8-K

ABUNDIA GLOBAL IMPACT GROUP, INC. (AGIG)

8-K 2020-01-22 For: 2020-01-22
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Added on April 10, 2026

UnitedStates

SECURITIESAND EXCHANGE COMMISSION

Washington,D.C. 20549

FORM8-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): January 22, 2020

HOUSTONAMERICAN ENERGY CORP.

(Exact name of registrant as specified in its charter)

Delaware 1-32955 76-0675953
(State<br> or other jurisdiction of incorporation or organization) (Commission<br><br> File Number) (IRS<br> Employer<br><br> <br>Identification<br> No.)

801 Travis Street, Suite 1425

Houston, Texas 77002

(Address of principal executive offices, including zip code)

713-222-6966

(Registrant’s telephone number, including area code)

(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 obligations 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<br>of each class Trading<br> Symbol(s) Name<br> of each exchange on which registered
Common<br> Stock, par value $0.001 per share HUSA NYSE<br> 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 7.01. Regulation FD Disclosure.

On January 22, 2020, Houston American Energy Corp. (the “Company”) issued a press release announcing recent financing activities and financial position. The press release is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein solely for purposes of this Item 7.01.

In accordance with General Instruction B.2 of Form 8-K, the information set forth in this Item 7.01, including Exhibit 99.1, is furnished pursuant to Item 7.01 and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities under that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Item9.01. Financial Statements and Exhibits.

(d) Exhibits
99.1 Press<br> release, dated January 22, 2020
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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.

HOUSTON<br> AMERICAN ENERGY CORP.
Dated:<br> January 22, 2020
By: /s/ James Schoonover
Name: James<br> Schoonover
Title: Chief<br> Executive Officer

Exhibit 99.1

HoustonAmerican Energy Provides Update on Financing Activities and Financial Position

Houston, TX – January 22, 2020 – Houston American Energy Corp. (NYSE American: HUSA) today provided an update on the company’s recent financing activities and current financial position.

Since reporting 3^rd^ quarter 2019 results, Houston American has raised $4.49 million of net proceeds from the sale of common stock. The shares were sold under its previously announced “at-the-market”, or ATM, sales program at an average price of $0.21 per share. These funds will be used to retire all short-term debt and are expected to fully fund the company’s 2020 drilling budget and to establish a cash reserve to support operations and future projects.

Jim Schoonover, CEO of Houston American Energy, stated, “With the broad strength in energy markets and energy stocks in the wake of the recent U.S./Iran conflict, we elected to access funds available under our ATM sales program. With this financing, we expect to be able to fully fund our operating and capital expenditure requirements during 2020 with additional capital available to pursue other growth opportunities that may come our way. We are excited about the additions to our prospect inventory over the past year and the direction of the company and look forward to reporting our progress to shareholders throughout 2020.”

Forward-Looking Statements

The information in this release includes certain forward-looking statements that are based on assumptions that in the future may prove not to have been accurate, including statements regarding our ability to fully fund our 2020 drilling budget and support operations and future projects. Our ability to fund our drilling budget, operations and future projects is subject to numerous risk factors, including potential cost overruns, unforeseen costs, acceleration of drilling operations not presently contemplated, other factors that may result in our spending more than presently contemplated to support operations, planned 2020 drilling operations and future projects, among other risks described in our reports filed with the Securities and Exchange Commission.

For additional information, view the company’s website at www.houstonamerican.com or contact Houston American Energy Corp. at (713) 222-6966.