8-K
filed November 21, 2025, 6:59 PM ET
ticker AGIG
CIK 0001156041
other material
confidence high
sentiment positive
materiality 0.70
Houston American Energy raises $8M in direct offering, advances plastic recycling facility
ABUNDIA GLOBAL IMPACT GROUP, INC.
- Closed registered direct offering of 2,285,715 shares at $3.50/share for gross proceeds of $8.0M.
- Net proceeds to advance planned plastic recycling facility development and for working capital.
- Placement agent A.G.P. receives 7% cash fee and 2% warrants at 110% of purchase price.
- Company also recently completed debt restructuring with largest strategic investor to strengthen capital structure.
- Offering closed Nov 21, 2025; shares issued under effective S-3 shelf registration.
Key facts
Extracted from this filing and checked against the source text.
Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.7
ABUNDIA GLOBAL IMPACT GROUP, INC. issued 2.0% of the securities sold of warrant to A.G.P./Alliance Global Partners (placement agent).
- Security
- warrant
- Shares
- 2.0% of the securities sold
- Purchaser
- A.G.P./Alliance Global Partners (placement agent)
Exact text from the filing
The Company also agreed to issue to the Placement Agent, placement agent warrants to purchase a number of shares of Common Stock that is equal to 2.0% of the securities sold in the Offering at an exercise price equal to one hundred and ten percent (110%) of the per share purchase price of the Shares (the “Placement Agent Warrants”).
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
ABUNDIA GLOBAL IMPACT GROUP, INC. entered into Securities Purchase Agreement with certain investors valued at $8.0 million (effective 2025-11-19).
- Action
- entry
- Agreement
- equity purchase
- Counterparty
- certain investors
- Value
- $8.0 million
- Effective
- 2025-11-19
Exact text from the filing
On November 21, 2025, Houston American Energy Corp., a Delaware corporation (the “Company”), closed an offering (the “Offering”) pursuant to that certain Securities Purchase Agreement (the “Purchase Agreement”), entered into on November 19, 2025, with certain investors (the “Investors”), pursuant to which the Company agreed to issue and sell, in a registered direct offering by the Company directly to the Investors (the “Offering”), 2,285,715 shares (the “Shares”) of common stock, par value $0.001 per share, of the Company (“Common Stock”) to the Investors, at a price of $3.50 per share, for aggregate gross proceeds to the Company of $8.0 million before deducting the placement agent’s fees and related offering expenses.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
ABUNDIA GLOBAL IMPACT GROUP, INC. entered into Placement Agent Agreement with A.G.P./Alliance Global Partners (effective 2025-11-19).
- Action
- entry
- Agreement
- underwriting
- Counterparty
- A.G.P./Alliance Global Partners
- Effective
- 2025-11-19
Exact text from the filing
In connection with the Offering on November 19, 2025, the Company entered into a placement agency agreement (the “Placement Agent Agreement”) with A.G.P./Alliance Global Partners (“A.G.P.”), pursuant to which the Company engaged A.G.P. as the placement agent (the “Placement Agent”) in connection with the Offering.
View on SEC.gov
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