Houston American Energy falls after debt restructuring deal

Abundia Global Impact,

12/11/2025 19:25

** Shares of renewable energy company Houston American Energy  HUSA.N dip 2.4% at $5.24

** Company says that a majority of the senior secured convertible note originally used to finance the purchase of its Cedar Port property has been acquired by Bower Family Holdings (BFH)

** In connection with acquisition, BFH agrees not to convert any portion of the outstanding principal or accrued and unpaid interest, HUSA adds

** "This restructuring enhances our balance sheet, simplifies our capital structure, and enables us to pursue long-term growth with the support of an aligned and engaged shareholder base" says HUSA CEO Ed Gillespie

** Including session's moves, HUSA down 58.2% YTD

 (Reporting by Dharna Bafna in Bengaluru)

 ((Dharna.bafna@thomsonreuters.com))