8-K filed November 12, 2024, 6:59 PM ET ticker AGIG CIK 0001156041

leadership confidence high sentiment neutral materiality 0.75

Houston American Energy closes $2.5M private placement, appoints new CEO and board members

ABUNDIA GLOBAL IMPACT GROUP, INC.

Private placement raised ~$2.5M from sale of 2,180,180 shares at ~$1.1467/share.
John Terwilliger steps down as CEO effective 11/11/24; receives $800K one-time payment; stays as director and advisor through 12/31/24 then retires.
Peter F. Longo appointed President and CEO, also joins board; compensation: $15K/month salary plus monthly stock option grants.
James A. Schoonover resigns from board; Robert J. Bailey appointed to board (former Raytheon Technologies VP - Controller).
Proceeds from offering to be used for growth initiatives, including acquisitions and investments in energy sector.

item 1.01 item 3.02 item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Peter F. Longo

Director

AGIG · ABUNDIA GLOBAL IMPACT GROUP, INC.

Filed: November 12, 2024, 6:59 PM ET

Mr. Longo also joined the Board as a director on the Effective Date.

Appointed

Robert J. Bailey

Director

AGIG · ABUNDIA GLOBAL IMPACT GROUP, INC.

Filed: November 12, 2024, 6:59 PM ET

Also on the Effective Date, Robert J. Bailey has joined the Board.

Appointed

Peter F. Longo

President and CEO

AGIG · ABUNDIA GLOBAL IMPACT GROUP, INC.

Filed: November 12, 2024, 6:59 PM ET

the Company appointed Peter F. Longo as President and CEO of the Company.

Departed

James A. Schoonover

Director

AGIG · ABUNDIA GLOBAL IMPACT GROUP, INC.

Filed: November 12, 2024, 6:59 PM ET

The Board has received the resignation of James A. Schoonover as a director from the Board which took effect on the Effective Date.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Peter F. Longo was appointed as Director at ABUNDIA GLOBAL IMPACT GROUP, INC..

Action: appointed
Role: Director

Exact text from the filing

Mr. Longo also joined the Board as a director on the Effective Date.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Robert J. Bailey was appointed as Director at ABUNDIA GLOBAL IMPACT GROUP, INC..

Action: appointed
Role: Director

Exact text from the filing

Also on the Effective Date, Robert J. Bailey has joined the Board.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Peter F. Longo was appointed as President and CEO at ABUNDIA GLOBAL IMPACT GROUP, INC..

Action: appointed
Role: President and CEO

Exact text from the filing

the Company appointed Peter F. Longo as President and CEO of the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

James A. Schoonover resigned as Director at ABUNDIA GLOBAL IMPACT GROUP, INC..

Action: resigned
Role: Director

Exact text from the filing

The Board has received the resignation of James A. Schoonover as a director from the Board which took effect on the Effective Date.

View on SEC.gov

ABUNDIA GLOBAL IMPACT GROUP, INC. filing history →

Source: SEC EDGAR

accession 0001493152-24-044617

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.