Vivakor Confirms Special Dividend of Adapti, Inc. Record Date Set for August 20, 2025

Core Points - Vivakor, Inc. announced a special dividend plan for shareholders with a record date of August 20, 2025 [1] - The company holds approximately 13.5% of Adapti, Inc.'s outstanding shares, which will be distributed as part of the special dividend [2][3] - Each Vivakor shareholder will receive approximately 0.0079 shares of Adapti, Inc. common stock per Vivakor share, valuing the special dividend at approximately $0.75 million based on Adapti's current share price of $3.50 [3] Company Overview - Vivakor, Inc. is an integrated provider of energy transportation, storage, reuse, and remediation services, operating one of the largest fleets of oilfield trucking services in the continental United States [6] - The company's mission focuses on developing, acquiring, and operating assets in the energy sector, providing services under long-term contracts [6] - Vivakor's oilfield waste remediation facilities aim to recover, reuse, and dispose of petroleum byproducts and oilfield waste products [7] Recent Developments - Adapti, Inc. has become a mandatory SEC reporting company after filing its Form 10 Registration Statement in September 2024 and its Annual Report on 10K for the period ended March 31, 2025 on July 3, 2025 [4] - Adapti, Inc. acquired The Ballengee Group, LLC, a sports management agency representing approximately 200 professional athletes, on July 14, 2025 [5]