Core Viewpoint - Vivakor, Inc. has announced a registered direct offering of common stock and pre-funded warrants, aiming to raise approximately $3.5 million in gross proceeds, with the closing expected around October 27, 2025 [1][3]. Group 1: Offering Details - The company is entering into securities purchase agreements with a single institutional investor for the sale of 10,909,090 shares of common stock and 5,000,000 pre-funded warrants [1]. - D. Boral Capital LLC is acting as the exclusive placement agent for this offering [2]. - The offering is conducted under a "shelf" Registration Statement on Form S-3, which was declared effective by the SEC on February 10, 2023 [3]. 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 [4]. - 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 in Texas [5]. - The company utilizes a crude oil trucking fleet to transport oil to facilities for blending waste streams and off-spec grades, with each new oil well in the Permian Basin producing approximately 1,300 barrels of crude oil or more per day [5].

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].