{"url_path":"/sec/ped/8-k/2026-05-20/item-1-01","section_key":"item-1-01","section_title":"Item 1.01 Entry into a Material Definitive Agreement.**","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-05-20","source_url":"https://www.sec.gov/Archives/edgar/data/1141197/0001654954-26-005181-index.html","accession_number":"0001654954-26-005181","cik":"0001141197","ticker":"PED","issuer_name":"PEDEVCO CORP","edgar_url":"https://www.sec.gov/Archives/edgar/data/1141197/0001654954-26-005181-index.html","primary_entity_key":"0001141197","primary_entity_name":"PEDEVCO CORP"},"word_count":251,"has_tables":true,"body_markdown":"**Item 1.01 Entry into a Material Definitive Agreement.**\n\n \n\n**Third Amendment to Amended and Restated Credit Agreement**\n\n \n\nOn May 19, 2026 (the “Third Amendment Effective Date”), PEDEVCO Corp., a Texas corporation (the “Company”), entered into a Third Amendment to Credit Agreement (the “Third Amendment”) with Citibank, N.A., as administrative agent (the “Administrative Agent”), each of the guarantors party thereto, and each of the lenders party thereto. The Third Amendment amends that certain Amended and Restated Credit Agreement dated as of October 31, 2025 (as previously amended, restated, supplemented, or otherwise modified, the “Credit Agreement”), among the Company, as borrower, the Administrative Agent, and the lenders party thereto, to, among other things, increase the borrowing base and elected commitment amount from $120 million to $125 million. The redetermination of the borrowing base pursuant to the Third Amendment constituted the redetermination originally scheduled for on or about December 1, 2025, with the next redetermination scheduled to occur on or about July 1, 2026.\n\n \n\nThe foregoing description of the Third Amendment is a summary only and is qualified in its entirety by reference to the full text of the Third Amendment, which is filed as Exhibit 10.4 to this Current Report on Form 8-K and incorporated by reference into this Item 1.01 in its entirety.\n\n \n\nFor a full description of the Credit Agreement, which was amended by the Third Amendment, see the Credit Agreement, the First Amendment thereto and the Second Amendment thereto, which are incorporated by reference herein as Exhibits 10.1 through 10.3, respectively."}