Company: PED
Filing Date: 2025-11-03
Form Type: 8-K
Source: 0001654954-25-012450
Chunk: 3

Company: PEDEVCO CORP
Filing Date: 2025-11-03
Form: 8-K
Item: Item 5.03
Chunk 3
---
 (z) intellectual property; (aa) insurance; (bb) regulatory matters; (cc) broker’s fees payable in connection with the Mergers; and (dd) related party transactions.

In addition, PEDEVCO made representations and warranties relating to, among other topics, (i) PEDEVCO’s Securities and Exchange Commission (the “ SEC” or the “ Commission”) reports; (ii) PEDEVCO’s receipt of an opinion from PEDEVCO’s financial advisor; (iii) PEDEVCO not being bound by any shareholder rights plan, “ poison pill” or similar anti-takeover device and no anti-takeover law being applicable to the Merger Agreement or the Transactions; (iv) PEDEVCO’s eligibility to register the Merger Conversion Shares under a registration statement on Form S-3 under the Securities Act of 1933, as amended (the “ Securities Act”); (v) the valid issuance of the shares of Merger Preferred Shares; (vi) the capitalization of the Merger Subs; and (vii) the absence of any business conduct by the Merger Subs other than in connection with its organization and the preparation, negotiation and execution of the Merger Agreement and the Mergers.

Certain of the representations and warranties made by PEDEVCO, the Merger Subs and the Acquired Companies, respectively, are qualified as to “ materiality” or whether a “ material adverse effect” has occurred or would reasonably be expected to occur.

The Merger Agreement contains representations and warranties that PEDEVCO and the Merger Subs, on the one hand, and the Acquired Companies, on the other hand, have made to one another as of specific dates. The representations and warranties contained in the Merger Agreement are qualified and subject to important limitations that were negotiated and agreed to by the parties to the Merger Agreement. Such representations and warranties were made solely for the benefit of another party or parties to the Merger Agreement and may have been negotiated with the principal purpose of allocating risk between the parties to the Merger Agreement, rather than as statements of fact. In addition, the representations and warranties contained in the Merger Agreement are qualified by information exchanged by the parties to the Merger Agreement in confidential disclosure schedules. Accordingly, the foregoing description of the material provisions of the Merger Agreement or the representations and warranties contained in the Merger Agreement should not be relied on as statements of fact regarding the parties to the Merger Agreement. The Merger Agreement should not be