• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Helper
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees for your businessNEW
    Legal
    Terms of usePrivacy policyCookie policy

    Houston American Energy Corporation filed SEC Form 8-K: Entry into a Material Definitive Agreement, Financial Statements and Exhibits

    6/27/25 8:49:20 PM ET
    $HUSA
    Oil & Gas Production
    Energy
    Get the next $HUSA alert in real time by email
    false 0001156041 0001156041 2025-06-27 2025-06-27 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

     

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

    FORM 8-K

     

    CURRENT REPORT

     

    Pursuant to Section 13 or 15(d) of the

    Securities Exchange Act of 1934

     

    Date of Report (Date of earliest event reported): June 27, 2025

     

    HOUSTON AMERICAN ENERGY CORP.

    (Exact name of registrant as specified in its charter)

     

    Delaware   001-32955   76-0675953

    (State or other jurisdiction

    of incorporation)

     

    (Commission

    File Number)

     

    (IRS Employer

    Identification No.)

     

    801 Travis Street, Suite 1425

    Houston, Texas

      77002
    (Address of principal executive offices)   (Zip Code)

     

    (713) 222-6966

    (Registrant’s telephone number, including area code)

     

    Not Applicable

    (Former name or former address, if changed since last report)

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

     

    ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
       
    ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
       
    ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
       
    ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

     

    Securities registered pursuant to Section 12(b) of the Act:

     

    Title of each class   Trading Symbol(s)   Trading Name of each exchange on which registered
    Common Stock, Par value $0.001   HUSA   NYSE American

     

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

     

    Emerging growth company ☐

     

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

     

     

     

     

     

     

    Item 1.01 Entry into a Material Definitive Agreement.

     

    Amendment to Share Exchange Agreement

     

    As previously disclosed, on February 20, 2025, Houston American Energy Corp., a Delaware corporation (“HUSA” or the “Company”), entered into a share exchange agreement (the “Share Exchange Agreement”) with Abundia Financial, LLC, a Delaware limited liability company (“Abundia Financial”), and Bower Family Holdings, LLC, a North Carolina limited liability company (“BFH”, and together with Abundia Financial, the “AGIG Unitholders”). The AGIG Unitholders are the record and beneficial owners of all the issued and outstanding units of Abundia Global Impact Group, LLC, a Delaware limited liability company (“AGIG”).

     

    Pursuant to the Share Exchange Agreement, HUSA will acquire all of the outstanding units of AGIG from the AGIG Unitholders in exchange for issuing to the AGIG Unitholders a number of shares of HUSA common stock equal to 94% of all the issued and outstanding common stock of HUSA at the time of the closing of the Share Exchange Agreement (the “Share Exchange”).

     

    On June 27, 2025, the Company and the AGIG Unitholders entered into an amendment to the Share Exchange Agreement (the “Amendment”). Pursuant to the Amendment, the parties agreed to (i) amend the calculation of the Share Exchange to consider all common stock approved for issuance by the Company under a future equity incentive plan at the time of the closing, contingent upon the approval by the stockholders of HUSA of such future equity incentive plan; and (ii) amend the definition of Outside Date (as defined in the Share Exchange Agreement) to mean July 31, 2025, after which the Share Exchange Agreement may be terminated by any party if the closing shall not have consummated on or prior to such Outside Date.

     

    Except as stated above, the Amendment does not make any other substantive changes to the Share Exchange Agreement.

     

    A copy of the Amendment is filed with this Current Report on Form 8-K (“Form 8-K”) as Exhibit 10.1 and is incorporated herein by reference, and the foregoing description of the Amendment is qualified in its entirety by reference thereto.

     

    Item 9.01 Financial Statements and Exhibits.

     

    (d) Exhibits

     

    Exhibit No.   Description
    10.1   Amendment to Share Exchange Agreement, dated June 27, 2025, between Houston American Energy Corp., Abundia Financial, LLC, and Bower Family Holdings, LLC.
    104   Cover Page Interactive Data File (embedded within the Inline XBRL document).

     

     

     

     

    SIGNATURES

     

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     

    Date: June 27, 2025 HOUSTON AMERICAN ENERGY CORP.
         
