tiprankstipranks

Vivakor Raises $4.35M Through Convertible Notes

Story Highlights
Vivakor Raises $4.35M Through Convertible Notes

Elevate Your Investing Strategy:

Vivakor ( (VIVK) ) just unveiled an announcement.

Between June 6 and June 9, 2025, Vivakor issued convertible promissory notes to seven non-affiliated accredited investors, raising $4,350,000 after fees. The notes, which mature in twelve months, feature a 15% original issuance discount and a 10% interest charge, and are convertible based on the company’s stock price. Additionally, 652,500 shares of common stock were issued as an incentive.

Spark’s Take on VIVK Stock

According to Spark, TipRanks’ AI Analyst, VIVK is a Neutral.

Vivakor’s overall score reflects strong revenue growth and strategic expansions as positives. However, ongoing profitability challenges and a negative P/E ratio weigh down the score. Technical indicators suggest neutral market sentiment.

To see Spark’s full report on VIVK stock, click here.

More about Vivakor

Average Trading Volume: 594,907

Technical Sentiment Signal: Sell

Current Market Cap: $37.79M

See more insights into VIVK stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1