Vivakor converts $500,000 of J.J. Astor note into 837,860 common shares
Vivakor disclosed that J.J. Astor & Co. converted $500,000 of its Fourth Note into 837,860 shares of common stock on October 29 and 30, 2026, and the company issued those shares without a Rule 144 restrictive legend. The same filing furnished three press releases on a proposed hydrogen plant at a Texas airport, an engagement of a business strategist, and a proposed $40 million acquisition of Direct Midstream, all of which remain subject to definitive agreements.
Key points
- Conversion: $500,000 of the Fourth Note converted into 837,860 common shares between October 29 and October 30, 2026.
- Fourth Note: issued February 27, 2026, with a $993,750 principal amount and $710,000 received before fees; the company says it is the final note outstanding with J.J. Astor.
- Airport project: a nonbinding letter of intent dated October 14, 2026 covers about 12.9 acres for a proposed hydrogen plant and fueling station.
- Direct Midstream: the proposed $40 million acquisition remains subject to a definitive purchase agreement.
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 04, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.