Houston American Energy Corp. Announces 1-for-10 Reverse Stock Split Effective June 2025

Reuters

29 May

Houston American Energy Corp. Announces 1-for-10 Reverse Stock Split Effective June 2025

Houston American Energy Corp. (NYSE American: HUSA) has announced a 1-for-10 reverse stock split of its common stock, effective after market close on June 6, 2025. This move aims to increase the market price per share and assist in meeting the NYSE's listing requirements following the acquisition of Abundia Global Impact Group, LLC. Post-split, the number of outstanding shares will reduce from approximately 15.7 million to 1.57 million, while maintaining stockholders' percentage ownership interest. The stock will begin trading on a split-adjusted basis on June 9, 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Houston American Energy Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-012740), on May 28, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Announces 1-for-10 Reverse Stock Split Effective June 2025","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Houston American Energy Corp. Announces 1-for-10 Reverse Stock Split Effective June 2025\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Houston American Energy Corp. (NYSE American: HUSA) has announced a 1-for-10 reverse stock split of its common stock, effective after market close on June 6, 2025. This move aims to increase the market price per share and assist in meeting the NYSE's listing requirements following the acquisition of Abundia Global Impact Group, LLC. Post-split, the number of outstanding shares will reduce from approximately 15.7 million to 1.57 million, while maintaining stockholders' percentage ownership interest. 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