---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-25-014297"
form_type: "8-K/A"
ticker: "PED"
cik: "0001141197"
company_name: "PEDEVCO CORP"
filed_at: "2025-12-23T23:59:59+00:00"
generated_at: "2026-05-16T12:13:34.690593+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# PEDEVCO completes North Peak merger; pro forma net income $13M for 9 months

## Summary
- Total consideration ~$179.9M: 10.65M Series A Convertible Preferred ($64.2M) plus $115.7M cash to settle North Peak debt.
- PIPE investors bought 6.36M Series A Preferred at $5.50/share for $35M; convert at 10:1 into 63.6M common shares.
- Pro forma combined net income $13.0M for 9 months ended Sep 30, 2025 (standalone loss $1.9M) and $44.4M for FY2024.
- Pro forma diluted EPS $0.05 for 9 months 2025, $0.17 for FY2024.
- Acquired ~281,000 net acres in DJ and Powder River Basins.

## SEC filing metadata
- accession: 0001654954-25-014297
- form_type: 8-K/A
- ticker: PED
- cik: 0001141197
- company_name: PEDEVCO CORP
- filed_at: 2025-12-23T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1141197/000165495425014297/0001654954-25-014297-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1141197/000165495425014297/ped_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-25-014297
- JSON: https://secwatch.observer/filing/0001654954-25-014297.json
- Plain text: https://secwatch.observer/filing/0001654954-25-014297.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.