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Pedevco (PED) has priced its public offering of 5.19M common shares at $1.50/share, for gross proceeds of ~$7.8M. Underwriters' over-allotment is an additional 15% of shares.Closing date is February 5.Shares down 9% after-hours. Yesterday's close was $1.75.Previously (Feb. 2): Pedevco under pressure on stock offering