Vivakor, Inc. Announces Special Dividend of Adapti Shares to Shareholders
TL;DR
Vivakor shareholders gain a strategic advantage through a special dividend of Adapti shares, enhancing portfolio diversity with a stake in influencer-driven marketing technology.
Vivakor announces a special dividend distribution of 0.0079 Adapti shares per Vivakor share, based on a record date of August 20, 2025, valued at approximately $0.75 million.
This dividend distribution by Vivakor fosters shareholder value and supports the growth of Adapti's innovative marketing platform, contributing to the evolution of digital marketing strategies.
Adapti's recent acquisition of The Ballengee Group adds a sports management dimension to its influencer-driven marketing platform, showcasing the dynamic expansion of digital marketing frontiers.
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Vivakor, Inc. (NASDAQ: VIVK), a leader in energy transportation, storage, reuse, and remediation services, has officially announced August 20, 2025, as the record date for its special dividend distribution of Adapti, Inc. (OTCID: ADTI) shares to its shareholders. This move underscores Vivakor's strategic positioning within the energy sector and its commitment to delivering value to its shareholders.
Holders of Vivakor shares as of the record date will receive approximately 0.0079 shares of Adapti common stock for each share of Vivakor they own. This distribution is based on Vivakor's ownership of 206,595 shares of Adapti, representing about 13.5% of Adapti's outstanding common stock. The dividend is currently valued at around $0.75 million, calculated using Adapti's share price of $3.50. It's noteworthy that executives of Vivakor have waived their rights to participate in this dividend, ensuring a larger distribution to other shareholders.
Adapti, Inc., the recipient of Vivakor's investment, operates the AdaptAI software platform, which specializes in influencer-driven marketing. The company recently expanded its portfolio by acquiring The Ballengee Group, a Dallas-based sports management agency that represents approximately 200 professional athletes. This acquisition is expected to enhance Adapti's market position and diversify its revenue streams.
This special dividend represents a strategic allocation of Vivakor's assets and reflects the company's confidence in Adapti's growth potential. For shareholders, this distribution not only provides immediate value but also an opportunity to partake in Adapti's future successes. The energy and technology sectors are closely watching this development, as it highlights the increasing intersection between traditional energy services and innovative technology platforms.
For more details on Vivakor's operations and future announcements, interested parties can visit https://ibn.fm/VIVK. Additionally, the full press release regarding this special dividend can be accessed at https://ibn.fm/d5IEK.
Curated from InvestorBrandNetwork (IBN)
