Vivakor, Inc. (OTC: VIVK), an integrated provider of energy transportation, storage, reuse, and remediation services, has successfully completed a 1-for-200 reverse stock split of its common stock, effective March 24, 2026. This strategic move aims to satisfy the requirements set forth by the Nasdaq Hearings Panel, allowing the company to continue its listing on the Nasdaq Capital Market. The decision to implement the reverse stock split was approved by the shareholders during a Special Meeting held on December 22, 2025. Following the split, the number of issued and outstanding shares of common stock has been reduced from approximately 410 million to about 2 million shares. The company will temporarily trade under the ticker symbol 'VIVKD' for 20 business days before reverting to 'VIVK'. This action is crucial for Vivakor to regain compliance with Nasdaq's minimum bid price requirement of $1.00 per share by April 30, 2026. The company must maintain this price for ten consecutive trading days to avoid delisting. Vivakor's management remains optimistic about meeting these requirements and continuing its operations effectively in the energy sector.
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