Curated News
By: NewsRamp Editorial Staff
May 30, 2025
Vivakor Approves Special Dividend in Shares of Adapti, Inc.
TLDR
- Vivakor announces special dividend in Adapti shares, giving competitive advantage to eligible shareholders.
- Eligible shareholders receive 0.0079 Adapti shares per Vivakor share in $815,000 distribution; record date to be announced.
- Adapti's products through its AdaptAI platform aim to make the world better by improving efficiency and technology in product marketing.
- Adapti, formerly Scepter Holdings, became an SEC-reporting company in 2024, marking a significant development in the industry.
Impact - Why it Matters
This news matters as it highlights Vivakor's commitment to rewarding shareholders and the growth potential of Adapti, positioning both companies positively in the energy sector.
Summary
Vivakor (NASDAQ: VIVK) announced a special dividend of Adapti, Inc. shares for eligible shareholders, excluding the CEO and CFO. The distribution is valued at $815,000, with the record date to be announced soon. Adapti, an SEC-reporting company, markets products using its AdaptAI platform.
Vivakor, an integrated provider of energy services, operates a large fleet of oilfield trucking services in the U.S. The company's mission is to develop and operate assets in the energy sector, offering crude oil gathering, storage, transportation, reuse, and remediation services under long-term contracts.
Source Statement
This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, Vivakor Approves Special Dividend in Shares of Adapti, Inc.
