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Vivakor (VIVK) just unveiled an announcement.
The Company recently rewarded Mr. Knapp with 140,190 shares for his signing bonus and converted a $1M promissory note into 903,095 shares for a non-affiliated investor. Both transactions were facilitated under specific exemptions as both parties are accredited investors. Mr. Knapp, a seasoned corporate securities lawyer with extensive experience in the midstream petroleum industry, has been appointed as Executive Vice President, General Counsel, and Secretary. His background in high-value transactions and leadership roles in the energy sector positions him as a key asset for the company’s growth. Additionally, the Company has closed its acquisition of several firms, including Endeavor Crude and Meridian Equipment Leasing, further indicating an aggressive expansion strategy.
Learn more about VIVK stock on TipRanks’ Stock Analysis page.