Core Viewpoint - Vivakor, Inc. has entered into a securities purchase agreement for the sale of 8,417,645 shares of common stock and 14,689,851 pre-funded warrants, aiming to raise approximately $5 million for working capital and general corporate purposes [1][2]. Group 1: Offering Details - The offering is priced at-the-market under Nasdaq rules and is expected to close on or about October 17, 2025, pending customary closing conditions [1]. - The gross proceeds from the offering are approximately $5 million before deducting placement agent fees and other expenses [2]. - D. Boral Capital LLC is acting as the exclusive placement agent for this offering [2]. Group 2: 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 [5]. - The 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 of Texas [6]. - The Omega Gathering Pipeline is a 45-mile crude oil gathering and shuttle pipeline in Blaine County, Oklahoma, connected to the Cushing storage hub [6].