VIVK 8-K
Vivakor, Inc. (VIVK)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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Item 5.07 Submission of Matters to a Vote of Security Holders.
On December 27, 2024, Vivakor, Inc. (the “Company”) held its 2024 annual meeting of stockholders (the “Annual Meeting”). The total shares voted at the meeting were 24,598,766, meaning greater than 50% of the shares of common stock outstanding and entitled to vote at the Annual Meeting were present in person or by proxy thereby constituting a quorum. The results of the matters voted on by the Company’s stockholders are set forth immediately below.
Proposal 1
Election of the four nominees to the Company’s board of directors:
| Name | Votes For | Votes Against | Withheld | Percentage Voted For | ||||||||||||
| James Ballengee | 24,544,488 | 0 | 54,278 | 59.85 | % | |||||||||||
| Tyler Nelson | 20.248,337 | 0 | 4,350,429 | 49.37 | % | |||||||||||
| John Harris | 24,515,038 | 0 | 83,728 | 59.78 | % | |||||||||||
| Albert Johnson | 24,411,171 | 0 | 187,595 | 59.27 | % | |||||||||||
| Michael Thompson | 24,544,588 | 0 | 54,178 | 59.85 | % | |||||||||||
Proposal 2
Ratification of the selection of Urish Popeck & Co., LLC as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024:
| Votes For | Votes Against | Votes Abstained | Broker Non-Votes | |||||||||
| 24,541,945 | 7,827 | 0 | — | |||||||||
Proposal 3
Approval, on a non-binding advisory basis, the compensation of the Company’s named executive officers:
| Votes For | Votes Against | Votes Abstained | Broker Non-Votes | |||||||||
| 24,371,967 | 108,923 | 117,876 | — | |||||||||
On the basis of the above votes, (i) James Ballengee, Tyler Nelson, John Harris, Albert Johnson and Michael Thompson were elected as members of the Board; (ii) the proposal to ratify the selection of Urish Popeck & Co., LLC as the Company’s independent registered public accountant for the fiscal year ending December 31, 2024 was adopted; and (iii) the proposal to approve on a non-binding advisory basis, the compensation of the Company’s named executive officers was adopted.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| VIVAKOR, INC. | |||
| Dated: January 3, 2025 | By: | /s/ James Ballengee | |
| Name: | James Ballengee | ||
| Title: | Chief Executive Officer | ||
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