PEDEVCO CORP 8-K

What Happened

• PEDEVCO Corp. announced on May 5, 2026 that it entered into a Second Amendment to its Amended and Restated Credit Agreement with Citibank, N.A. as administrative agent, together with the guarantors and lenders party to the agreement. The underlying Credit Agreement originally dated October 31, 2025 was previously amended once on December 2, 2025.

Key Details

• Amendment effective date: May 5, 2026.
• Parties: PEDEVCO Corp. (borrower), Citibank, N.A. (administrative agent), the guarantors and lenders party to the Credit Agreement.
• Prior action: First Amendment dated December 2, 2025 added a lender and reallocated commitments (deemed immaterial by the company).
• Filing: The Second Amendment is filed as Exhibit 10.3 to the Form 8-K; the original Credit Agreement and First Amendment are referenced as Exhibits 10.1 and 10.2.

Why It Matters

• The filing documents a change to PEDEVCO’s primary credit facility and therefore modifies the company’s financial obligations and borrowing arrangements. For investors, amendments to a credit agreement can affect liquidity, covenant terms, and access to capital. PEDEVCO notes the item also creates or modifies a direct financial obligation. Investors should review the filed amendment for the specific and material changes to loan terms.