Vivakor, Inc. Form 8-K Filing

Vivakor, Inc. filed a Form 8-K detailing significant corporate actions and a business development update. The company amended its Articles of Incorporation to increase authorized shares to 515,000,000, comprising 500,000,000 common shares and 15,000,000 preferred shares. This amendment was approved by a majority of the company's outstanding voting shares at a special meeting held on December 22, 2025. At the same special meeting, shareholders also approved the Investor Stock Issuances, a Reverse Stock Split, and the 2025 Equity and Incentive Plan. The voting results indicated strong support for all proposals, with a quorum established by the presence of over 50% of the total outstanding votes. Additionally, Vivakor announced on December 22, 2025, its entry into a non-binding letter of intent to acquire Coyote Oilfield Services, LLC. This strategic move aims to expand Vivakor's midstream capabilities by integrating Coyote's expertise in pipeline development, terminal operations, oilfield services, and energy marketing. The acquisition is expected to be finalized by February 28, 2026, subject to customary conditions.