Vivakor Announces Special Dividend in Adapti Shares
TL;DR
Vivakor announces special dividend in Adapti shares, giving competitive advantage to eligible shareholders.
Eligible shareholders receive 0.0079 Adapti shares per Vivakor share in $815,000 distribution; record date to be announced.
Adapti's products through its AdaptAI platform aim to make the world better by improving efficiency and technology in product marketing.
Adapti, formerly Scepter Holdings, became an SEC-reporting company in 2024, marking a significant development in the industry.
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Vivakor, Inc. (NASDAQ: VIVK) has declared a special dividend to be paid in shares of Adapti, Inc., a technology company in which Vivakor holds a 13.5% stake. The dividend will be distributed to eligible shareholders, excluding shares held by the company's CEO and CFO.
Shareholders will receive approximately 0.0079 Adapti shares per Vivakor share, with the current distribution valued at $815,000. The precise record date for the dividend will be announced in the coming weeks.
This strategic move provides Vivakor shareholders indirect exposure to Adapti, a recently SEC-reporting company that markets products using its AdaptAI platform. The dividend represents an opportunity for investors to gain potential value from Vivakor's technology investment portfolio.
The distribution underscores Vivakor's approach to creating shareholder value through strategic investments in emerging technology sectors. By offering shares of Adapti as a dividend, the company provides shareholders with a unique opportunity to participate in the potential growth of an innovative AI-focused enterprise.
Curated from InvestorBrandNetwork (IBN)
