American Fusion Inc. (OTC: AMFN) announced that it has secured a default judgment from the Superior Court of Washington, King County, ordering the cancellation of 1,683,000,000 shares of common stock that were deemed improperly issued by prior management. The court confirmed that the underlying transactions were never consummated and are void. This action is a critical step for the company as it works to strengthen its capitalization structure following its merger with Kepler Fusion Technologies in February 2026.
The cancellation of these shares is part of a series of governance milestones that American Fusion has completed as it transitions into a fully reporting company. These milestones include a PCAOB audit, a Form 10 filing, and a corporate name and symbol change. The company is now advancing toward an exchange listing and the commercialization of its fusion platform.
American Fusion is focused on the development and commercialization of fusion energy technologies through its wholly owned subsidiary, Kepler Fusion Technologies. The company's strategy is centered on building a scalable, infrastructure-grade fusion energy platform supported by proprietary technology, disciplined intellectual property development, and long-term commercial deployment objectives.
Kepler Fusion Technologies is developing the Texatron(TM) aneutronic fusion platform, designed to support modular, infrastructure-grade deployment for industrial, commercial, and grid-constrained applications. The company's development strategy emphasizes system-level engineering, disciplined intellectual property protection, and scalable architectures intended to support long-term commercial operation.
The recent court order is a significant legal victory for American Fusion, as it clears the company of potential liabilities associated with the improperly issued shares. This move is expected to enhance investor confidence and pave the way for the company's future growth and listing on a major exchange.
For more information about American Fusion, visit americanfusionenergy.com. For more information about Kepler Fusion Technologies and its Texatron(TM) platform, visit www.keplerfusion.com.
NOTE TO INVESTORS: The latest news and updates relating to AMFN are available in the company’s newsroom at http://ibn.fm/AMFN.
