{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-26-000231","form_type":"8-K","ticker":"PED","cik":"0001141197","company_name":"PEDEVCO CORP","filed_at":"2026-01-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.612673+00:00","generated_at":"2026-05-16T11:01:56.008485+00:00","sec_items":["2.03","5.07"],"event_type":"debt","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"PEDEVCO borrows additional $6M under existing $120M credit facility for well operations","bullets":["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)."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-26-000231","json":"https://secwatch.observer/filing/0001654954-26-000231.json","markdown":"https://secwatch.observer/filing/0001654954-26-000231.md","text":"https://secwatch.observer/filing/0001654954-26-000231.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1141197/000165495426000231/0001654954-26-000231-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1141197/000165495426000231/ped_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T11:01:56.008485+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ba830e0e82f3bc28e8f6c0f5d1c2236dbe7658e0","claim":"PEDEVCO CORP incurred revolving credit of $6 million with Citibank, N.A..","evidence_excerpt":"On January 8, 2026, the Company borrowed an additional $6 million under the A&R Credit Agreement (the \" Draw Down \").","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1141197/000165495426000231/0001654954-26-000231-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$6 million"},{"label":"Counterparty","value":"Citibank, N.A."},{"label":"Event","value":"incurrence"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}