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FAQ: Vivakor's Special Dividend of Adapti Shares - Record Date Reset and Details

FaqStaq News - Just the FAQs • August 20, 2025
By FAQstaq Staff
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FAQ: Vivakor's Special Dividend of Adapti Shares - Record Date Reset and Details

Summary

Vivakor, Inc. has reset the record date for its special dividend of Adapti Inc. shares to September 5, 2025, from August 20, 2025. This dividend will distribute approximately 0.0079 Adapti shares per Vivakor share to shareholders, valued at about $0.515 million total based on Adapti's current share price.

What is the main announcement in this press release?

Vivakor, Inc. has reset the record date for its special dividend of Adapti Inc. shares to September 5, 2025, from the previously announced date of August 20, 2025.

Why is this special dividend significant for Vivakor shareholders?

Shareholders will receive approximately 0.0079 Adapti shares per Vivakor share they own, representing a distribution of Vivakor’s 13.5% ownership stake in Adapti, valued at about $0.515 million total at Adapti’s current $2.50 share price.

How many Adapti shares does Vivakor own and what percentage does this represent?

Vivakor holds about 206,595 Adapti shares, which represents 13.5% ownership of Adapti Inc.

When is the new record date for shareholders to be eligible for the dividend?

The record date has been reset to September 5, 2025, for shareholders to be eligible to receive the special dividend of Adapti shares.

What is Adapti Inc. and why is it relevant to this dividend?

Adapti Inc. is the company whose shares are being distributed as a dividend; it recently acquired The Ballengee Group, a Dallas-based sports management agency with about 200 professional athletes.

Where can investors find more information about Vivakor and this announcement?

Investors can view the full press release at https://ibn.fm/IQGky and access the latest news and updates relating to VIVK in the company’s newsroom at https://ibn.fm/VIVK.

What is Vivakor’s core business and mission?

Vivakor is an integrated provider of energy transportation, storage, reuse and remediation services, with a mission to develop, acquire, accumulate, and operate assets, properties, and technologies in the energy sector.

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