Vivakor, Inc. Announces Special Dividend of Adapti Shares to Shareholders

July 31st, 2025 2:33 PM
By: Newsworthy Staff

Vivakor, Inc. has set August 20, 2025, as the record date for a special dividend distributing Adapti, Inc. shares to its shareholders, marking a significant move in shareholder value enhancement.

Vivakor, Inc. Announces Special Dividend of Adapti Shares to Shareholders

Vivakor, Inc. (NASDAQ: VIVK), a company known for its integrated services in the energy sector, including transportation, storage, reuse, and remediation, has officially announced August 20, 2025, as the record date for its special dividend to shareholders. This dividend involves the distribution of shares of Adapti, Inc. (OTCID: ADTI), a company that operates the AdaptAI software platform, which specializes in influencer-driven marketing. Vivakor holds a 13.5% stake in Adapti, amounting to 206,595 shares of its outstanding common stock.

The special dividend will see Vivakor shareholders receiving approximately 0.0079 shares of Adapti common stock for each share of Vivakor they own. This distribution excludes shares held by executives who have waived their participation rights. Based on Adapti's current share price of $3.50, the dividend is valued at around $0.75 million, offering a tangible benefit to Vivakor's shareholders. This move is part of Vivakor's strategy to enhance shareholder value and reflects its confidence in Adapti's growth potential, especially following Adapti's recent acquisition of The Ballengee Group, a Dallas-based sports management agency representing about 200 professional athletes.

For more details on this announcement, interested parties can view the full press release here. This development is a testament to Vivakor's commitment to leveraging its assets and investments to deliver value to its shareholders, while also highlighting the growing synergy between the energy and technology sectors through strategic partnerships and acquisitions.

Source Statement

This news article relied primarily on a press release disributed by InvestorBrandNetwork (IBN). You can read the source press release here,

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