Vivakor, Inc. (NASDAQ: VIVK), a leader in energy transportation, storage, reuse, and remediation services, has officially announced August 20, 2025, as the record date for its special dividend distribution of Adapti, Inc. (OTCID: ADTI) shares to its shareholders. This move underscores Vivakor's commitment to delivering value to its shareholders through strategic holdings in Adapti, a company known for its AdaptAI software platform that revolutionizes influencer-driven marketing.
Shareholders of Vivakor are set to receive approximately 0.0079 shares of Adapti common stock for each share of Vivakor they own, excluding those held by executives who have waived their participation rights. Based on Adapti's current share price of $3.50, the total value of this dividend distribution is estimated at around $0.75 million. This distribution is a testament to Vivakor's strategic investment in Adapti, which recently expanded its portfolio by acquiring The Ballengee Group, a Dallas-based sports management agency representing nearly 200 professional athletes.
The significance of this dividend extends beyond the immediate financial benefit to shareholders. It highlights Vivakor's strategic approach to leveraging its investments in innovative companies like Adapti to enhance shareholder value. For more details on this announcement, interested parties can view the full press release here.
This development is particularly noteworthy for investors and industry observers as it reflects the growing intersection between energy services and technology-driven marketing solutions. The special dividend not only rewards Vivakor's shareholders but also signals confidence in Adapti's growth trajectory and its recent strategic acquisition. For ongoing updates and news related to Vivakor, Inc., stakeholders are encouraged to visit the company's newsroom here.
