other
confidence high
sentiment neutral
materiality 0.55
PEDEVCO announces 1-for-20 reverse stock split effective March 13, 2026
PEDEVCO CORP
- Ratio 1-for-20; effective 12:01 AM ET on March 13, 2026; ticker PED unchanged.
- Outstanding shares reduced from ~266M to ~13.3M; CUSIP changes to 70532Y402.
- No fractional shares; holders receive cash in lieu at prior day's closing price.
- Board cites post-merger streamlining with Juniper Capital to improve capital markets profile.
- Approved by majority stockholders via written consent on Oct 31, 2025; not related to listing requirements.