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Vivakor Inc. (VIVK) Stock Surges 11.9% Following $3.5 Million Direct Offering

Vivakor Inc. (VIVK) Stock Surges 11.9% Following $3.5 Million Direct Offering

Author:

Global Cryptocurrency

Published:

2025-10-24 22:01:02

22

3

BTCCSquare news:

Vivakor Inc. shares jumped 11.91% to $0.2912 after announcing a $3.5 million direct offering. The company sold 10.9 million common shares and 5 million pre-funded warrants, with D. Boral Capital LLC acting as the exclusive placement agent.

Proceeds will fuel expansion in energy infrastructure, including crude transport and terminal growth. The deal, set to close by October 2025, signals institutional confidence in Vivakor's oil logistics network.

Trading volume spiked on the news, reflecting market Optimism about the capital infusion. The offering strengthens Vivakor's position in a sector increasingly embracing blockchain-based solutions for commodity tracking.

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