PEDEVCO Corp. Announces Closing of $8.95 Million Underwritten Offering of Common Stock Including Full Exercise of the Underwriters' Over-Allotment Option

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Feb 05, 2021
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HOUSTON, TX / ACCESSWIRE / February 5, 2021 / PEDEVCO Corp. (NYSE:PED), today announced the closing of an underwritten public offering of 5,968,500 shares of common stock (the "Shares") at a public offering price of $1.50 per share, which included the full exercise of the underwriter's over-allotment option, for gross proceeds to the Company of approximately $8.95 million, before deducting underwriting discounts and other offering expenses.