Vivakor Signs Term Sheet to Expand Crude Oil Marketing and Remediation Businesses

Consideration would be paid in new Series of Preferred Equity Dallas, TX, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Vivakor, Inc. (Nasdaq: VIVK) (“Vivakor” or the “Company”), an integrated provider of energy transportation, storage, reuse, and remediation services, announced today it has signed a term sheet with a non-affiliate counterparty to provide up to $23 million in funding in exchange for the issuance of a new series of convertible preferred stock. The contemplated transaction is designed to accelerate the ...