PEDEVCO borrows additional $6M under existing $120M credit facility for well operations

PEDEVCO CORP

Borrowed $6M on Jan 8, 2026, under the A&R Credit Agreement (initial borrowing base $120M, max $250M).
Proceeds to fund participation in non-operated well operations and other payables.
Drawdown approved by Series A Convertible Preferred Stock holders via written consent on Jan 6, 2026.
Total borrowings under the facility now $93M ($87M from October 2025 closing plus $6M).

item 2.03 item 5.07

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

PEDEVCO CORP incurred revolving credit of $6 million with Citibank, N.A..

Instrument: revolving credit
Principal: $6 million
Counterparty: Citibank, N.A.
Event: incurrence

Exact text from the filing

On January 8, 2026, the Company borrowed an additional $6 million under the A&R Credit Agreement (the " Draw Down ").

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306 debt financings filed in the last 30 days. Browse all debt financings →

PEDEVCO CORP filing history →

Source: SEC EDGAR

accession 0001654954-26-000231

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