HUSA Approves 1-for-10 Reverse Stock Split to Enhance Market Position | HUSA Stock News

May 28, 2025

Houston American Energy Corporation (HUSA, Financial) has declared that its Board of Directors has sanctioned a 1-for-10 reverse stock split of the company's common shares. This strategic decision is aimed at boosting the per-share market value of HUSA's stock, thereby assisting the company in meeting the New York Stock Exchange American's initial listing criteria. This move is part of the closing arrangements for HUSA’s acquisition of Abundia Global Impact Group, LLC, previously announced by the company.

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