Vivakor agrees to issue 3,740,586 restricted shares for Series A preferred dividends owed

• Vivakor agreed July 7, 2026 to issue 3,740,586 restricted common shares to satisfy dividends owed on its Series A Preferred Stock.
• Issuance covers dividend periods ending April 30, 2026, July 31, 2026, and Oct. 31, 2026.
• 1,445,349 shares go to Jorgan Development and JBAH Holdings, entities controlled by CEO James Ballengee, or their assignees.
• Transaction ties to an amendment under which Ballengee Holdings will extinguish USD 500,000 owed under a May 23, 2024 promissory note.
• Shares were issued without registration under a Section 4(a)(2) exemption.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vivakor Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001829126-26-007518), on July 10, 2026, and is solely responsible for the information contained therein.