Item 2.02 Results of Operations and Financial Condition.
On May 15, 2023, PEDEVCO Corp. (the "Company") issued a press release announcing
its financial results for the three-months ended March 31, 2023, and providing
an operations update. A copy of the press release is furnished as Exhibit 99.1
to this Form 8-K, and is incorporated by reference into this Item 2.02 in its
entirety.
The information contained in this Current Report (and included as an exhibit
hereto) shall not be deemed "filed" for purposes of Section 18 of the Securities
Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by
reference in any filing under the Securities Act of 1933, as amended, or the
Exchange Act, except as expressly set forth by specific reference in such a
filing.
The Company is making reference to non-GAAP financial information in the
attached press release and a reconciliation of these non-GAAP financial measures
to the comparable GAAP financial measures is contained in the attached press
release.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
99.1* Press Release dated May 15, 2023
104 Inline XBRL for the cover page of this Current Report on Form 8-K
* Furnished herewith.
The inclusion of any website address in this Form 8-K, and any exhibit thereto,
is intended to be an inactive textual reference only and not an active
hyperlink. The information contained in, or that can be accessed through, such
website is not part of or incorporated into this Form 8-K.
Forward-Looking Statements
The press release furnished as Exhibit 99.1, to this Current Report on Form 8-K,
contains forward-looking statements within the safe harbor provisions under the
federal securities laws, including The Private Securities Litigation Reform Act
of 1995, and, as such, may involve known and unknown risks, uncertainties and
assumptions. These forward-looking statements relate to the Company's current
expectations and are subject to the limitations and qualifications set forth in
the press release as well as in the Company's other filings with the Securities
and Exchange Commission, including, without limitation, that actual events
and/or results may differ materially from those projected in such
forward-looking statements. These statements also involve known and unknown
risks, which may cause the results of the Company and its subsidiaries to be
materially different than those expressed or implied in such statements, as
described in greater detail in the press release furnished as Exhibit 99.1.
Accordingly, readers should not place undue reliance on any forward-looking
statements. Forward-looking statements may include comments as to the Company's
beliefs and expectations as to future financial performance, events and trends
affecting its business and are necessarily subject to uncertainties, many of
which are outside the Company's control. More information on potential factors
that could affect the Company's financial results is included from time to time
in the "Cautionary Note Regarding Forward-Looking Statements," "Risk Factors"
and "Management's Discussion and Analysis of Financial Condition and Results of
Operations" sections of the Company's periodic and current filings with the SEC,
including the Form 10-Qs and Form 10-Ks, filed with the SEC and available at
www.sec.gov and the Company's website
at https://www.PEDEVCO.com/ped/sec_filings, and specifically including the
Company's Annual Report on Form 10-K for the year ended December 31, 2022 and
the Company's Quarterly Report on Form 10-Q for the quarter ended March 31,
2023. Forward-looking statements speak only as of the date they are made. The
Company undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise that occur after that date, except as otherwise provided by
law.
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