PEDEVCO borrows additional $5M under A&R Credit Agreement for operations

PEDEVCO CORP

On Feb 5, 2026, PEDEVCO drew $5M under its $120M borrowing base credit facility.
Funds will be used for non-operated well operations and other payables.
Drawdown approved by majority holders of Series A Convertible Preferred Stock via written consent on Feb 2.
Total borrowings under facility now $98M ($87M initial + $6M Jan 8 + $5M Feb 5).

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.95

PEDEVCO CORP incurred revolving credit of borrowed an additional $5 million with Citibank, N.A. as administrative agent and the lenders from time to time party thereto.

Instrument: revolving credit
Principal: borrowed an additional $5 million
Counterparty: Citibank, N.A. as administrative agent and the lenders from time to time party thereto
Event: incurrence

Exact text from the filing

On February 5, 2026, the Company borrowed an additional $5 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 0001654954-26-000956

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