Houston American Energy announces 1-for-10 reverse stock split

Houston American announced that its Board of Directors approved a reverse stock split of the Company’s common stock at a ratio of 1-for-10. The reverse stock split is intended to increase the market price per share of the Company’s common stock and help the Company satisfy the initial listing requirements of the New York Stock Exchange American in connection with the closing of HUSA‘s previously announced acquisition of Abundia Global Impact Group, LLC.