Vivakor Retires Remaining J.J. Astor Convertible Note, Eliminating Outstanding Debt Under $15.2M Note Portfolio

Final conversion retires the last of four convertible notes, eliminating the related debt obligations

Dallas, TX, Nov. 09, 2026 (GLOBE NEWSWIRE) -- Vivakor, Inc. (NASDAQ:VIVK) ("Vivakor" or the "Company"), an integrated provider of energy transportation, storage, reuse and remediation services, today announced that the remaining outstanding balance on the last of four separate convertible notes held by J.J. Astor & Co. ("JJ Astor") was converted into common stock on November 6, 2026.

With the first three notes previously retired, this final conversion completes the retirement of all four notes, which had an aggregate original face value of approximately $15.2 million. No debt remains outstanding under these notes.