Vivakor, Inc. (VIVK) AI Dilution Summary

Estimated cash was $4,345,668 as of 2026-09-25, rolled forward from $256,853 at 2026-06-30, against estimated monthly burn of $610,679. The most recent raise was a $12,000,000 gross private placement of notes that closed 2026-07-16. Dilution here is driven primarily by the $15,000,000 May 2026 Convertible Promissory Notes.