Vivakor has reset the payment date for its previously announced special dividend to September 5, 2026, to allow additional time for administrative and regulatory steps. The record date and all other terms of the dividend remain unchanged, and no action is required by eligible shareholders. The company expects the distribution to occur on or before the new date.

The special dividend will be distributed in the form of shares of Adapti, Inc. common stock. Based on Vivakor's shares outstanding as of the record date, eligible shareholders will receive approximately 0.0074 shares of Adapti, Inc. for each share of Vivakor common stock held. This distribution excludes shares held by the company's Chairman, President and Chief Executive Officer and former Chief Financial Officer, who waived their right to participate.

Vivakor currently holds approximately 206,595 shares of Adapti, Inc. The company continues to work toward completing the necessary processes to facilitate the distribution.

Dividend Details

Vivakor, Inc.'s commodities trading platform, Vivakor Supply & Trading, LLC (VST), has entered into a new recurring Cushing crude oil transaction that lifts its annualized contracted revenue opportunities to about $420 million. This expansion builds upon the company's existing activity in key North American crude oil trading hubs, including the Bakken and Permian Basin, and advances its goal of building a platform capable of supporting more than $1 billion in annualized commercial activity.

Vivakor Supply & Trading, LLC entered into an agreement covering about 100,000 barrels of WTI crude oil per month through the Enterprise Products Cushing Terminal. The deal is expected to run from August 2026 through July 2027. Based on expected volumes and current market pricing, Vivakor expects the transaction to generate about $7.5 million per month, or approximately $90 million in annualized gross revenue.

Key Transaction Details

The financial and operational scope of the agreement highlights the scale of the commitment made by Vivakor Supply & Trading, LLC. The figures below outline the projected metrics based on the contract terms.

Strategic Implications

By securing this supply agreement, Vivakor aims to further stabilize its revenue streams within the volatile energy market. The deal leverages the company's existing infrastructure and logistical expertise to handle significant volumes of crude oil. The transaction demonstrates Vivakor's ability to leverage its integrated infrastructure network to originate, transport, market, and deliver crude oil volumes while increasing utilization across its operating asset base.

Vivakor noted that VST generally recognizes only a small percentage of total contract value as revenue because it acts as an intermediary in the physical commodity supply chain. Actual revenue will depend on market conditions, commodity pricing, transaction structure, and delivered volumes.

"This transaction further strengthens our commercial presence in one of North America’s most important crude oil trading hubs," said James Ballengee, chairman and CEO of Vivakor.