Core Viewpoint - Houston American Energy Corp. (HUSA) has successfully obtained shareholder approval for the acquisition of Abundia Global Impact Group (AGIG), with over 90% of votes in favor, marking a strategic move to diversify its portfolio and enhance its presence in the renewable energy sector [2][3]. Group 1: Acquisition Details - The acquisition of AGIG, a company focused on converting waste into high-value fuels and chemicals, is expected to close by the end of the second quarter of 2025 [3][4]. - HUSA's CEO, Peter Longo, emphasized that this acquisition positions the company within the multi-billion-dollar renewable energy market and provides a platform for future value generation [4]. Group 2: Company and AGIG Overview - HUSA is an independent oil and gas company primarily engaged in the development, exploration, acquisition, and production of natural gas and crude oil, with significant operations in the U.S. Permian Basin and the Louisiana U.S. Gulf Coast region [5]. - AGIG aims to facilitate a decarbonized future by converting plastic and certified biomass waste into renewable fuels and chemicals, with plans to build its first advanced plastic recycling facility in Cedar Port, Texas [6].