adapti’s outstanding common stock does Vivakor hold?
Vivakor holds 206,595 shares, or roughly 13.5% of the outstanding common stock of Adapti, Inc.
Who is eligible to receive the special dividend?
All Vivakor shareholders are eligible to receive the special dividend, excluding shares held by executives who waived their right to participate.
What is Adapti, Inc.?
Adapti, Inc. operates the AdaptAI software platform for influencer-driven marketing and recently acquired The Ballengee Group, a Dallas-based sports management agency.
Where can I find more information about Vivakor, Inc.?
More information about Vivakor, Inc. is available in the company’s newsroom at https://ibn.fm/VIVK.
Where can I view the full press release about the special dividend?
The full press release can be viewed at https://ibn.fm/d5IEK.
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