Stephen Hartzell
On November 14, 2024, Houston American Energy Corp. (the “ Company ”) appointed Stephen Hartzell as its Acting Chief Financial Officer
Highest-materiality recent filing
Abundia secures 10-year plastic waste supply deal for 40,000 tons/year
10-year agreement with Frankfort Plastics to supply 40,000 tons/year of polyolefin plastic waste to Cedar Port facility.
Stockholders approve 1M share increase to 2025 Equity Incentive Plan and elect board
Amendment increased shares from 750,000 to 1,750,000; approved with 35.1M for, 1.47M against.
All five director nominees elected: Edward Gillespie, Robert Bailey, Martha Crawford, Matthew Henninger, Peter Longo.
Abundia Global Impact acquires RPD Technologies for $4.04M via convertible note
Acquisition of RPD Technologies Americas for $4.04M senior secured convertible note, 10% interest, one-year maturity.
Abundia sets 2026 annual meeting for May 14; record date March 17
2026 annual meeting scheduled for May 14, 2026; record date is March 17, 2026.
Abundia closes $20M registered direct offering of common stock and pre-funded warrants
Gross proceeds of ~$20M from sale of 4,134,175 shares and pre-funded warrants for 1,800,543 shares.
Abundia restates Q3 2025 financials; $12.4M stock success fee omitted from G&A
Audit Committee concludes Q3 2025 10-Q unreliable due to understated general and administrative expenses.
Abundia provides 2025 milestones and 2026 plan: Phase 1 Cedar Port by Q2, revenue target 2029
Completed merger with HUSA in July 2025; began trading on NYSE American as AGIG in December 2025.
Shareholders re-elect five directors, ratify auditor, approve executive pay at 2025 annual meeting
All five director nominees elected: Gillespie, Bailey, Crawford, Henninger, Longo each with >31M votes for; 952,040 broker non-votes.
Two additional U.S. sites authorized under Alterra Technology License & Services Agreement, bringing total U.S. sites to three.
Name change effective December 5, 2025; trading symbol change to AGIG effective at open on December 8, 2025.
Houston American Energy to rename as Abundia Global Impact Group; ticker to AGIG
Name change to Abundia Global Impact Group Inc. effective on or about December 8, 2025.
Houston American Energy raises $8M in direct offering, advances plastic recycling facility
Closed registered direct offering of 2,285,715 shares at $3.50/share for gross proceeds of $8.0M.
Houston American Energy sets 2025 annual meeting for Dec 16; proposal deadline Nov 24
2025 annual meeting to be held on December 16, 2025.
HUSA reports preliminary Q3 operating expenses $3.8M, cash $1.5M, debt $11M
Preliminary Q3 2025 operating expenses ~$3.8M, up $2.7M vs Q2 due to AGIG acquisition and integration.
Houston American Energy declassifies Board; all directors to be elected annually
Filed Certificate of Amendment with Delaware on Oct 9, 2025, effective same date.
Houston American Energy dismisses auditors Baker Tilly and Marcum, appoints CBIZ CPAs
On Oct 2, 2025, audit committee dismissed Baker Tilly and Marcum as independent auditors.
Houston American Energy approves 2025 equity plan, $100M ELOC, $5.4M note via written consent
2025 Equity Incentive Plan approved, authorizing up to 750,000 shares; contingent grants to officers/directors total $106,000.
Acquired AGIG reports H1 2025 net loss of $2.12M, going concern risk
AGIG net loss of $2,118,566 for six months ended June 30, 2025; accumulated deficit $18.73M.
Houston American Energy appoints Martha Crawford to Board; Grimes resigns
Keith Grimes resigned from the Board and committees on Aug 1, 2025, with no disagreement.
HUSA acquisition target AGIG posts $3.6M FY2024 net loss; auditor flags going concern
AGIG net loss of $3.6M in FY2024, accumulated deficit $16.7M, negative working capital $5.3M.
HUSA secures $100M ELOC and $5.4M convertible note to fund Texas Gulf Coast property acquisition
Secured $100M equity line of credit (ELOC) with institutional investor; shares sold at 96% of 3-day VWAP, $2M cap per drawdown.
Acquired all AGIG units for 31,778,032 shares (94% of post-deal shares); total equity value ~$331 million.
HUSA amends share exchange agreement with AGIG unitholders, extends outside date to July 31
Amendment dated June 27, 2025 modifies the Share Exchange Agreement originally signed February 20, 2025.
Houston American Energy raises $1.2M in registered direct offering of 81,629 shares at $14.80
Gross proceeds ~$1.2M from 81,629 shares at $14.80; net proceeds ~$1M after placement agent fees.
Gross proceeds of approximately $2.37 million from sale of 174,100 shares and pre-funded warrants.
Houston American Energy raises $2.37M in registered direct offering at $10.60/share
Gross proceeds ~$2.37M from sale of 223,762 shares/pre-funded warrants at $10.60/share; net proceeds ~$2.1M.
