{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-26-005181","form_type":"8-K","ticker":"PED","cik":"0001141197","company_name":"PEDEVCO CORP","filed_at":"2026-05-20T20:15:57+00:00","discovered_at":"2026-05-20T20:17:00.386148+00:00","generated_at":"2026-05-20T21:23:31.809263+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"PEDEVCO increases credit facility borrowing base to $125M from $120M, effective May 19, 2026","bullets":["Borrowing base and elected commitment raised to $125M under Third Amendment to Credit Agreement.","Next scheduled redetermination of borrowing base set for on or about July 1, 2026.","Amendment with Citibank as administrative agent; lender commitments reallocated among five banks.","No other material changes to Credit Agreement terms or financial covenants."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-26-005181","json":"https://secwatch.observer/filing/0001654954-26-005181.json","markdown":"https://secwatch.observer/filing/0001654954-26-005181.md","text":"https://secwatch.observer/filing/0001654954-26-005181.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1141197/000165495426005181/0001654954-26-005181-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1141197/000165495426005181/ped_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T21:23:31.809263+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"577ef9fc9fff51154a96b6c1d03340258ad58059","claim":"PEDEVCO CORP amended credit facility of increase the borrowing base and elected commitment amount from $120 million to $125 million with Citibank, N.A., as administrative agent.","evidence_excerpt":"Third Amendment to Amended and Restated Credit Agreement On May 19, 2026 (the “Third Amendment Effective Date”), PEDEVCO Corp., a Texas corporation (the “Company”), entered into a Third Amendment to Credit Agreement (the “Third 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_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1141197/000165495426005181/0001654954-26-005181-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"increase the borrowing base and elected commitment amount from $120 million to $125 million"},{"label":"Counterparty","value":"Citibank, N.A., as administrative agent"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"f149c7e63a02752be49cc4212dc7e4885d52aeed","claim":"PEDEVCO CORP amended Third Amendment to Credit Agreement with Citibank, N.A., as administrative agent valued at $120 million to $125 million (effective 2026-05-19).","evidence_excerpt":"Third Amendment to Amended and Restated Credit Agreement On May 19, 2026 (the “Third Amendment Effective Date”), PEDEVCO Corp., a Texas corporation (the “Company”), entered into a Third Amendment to Credit Agreement (the “Third 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_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1141197/000165495426005181/0001654954-26-005181-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Citibank, N.A., as administrative agent"},{"label":"Value","value":"$120 million to $125 million"},{"label":"Effective","value":"2026-05-19"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}