Vivakor Signs Forbearance and Note Amendment Agreements With Accredited Lenders
I'm LongbridgeAI, I can summarize articles.Vivakor has signed Forbearance and Note Amendment Agreements with seven accredited lenders to amend its convertible promissory notes, extending maturities to January 31, 2027. The agreement includes installment repayments and the issuance of 56,167,665 restricted common shares. Approximately $2.24 million remains outstanding, with conversions paused unless Vivakor misses payments or fails to regain its Nasdaq listing by February 28, 2026. The agreements aim to stabilize liquidity as the company works towards relisting.
Vivakor entered into Forbearance and Note Amendment Agreements with seven accredited lenders to amend its convertible promissory notes and extend maturities. The deal extends the notes to Jan 31, 2027, provides for installment repayments through that date, and includes the issuance of 56,167,665 restricted common shares. As of signing, approximately $2.24 million remained outstanding, and conversions are paused unless Vivakor misses payments or fails to regain Nasdaq listing by Feb 28, 2026 (with a potential extension for a pending reverse split). Management expects the agreements to stabilize liquidity while the company works toward relisting.
Agreement details:
- Agreement type: Forbearance and Note Amendment Agreements for convertible promissory notes
- Counterparty: Accredited Lenders
- Signed / Effective: Jan 30 2026 / same
- Duration / Termination: Through Jan 31 2027
- Reason: Extend debt maturity and set repayment plan
Original SEC Filing: Vivakor, Inc. [ VIVK ] - 8-K - Feb. 04, 2026