Vivakor Announces Special Dividend in Adapti Shares
Vivakor, Inc. will distribute shares of Adapti, Inc. to eligible shareholders, representing a strategic move to provide value through its investment in the AI technology company.
Vivakor, Inc. (NASDAQ: VIVK) has declared a special dividend to be paid in shares of Adapti, Inc., a technology company in which Vivakor holds a 13.5% stake. The dividend will distribute approximately 0.0079 Adapti shares per Vivakor share, with a current valuation of $815,000.
Shareholders should note that the company's CEO and CFO will not participate in the dividend distribution. The record date for this special dividend will be announced in the coming weeks.
Adapti, previously known as Scepter Holdings, is an SEC-reporting company that markets products using its AdaptAI platform. This dividend distribution represents an opportunity for Vivakor shareholders to gain exposure to an emerging technology company.
The special dividend highlights Vivakor's strategic approach to leveraging its investment portfolio and providing additional value to its shareholders. By distributing shares of Adapti, the company offers investors potential upside in a technology enterprise while maintaining its core focus on sustainable energy services.