Vivakor Announces Pricing of $2.7 Million Registered Direct Offering of Common Stock and Pre-Funded Warrants

Core Points - Vivakor, Inc. has entered into securities purchase agreements for the sale of 13,000,000 shares of common stock and 2,000,000 pre-funded warrants, generating gross proceeds of $2.7 million [1] - The offering is expected to close on or about October 31, 2025, pending customary closing conditions [1] Company Overview - Vivakor operates in two main business segments: crude oil transportation services and facility services for terminaling and storage of crude oil and its byproducts [4] - The company's transportation services include trucking and pipeline transportation of crude oil, primarily in active regions such as Colorado's DJ Basin, Central Oklahoma's STACK play, and the Permian and Eagle Ford Basins in Texas [5] - Each new oil well in the Permian Basin produces approximately 1,300 barrels of crude oil or more per day, highlighting the productivity of the region [5]