--- schema_version: "secwatch.filing_event.v1" accession: "0001493152-23-022940" form_type: "8-K" ticker: "AGIG" cik: "0001156041" company_name: "ABUNDIA GLOBAL IMPACT GROUP, INC." filed_at: "2023-06-29T23:59:59+00:00" generated_at: "2026-06-13T14:40:02.498110+00:00" event_type: "leadership" sentiment: "neutral" materiality_score: 0.55 calibrated_materiality_score: 0.55 confidence: "high" source: SEC EDGAR --- # Houston American Energy CEO gets $200K bonus, salary hike to $240K; quorum changed to 33% ## Summary - CEO John Terwilliger receives $200,000 cash bonus and base salary increased to $240,000/year, effective July 1, 2023. - Bylaws amended to set stockholder meeting quorum at one-third (33.33%) of outstanding shares, effective June 26, 2023. - Annual meeting re-elects directors Terwilliger and Schoonover; Marcum LLP ratified as auditor; say-on-pay advisory vote approved. - Advisory frequency vote favored every year; board adopts annual advisory votes on executive compensation. ## SEC filing metadata - accession: 0001493152-23-022940 - form_type: 8-K - ticker: AGIG - cik: 0001156041 - company_name: ABUNDIA GLOBAL IMPACT GROUP, INC. - filed_at: 2023-06-29T23:59:59+00:00 - event_type: leadership - sentiment: neutral - materiality_score: 0.55 - calibrated_materiality_score: 0.55 - confidence: high - sec_items: 5.02, 5.03, 5.07, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1156041/000149315223022940/0001493152-23-022940-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1156041/000149315223022940/form8-k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001493152-23-022940 - JSON: https://secwatch.observer/filing/0001493152-23-022940.json - Plain text: https://secwatch.observer/filing/0001493152-23-022940.txt ## Key facts - Governance Changes ABUNDIA GLOBAL IMPACT GROUP, INC.: Amended the quorum for stockholder meetings to one-third (33.33%) of shares issued and outstanding and entitled to vote (effective 2023-06-26). - Change: bylaw amendment - Effective: 2023-06-26 source text: On June 26, 2023, the Company’s board of directors approved an amendment of the Company’s Amended and Restated Bylaws (the “Bylaws”) to change the quorum for stockholder meetings to one-third (33.33%) of the shares issued and outstanding and entitled to vote on the matters at the meeting. evidence_url: https://www.sec.gov/Archives/edgar/data/1156041/000149315223022940/0001493152-23-022940-index.htm - Shareholder Votes ABUNDIA GLOBAL IMPACT GROUP, INC. shareholders approved Election of Class C Directors at the 2023-06-27 meeting. - Proposal: director election - Outcome: passed - Meeting: 2023-06-27 source text: Proposal 1 . The nominees for election as Class C Directors were elected to serve until the 2026 Annual Meetings of Stockholders and until their successors have been duly elected and qualified, or until such director’s earlier resignation, removal or death. The result of the votes to elect the director was as follows: Director For Against Abstentions Broker Non-Votes John Terwilliger (Class C) 1,706,304 461,988 14,216 2,202,709 James Schoonover (Class C) 1,607,169 559,779 15,806 2,202,463 evidence_url: https://www.sec.gov/Archives/edgar/data/1156041/000149315223022940/0001493152-23-022940-index.htm - Shareholder Votes ABUNDIA GLOBAL IMPACT GROUP, INC. shareholders approved Advisory vote on compensation of named executive officers at the 2023-06-27 meeting. - Proposal: say on pay - Outcome: passed - Meeting: 2023-06-27 source text: Proposal 3 . The compensation of the named executive officers as disclosed in the Company’s Proxy Statement was approved on an advisory basis by the votes set forth in the table below: For Against Abstentions Broker Non-Votes 1,969,679 161,620 36,640 2,217,278 evidence_url: https://www.sec.gov/Archives/edgar/data/1156041/000149315223022940/0001493152-23-022940-index.htm - Shareholder Votes ABUNDIA GLOBAL IMPACT GROUP, INC. shareholders approved Advisory vote on frequency of say-on-pay votes at the 2023-06-27 meeting. - Proposal: say on pay frequency - Outcome: passed - Meeting: 2023-06-27 source text: Proposal 4 . The stockholders recommended, on an advisory basis, that the frequency of the stockholder vote to approve the compensation of the named executive officers be every year by the votes set forth in the table below: 1 Year 2 Years 3 Years 1,420,563 22,628 704,425 evidence_url: https://www.sec.gov/Archives/edgar/data/1156041/000149315223022940/0001493152-23-022940-index.htm - Shareholder Votes ABUNDIA GLOBAL IMPACT GROUP, INC. shareholders approved Ratification of appointment of Marcum LLP as independent registered public accounting firm for fiscal 2023 at the 2023-06-27 meeting. - Proposal: auditor ratification - Outcome: passed - Meeting: 2023-06-27 source text: Proposal 2. The appointment of Marcum LLP as the Company’s independent registered public accounting firm for fiscal 2023 was ratified by the stockholders by the votes set forth in the table below: For Against Abstentions Broker Non-Votes 4,197,218 148,761 39,238 0 evidence_url: https://www.sec.gov/Archives/edgar/data/1156041/000149315223022940/0001493152-23-022940-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.