24/7 Market News Snapshot 30 May, 2025 – Vivakor, Inc. Common Stock (NASDAQ:VIVK)
DENVER, Colo., 30 May, 2025 (www.247marketnews.com) – (NASDAQ:VIVK) are discussed in this article.
Vivakor, Inc. has recently captured attention in the financial markets, experiencing a notable surge in pre-market trading. Currently, shares are priced at $1.246, marking an impressive 46.62% increase from the previous day’s close of $0.850, with a trading volume of 17.06 million shares. This substantial momentum indicates heightened investor enthusiasm and suggests strong potential for sustained growth in the company’s market valuation.
Adding to this positive outlook, Vivakor has announced a special dividend plan approved by its Board of Directors, signaling a commitment to delivering shareholder value amidst ongoing strategic growth initiatives. The Company holds approximately 13.5% of the outstanding shares of Adapti, Inc., which is recognized for its innovative AdaptAI software platform that enhances product marketing by connecting brands with influencers. Consequently, Vivakor will issue a special dividend that allocates approximately 0.0079 shares of Adapti’s common stock for every share of Vivakor owned by shareholders. With an estimated value of around $0.815 million based on current market conditions, this dividend represents a strategic move to boost shareholder engagement.
In a noteworthy decision, Vivakor’s Chief Executive Officer and Chief Financial Officer have chosen to forgo their rights to this dividend, thereby augmenting distribution for other shareholders. The record date for this dividend will be announced shortly, reinforcing Vivakor’s dedication to maximizing shareholder wealth.
As the Company continues its operational expansions, leveraging one of the largest fleets of oilfield trucking services, it remains firmly committed to advancing sustainable energy solutions while exploring innovative partnerships and technologies. This proactive approach solidifies Vivakor’s aspiration to thrive within the evolving energy sector, promising exciting prospects for investors and stakeholders alike.