• 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

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

    1/31/22 5:25:31 PM ET
    $HUSA
    Oil & Gas Production
    Energy
    Get the next $HUSA alert in real time by email
    SC 13D/A 1 g131226sc13da2.htm AMENDMENT NO. 2

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

    SCHEDULE 13D

    (Rule 13d-101)

     

    INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

    TO § 240.13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO

    § 240.13d-2(a)

     

    (Amendment No. 2)1

     

    Houston American Energy Corp.

    (Name of Issuer)

     

    Common Stock, $0.001 par value

    (Title of Class of Securities)

     

    44183U209

    (CUSIP Number)

     

    Milton C, Ault, III

    BITNILE HOLDINGS, INC.

    11411 Southern Highlands Parkway, Suite 240

    Las Vegas, NV 89141

    (949) 444-5464

    (Name, Address and Telephone Number of Person

    Authorized to Receive Notices and Communications)

     

    January 28, 2022

    (Date of Event Which Requires Filing of This Statement)

     

    If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this Schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box ¨.

     

    Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See § 240.13d-7 for other parties to whom copies are to be sent.

     

    _______________

    1       The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

     

    The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

     

     

     

     - 1 - 
     

     

    CUSIP No. 44183U209

     

    1

    NAME OF REPORTING PERSONS

     

    BitNile Holdings, Inc.

    2

    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*(a) ¨

    (b) ¨

    3

    SEC USE ONLY

     

    4

    SOURCE OF FUNDS

    WC

    5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)¨
    6

    CITIZENSHIP OR PLACE OF ORGANIZATION

     

    DELAWARE

    NUMBER OF
    SHARES
    BENEFICIALLY
    OWNED BY
    EACH
    REPORTING
    PERSON WITH
    7

    SOLE VOTING POWER

     

    1,220,000

    8

    SHARED VOTING POWER

     

    0

    9

    SOLE DISPOSITIVE POWER

     

    1,220,000

    10

    SHARED DISPOSITIVE POWER

     

    0

    11

    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

    1,220,000

    12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES¨
    13

    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

     

    12.23%

    14

    TYPE OF REPORTING PERSON

     

    CO

     

     - 2 - 
     

     

    CUSIP No. 44183U209

     

    This Amendment No. 2 (“Amendment No. 2”) amends and supplements the Schedule 13D filed by the undersigned on July 1, 2021, as amended on July 8, 2021 (the “Schedule 13D”). Except as otherwise specified in this Amendment No. 2, all items in the Schedule 13D are unchanged. All capitalized terms used in this Amendment No. 2 and not otherwise defined herein have the meanings ascribed to such terms in the Schedule 13D.

     

    Item 2. Identity and Background.

     

    Item 2 of the Schedule 13D is hereby amended and restated in its entirety as follows:

     

    (a)       This statement is filed on behalf of BitNile Holdings, Inc. (formerly, Ault Global Holdings, Inc.) (the “Reporting Person”).

     

    Set forth on Schedule A annexed hereto (“Schedule A”) is the name and present principal occupation or employment, principal business address and citizenship of the executive officers and directors of the Reporting Person. To the best of the Reporting Person’s knowledge, except as otherwise set forth herein, none of the persons listed on Schedule A beneficially owns any securities of the Issuer or is a party to any contract, agreement or understanding required to be disclosed herein.

     

    (b)       The Reporting Person’s principal business address is 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141.

     

    (c)        The Reporting Person is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact. Through its wholly and majority-owned subsidiaries and strategic investments, the Reporting Person owns and operates a data center at which it mines Bitcoin and provides mission-critical products that support a diverse range of industries, including defense/aerospace, industrial, automotive, telecommunications, medical/biopharma, and textiles.

     

    (d)       Neither the Reporting Person nor any person listed on Schedule A has, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).

     

    (e)       Neither the Reporting Person nor any person listed on Schedule A has, during the last five years, been party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

     

    (f)       The Reporting Person is incorporated under the laws of Delaware. The citizenship of the persons listed on Schedule A is set forth therein.

     

    Item 3.Source and Amount of Funds or Other Consideration.

     

    Item 3 of the Schedule 13D is hereby amended and restated in its entirety as follows:

     

    The Shares purchased by the Reporting Person as reported on the Schedule 13D were purchased with working capital in open market purchases. The Reporting Person expended an aggregate of $2,980,109.30 for the purchase of the Shares.

