Company: PED
Filing Date: 2025-11-03
Form Type: 8-K
Source: 0001654954-25-012450
Chunk: 4

Company: PEDEVCO CORP
Filing Date: 2025-11-03
Form: 8-K
Item: Item 5.03
Chunk 4
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 read alone, but should instead be read in conjunction with other information regarding PEDEVCO or the Acquired Companies that is or will be contained in, or incorporated by reference into, the Information Statement to be filed and distributed by PEDEVCO, as well as PEDEVCO’s Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and other documents that PEDEVCO files or furnishes with the SEC.

Board of Directors

The Merger Agreement required PEDEVCO to take all actions necessary, effective as of the Effective Time, to appoint Josh Schmidt as a member of the Board of Directors of the Company (the “ Board”) and designate him as the Chairman of the Compensation Committee of the Board, to further appoint Martyn Willsher and Kristel Franklin as members of the Board, and for Dr. Simon G. Kukes, John J. Scelfo and H. Douglas Evans to step down as members of the Board, which appointments and resignations were effective as of the Effective Time as discussed in greater detail below underItem 5.02.