Vivakor Inc. issued a total of 10,915,027 shares of common stock to J.J. Astor & Co. following the conversion of three portions of its junior secured convertible promissory note: $350,000 on October 10, 2025 (3,323,837 shares), $350,000 on October 15, 2025 (3,796,095 shares), and $350,000 on October 16, 2025 (3,795,095 shares). The shares were issued without a restrictive legend, and the price per transaction was $350,000 each.
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