PEDEVCO Corp. announced a 1-for-20 reverse stock split of its common stock. The reverse stock split is expected to become effective at 12:01 AM ET on March 13, 2026. Shares will begin trading on a post-split basis on the NYSE American at market open on March 13, 2026. The company's trading symbol "PED" will remain unchanged, but the CUSIP number will change to 70532Y402. No fractional shares will be issued; stockholders will receive cash in lieu based on the closing price prior to the effective time. The number of outstanding shares will decrease from approximately 266.0 million to approximately 13.3 million. All outstanding options and other securities, as well as equity incentive plans, will be adjusted proportionately. The par value of common stock will remain $0.001 per share, and the authorized number of shares will not change.