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GlobeNewswire·

Vivakor Completes Retirement of Convertible Notes Totaling $15.2 Million

  • Vivakor, Inc. completed the conversion of the final outstanding balance of its four convertible notes held by J.J. Astor & Co. on November 6, 2026.
  • The total aggregate original face value of the retired notes was approximately $15.2 million.
  • All debt obligations associated with the four notes have been eliminated, leaving no outstanding debt under these agreements.
  • James Ballengee, Chairman, President & CEO, stated the retirement strengthens the balance sheet & improves financial flexibility by removing future interest expenses.
  • The Company's integrated facilities provide crude oil, storage, transportation, reuse, & remediation services under long-term contracts.
  • The press release includes standard forward-looking statement cautions regarding risks, uncertainties, & potential differences between anticipated & actual results.
Company
Vivakor, Inc.
Keywords
Nasdaq:VIVK, Vivakor, Inc., Vivakor, Inc., Nasdaq: VIVK, J.J. Astor & Co., Completes Retirement, Convertible Notes, energy transportation, remediation services