Abundia Global Impact Group, Inc.

Corporate structure and timeline

• On July 1, 2025, AGIG, a Delaware corporation, completed a reverse acquisition of Abundia Global Impact Group LLC (AGIG LLC). AGIG is the surviving entity, and the historical financial statements of the accounting acquirer (AGIG) became the historical consolidated financial statements of the company.
• Post-transaction, AGIG primarily operates through AGIG LLC as a low-carbon energy solutions company. Legacy oil and gas assets remain in operation as a separate, non-material operating segment.

Core business focus

• Low-carbon energy solutions company focused on development and commercialization of renewable fuels and hydrocarbon products derived from waste plastics and biomass feedstocks.
• Business model centers on licensed and proprietary processes to convert waste materials into refinery-compatible hydrocarbon products.

Technology platforms

• Waste plastics: Licensed continuous pyrolysis technologies convert mixed plastic waste into refinery-grade intermediate products.
• Biomass: Licensed fast pyrolysis technologies convert biomass into bio-oil suitable for upgrading.
• Upgrading: Intermediates are upgraded via hydrotreating and related processes using a mix of internally developed and licensed technologies.
• Development stage: Pre-commercial, with ongoing pilot-scale testing and product validation prior to full commercial deployment.

Facilities and site development

• Cedar Port Renewable Energy Complex (Baytown, Texas)
  • On July 11, 2025, AGIG purchased a 25-acre site within the Cedar Port Industrial Park for approximately $8.6 million to serve as the primary development and operational hub.
  • Site is planned for plastics-to-fuels and chemicals production capacity plus an innovation and technology development center.
  • Location offers access to marine, rail, pipeline, and roadway infrastructure.
  • Additional construction, permitting, and capital investments are expected before commencing commercial operations.
• Office footprint
  • Leases approximately 1,400 square feet of office space in Houston, Texas (lease expires February 28, 2031) with an average monthly rent of about $3,800.

Products, customers, and markets

• Planned product portfolio:
  • Renewable diesel (including ultra-low sulfur diesel) and low-carbon marine fuels
  • Sustainable aviation fuel (SAF)
  • Renewable naphtha and other chemical feedstocks
• Products are intended to be drop-in compatible with existing fuels and chemical infrastructure, subject to regulatory and product qualification requirements.
• Marketing and customers:
  • As of December 31, 2025, Europe-based contractual agreements existed for selling crude pyrolysis oil derived from plastics from AGIG’s first planned site in Europe.
  • Target customers include fuel distributors, refiners, airlines, marine fuel customers, and chemical manufacturers.
• Revenue status:
  • Gas and oil production to date has been sold on a spot basis; there are no long-term contracts for that production.
  • Legacy oil and gas assets generate some revenue but are not material to ongoing operations.

Financial position and financing

• Capital raising and indebtedness:
  • July 10, 2025: Entered into an equity facility (ELOC) with an institutional investor for up to $100 million over 24 months; as of December 31, 2025, 868,000 shares were issued under this facility for gross proceeds of $2,569,097.
  • July 10, 2025: Entered into a senior secured convertible note financing for $5,434,783; convertible at $10.92 per share; the note was assigned to the Note Investor on November 12, 2025 and has not been converted.
• Operating results and status:
  • Development-stage company with ongoing operating losses and capital expenditures.
  • Net losses: $29,460,935 for the year ended December 31, 2025; $3,621,948 for the year ended December 31, 2024.
• Outlook:
  • The company expects to incur further operating losses and capital expenditures as development proceeds.
  • Future profitability depends on successful development, commercialization, facility completion, regulatory approvals, feedstock availability, and customer demand.

Public company status and governance

• Listed on the NYSE American and operates as a smaller reporting company.
• AGIG is a controlled company via Abundia Financial, LLC, which holds a majority of voting power.
• Certificate and bylaws include a forum selection provision (Delaware Court of Chancery) for certain disputes and exclusive federal jurisdiction for certain securities claims.
• The company identified material weaknesses in internal controls over financial reporting and filed a restatement in its Q3 2025 interim statements.

Human capital

• As of December 31, 2025, AGIG employed two full-time employees and no part-time employees.

Development status and outlook

• The company remains in the development stage with no sustained commercial-scale production as of December 31, 2025.
• Key development activities include site development at Cedar Port, licensing and service agreements, engineering and permitting for an initial waste plastics-to-fuels and chemicals facility, and ongoing pilot testing.
• Management expects ongoing losses and capital expenditures as development continues and states there is no assurance of achieving commercial production or profitability.