Houston American Energy prices 2.29M shares at $3.50 in offering

Houston American Energy (HUSA) entered into securities purchase agreements with existing and new fundamental institutional investors for the purchase and sale of 2,285,715 shares of common stock at a purchase price of $3.50 per share, pursuant to a registered direct offering, resulting in gross proceeds of approximately $8M, before deducting placement agent commissions and other offering expenses. The closing of the offering is expected to occur on or about November 21, 2025, subject to the satisfaction of customary closing conditions. A.G.P./Alliance Global Partners is acting as the sole placement agent for the offering. Univest Securities is acting as the financial advisor for the offering.