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.
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 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.
Two additional U.S. sites authorized under Alterra Technology License & Services Agreement, bringing total U.S. sites to three.
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 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.
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.
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 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 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 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 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 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 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.
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