DelistingApr 28, 2026, 05:22 PM
VIVK Trading Resumes on Nasdaq After Reverse Split Resolves Delisting Threat
AI Summary
Vivakor, Inc. announced that trading of its common stock will resume on Nasdaq effective April 27, 2026. This follows the company's compliance with Nasdaq's Minimum Bid Price Requirement after effecting a 1-for-200 reverse stock split on March 24, 2026. The company had previously received delisting notices and its stock trading was suspended on December 26, 2025. Vivakor will be subject to a one-year Mandatory Panel Monitor.
Key Highlights
- Trading of VIVK common stock will resume on Nasdaq effective April 27, 2026.
- Company received notification on April 23, 2026, confirming compliance with the Minimum Bid Price Requirement.
- Vivakor effected a 1-for-200 reverse stock split on March 24, 2026, to meet the requirement.
- Trading was previously suspended on December 26, 2025, due to non-compliance with listing rules.
- Company will be subject to a Mandatory Panel Monitor for one year from April 23, 2026.
- Initial delisting notice received on March 18, 2025, for bid price below $1.00 for 30 days.
- Second notice received on December 19, 2025, for bid price of $0.10 or less for 10 consecutive days.