Houston American Energy Corp. Announces 2024 Annual Meeting Details

TL;DR

<b>Houston American Energy Corp. will hold its 2024 annual meeting on June 20, 2024, to elect a director, increase authorized shares, and ratify auditor selection.</b>

AI Summary

HOUSTON AMERICAN ENERGY CORP (AGIG) filed a Proxy Statement (DEF 14A) with the SEC on April 23, 2024. Annual meeting scheduled for June 20, 2024, at 10:00 a.m. CDT in Houston, TX. Agenda includes election of one Class B director. Proposal to amend certificate of incorporation to increase authorized common stock to 20,000,000 shares. Ratification of Marcum, LLP as independent registered public accounting firm for fiscal 2024. Advisory vote on compensation of named executive officers.

Why It Matters

For investors and stakeholders tracking HOUSTON AMERICAN ENERGY CORP, this filing contains several important signals. The proposed increase in authorized shares could facilitate future capital raises or stock-based compensation plans. Stockholders will have the opportunity to vote on the company's auditor and executive compensation, impacting corporate governance and financial oversight.

Risk Assessment

Risk Level: — HOUSTON AMERICAN ENERGY CORP shows moderate risk based on this filing. The filing is a routine proxy statement with no immediate financial or operational disclosures that would significantly alter the risk profile.

Analyst Insight

Stockholders should review the proxy materials carefully to understand the implications of the proposed increase in authorized shares and to cast their votes on director elections and other proposals.

Key Numbers

• 2024-06-20 — Annual Meeting Date (2024 annual meeting of stockholders)
• 10:00 — Annual Meeting Time (10:00 a.m. Central Daylight Time)
• 20,000,000 — Authorized Shares (increase our authorized shares of common stock to 20,000,000 shares)

Key Players & Entities

• HOUSTON AMERICAN ENERGY CORP. (company) — Registrant
• STEPHEN HARTZELL (person) — Chairman of the Board
• Marcum, LLP (company) — independent registered public accounting firm
• 20,000,000 (dollar_amount) — authorized shares of common stock

FAQ

Risk Factors

• General Corporate Matters [low — regulatory]: The meeting will cover standard corporate governance items including director elections and amendments to the certificate of incorporation.

Industry Context

Houston American Energy Corp. operates in the crude petroleum and natural gas industry. This filing pertains to standard shareholder meeting procedures.

Regulatory Implications

The filing is made under Section 14(a) of the Securities Exchange Act of 1934, governing proxy solicitations.

What Investors Should Do

1. Review the proxy statement for details on the proposed increase in authorized shares.
2. Vote on the election of the Class B director.
3. Consider the ratification of Marcum, LLP as the independent auditor.

Key Dates

• 2024-06-20: 2024 Annual Meeting of Stockholders — Key date for shareholder voting on corporate matters.

Glossary

Proxy Statement

A document filed with the SEC that contains information that management must provide to shareholders before their annual meeting, or special meeting, at which they will vote on a corporate matter. (Provides essential details for shareholders to make informed voting decisions on company proposals.)

Certificate of Incorporation

The document filed with the state of incorporation that establishes the corporation. (Amendments to this document, such as increasing authorized shares, require shareholder approval.)

Year-Over-Year Comparison

This is a definitive proxy statement (DEF 14A) for the 2024 annual meeting, following the typical structure for such filings.

Key Financial Figures

• $0.001 — f common stock will have a par value of $0.001 per share. We are currently authorized

Filing Documents

• formdef14a.htm (DEF 14A) — 376KB
• formpre14a_001.jpg (GRAPHIC) — 38KB
• formpre14a_002.jpg (GRAPHIC) — 38KB
• 0001493152-24-015599.txt (&nbsp;) — 482KB

Executive Compensation T

Executive Compensation T

View Full Filing

View this DEF 14A filing on SEC EDGAR