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Vivakor, Inc. (VIVK) Stock Surges on $5 Million Direct Offering

Vivakor, Inc. (VIVK) Stock Surges on $5 Million Direct Offering

Author:

Global Cryptocurrency

Published:

2025-10-16 21:17:02

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BTCCSquare news:

Vivakor, Inc. saw its stock jump 7.4551% to $0.3171 amid early trading volatility, fueled by a $5 million direct offering. The energy sector player attracted institutional interest with a securities purchase agreement involving 8.4 million common shares and 14.6 million pre-funded warrants.

The offering, priced at-the-market under Nasdaq rules, is set to close around October 17, 2025. D.Boral Capital LLC acted as the exclusive placement agent. Proceeds are earmarked for expanding Vivakor's U.S. oil logistics operations.

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