The latest announcement is out from Houston American Energy ( (HUSA) ).
On January 22, 2025, Houston American Energy Corp. entered into a securities purchase agreement to sell 2,600,000 shares of common stock at $1.70 per share, generating approximately $4.42 million in gross proceeds. The offering closed on January 23, 2025, and the net proceeds, estimated at $3,897,200 after fees, will be used for general corporate purposes. Univest Securities, LLC acted as the sole placement agent, receiving 8% of the proceeds as fees.
More about Houston American Energy
YTD Price Performance: 74.26%
Average Trading Volume: 1,032,231
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $31.02M
For detailed information about HUSA stock, go to TipRanks’ Stock Analysis page.