HUSA acquisition target AGIG posts $3.6M FY2024 net loss; auditor flags going concern

ABUNDIA GLOBAL IMPACT GROUP, INC.

AGIG net loss of $3.6M in FY2024, accumulated deficit $16.7M, negative working capital $5.3M.
Pre-revenue business; only income was $2.5M government grant in FY2024.
Auditor's report includes going-concern paragraph citing recurring losses and $5.9M convertible note due within 12 months.
Full $2.9M allowance recognized on convertible note receivable due to uncertainty of future cash flows.
HUSA issued 31,778,032 shares for all AGIG units; pro forma financials now filed.

item 9.01

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