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0 0.0552584670231729 0.0552584670231729 0.0989304812834224 0.0249584076054664 -0.0595306001188354 -0.145873440285205 -0.16815210932858
Stock impact report

Vivakor Signs Term Sheet to Expand Crude Oil Marketing and Remediation Businesses [Yahoo! Finance]

Vivakor, Inc. (VIVK) 
NASDAQ:AMEX Investor Relations: vivakor.com
Company Research Source: Yahoo! Finance
Dallas, TX, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Vivakor, Inc. (Nasdaq: VIVK) (“Vivakor” or the “Company”), an integrated provider of energy transportation, storage, reuse, and remediation services, announced today it has signed a term sheet with a non-affiliate counterparty to provide up to $23 million in funding in exchange for the issuance of a new series of convertible preferred stock. The contemplated transaction is designed to accelerate the growth of Vivakor's crude oil marketing and remediation businesses, while also strengthening integration across its trucking and transportation operations in the Permian and Eagle Ford Basins. Vivakor Chairman, President and CEO James Ballengee commented, “This proposed transaction would directly support two of our expanding business segments, crude oil marketing and remediation, while also driving additional volumes across our trucking fleet. By aligning new customer commitments with existing infrastructure, we create synergies across al Show less Read more
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