Company: PED
Filing Date: 2025-10-31
Form Type: 10-K/A
Source: 0001654954-25-012381
Chunk: 113

Company: PEDEVCO CORP
Filing Date: 2025-10-31
Form: 10-K/A
Chunk 113
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 preferred stock may cause the value of our securities to decrease.

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General Risk Factors

If we complete acquisitions or enter into business combinations in the future, they may disrupt or have a negative impact on our business.

If we complete acquisitions or enter into business combinations in the future, funding permitting, we could have difficulty integrating the acquired companies’ assets, personnel and operations with our own. Additionally, acquisitions, mergers or business combinations we may enter into in the future could result in a change of control of the Company, and a change in the Board of Directors or officers of the Company. In addition, the key personnel of the acquired business may not be willing to work for us. We cannot predict the effect expansion may have on our core business. Regardless of whether we are successful in making an acquisition or completing a business combination, the negotiations could disrupt our ongoing business, distract our management and employees and increase our expenses. In addition to the risks described above, acquisitions and business combinations are accompanied by a number of inherent risks, including, without limitation, the following:

| · | the difficulty of integrating acquired companies, concepts and operations;                                                        |
| · | the potential disruption of the ongoing businesses and distraction of our management and the management of acquired companies;    |
| · | change in our business focus and/or management;                                                                                   |
| · | difficulties in maintaining uniform standards, controls, procedures and policies;                                                 |
| · | the potential impairment of relationships with employees and partners as a result of any integration of new management personnel; |
| · | the potential inability to manage an increased number of locations and employees;                                                 |
| · | our ability to successfully manage the companies and/or concepts acquired;                                                        |
| · | the failure to realize efficiencies, synergies and cost savings; or                                                               |
| · | the effect of any government regulations which relate to the business acquired.                                                   |

Our business could be severely impaired if and to the extent that we are unable to succeed in addressing any of these risks or other problems encountered in connection with an acquisition or business combination, many of which cannot be presently identified. These risks and problems could disrupt our ongoing business, distract our management and employees, increase our expenses and adversely affect our results of operations.

Any acquisition or business combination transaction we enter into in the future could cause substantial dilution to existing stockholders, result in one party having majority or significant control over the Company or result in a change in business focus of the Company.

We may incur indebtedness which could reduce our financial flexibility, increase