Vivakor Fulfills $5.94M Note Obligation via Final Debt-to-Equity Conversion

Vivakor, Inc. announced it has fully satisfied its obligations under a junior secured convertible promissory note held by J.J. Astor & Co. The fulfillment was completed following a final conversion of the remaining debt into shares of the company's common stock.

Key Details

• Final Conversion: On October 9, 2026, J.J. Astor & Co. converted $1,972,472.08 of the note into 878,255 shares of VIVK common stock.
• Original Agreement: The debt originated from a $5,940,000 principal junior secured convertible note issued on July 9, 2025.
• Obligation Fulfilled: Following this transaction, the company has no further obligations under this specific note.