Houston American Energy acknowledges unusual trading activity; says no material change
Company became aware of unusual trading activity in HUSA common stock on June 12–13, 2025.
HUSA approves 1-for-10 reverse stock split, effective June 6, 2025
Board approves 1-for-10 reverse split; outstanding shares to drop from ~15.7M to ~1.57M.
Houston American Energy shareholders approve AGIG acquisition, reverse split, share increase
Over 90% of votes cast support acquisition of Abundia Global Impact Group; 5.37M for, 585K against.
Houston American Energy sells 18% Hupecol Meta stake for $1, confirms $6.4M impairment
Sold its ~18% membership interest in Hupecol Meta LLC for $1.00.
HUSA to acquire Abundia Global Impact Group; existing holders to own 6% post-deal
HUSA acquires 100% of AGIG units; AGIG unitholders receive 94% of HUSA common stock at closing.
Houston American Energy appoints CEO Peter Longo as CFO, replacing Stephen Hartzell
Peter Longo appointed CFO effective Feb 18, 2025; replaces Stephen Hartzell, acting CFO since Nov 2024.
Houston American Energy closes $4.4M registered direct offering of 2.6M shares at $1.70/share
Gross proceeds of ~$4.42M from sale of 2,600,000 shares at $1.70 per share; offering closed Jan 23, 2025.
Houston American Energy enters indemnification agreements with directors and officers
Entered indemnification agreements with each director and officer on Jan 13, 2025.
Director John Terwilliger resigns from Houston American Energy, remains as advisor
John Terwilliger will resign as director effective January 1, 2025.
Houston American Energy signs non-binding LOIs to acquire AGIG and RPD Technologies
LOI to acquire 100% of Abundia Global Impact Group (clean tech) with terms expected final by Q1 2025.
Houston American Energy appoints Stephen Hartzell as Acting CFO, effective Nov 14, 2024
Stephen Hartzell appointed Acting CFO on Nov 14, 2024; also serves as Chairman of the Board and on Audit/Compensation Committees.
Houston American Energy closes $2.5M private placement, appoints new CEO and board members
Private placement raised ~$2.5M from sale of 2,180,180 shares at ~$1.1467/share.
Houston American Energy shareholders approve share increase to 20M, re-elect Hartzell
Class B Director Stephen Hartzell re-elected with 1,194,155 for, 699,869 abstain, and 2,590,041 broker non-votes.
Houston American Energy announces $600K participation in 6-well Finkle Unit drilling program
EOG Resources will operate the Finkle Unit; HUSA holds 0.0078 working interest.
Houston American Energy CEO gets $200K bonus, salary hike to $240K; quorum changed to 33%
CEO John Terwilliger receives $200,000 cash bonus and base salary increased to $240,000/year, effective July 1, 2023.
Houston American Energy sets 2023 annual meeting for June 27; proposal deadline April 10
2023 annual stockholders meeting scheduled for June 27, 2023.
Houston American Energy increases interest in Colombian CPO-11 block to ~16% in Venus area
Acquired additional membership interest in Hupecol Meta, LLC, which holds the 639,405-acre CPO-11 block in Llanos Basin.
Houston American Energy enters ATM sales agreement for up to $3.5M of common stock
Entered ATM Sales Agreement with Univest Securities for up to $3,500,000 of common stock.
Houston American Energy shareholders reject proposal to increase authorized shares
Director R. Keith Grimes elected with 2,527,078 votes for, 268,326 withheld, 4,932,202 abstentions, 2,200,732 broker non-votes.
Houston American Energy adjourns annual meeting to Oct 25 due to lack of quorum
Failed to secure quorum at Sept 20, 2022 annual meeting; adjourned without conducting business.
Houston American Energy updates Colombia CPO-11 block ops; Saturno #1ST well near production
Bugalo #1 drilled, awaiting testing; Saturno #1ST drilled and expected to begin production soon.
Houston American Energy acquires additional interest in Hupecol Meta, gaining 11% in Venus area
Acquired additional membership interest in Hupecol Meta LLC, which holds the 639,405 gross acre CPO-11 block in Colombia.
Houston American Energy annual meeting: share increase proposal fails; other items pass
Director Stephen Hartzell elected with 2.9M for, 275K withheld, 2.8M broker non-votes.
On November 14, 2024, Houston American Energy Corp. (the “ Company ”) appointed Stephen Hartzell as its Acting Chief Financial Officer
Mr. Longo also joined the Board as a director on the Effective Date.
Also on the Effective Date, Robert J. Bailey has joined the Board.
the Company appointed Peter F. Longo as President and CEO of the Company.
The Board has received the resignation of James A. Schoonover as a director from the Board which took effect on the Effective Date.
Max materiality 1.00 · Median 0.55 · Most common event other_material