VIVK News

In February, eight IPOs raised $271 million, a 76% y/y decline in IPO count and a 97% drop in proceeds. February IPOs raised fewer proceeds than any month since November 2018. The month’s issuers were primarily micro-caps, as the average deal size shrank to a mere $34 million; just one deal raised more than $100 million. Issuance was slow as companies finished preparing 4Q21...read more

While market conditions have forced most IPO candidates to the sidelines, small issuers continue to list, dominating the IPO calendar in recent weeks. As we noted, many have added warrants. Nine of the year’s 15 IPOs have raised $50...read more

Vivakor, which provides soil remediation services focused on hydrocarbon extraction, raised $8 million by offering 1.6 million shares at $5, within the range of $4.50 to $6.50. The company offered 0.1 million more shares than anticipated. Vivakor operates, acquires, and develops clean energy technologies and environmental solutions, specializing in the remediation of soil and...read more

Vivakor, which provides soil remediation services focused on hydrocarbon extraction, announced terms for its Nasdaq uplisting on Thursday. The company is currently listed on the OTC under the symbol "VIVK." The South Salt Lake City, UT-based company plans to raise $8 million by offering 1.5 million shares at a price range of $4.50 to $6.50. At the midpoint of the proposed range,...read more