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Vivakor Provides Update On Closing Of Merger With Empire Diversified Energy; Was Previously Announced To Close In 2024, Is Now Being Revised To Q1 Of 2025

Benzinga·10/30/2024 12:15:29
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Empire's Port Infrastructure to Provide Synergies for Vivakor to Boost Revenue and Growth

DALLAS, TX / ACCESSWIRE / October 30, 2024 / Vivakor, Inc. (NASDAQ:VIVK) ("Vivakor" or the "Company"), an integrated provider of energy transportation, storage, reuse, and remediation services, today provided an update on the anticipated merger with Empire Diversified Energy, Inc. ("Empire" and the "Merger", respectively). The Merger, which was previously announced to close in 2024, is now being revised to the first quarter of 2025. This guidance is being revised due to the delay in Vivakor closing its recent acquisition of the Endeavor Entities, which was effective on October 1, 2024.