Company: PED
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001654954-25-013092
Chunk: 65

Company: PEDEVCO CORP
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 8
Chunk 65
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 company and wholly-owned subsidiary of the Company, North Peak Oil & Gas, LLC, a Delaware limited liability company, Century Oil and Gas Sub-Holdings, LLC, a Delaware limited liability company, and, solely for purposes of the specified provisions therein, North Peak Oil & Gas Holdings, LLC, a Delaware limited partnership.

Pursuant to the Merger Agreement, 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. 

On November 13, 2024, the Company, the Merger Subs, the Acquired Companies and North Peak, entered into a First Amendment to Agreement and Plan of Merger, pursuant to which each of the parties agreed that the Information Statement shall be prepared and filed with the SEC, as soon as reasonably practicable by the Company.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. 

Change in Principal Accounting/Financial Officer

On, and effective on, November 13, 2025, the Board of Directors of the Company re-appointed Mr. Paul Pinkston, Chief Accounting Officer of the Company, as Principal Accounting Officer and Principal Financial Officer of the Company. Mr. Pinkston had previously served in those roles through the closing of the Mergers on October 31, 2025. The Board of Directors determined that Mr. Pinkston had more familiarity with the Company’s pre-Mergers operations and therefore was more suited to serve in the role of Principal Accounting Officer and Principal Financial Officer in connection with the filing of this Quarterly Report on Form 10-Q, then Robert “Bobby” Long, who was appointed as Chief Financial Officer and Treasurer of the Company on October 31, 2025, had been serving as Principal Accounting Officer and Principal Financial Officer of the Company since October 31, 2025. Effective on November 13, 2025, Mr. Long stepped down from the positions of Principal Accounting Officer and Principal Financial Officer of the Company in connection with Mr. Pinkston’s re-appointment to