Current Report Filing (8-k)
February 07 2017 - 5:20PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date
of report (Date of earliest event reported): February 6, 2017
HOUSTON
AMERICAN ENERGY CORP.
(Exact
name of registrant as specified in Charter)
Delaware
|
|
1-32955
|
|
76-0675953
|
(State
or other jurisdiction of
incorporation or organization)
|
|
(Commission
File No.)
|
|
(IRS
Employer
Identification No.)
|
801
Travis St., Suite 1425
Houston, Texas 77002
(Address
of Principal Executive Offices)(Zip Code)
713-222-6966
(Issuer
Telephone number)
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant
under any of the following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item
3.01.
|
Notice
of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
|
On
February 6, 2017, Houston American Energy Corp. (the “Company”) received notification (the “Deficiency Letter”)
from the NYSE MKT LLC that it continues to be in non-compliance with certain NYSE MKT continued listing standards relating to
stockholders’ equity and stock price. Specifically, the Company is not in compliance with Section 1003(a)(iii) of the NYSE
MKT Company Guide (requiring stockholders’ equity of $6.0 million or more if it has reported losses from continuing operations
and/or net losses in its five most recent fiscal years) and Section 1003(f)(v) (regarding the sale of a listed company’s
stock at a low price per share for a substantial period of time).
Pursuant
to the Deficiency Letter, NYSE Regulation has granted to the Company an extension to the cure period with respect to its stock
price through February 28, 2017. If the Company is not in compliance with the continued listing standards by February 28, 2017,
or if it does not make progress consistent with its plan to regain compliance in the interim, the NYSE Regulation staff may initiate
delisting proceedings as appropriate.
The
Company issued a press release on February 7, 2017, announcing that it had received the Deficiency Letter. A copy of the press
release is attached to this Current Report on Form 8-K as Exhibit 99.1.
Item
9.01.
|
Financial
Statements and Exhibits.
|
(d) Exhibits
|
99.1
|
Press
release, dated February 7, 2017, regarding NYSE MKT notice of non-compliance
|
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf
by the undersigned hereunto duly authorized.
|
HOUSTON AMERICAN ENERGY CORP.
|
Dated:
February 7, 2017
|
|
|
|
|
|
|
By:
|
/s/
John P. Boylan
|
|
|
John
P. Boylan, President
|
Houston American Energy (AMEX:HUSA)
Historical Stock Chart
From Mar 2024 to Apr 2024
Houston American Energy (AMEX:HUSA)
Historical Stock Chart
From Apr 2023 to Apr 2024