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PEDEVCO Form 3: Series A preferred auto-converts 10-for-1

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

PEDEVCO Corp (PED) filed a Form 3 reporting initial beneficial ownership tied to Series A Convertible Preferred Stock indirectly held through North Peak Oil & Gas Holdings, LLC and Century Oil and Gas Holdings, LLC. The filing lists derivative securities convertible into 62,793,710 shares of common stock.

The Series A Convertible Preferred Stock automatically converts at a 10-for-1 ratio on the “Automatic Conversion Date,” which occurs after a twenty calendar day period following distribution of an information statement under Rule 14c-2. The approval event occurred on October 31, 2025. The Series A preferred has no expiration date. The reporting person disclaims beneficial ownership except to the extent of its pecuniary interest.

Positive

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Negative

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SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0104
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1. Name and Address of Reporting Person*
Juniper Capital III GP, L.P.

(Last) (First) (Middle)
2727 ALLEN PARKWAY
SUITE 1850

(Street)
HOUSTON TX 77019

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
10/31/2025
3. Issuer Name and Ticker or Trading Symbol
PEDEVCO CORP [ PED ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Series A Convertible Preferred Stock (1) (2) Common Stock 62,793,710 (2) I See footnote(3)
Explanation of Responses:
1. The Series A Convertible Preferred Stock is not convertible until the expiration of the twenty calendar day period (the "Automatic Conversion Date") commencing on the distribution to the Issuer's shareholders in accordance with Rule 14c-2 of Regulation 14C promulgated under the Securities and Exchange Act of 1934, as amended, of an information statement disclosing, among other things, the approval of such conversion and related matters by the majority stockholders of the Issuer, which occurred on October 31, 2025.
2. The Series A Convertible Preferred Stock have no expiration date, but automatically convert into common stock of the Issuer in a ratio of 10-for-1 on the Automatic Conversion Date.
3. The securities are held of record by North Peak Oil & Gas Holdings, LLC ("NPOG") and Century Oil and Gas Holdings, LLC ("COG"). The Reporting Person may be deemed to have voting and dispositive power over the securities by virtue of its general partner interest in Juniper Capital III, L.P., which has an ownership interest in each of NPOG and COG. The Reporting Person disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein.
/s/ Edward Geiser, Authorized Signatory 11/10/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did PEDEVCO (PED) disclose in this Form 3?

An initial beneficial ownership position in Series A Convertible Preferred Stock indirectly held, convertible into 62,793,710 common shares.

What is the conversion ratio of the Series A preferred reported for PED?

The Series A Convertible Preferred Stock converts into common stock at a 10-for-1 ratio on the Automatic Conversion Date.

When does the automatic conversion occur for PED’s Series A preferred?

After a twenty calendar day period following distribution of an information statement under Rule 14c-2; approval occurred on October 31, 2025.

How many common shares underlie the reported derivative for PED?

The filing lists 62,793,710 shares of common stock underlying the Series A Convertible Preferred Stock.

Does the Series A preferred have an expiration date?

No. The filing states the Series A Convertible Preferred Stock has no expiration date.

Who holds the securities of record referenced in the PED Form 3?

They are held of record by North Peak Oil & Gas Holdings, LLC and Century Oil and Gas Holdings, LLC.
Pedevco

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61.23M
26.76M
Oil & Gas E&P
Crude Petroleum & Natural Gas
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United States
HOUSTON