Company: PED
Filing Date: 2025-07-11
Form Type: DEF 14A
Source: 0001654954-25-007979
Chunk: 72

Company: PEDEVCO CORP
Filing Date: 2025-07-11
Form: DEF 14A
Chunk 72
---
 340 |

| (1) | Audit fees include professional services rendered for (1) the audit of our annual financial statements for the fiscal years ended December 31, 2024 and 2023 and (ii) the reviews of the financial statements included in our quarterly reports on Form 10-Q for such years. |

| (2) | Audit-related fees consist of fees billed for professional services that are reasonably related to the performance of the audit or review of our consolidated financial statements but are not reported under “Audit fees.” |

| (3) | Tax fees include professional services relating to preparation of the annual tax return. |

| (4) | Other fees include professional services for review of various filings and issuance of consents. |

| 44 |

Change in Independent Registered Public Accounting Firm

On July 1, 2025, with the approval of the Audit Committee of the board of directors of the Company, the Company dismissed Marcum as the Company’s independent registered public accounting firm, effective immediately. Also, on July 7, 2025, with the approval of the Audit Committee, the Company engaged Weaver as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2025, effective immediately.

The audit reports of Marcum on the Company’s financial statements as of December 31, 2024 and 2023, and for the years ended December 31, 2024 and 2023 (the “Audit Periods”), did not contain any adverse opinion or disclaimer of opinion, nor were such reports qualified or modified as to uncertainty, audit scope or accounting principles.

During the Audit Periods and during the period from December 31, 2024 through July 1, 2025, the Company had: (i) no disagreements with Marcum of the type contemplated by Item 304(a)(1)(iv) of Regulation S-K on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure, which, if not resolved to Marcum’s satisfaction, would have caused it to make reference to the subject matter of any such disagreement in connection with its reports; and (ii) no reportable events within the meaning of Item 304(a)(1)(v) of Regulation S-K.

The Company provided Marcum with a copy of the disclosures in the Current Report on Form 8-K filed by the Company with the Commission on July 8, 2025 to report the dismissal of Marcum, prior to the filing of such disclosures