Houston American Energy Corp. Announces $4.42 Mln Registered Direct Offering Of Shares, Stock Down
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Houston American Energy Corp. (HUSA) announced a registered direct offering of 2.6 million shares at $1.70 each, aiming to raise approximately $4.42 million for strategic initiatives and operational growth. The transaction is set to close around January 23. Following the announcement, HUSA's stock fell 20.72% to $1.88 on the Nasdaq.
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