Houston American Energy Corp. Files 8-K for Agreements and Officer Changes
Ticker: AGIG · Form: 8-K · Filed: Jan 16, 2025 · CIK: 1156041
Sentiment: neutral
Topics: agreement, management-change, filing
Related Tickers: HAEX
TL;DR
HAEX filed an 8-K for a material agreement and officer changes. Watch for details.
AI Summary
Houston American Energy Corp. announced on January 13, 2025, a material definitive agreement and changes in its board and officer compensation. The company also filed financial statements and exhibits as part of this report.
Why It Matters
This filing indicates significant corporate actions, including new agreements and potential changes in executive compensation, which could impact the company's strategic direction and shareholder value.
Risk Assessment
Risk Level: medium — Material definitive agreements and changes in corporate officers can signal significant shifts in business strategy or financial health, warranting closer investor scrutiny.
Key Players & Entities
- HOUSTON AMERICAN ENERGY CORP. (company) — Registrant
- January 13, 2025 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- 76-0675953 (tax_id) — IRS Employer Identification No.
- 801 Travis Street , Suite 1425 Houston , Texas 77002 (address) — Principal executive offices
- 713 - 222-6966 (phone_number) — Registrant's telephone number
FAQ
What is the nature of the material definitive agreement filed by Houston American Energy Corp.?
The filing indicates the entry into a material definitive agreement, but the specific details of this agreement are not provided in the summary information.
What specific changes occurred regarding directors or officers?
The filing reports the departure of directors or certain officers, the election of directors, and the appointment of certain officers, along with details on compensatory arrangements.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on January 13, 2025.
What is Houston American Energy Corp.'s state of incorporation and principal executive office address?
Houston American Energy Corp. is incorporated in Delaware and its principal executive offices are located at 801 Travis Street, Suite 1425, Houston, Texas 77002.
What other items are included in this 8-K filing besides the material agreement and officer changes?
In addition to the material definitive agreement and changes in directors/officers, the filing also includes financial statements and exhibits.
Filing Stats: 659 words · 3 min read · ~2 pages · Grade level 12.8 · Accepted 2025-01-15 19:21:00
Key Financial Figures
- $0.001 — ch registered Common Stock, par value $0.001 per share HUSA NYSE American Item
Filing Documents
- form8-k.htm (8-K) — 41KB
- ex10-1.htm (EX-10.1) — 92KB
- 0001493152-25-002450.txt ( ) — 325KB
- husa-20250113.xsd (EX-101.SCH) — 3KB
- husa-20250113_lab.xml (EX-101.LAB) — 33KB
- husa-20250113_pre.xml (EX-101.PRE) — 24KB
- form8-k_htm.xml (XML) — 4KB
02
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On January 13, 2025, Houston American Energy Corp. (the " Company ") entered into indemnification agreements with its directors and officers (the " Indemnification Agreements "). The Indemnification Agreements supplement the indemnification provisions already contained in the Company's Certificate of Incorporation and Bylaws and generally provides that the Company shall indemnify each officer and director to the fullest extent permitted by applicable law, with any proceeding in which the person is involved by reason of his service as a director or officer of the Company. The Indemnification Agreements require the advancement of defense expenses, on terms and conditions set forth therein, subject to repayment of such expenses by the person in the event such person is ultimately determined, following final disposition of the proceeding, to not be entitled to indemnification. The foregoing summary and description of the provisions of the Indemnification Agreements does not purport to be complete and is qualified in its entirety by reference to the full text of the Indemnification Agreements, a form of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits 10.1 Form of Indemnification Agreement 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
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 AMERICAN ENERGY CORP. Dated: January 15, 2025 By: /s/ Peter Longo Name: Peter Longo Title: Chief Executive Officer