Company: PED
Filing Date: 2025-11-03
Form Type: 8-K
Source: 0001654954-25-012450
Chunk: 5

Company: PEDEVCO CORP
Filing Date: 2025-11-03
Form: 8-K
Item: Item 5.02
Chunk 5
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Item 5.02

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PEDEVCO Information Statement

We agreed to prepare and file with the SEC, as promptly as reasonably practicable, but in any event within 20 days after the Closing Date, in a form mutually agreeable to the parties to the Merger Agreement, an information statement pursuant to Schedule 14C of the Exchange Act (the “ Information Statement”) and to use commercially reasonable efforts to resolve any SEC comments on such Information Statement after receipt thereof, and to have the Information Statement cleared by the SEC staff as promptly as reasonably practicable. We also agreed to provide the Acquired Companies notice of any amendment or supplement to the Information Statement, and an opportunity to review the same, and to provide all correspondence from the SEC relating hereto to the Acquired Companies.

We also agreed to file a definitive form of the Information Statement with the SEC and mail it to holders of PEDEVCO common stock as promptly as reasonably practicable (and in any event, within five business days) after such Information Statement has been cleared by the SEC or promptly (and in any event, within five business days) after 10 days have passed since the date of the filing of the preliminary version of the Information Statement with the SEC without receiving comments from the SEC on such preliminary Information Statement. If the SEC does not promptly clear the Information Statement, we agreed to mail a preliminary notice to shareholders, providing the required notice of action by written consent under Section 6.202 of the Texas Business Organizations Code and otherwise complying materially with applicable law.

Filing of PEDEVCO A& R Charter and Reverse Split Charter Amendment

We also agreed to file, promptly as reasonably practicable following, and in any event within 10 business days following the expiration of the 20-day period contemplated by Rule 14c-2(b) promulgated under the Exchange Act with respect to the Information Statement, the PEDEVCO A& R Charter (defined and discussed in greater detail inItem 5.07hereof) and the Reverse Split Charter Amendment (defined and discussed in greater detail inItem 5.07hereof) to effect a reverse stock split of the PEDEVCO common stock in a ratio approved by the Board within a range of 1-for-10 and 1-for-20.