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Vivakor Resets Payment Date of Special Dividend to December 31, 2025
Globenewswire· 2025-10-31 19:17
Core Points - Vivakor, Inc. has reset the payment date for its special dividend to December 31, 2025, due to the need for communication and filings with the Securities and Exchange Commission, which are hindered by the government shutdown [1] - The ex-dividend date remains September 5, 2025, and the dividend will be paid to holders of record as of that date [2] - Vivakor holds 206,595 shares of Adapti, Inc., which recently acquired a sports agency to integrate with its AdaptAI software platform [3] - Vivakor is an integrated provider of energy transportation, storage, reuse, and remediation services, focusing on developing and operating assets in the energy sector [4] Company Overview - Vivakor's mission includes developing, acquiring, and operating assets in the energy sector, with integrated facilities for crude oil storage, transportation, and remediation services [4] - The company’s oilfield waste remediation facilities aim to recover, reuse, and dispose of petroleum byproducts and oilfield waste [4]
Vivakor Resets Payment Date of Special Dividend to October 31, 2025
Globenewswire· 2025-09-26 12:30
Core Points - Vivakor, Inc. has reset the payment date for its special dividend to shareholders to October 31, 2025, with the ex-dividend date being September 5, 2025 [1] - Each Vivakor shareholder will receive approximately 0.0074 shares of Adapti, Inc. common stock per Vivakor share, valuing the special dividend at approximately $0.200 million based on Adapti's current share price of $1.00 [2] - Vivakor currently holds 206,595 shares of Adapti, Inc., representing about 13.5% of the outstanding common shares [3] Company Overview - Vivakor, Inc. is an integrated provider of energy transportation, storage, reuse, and remediation services, focusing on developing and operating assets in the energy sector [4] - The company’s facilities provide crude oil storage, transportation, and remediation services under long-term contracts, facilitating the recovery and disposal of petroleum byproducts [4]
Vivakor Sets Payment Date of Special Dividend for September 26, 2025
Globenewswire· 2025-09-03 16:50
Core Points - Vivakor, Inc. announced a special dividend payment date of September 26, 2025, to shareholders of record as of September 5, 2025 [1] - The special dividend will entitle each Vivakor shareholder to receive approximately 0.0079 shares of Adapti, Inc. common stock per Vivakor share, valued at approximately $0.515 million based on Adapti's current share price of $2.50 [2] - Vivakor currently holds approximately 13.5% of Adapti, Inc. shares and has recently acquired a sports agency to integrate with its AdaptAI software platform [3] Company Overview - Vivakor, Inc. is an integrated provider of energy transportation, storage, reuse, and remediation services, focusing on developing and operating assets in the energy sector [4] - The company’s facilities provide crude oil storage, transportation, and remediation services under long-term contracts, facilitating the recovery and disposal of petroleum byproducts [4]
Vivakor Resets Record Date of Special Dividend of Adapti, Inc. Shares for September 5, 2025
Globenewswire· 2025-08-19 22:18
Core Points - Vivakor, Inc. has announced a change in the record date for its special dividend to shareholders, moving it from August 20, 2025, to September 5, 2025 [1] - The company currently holds approximately 13.5% of Adapti, Inc.'s outstanding shares, which is 206,595 shares [2] - Each Vivakor shareholder will receive approximately 0.0079 shares of Adapti, Inc. common stock per Vivakor share, valuing the special dividend at approximately $0.515 million based on Adapti's current share price of $2.50 [3] Company Overview - Vivakor, Inc. is an integrated provider of energy transportation, storage, reuse, and remediation services, focusing on developing and operating assets in the energy sector [6] - The company’s facilities provide crude oil storage, transportation, and remediation services under long-term contracts, facilitating the recovery and disposal of petroleum byproducts [6] Recent Developments - Adapti, Inc., previously known as Scepter Holdings, Inc., has become a mandatory SEC reporting company after filing its Form 10 Registration Statement in September 2024 [4] - Adapti, Inc. acquired The Ballengee Group, LLC, a sports management agency representing around 200 professional athletes, on July 14, 2025 [5]