     

    The Shares transacted by the Reporting Person as reported on this Amendment No. 2 decreased AGH’s aggregate expenditures by $417,893.85. Consequently, as of the date of this Amendment No. 2, the Reporting Person has expended an aggregate of $2,587,566.85 for the purchase of the Shares.

     

     - 3 - 
     

     

    CUSIP No. 44183U209

     

    Item 5.Interest in Securities of the Issuer.

     

    Item 5 of the Schedule 13D is hereby amended and restated in its entirety as follows:

     

    The aggregate percentage of Shares reported owned by the Reporting Person herein is based upon 9,928,338 Shares outstanding, which is the total number of Shares outstanding as of November 10, 2021, as reported in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 12, 2021.

     

    Reporting Person

     

    (a) As of the close of business on January 28, 2022, the Reporting Person beneficially owned 1,220,000 Shares.

     

    Percentage: Approximately 12.29%

     

    (b) 1. Sole power to vote or direct vote: 1,220,000
    2. Shared power to vote or direct vote: None
    3. Sole power to dispose or direct the disposition: 1,220,000
    4. Shared power to dispose or direct the disposition: None

     

    (c) The Reporting Person has not entered into any transactions in the Shares during the past sixty days except for the open market transactions conducted by its wholly-owned subsidiary Digital Power Lending, LLC set forth below.

     

    Digital Power Lending, LLC

     

    Digital Power Lending, a wholly-owned subsidiary of the Reporting Person, engaged in the following transactions in the Shares during the past sixty days:

     

    Nature of the Transaction Shares of Common Stock
    Purchased / (Sold)
    Price Per Share ($) Date of Transaction
    Sale of Common Stock (282,500) 1.56 01/28/2022
    Purchase of Common Stock 15,000 1.59 01/28/2022

     

     

    (d)No person other than the Reporting Person is known to have the right to receive, or the power to direct the receipt of dividends from, or proceeds from the sale of, the Shares.

     

    (e)Not applicable.

     

     - 4 - 
     

     

    CUSIP No. 44183U209

     

    SIGNATURES

     

    After reasonable inquiry and to the best of his knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.

     

    Dated:     January 31, 2022

     

      AULT GLOBAL HOLDINGS, INC.
         
      By:  /s/ Milton C. Ault, III
        Milton C. Ault, III
        Executive Chairman

     

     

     

     

      DIGITAL POWER LENDING, LLC
         
      By:  /s/ David J. Katzoff
        David J. Katzoff
        Manager

     

     - 5 - 
     

     

    SCHEDULE A

     

    Officers and Directors of BitNile Holdings, Inc.

     

    Name and Position Principal Occupation Principal Business Address Citizenship

    Milton C. Ault, III

    Executive Chairman

    Executive Chairman of BitNile Holdings, Inc. c/o BitNile Holdings, Inc. 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141 USA

    William B. Horne

    Chief Executive
    Officer and Director

    Chief Executive Officer of BitNile Holdings, Inc. c/o BitNile Holdings, Inc. 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141 USA

    Henry C.W. Nisser

    President, General
    Counsel and Director

    President and General Counsel of BitNile Holdings, Inc. c/o BitNile Holdings, Inc. 100 Park Avenue, 16th Floor, Suite 1658A, New York, NY 10017 Sweden

    Kenneth S. Cragun

    Chief Financial
    Officer

    Chief Financial Officer of BitNile Holdings, Inc. c/o BitNile Holdings, Inc. 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141 USA

    Howard Ash

    Independent Director

    Chairman of Claridge Management c/o BitNile Holdings, Inc. 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141 USA

    Jeffrey A. Bentz

    Independent Director

    President of North Star Terminal & Stevedore Company c/o BitNile Holdings, Inc. 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141 USA

    Robert O. Smith

    Independent Director

    Independent Executive Consultant c/o BitNile Holdings, Inc. 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141 USA

    Moti Rosenberg

    Independent Director

    Independent Consultant c/o BitNile Holdings, Inc. 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141 Israel

    Glen Tellock

    Independent Director

    Independent Consultant c/o BitNile Holdings, Inc. 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141 USA

     

     

    - 6 -

     

     

     

    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
    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
    • 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

    $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
    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

    $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
    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
    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