other material
confidence high
sentiment neutral
materiality 0.60
PEDEVCO announces 1-for-20 reverse stock split effective March 13, 2026
PEDEVCO CORP
- Reverse split at 1-for-20 ratio; shares to reduce from ~266M to ~13.3M.
- Effective March 13, 2026 at 12:01 a.m. ET; trading begins on NYSE American post-split.
- No fractional shares issued; cash paid based on prior day's closing price.
- Trading symbol 'PED' unchanged; new CUSIP 70532Y402.
- Board cites post-merger capital structure streamlining and institutional investor appeal.