Houston American SEC Filings

Houston American Energy Corp. (HUSA) – Form 4 filing dated 07/03/2025

The filing discloses that Bower Family Holdings, LLC, already a 10% beneficial owner of HUSA, acquired an additional 3,066,580 shares of common stock on 07/01/2025. The acquisition, coded “P” on the form, was executed through the exchange of the reporting person’s units of Abundia Global Impact Group, LLC pursuant to a Share Exchange Agreement signed on 02/20/2025. Following the transaction, the reporting person now directly owns 5,246,760 HUSA shares, reinforcing its status as a significant insider.

No derivative securities were reported, and no sale or disposition occurred. The filing is signed by Kevin Bower as Managing Member of Bower Family Holdings.

• Form type: SEC Form 4 (Statement of Changes in Beneficial Ownership)
• Reporting person’s relationship to issuer: 10% Owner
• Nature of transaction: Share-for-share exchange (reflected as a purchase)
• Resulting ownership: 5.25 million shares, held directly

For investors, an increase in holdings by a >10% insider can be viewed as a vote of confidence and is a material ownership update that may influence sentiment and float dynamics.

Houston American Energy Corp (HUSA) – SEC Form 3 filing: Bower Family Holdings, LLC has filed an initial statement of beneficial ownership, disclosing direct ownership of 2,180,180 common shares. The filer is classified as a 10% owner, giving it significant influence under Section 16(a) rules. The report covers an event dated 11/11/2024 and is signed by Managing Member Kevin Bower on 07/03/2025. No derivative securities or additional ownership structures are reported.

This routine regulatory filing increases transparency regarding insider holdings but does not, by itself, indicate any change in Houston American’s operations, strategy, or financial performance. Investors may view the large stake as a potential vote of confidence, yet the document provides no purchase price, transaction details, or intent, limiting immediate valuation impact.

Houston American Energy Corp. (HUSA) – Form 4 insider filing

CEO, President and Director Peter F. Longo reported a board-approved award of 40,000 shares of common stock dated 30 June 2025. The transaction is coded as an acquisition ("A") at a stated price of $0.00 per share. A footnote clarifies that the shares have not yet been issued and will only be distributed once shareholders approve a future equity-incentive plan; Mr. Longo therefore disclaims current beneficial ownership of the grant. Should issuance occur, his direct holdings would rise to 51,917.48 shares.

No derivative securities were reported, and the form was filed solely by the reporting person on 1 July 2025. The filing signals prospective equity compensation rather than an open-market transaction, so there is no immediate impact on share count, cash flow or ownership percentages.

• Reporting person: Peter F. Longo
• Role: CEO, President, Director
• Shares granted: 40,000 common shares (contingent)
• Price: $0.00 per share
• Condition: Subject to shareholder approval of a future equity-incentive plan

Houston American Energy (NYSE:HUSA) filed an 8-K announcing completion of a registered direct offering on 25-Jun-2025.

The company sold 81,629 common shares at $14.80 each, raising $1.2 million gross and roughly $1.0 million net after an 8% placement fee to Univest Securities plus expenses.

Proceeds are designated for general corporate purposes—capital expenditures, working capital and potential but currently uncommitted acquisitions. The issuance was made under shelf registration No. 333-282778. Key agreements (Securities Purchase Agreement and Placement Agency Agreement) and a legal opinion are filed as Exhibits 10.1, 10.2 and 5.1.

Houston American Energy Corp. (NYSE American: HUSA) has filed a Rule 424(b)(3) prospectus supplement to sell 81,629 newly issued common shares at $14.80 per share through a registered direct offering. The placement is being handled on a best-efforts, no-minimum basis by Univest Securities, which will earn an 8% cash fee and reimbursement of up to $10,000 in expenses.

Proceeds & valuation. Gross proceeds will total approximately $1.21 million; after fees and expenses, net proceeds are estimated at roughly $1.0 million. Management plans to deploy the funds for working capital and general corporate purposes, with no earmarked acquisitions.

Pricing & dilution. The $14.80 issue price represents a 20% discount to the $18.54 closing price on 23-Jun-2025. Post-transaction, basic shares outstanding will rise 4.5% from 1,826,756 to 1,908,385 (excluding 93,522 options). Pro-forma tangible book value per share increases to $5.29, but investors in this round face immediate dilution of $9.51 per share relative to purchase price.

Regulatory framework. The sale utilizes capacity under the company’s November 2024 $8 million Form S-3 shelf and complies with General Instruction I.B.6 (one-third cap for issuers with <$75 million public float). Prior offerings over the past 12 months total $7.99 million, leaving limited headroom after this tranche.

Capital structure & risks. The deal follows a 174,100-share issuance at $10.60 and 49,662 pre-funded warrants on 17-Jun-2025, signalling an ongoing dependence on equity for liquidity. Because the current placement has no minimum and is small relative to operating needs, there is a heightened risk of further dilutive financings. Volatile share price movements (52-week intra-day range $3.96–$25.56) and the company’s non-operator model in the Permian and Gulf Coast remain key considerations.

Overall, the transaction modestly bolsters cash while incrementally diluting existing shareholders and reinforces management’s preference for equity over debt financing.