Vivakor Issues Convertible Note Amid Strong Q1 Growth

Vivakor ( (VIVK) ) has provided an update.

Vivakor announced the issuance of a convertible promissory note worth $172,500 to a non-affiliated accredited investor on May 28, 2025, as part of a Securities Purchase Agreement. The note, which matures in twelve months, includes a 15% original issuance discount and a 10% interest charge, and is convertible at 80% of the lower of the company’s stock price or the average of the four lowest VWAPS over the prior 20 trading days. Additionally, Vivakor reported a significant financial performance for the first quarter of 2025, with a 133% increase in revenue to $37.3 million and a 345% rise in gross profit to $4.8 million, driven by the operations of newly acquired Endeavor Entities. The company also announced a special dividend of shares of Adapti, Inc., and an expansion in the Permian Basin with 10 new pipeline stations, indicating a strong start to 2025 and potential for further growth.

Spark’s Take on VIVK Stock

According to Spark, TipRanks’ AI Analyst, VIVK is a Neutral.

Vivakor’s overall stock score is driven by strong technical momentum, despite long-term bearish signals, and robust revenue growth. However, the company’s negative profitability and valuation challenges significantly weigh down its score.

To see Spark’s full report on VIVK stock, click here.

More about Vivakor

Vivakor, Inc. is an integrated provider of sustainable energy transportation, storage, reuse, and remediation services, operating one of the largest fleets of oilfield trucking services in the continental United States. The company focuses on developing, acquiring, and operating assets, properties, and technologies in the energy sector, providing services under long-term contracts.

Average Trading Volume: 574,391

Technical Sentiment Signal: Sell

Current Market Cap: $50.61M

For an in-depth examination of VIVK stock, go to TipRanks’ Stock Analysis page.