PEDEVCO Corp. Files 8-K: Director/Officer Changes & Shareholder Votes
Ticker: PED · Form: 8-K · Filed: Aug 29, 2025 · CIK: 1141197
| Field | Detail |
|---|---|
| Company | Pedevco Corp (PED) |
| Form Type | 8-K |
| Filed Date | Aug 29, 2025 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, corporate-governance, shareholder-vote
TL;DR
PEDEVCO's got new brass and shareholder votes coming up - watch for leadership changes.
AI Summary
PEDEVCO Corp. filed an 8-K on August 29, 2025, reporting events as of August 28, 2025. The filing indicates changes related to the departure and election of directors, appointment of officers, and compensatory arrangements. It also covers the submission of matters to a vote of security holders and includes financial statements and exhibits.
Why It Matters
This filing signals potential shifts in the company's leadership and governance structure, which could impact strategic direction and operational decisions.
Risk Assessment
Risk Level: medium — Changes in directors and officers, along with shareholder votes, can introduce uncertainty and potential shifts in company strategy.
Key Players & Entities
- PEDEVCO CORP (company) — Registrant
- August 28, 2025 (date) — Earliest event date
- August 29, 2025 (date) — Filing date
FAQ
What specific changes occurred regarding directors or officers?
The filing indicates the departure of directors or certain officers and the election of directors, as well as the appointment of certain officers.
Were any matters submitted for a vote of security holders?
Yes, the filing confirms the submission of matters to a vote of security holders.
What types of compensatory arrangements are mentioned?
The filing refers to compensatory arrangements of certain officers.
What is the primary business of PEDEVCO Corp?
PEDEVCO Corp. is primarily involved in Crude Petroleum & Natural Gas extraction, with SIC code 1311.
When was PEDEVCO Corp. incorporated and in which state?
PEDEVCO Corp. was incorporated in Texas.
Filing Stats: 1,116 words · 4 min read · ~4 pages · Grade level 9.8 · Accepted 2025-08-29 16:30:44
Key Financial Figures
- $0.001 — nge on which registered Common Stock, $0.001 par value per share PED NYSE Americ
Filing Documents
- ped_8k.htm (8-K) — 45KB
- 0001654954-25-010215.txt ( ) — 160KB
- ped-20250828.xsd (EX-101.SCH) — 5KB
- ped-20250828_lab.xml (EX-101.LAB) — 14KB
- ped-20250828_cal.xml (EX-101.CAL) — 1KB
- ped-20250828_pre.xml (EX-101.PRE) — 9KB
- ped-20250828_def.xml (EX-101.DEF) — 2KB
- ped_8k_htm.xml (XML) — 4KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders. On August 28, 2025, at the Company's 2025 Annual Meeting of stockholders (the "Annual Meeting") the stockholders of the Company (i) elected five (5) director nominees, and (ii) approved the appointment of Weaver and Tidwell, L.L.P., as the Company's independent registered public accounting firm for the 2025 fiscal year. A total of 68,670,136 shares of common stock were present in person or by proxy and represented at the Annual Meeting, which shares constituted a quorum (a majority of the outstanding shares of the Company entitled to vote) based on 91,829,352 shares entitled to vote at the Annual Meeting as of the June 30, 2025 record date for the Annual Meeting. At the Annual Meeting, the Company's shareholders voted on the following proposals described in greater detail in the Company's Definitive Proxy Statement on Schedule 14A, filed with the Securities and Exchange Commission (SEC) on July 11, 2025 (the "Proxy Statement") and summarized below. This Form 8K should be read in connection with the Proxy Statement. There was no solicitation in opposition to management's nominees as listed in its proxy statement and all such nominees were elected as directors. The results of the voting for each of the proposals were as follows: 1. Election of Directors: For Withhold Broker Non-Votes John J. Scelfo 67,006,919 330,790 1,332,427 Dr. Simon G. Kukes 66,977,002 360,707 1,332,427 H. Douglas Evans 67,005,321 332,388 1,332,427 J. Douglas Schick 67,064,654 273,055 1,332,427 John K. Howie 67,234,927 102,782 1,332,427 2 2. Ratification of the appointment of Weaver and Tidwell, L.L.P., as the Company's independent auditors for the fiscal year ending December 31, 2025: For: 68,472,107 Against: 186,611 Abstain: 11,418 Broker Non-Votes: -0- As such, each of the five (5) director nominees were duly appointed to the Board of Directors by a plurality of the v
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1 PEDEVCO Corp. 2021 Equity Incentive Plan Form of Restricted Shares Grant Agreement (1) 104 Inline XBRL for the cover page of this Current Report on Form 8-K (1) Filed on September 1, 2021, as Exhibit 99.3 to the Company's Registration on Form S-8 and incorporated herein by reference (File No. 333-259248). 3
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PEDEVCO CORP. By: /s/ J. Douglas Schick J. Douglas Schick President and Chief Executive Officer Date: August 29, 2025 4