Final conversion retires the last of four convertible notes, eliminating the related debt obligations

Dallas, TX, Nov. 09, 2026 (GLOBE NEWSWIRE) -- Vivakor, Inc. (NASDAQ:VIVK) ("Vivakor" or the "Company"), an integrated provider of energy transportation, storage, reuse and remediation services, today announced that the remaining outstanding balance on the last of four separate convertible notes held by J.J. Astor & Co. ("JJ Astor") was converted into common stock on November 6, 2026.

With the first three notes previously retired, this final conversion completes the retirement of all four notes, which had an aggregate original face value of approximately $15.2 million. No debt remains outstanding under these notes.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.