{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-26-000956","form_type":"8-K","ticker":"PED","cik":"0001141197","company_name":"PEDEVCO CORP","filed_at":"2026-02-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.612915+00:00","generated_at":"2026-05-16T04:18:01.738589+00:00","sec_items":["2.03","5.07"],"event_type":"debt","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"PEDEVCO borrows additional $5M under A&R Credit Agreement for operations","bullets":["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)."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-26-000956","json":"https://secwatch.observer/filing/0001654954-26-000956.json","markdown":"https://secwatch.observer/filing/0001654954-26-000956.md","text":"https://secwatch.observer/filing/0001654954-26-000956.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1141197/000165495426000956/0001654954-26-000956-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1141197/000165495426000956/ped_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T04:18:01.738589+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":"3f29386a96216e92ea0ad8a822251af60644a4d4","claim":"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.","evidence_excerpt":"On February 5, 2026, the Company borrowed an additional $5 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/1141197/000165495426000956/0001654954-26-000956-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"borrowed an additional $5 million"},{"label":"Counterparty","value":"Citibank, N.A. as administrative agent and the lenders from time to time party thereto"},{"label":"Event","value":"incurrence"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}