---
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"
generated_at: "2026-05-16T04:18:01.738589+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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).

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 2.03, 5.07
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-26-000956
- JSON: https://secwatch.observer/filing/0001654954-26-000956.json
- Plain text: https://secwatch.observer/filing/0001654954-26-000956.txt

## Key facts
- Debt Financings
  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
  source text: On February 5, 2026, the Company borrowed an additional $5 million under the A&R Credit Agreement (the “ Draw Down ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1141197/000165495426000956/0001654954-26-000956-index.htm

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