---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-044617"
form_type: "8-K"
ticker: "AGIG"
cik: "0001156041"
company_name: "ABUNDIA GLOBAL IMPACT GROUP, INC."
filed_at: "2024-11-12T23:59:59+00:00"
generated_at: "2026-05-30T01:34:21.615901+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-24-044617
- form_type: 8-K
- ticker: AGIG
- cik: 0001156041
- company_name: ABUNDIA GLOBAL IMPACT GROUP, INC.
- filed_at: 2024-11-12T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1156041/000149315224044617/0001493152-24-044617-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1156041/000149315224044617/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-044617
- JSON: https://secwatch.observer/filing/0001493152-24-044617.json
- Plain text: https://secwatch.observer/filing/0001493152-24-044617.txt

## Key facts
- Executive change
  Peter F. Longo was appointed as Director at ABUNDIA GLOBAL IMPACT GROUP, INC..
  - Action: appointed
  - Role: Director
  source text: Mr. Longo also joined the Board as a director on the Effective Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1156041/000149315224044617/0001493152-24-044617-index.htm
- Executive change
  Robert J. Bailey was appointed as Director at ABUNDIA GLOBAL IMPACT GROUP, INC..
  - Action: appointed
  - Role: Director
  source text: Also on the Effective Date, Robert J. Bailey has joined the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1156041/000149315224044617/0001493152-24-044617-index.htm
- Executive change
  Peter F. Longo was appointed as President and CEO at ABUNDIA GLOBAL IMPACT GROUP, INC..
  - Action: appointed
  - Role: President and CEO
  source text: the Company appointed Peter F. Longo as President and CEO of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1156041/000149315224044617/0001493152-24-044617-index.htm
- Executive change
  James A. Schoonover resigned as Director at ABUNDIA GLOBAL IMPACT GROUP, INC..
  - Action: resigned
  - Role: Director
  source text: The Board has received the resignation of James A. Schoonover as a director from the Board which took effect on the Effective Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1156041/000149315224044617/0001493152-24-044617-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.