Houston, Texas, November 24, 2025
Houston American Energy Corp. has successfully completed a registered direct offering, raising approximately $8 million by selling 2,285,715 shares of common stock at $3.50 each. The funds will primarily finance Phase 1 of the Cedar Port Renewable Energy Complex and advance a waste-plastics-to-fuels facility. This funding reflects institutional investors’ confidence in the company’s growth strategy as it diversifies its portfolio in both conventional and renewable energy sectors.
Houston, Texas – Houston American Energy Corp. (NYSE American: HUSA) has successfully completed a registered direct offering, raising approximately $8 million by selling 2,285,715 shares of common stock at $3.50 per share. This financing endeavor, led by A.G.P./Alliance Global Partners as the sole placement agent and Univest Securities, LLC acting as the financial advisor, signifies a crucial step in the company’s growth trajectory.
The funds acquired from this offering are earmarked for several strategic initiatives. Notably, a significant portion will be allocated to complete Phase 1 of the Cedar Port Renewable Energy Complex located in Baytown, Texas. Additionally, the company aims to advance the Final Investment Decision (FID) for its inaugural commercial waste-plastics-to-fuels facility. Remaining proceeds will support the company’s disciplined growth strategy, facilitate the repayment of a convertible note, and provide working capital for general corporate purposes.
Strategic Growth Initiatives
Houston American Energy Corp. is positioning itself for long-term growth through diverse energy solutions. The CEO emphasized the importance of this recent offering, stating that it marks a pivotal milestone in the company’s long-term growth strategy and highlights the confidence institutional investors have in the company. This positive momentum is reflected in the company’s recent financial activities, including a previous offering in January 2025 that raised approximately $4.42 million and another in June 2025 which garnered around $1.2 million.
As an independent energy company, Houston American Energy Corp. has a diversified portfolio across both conventional and renewable sectors. The recent expansion into the renewable sector through the acquisition of Abundia Global Impact Group, LLC, a technology-driven platform specializing in converting waste plastics into low-carbon fuels and chemical feedstocks, underscores the company’s commitment to sustainable solutions while meeting global energy demands.
Community Impact and Economic Growth
This funding initiative not only strengthens Houston American Energy’s capital position but also highlights broader themes of entrepreneurship and resilience within the local business landscape. By investing in innovative projects such as the Cedar Port Renewable Energy Complex and reducing plastics wastage through novel technologies, the company is contributing positively to Houston’s economic landscape. The potential for job creation and the promotion of a greener environment align with ongoing efforts to stimulate local growth and enhance Houston’s reputation as a hub for energy innovation.
Local businesses and stakeholders are encouraged by developments like this, which showcase the potential for entrepreneurial innovation in Houston. Supporting such ventures fosters a robust economic environment and allows small businesses to thrive with minimal regulatory interference.
Conclusion: A Bright Future Ahead
Houston American Energy Corp.’s recent fundraising efforts and strategic initiatives symbolize the dynamic growth opportunities present in Houston’s business community. As companies like Houston American Energy pioneer advancements in both traditional and renewable energy, the potential for economic growth in Houston remains promising. Residents and investors are encouraged to support local businesses engaged in sustainable practices and participate in the continued development of Houston’s vibrant economy.
Frequently Asked Questions
Frequently Asked Questions
What is the amount raised in Houston American Energy Corp.’s recent offering?
The company raised approximately $8 million by selling 2,285,715 shares at $3.50 per share.
Who were the key participants in the offering?
A.G.P./Alliance Global Partners acted as the sole placement agent, and Univest Securities, LLC served as the financial advisor.
What are the intended uses for the proceeds from the offering?
The funds will be used to complete Phase 1 of Cedar Port Renewable Energy Complex, advance the Final Investment Decision for a waste-plastics-to-fuels facility, repay a convertible note, and support general corporate purposes.
What recent financial activities has Houston American Energy Corp. undertaken?
Earlier in 2025, the company completed a $4.42 million offering in January and a $1.2 million offering in June.
What is Houston American Energy Corp.’s focus in the energy sector?
The company has a diversified portfolio across conventional and renewable energy sectors, including a recent acquisition in the waste-plastics-to-fuels technology sector.
| Key Feature | Details |
|---|---|
| Amount Raised | Approximately $8 million |
| Number of Shares Sold | 2,285,715 shares |
| Price per Share | $3.50 |
| Placement Agent | A.G.P./Alliance Global Partners |
| Financial Advisor | Univest Securities, LLC |
| Use of Proceeds | Complete Phase 1 of Cedar Port Renewable Energy Complex, advance Final Investment Decision for waste-plastics-to-fuels facility, repay convertible note, support general corporate purposes |
| Previous Offerings in 2025 | $4.42 million in January, $1.2 million in June |
| Recent Acquisition | Abundia Global Impact Group, LLC, specializing in waste-plastics-to-fuels technology |
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