Vivakor Prices $3.5 Million Registered Direct Offering to a Single Investor
The raise follows a recently closed $40 million credit facility to expand its crude‑oil trading platform.
Overview
- The company agreed to sell 10,909,090 common shares and 5,000,000 pre‑funded warrants to one institutional investor.
- The closing is expected on or about October 27, 2025, subject to customary conditions.
- D. Boral Capital LLC is the exclusive placement agent, and the deal is being made under Vivakor’s Form S‑3 shelf declared effective on February 10, 2023.
- Chairman, president and CEO James Ballengee is scheduled to present at the ThinkEquity Investor Conference on October 30 at 2:00 p.m. Eastern in New York.
- Shares of VIVK rose 11.91% to $0.2912 after the announcement, according to CoinCentral.