      By: /s/ Peter Longo
      Name: Peter Longo
      Title: Chief Executive Officer

     

     

     

     

    Get the next $HUSA alert in real time by email

    Crush Q3 2025 with the Best AI Executive Assistant

    Stay ahead of the competition with Tailforce.ai - your AI-powered business intelligence partner.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Tailforce.ai

    Recent Analyst Ratings for
    $HUSA

    DatePrice TargetRatingAnalyst
    More analyst ratings

    $HUSA
    SEC Filings

    See more
    • Houston American Energy Corporation filed SEC Form 8-K: Completion of Acquisition or Disposition of Assets, Unregistered Sales of Equity Securities, Changes in Control of Registrant, Leadership Update, Financial Statements and Exhibits

      8-K - HOUSTON AMERICAN ENERGY CORP (0001156041) (Filer)

      7/1/25 4:05:11 PM ET
      $HUSA
      Oil & Gas Production
      Energy
    • Houston American Energy Corporation filed SEC Form 8-K: Entry into a Material Definitive Agreement, Financial Statements and Exhibits

      8-K - HOUSTON AMERICAN ENERGY CORP (0001156041) (Filer)

      6/27/25 8:49:20 PM ET
      $HUSA
      Oil & Gas Production
      Energy
    • Houston American Energy Corporation filed SEC Form 8-K: Entry into a Material Definitive Agreement, Regulation FD Disclosure, Financial Statements and Exhibits

      8-K - HOUSTON AMERICAN ENERGY CORP (0001156041) (Filer)

      6/25/25 5:23:17 PM ET
      $HUSA
      Oil & Gas Production
      Energy

    $HUSA
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Houston American Energy Corp. Appoints Matthew T. Henninger to Board of Directors

      HOUSTON, TX, July 01, 2025 (GLOBE NEWSWIRE) -- In a move to strengthen its leadership following a strategic share exchange with Abundia Global Impact Group (AGIG), Houston American Energy Corp. (NYSE:HUSA) ("HUSA" or the "Company") today announced the appointment of Matthew T. Henninger to its Board of Directors, effective immediately. Mr. Henninger will serve on the Audit Committee and Compensation Committees. "We are pleased to welcome Matthew to the Company's Board of Directors," said Chairman Peter Longo. "Matthew's global business expertise and extensive background in finance and strategic planning make him well-suited to help guide the Company's growth and value creation strategies.

      7/1/25 2:30:00 PM ET
      $HUSA
      Oil & Gas Production
      Energy
    • Houston American Energy Acquires Abundia Global Impact Group, Creating a Publicly Traded Innovator in Low-Carbon Fuels

      HOUSTON, TX, July 01, 2025 (GLOBE NEWSWIRE) -- Houston American Energy Corp. (NYSE:HUSA) ("HUSA" or the "Company") has completed its acquisition of Abundia Global Impact Group, LLC ("AGIG"), creating a leading company focused on converting waste plastics into high-value, drop-in low-carbon fuels and chemical products. The combined company will be led by Abundia's founder, Ed Gillespie, who will serve as Chief Executive Officer and will join the Board of Directors. This strategic acquisition leverages HUSA's public market platform to accelerate Abundia's growth, scale its technology and execute on its plan to develop large-scale recycling projects, beginning with a new facility planned for

      7/1/25 2:25:00 PM ET
      $HUSA
      Oil & Gas Production
      Energy
    • Univest Securities, LLC Announces Closing of $1.2 Million Registered Direct Offering for its Client Houston American Energy Corp. (NYSE American: HUSA)

      New York, June 25, 2025 (GLOBE NEWSWIRE) -- Univest Securities, LLC ("Univest"), a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New York, today announced the closing of registered direct offering (the "Offering"), for its client Houston American Energy Corp. (NYSE:HUSA) (the "Company"), an independent oil and gas company. Under the terms of the securities purchase agreement, the Company has agreed to sell to an institutional investor (the "SPA") for the purchase and sale of an aggregate of 81,629 shares of common stock at a purchase price of $14.80 per share in a registered direct offering. The aggregate gross proceeds to the Com

      6/25/25 5:00:00 PM ET
      $HUSA
      Oil & Gas Production
      Energy

    $HUSA
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more

    $HUSA
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Large owner Bower Family Holdings, Llc bought 3,066,580 shares, increasing direct ownership by 141% to 5,246,760 units (SEC Form 4)

      4 - HOUSTON AMERICAN ENERGY CORP (0001156041) (Issuer)

      7/3/25 7:33:01 PM ET
      $HUSA
      Oil & Gas Production
      Energy
    • New insider Bower Family Holdings, Llc claimed ownership of 2,180,180 shares (SEC Form 3)

      3 - HOUSTON AMERICAN ENERGY CORP (0001156041) (Issuer)

      7/3/25 7:20:08 PM ET
      $HUSA
      Oil & Gas Production
      Energy
    • Director Bailey Robert J. was granted 56,000 shares, increasing direct ownership by 3,733% to 57,500 units (SEC Form 4)

      4 - HOUSTON AMERICAN ENERGY CORP (0001156041) (Issuer)

      7/1/25 6:09:16 PM ET
      $HUSA
      Oil & Gas Production
      Energy
    • Large owner Bower Family Holdings, Llc bought 3,066,580 shares, increasing direct ownership by 141% to 5,246,760 units (SEC Form 4)

