Vivakor Inc. (NASDAQ: VIVK) announced it has received approval to uplist its common stock to the Nasdaq Capital Market. The company's shares will commence trading on Nasdaq under the ticker symbol "VIVK" effective April 27, 2026.

The approval follows Vivakor's satisfaction of all applicable Nasdaq Capital Market listing requirements, according to the company's statement. Current shareholders are not required to take any action in connection with the uplisting.

"This is a significant milestone for Vivakor and a testament to the dedication and resilience of our team," said James Ballengee, chairman and chief executive officer. "Reestablishing our Nasdaq listing reflects the progress we have made in strengthening our balance sheet, streamlining our operations, and refocusing on our core business."

Vivakor operates as an integrated provider of energy transportation, storage, reuse, and remediation services. The Dallas-based company operates what it describes as one of the largest fleets of oilfield trucking services in the continental United States.

The company's integrated facilities provide crude oil and produced water gathering, storage, transportation, reuse, and remediation services under long-term contracts. Vivakor is developing oilfield waste remediation facilities designed to facilitate recovery, reuse, and disposal of petroleum byproducts and oilfield waste products.

The information is based on a company press release statement.