Vivakor Announces 1-for-15 Reverse Stock Split for Nasdaq Listing

Dallas, TX, Sept. 30, 2026 /CourierPR/ -- Vivakor, Inc., an integrated provider of energy transportation, storage, reuse, and remediation services, has announced a 1-for-15 reverse stock split of its issued and outstanding common stock. The reverse stock split is expected to take effect at the opening of trading on the Nasdaq Capital Market on October 5, 2026, under the existing ticker symbol "VIVK."

The company had previously approved a reverse stock split at the ratio of 1-for-20, effective on July 17, 2026, as part of a broader plan to manage its stock price and maintain its listing on the Nasdaq Capital Market. The latest reverse stock split at the ratio of 1-for-15 is intended to further support the company's continued listing.

As a result of the reverse stock split, the number of Vivakor’s outstanding shares will be reduced from approximately 8,981,898 to approximately 598,794. The number of authorized shares will remain unchanged. The company’s common stock will trade under the new CUSIP number 92852R700.

No fractional shares will be issued. Stockholders who would otherwise receive a fractional share will instead receive one whole share.

Vivakor, Inc. is an integrated provider of sustainable energy transportation, storage, reuse, and remediation services. Its corporate mission is to develop, acquire, accumulate, and operate assets, properties, and technologies in the energy sector. The company’s integrated facilities assets provide crude oil, storage, transportation, reuse, and remediation services under long-term contracts. Once operational, Vivakor's interest in oilfield waste remediation facilities will facilitate the recovery, reuse, and disposal of petroleum byproducts and oilfield waste products.

The company’s announcement comes as part of its ongoing efforts to manage its stock price and maintain its listing on the Nasdaq Capital Market. Vivakor’s management believes that the reverse stock split will help to increase the per-share trading price of the company’s common stock, thereby supporting its continued listing and overall market performance.

Forward-looking statements contained in this press release are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are based on current beliefs and expectations and are inherently subject to significant risks and uncertainties. Actual results and the timing of events may differ materially from the results anticipated in these forward-looking statements.