      4 - HOUSTON AMERICAN ENERGY CORP (0001156041) (Issuer)

      7/3/25 7:33:01 PM ET
      $HUSA
      Oil & Gas Production
      Energy

    $HUSA
    Leadership Updates

    Live Leadership Updates

    See more
    • Houston American Energy Corp. Appoints Matthew T. Henninger to Board of Directors

      HOUSTON, TX, July 01, 2025 (GLOBE NEWSWIRE) -- In a move to strengthen its leadership following a strategic share exchange with Abundia Global Impact Group (AGIG), Houston American Energy Corp. (NYSE:HUSA) ("HUSA" or the "Company") today announced the appointment of Matthew T. Henninger to its Board of Directors, effective immediately. Mr. Henninger will serve on the Audit Committee and Compensation Committees. "We are pleased to welcome Matthew to the Company's Board of Directors," said Chairman Peter Longo. "Matthew's global business expertise and extensive background in finance and strategic planning make him well-suited to help guide the Company's growth and value creation strategies.

      7/1/25 2:30:00 PM ET
      $HUSA
      Oil & Gas Production
      Energy

    $HUSA
    Financials

    Live finance-specific insights

    See more
    • Houston American Energy Acquires Abundia Global Impact Group, Creating a Publicly Traded Innovator in Low-Carbon Fuels

      HOUSTON, TX, July 01, 2025 (GLOBE NEWSWIRE) -- Houston American Energy Corp. (NYSE:HUSA) ("HUSA" or the "Company") has completed its acquisition of Abundia Global Impact Group, LLC ("AGIG"), creating a leading company focused on converting waste plastics into high-value, drop-in low-carbon fuels and chemical products. The combined company will be led by Abundia's founder, Ed Gillespie, who will serve as Chief Executive Officer and will join the Board of Directors. This strategic acquisition leverages HUSA's public market platform to accelerate Abundia's growth, scale its technology and execute on its plan to develop large-scale recycling projects, beginning with a new facility planned for

      7/1/25 2:25:00 PM ET
      $HUSA
      Oil & Gas Production
      Energy
    • Houston American Energy Corp. Announces 1-for-10 Reverse Stock Split

      HOUSTON, TX, May 28, 2025 (GLOBE NEWSWIRE) -- Houston American Energy Corp. (NYSE:HUSA) ("HUSA" or the "Company") announced today that its Board of Directors approved a reverse stock split of the Company's common stock at a ratio of 1-for-10. The reverse stock split is intended to increase the market price per share of the Company's common stock and help the Company satisfy the initial listing requirements of the New York Stock Exchange American (the "NYSE") in connection with the closing of HUSA's previously announced acquisition of Abundia Global Impact Group, LLC ("AGIG"). On April 24, 2025, at the Company's special meeting of stockholders, the Company's stockholders approved a reverse

      5/28/25 5:20:00 PM ET
      $HUSA
      Oil & Gas Production
      Energy
    • Houston American Energy Increases Interest in Colombian CPO-11 Project

      Houston, TX, Dec. 09, 2022 (GLOBE NEWSWIRE) -- Houston American Energy Corp. (NYSE:HUSA) today announced the acquisition of an additional interest in Hupecol Meta, LLC. Hupecol Meta owns the 639,405 gross acre CPO-11 block in the Llanos Basin in Colombia, comprised of the 69,128 acre Venus Exploration area, operated by Hupecol, and 570,277 acres which was 50% farmed out to Parex Resources by Hupecol. In total, the CPO-11 block covers almost 1000 square miles with multiple identified leads and prospects expected to support a multi-well drilling program. Through its membership interest in Hupecol Meta, Houston American now holds an approximately 16% interest in the Venus Exploration area an

      12/9/22 9:15:00 AM ET
      $HUSA
      Oil & Gas Production
      Energy

    $HUSA
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13D/A filed by Houston American Energy Corporation (Amendment)

      SC 13D/A - HOUSTON AMERICAN ENERGY CORP (0001156041) (Subject)

      2/2/22 4:30:14 PM ET
      $HUSA
      Oil & Gas Production
      Energy
    • SEC Form SC 13D/A filed by Houston American Energy Corporation (Amendment)

      SC 13D/A - HOUSTON AMERICAN ENERGY CORP (0001156041) (Subject)

      1/31/22 5:25:31 PM ET
      $HUSA
      Oil & Gas Production
      Energy
    • SEC Form SC 13D/A filed by Houston American Energy Corporation (Amendment)

      SC 13D/A - HOUSTON AMERICAN ENERGY CORP (0001156041) (Subject)

      7/8/21 4:53:17 PM ET
      $HUSA
      Oil & Gas Production
      Energy