16 July 2025substantial holder notice● Neutral
3i, LP filed a Schedule 13G exit filing. It had held 9.99% after the June 20, 2025 offering, but after disposing of those shares it held only a convertible note, equal to 497,690 shares (1.5%).
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
16 July 2025securities registration● Neutral
ABUNDIA GLOBAL IMPACT GROUP, INC. filed notice of an exempt private placement.
16 July 2025asset acquisition disposition▲ GoodMajor
The newly-merged company financed its next phase: a $5.43 million senior secured convertible note (7% interest, 8% original issue discount, due July 2026) and a $100 million committed equity line of credit, using the note proceeds to buy a 25-acre site in Baytown, Texas's Cedar Port Industrial Park for $8.5 million -- the physical site for Abundia's planned plastics-to-fuel operations.
11 July 2025securities registration● Neutral
ABUNDIA GLOBAL IMPACT GROUP, INC. confidentially submitted a draft registration statement to the SEC.
9 July 2025substantial holder notice● Neutral
Abundia Financial reported owning 27,599,221 Houston American shares, 81.9% of the company, after the share exchange for Abundia Global Impact Group closed on July 1, 2025. Management and board changes took effect the same day.
8 July 2025director interest notice● Neutral
Gillespie Edward Oliver became a ABUNDIA GLOBAL IMPACT GROUP, INC. Chief Executive Officer and company insider (initial ownership filing).
8 July 2025director interest notice● Neutral
Abundia Financial LLC became a ABUNDIA GLOBAL IMPACT GROUP, INC. 10%+ owner and company insider (initial ownership filing).
8 July 2025director interest notice● Neutral
Harwood Lucie became a ABUNDIA GLOBAL IMPACT GROUP, INC. Chief Financial Officer and company insider (initial ownership filing).
8 July 2025director interest notice● Neutral
Gasik Joseph became a ABUNDIA GLOBAL IMPACT GROUP, INC. Chief Operating Officer and company insider (initial ownership filing).
3 July 2025director interest notice● Neutral
Bower Family Holdings, LLC became a ABUNDIA GLOBAL IMPACT GROUP, INC. company insider (initial ownership filing).
3 July 2025director interest notice● Neutral
ABUNDIA GLOBAL IMPACT GROUP, INC. insider Bower Family Holdings, LLC bought 3,066,580 shares on the open market at $0.00.
1 July 2025director interest notice● Neutral
ABUNDIA GLOBAL IMPACT GROUP, INC. director Bailey Robert J. received 56,000 shares as part of the equity award.
1 July 2025business combination▲ GoodMajor
The reverse merger closed: Abundia Financial and Bower Family Holdings exchanged all their Abundia Global Impact Group units for 94% of Houston American's common stock (Abundia Financial ending up holding 84.6% directly), at an implied equity value the filing put at roughly $331 million. CEO/CFO Peter Longo stepped down to Chairman only, and AGIG co-founder Edward Gillespie became the new CEO -- Houston American Energy Corp had become the public vehicle for Abundia's business.
1 July 2025director interest notice● Neutral
ABUNDIA GLOBAL IMPACT GROUP, INC. CEO and President Peter F. Longo received 40,000 shares as part of the equity award.
30 June 2025material agreement● Neutral
Houston American and the owners of Abundia Global Impact Group (Abundia Financial and Bower Family Holdings) amended their Share Exchange Agreement -- adjusting the share-exchange formula to account for a future equity incentive plan and pushing the closing deadline to July 31, 2025.
25 June 2025securities registration● Neutral
Houston American Energy filed the prospectus supplement for a registered direct offering of 81,629 shares of common stock at $14.80 per share, with Univest Securities as placement agent.
25 June 2025material agreement● Neutral
A further registered direct raise, about $1.2 million at $14.80/share, a week before the amended Abundia merger deadline.
18 June 2025securities registration● Neutral
Houston American Energy offered 174,100 shares of common stock at $10.60 each, plus pre-funded warrants for 49,662 shares, in a registered direct offering through Univest Securities.
18 June 2025material agreement● Neutral
Houston American raised about $2.37 million in a registered direct offering of shares/prefunded warrants at $10.60/share -- bridge funding through the pending Abundia merger; a separately-discussed equity line of credit was not executed at this time.
17 June 2025director interest notice● Neutral
ABUNDIA GLOBAL IMPACT GROUP, INC. CEO and President Peter F. Longo received a stock option grant for 9,685 shares.
15 May 2025director interest notice● Neutral
ABUNDIA GLOBAL IMPACT GROUP, INC. CEO and President Peter F. Longo received a stock option grant for 82,704 shares.
13 May 2025substantial holder notice● Neutral
3i, LP filed an exit Schedule 13G/A showing it held 317,318 shares, or 2.0%, as of March 31, 2025, down from 8.3% earlier. It was no longer a holder of more than 5%.
9 May 2025quarterly activities report▼ Bad
Houston American reported oil and gas revenue of $102,345 and a net loss of $1.03 million for the quarter ended March 31, 2025. Cash rose to $5.3 million after a share sale raised $3.8 million.
16 Apr 2025director interest notice● Neutral
ABUNDIA GLOBAL IMPACT GROUP, INC. CEO and President Peter F. Longo received a stock option grant for 60,645 shares.
11 Apr 2025agm notice● Neutral
Houston American called a special stockholder meeting for April 24, 2025 to vote on issuing shares equal to 94% of its stock to acquire Abundia Global Impact Group, a reverse split, and raising authorised shares from 20 million to 300 million.
17 Mar 2025director interest notice● Neutral
ABUNDIA GLOBAL IMPACT GROUP, INC. CEO and President Peter F. Longo received a stock option grant for 33,859 shares.
3 Mar 2025asset acquisition disposition▼ BadMajor
Houston American sold its remaining 18% interest in Hupecol Meta -- its last Colombian oil and gas asset -- to Andes Operating Company for $1, confirming the $6.4 million impairment already booked against that investment in the FY2024 10-K. The Colombian E&P business that had defined the company since 2003 was wound down just as the pivot to Abundia was getting underway.
28 Feb 2025agm notice● Neutral
ABUNDIA GLOBAL IMPACT GROUP, INC. shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
24 Feb 2025capital raising announcement▲ GoodMajor
Houston American signed the share exchange agreement to be acquired by Abundia Global Impact Group, LLC via reverse merger, with AGIG's owners set to receive 94% of the combined company -- the deal that closed five months later and turned the oil & gas company into a plastics-to-liquids business.
18 Feb 2025director interest notice● Neutral
ABUNDIA GLOBAL IMPACT GROUP, INC. CEO, President Peter F. Longo received a stock option grant for 19,841 shares.