Vivakor, Inc. (NASDAQ: VIVK) has entered into a securities purchase agreement with a leading institutional investor for a registered direct offering expected to generate approximately $5 million in gross proceeds. The offering involves the sale of 8,417,645 shares of common stock and 14,689,851 pre-funded warrants exercisable at $0.001 per share, priced at-the-market under Nasdaq rules. The transaction is anticipated to close on or about October 17, 2025, pending customary closing conditions.
The capital infusion comes at a critical time for the integrated energy infrastructure and environmental services company, with net proceeds designated for working capital and general corporate purposes. This funding will support Vivakor's operations across two primary business segments: crude oil transportation services and facility services for terminaling and storage of crude oil and petroleum products. The company's transportation network spans some of the most productive energy regions in the United States, including Colorado's DJ Basin, Central Oklahoma's STACK play, and the Permian and Eagle Ford Basins of Texas.
Vivakor's operations play a vital role in the energy supply chain, particularly in regions where new oil wells in the Permian Basin average approximately 1,300 barrels of crude oil production per day. The company utilizes a crude oil trucking fleet to transport oil to facilities where it blends waste streams and off-spec grades of crude oil. Immediate access to flexible and scalable truck transportation solutions represents a crucial component of oil and natural gas exploration and development activities across these regions.
The company's infrastructure includes the Omega Gathering Pipeline, an approximately 45-mile crude oil gathering and shuttle pipeline located in Blaine County, Oklahoma, which serves the heart of the STACK play. This pipeline connects to the Cushing, Oklahoma storage hub via the Plains STACK Pipeline, positioning Vivakor at a strategic junction in the nation's energy distribution network. Investors can access the latest news and updates relating to VIVK in the company's newsroom at https://ibn.fm/VIVK.
This capital raise demonstrates continued institutional confidence in Vivakor's business model and its position within the energy services sector. The funding will enable the company to maintain and potentially expand its critical infrastructure services during a period of ongoing energy market volatility. D. Boral Capital LLC acted as exclusive placement agent for the offering, which represents a significant financial milestone for the company as it navigates the complex landscape of energy transportation and environmental services.
