---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-26-004632"
form_type: "8-K"
ticker: "PED"
cik: "0001141197"
company_name: "PEDEVCO CORP"
filed_at: "2026-05-08T23:59:59+00:00"
generated_at: "2026-05-14T19:47:40.035900+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# PEDEVCO amends credit facility: EBITDAX definition, redetermination schedule, and reserve report timeline updated

## Summary
- EBITDAX add-back cap raised to greater of $6M or 5% of $120M borrowing base; Juniper Oct 2025 EBITDAX added for Q4 2025 tests.
- Test Period annualizes EBITDAX from Q4 2025, building to trailing-12-month by Q3 2026.
- Next borrowing base redetermination set for July 1, 2026; thereafter semi-annual on April 1 and October 1.
- Next reserve report due June 1, 2026; thereafter semi-annual on March 1 and September 1.

## SEC filing metadata
- accession: 0001654954-26-004632
- form_type: 8-K
- ticker: PED
- cik: 0001141197
- company_name: PEDEVCO CORP
- filed_at: 2026-05-08T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1141197/000165495426004632/0001654954-26-004632-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1141197/000165495426004632/ped_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-26-004632
- JSON: https://secwatch.observer/filing/0001654954-26-004632.json
- Plain text: https://secwatch.observer/filing/0001654954-26-004632.txt

## Source-grounded claims
- claim_id: 0384d98d87e27edfb9233f4aec242be739550de6
  claim: PEDEVCO CORP amended Second Amendment to Credit Agreement with Citibank, N.A., as administrative agent valued at Amended EBITDAX definition, borrowing base redetermination schedule, and reserve report delivery sch (effective 2026-05-05).
  evidence_excerpt: On May 5, 2026 (the “Second Amendment Effective Date”), PEDEVCO Corp., a Texas corporation (the “Company”), entered into a Second Amendment to Credit Agreement (the “Second Amendment”) with Citibank, N.A., as administrative agent (the “Administrative Agent”), each of the guarantors party thereto, and each of the lenders party thereto.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1141197/000165495426004632/0001654954-26-004632-index.htm

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