secwatch.observer — SEC 8-K summary
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Issuer:     PEDEVCO CORP (PED)
CIK:        0001141197
Form:       8-K
Filed at:   2026-05-08T23:59:59+00:00
Accession:  0001654954-26-004632
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1141197/000165495426004632/0001654954-26-004632-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1141197/000165495426004632/ped_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-26-004632

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