Pedevco Corp. (PED) Announces Launch of Proposed Underwritten Follow-on Offering of Common Stock

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PEDEVCO Corp. Announces Launch of Proposed Underwritten Follow-on Offering of Common Stock

February 2, 2021 4:38 PM EST

HOUSTON, TX / ACCESSWIRE / February 2, 2021 / PEDEVCO Corp. (NYSE: PED), today announced its intention to offer its shares of common stock ("Shares") in a firm commitment underwritten public offering. In connection with the offering, PEDEVCO Corp. expects to grant the underwriter a 45-day option to purchase up to an additional 15% of the Shares to be sold in the offering to cover over-allotments, if any. The Shares are being offered by PEDEVCO Corp. pursuant to an effective shelf registration statement on file with the Securities and Exchange Commission (the... More