Vivakor, Inc., based in Dallas, Texas, has announced a significant transaction involving a securities purchase agreement with a prominent institutional investor. Under the terms of the agreement, the company will sell 8,417,645 shares of its common stock, each with a par value of $0.001, along with 14,689,851 pre-funded warrants. These warrants will allow the investor to purchase shares at the same par value of $0.001. This registered direct offering is priced according to the market rules set by Nasdaq, and the closing is anticipated to occur around October 17, 2025, contingent upon the fulfillment of standard closing conditions.
The gross proceeds from this offering are expected to be approximately $5 million, although this figure will be subject to deductions for placement agent fees and other related expenses incurred by the company. Vivakor plans to allocate the net proceeds towards working capital and general corporate objectives. D. Boral Capital LLC has been designated as the exclusive placement agent for this offering.
This offering is being conducted in accordance with a “shelf” Registration Statement on Form S-3, which the company filed with the Securities and Exchange Commission (SEC) and was declared effective on February 10, 2023. As part of the offering, the company will provide a prospectus supplement that will be filed with the SEC. Interested parties can access the prospectus supplement and accompanying documents via the SEC’s website or directly through D. Boral Capital LLC.
The announcement also clarified that this press release should not be interpreted as an offer to sell or solicit an offer to buy any of Vivakor’s securities, nor should it be construed as a sale in any jurisdiction where such an offering would be illegal without proper registration.
Vivakor, Inc. operates primarily in two segments: crude oil transportation services and facility services for storage and terminaling of various crude oil-related products and waste streams. The company’s transportation services include trucking of crude oil and its constituents, as well as pipeline transportation through the Omega Gathering Pipeline, which stretches approximately 45 miles in Blaine County, Oklahoma. This pipeline is strategically linked to the Cushing, Oklahoma storage hub, providing essential connectivity for oil movement within some of the United States’ most dynamic oil and gas exploration regions.
The company emphasizes that immediate access to flexible and scalable transportation solutions is crucial for successful oil and gas exploration and development. In particular, the Permian Basin—recognized as one of the most productive oil fields—averages about 1,300 barrels of crude oil per day from each new well, highlighting the scale and significance of operations in the area.
In a forward-looking statement included in the release, Vivakor acknowledged that certain statements regarding the expected closing of the securities offering and other operational aspects could be classified as forward-looking statements, which may involve risks and uncertainties. These risks, as outlined in the company’s filings with the SEC, could result in actual outcomes differing materially from those projected. As such, the company advises stakeholders to refrain from placing undue reliance on these forward-looking statements.
For further inquiries, investors can reach out to Vivakor directly via their contact channels.
