Past year: ▼ 84%(91.0c – 5.79 USD)
Each one in plain English, with the numbers worked through for a shareholder.
23 Feb 2026capital raising announcement▲ GoodMajor
Abundia raised about $20 million in a registered direct offering of 4,134,175 shares and pre-funded warrants for 1,800,543 shares to one institutional investor. It planned to use the money for its FEED study, the RPD Technologies acquisition, debt reduction and its innovation hub.
21 Nov 2025capital raising announcement▲ GoodMajor
Post-merger Abundia raised $8.0 million in a registered direct offering, selling 2.3 million shares at $3.50, funding the buildout of its plastics-to-fuel plant.
What it means for a shareholder
2.3m new shares at US$3.50 to raise about US$8.0m. That's 6.2% dilution: every existing holder's slice gets 6.2% smaller. If you held US$1,000 of shares (286 at the issue price), your slice goes from 0.000825% to 0.000774% of the company. To keep it you'd need 19 more shares - about US$67 at the issue price.
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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.
20 Sept 2019capital raising announcement▼ BadMajor
Houston American issued $621,052 of unsecured 12% bridge loan notes, plus warrants over 1,180,000 shares, to its CEO and principal shareholder for $590,000. The money funded the purchase of a 20% interest in 5,871 gross acres in the Permian Basin's Northern Shelf.
28 June 2017capital raising announcement▼ Bad
Houston American took on a $600,000 bridge loan at 12% interest, sold at a discount for $570,000 with warrants attached -- another sign of the tightening cash position behind the year's preferred-stock raises.
8 May 2017capital raising announcement▼ Bad
Houston American raised another $0.9 million via 12%-dividend Series B convertible preferred stock and warrants, continuing the same high-cost financing pattern as the Series A raise three months earlier.
2 Feb 2017capital raising announcement▼ Bad
Houston American raised $1.2 million selling 12%-dividend Series A convertible preferred stock, a high-cost financing typical of the funding strain the company faced through this period.
5 May 2006capital raising announcement● Neutral
Holders converted the full $2.125 million of Houston American's 2005 convertible notes into 2.125 million shares, closing out that debt.
28 Apr 2006capital raising announcement▲ GoodMajor
Houston American raised $16.6 million in a private placement of 5.5 million shares at roughly $3/share, a much larger capital raise than its 2005 note deal, with Sanders Morris Harris as placement agent.
10 May 2005capital raising announcement● Neutral
Houston American sold $2.125 million of 8% subordinated convertible notes due 2010 to a group of private investors, convertible into stock at $1.00/share.
