MergerAug 13, 2026, 05:38 PM
Vivakor, M2i Global Eye Merger to Boost US Critical Minerals Supply
AI Summary
Vivakor, Inc. announced a non-binding Indication of Interest with M2i Global, Inc. for a potential business combination. This strategic move aims to create an expanded U.S.-focused platform spanning commodity marketing, resource recovery, and critical materials supply chain development, with a shared goal of strengthening the U.S. critical minerals supply chain. Separately, Vivakor issued 103,619 shares of common stock by converting $65,280 of convertible notes and 741,830 shares by converting $475,000 of another note.
Key Highlights
- Vivakor and M2i Global signed a non-binding Indication of Interest for a potential business combination.
- The proposed merger aims to strengthen the U.S. critical minerals supply chain and advance domestic mineral independence.
- The IOI contemplates a potential equity-exchange acquisition of M2i by Vivakor, with a 30-day negotiation period.
- Vivakor converted $65,280 of convertible notes into 103,619 common shares for one lender.
- Vivakor converted $475,000 of a junior secured convertible note into 741,830 common shares for J.J. Astor & Co.
Price Impact
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