Renewal Fuels, Inc., operating under the American Fusion brand, announced the formal closing of its transaction with Kepler Fusion Technologies Inc., with an effective date of February 27, 2026. This milestone provides clarity for accounting purposes and supports the completion of the company's fiscal year 2025 audit, which is currently in its final stages. Management stated that finalizing the acquisition allows the company to coordinate with its independent auditor on related disclosures, aiding progress toward achieving full SEC reporting status.
The company continues to advance additional patent filings for its Texatron™ fusion platform. Concurrently, it is focused on key regulatory initiatives, including the preparation of its Form 10 registration statement under the Securities Exchange Act of 1934, which is substantially complete. The company is obtaining required EDGAR access codes to file the Form 10 with the SEC and anticipates filing in the near term. The PCAOB audit for fiscal years 2024 and 2025 is also nearing completion, with only one substantive audit item remaining before finalization.
Separately, the company confirmed it refiled its Motion for Entry of Default Judgment in a pending Washington matter on February 27, 2026, with additional specificity as requested by the court. It will provide further updates as appropriate.
The company is progressing a corporate action with FINRA related to transitioning to the American Fusion name and requesting potential new trading symbols, including preferences for AFTX, AMFN, or AFEI. This process is pending FINRA's review and assignment. For more information about Kepler Fusion Technologies and its Texatron™ platform, please visit https://www.keplerfusion.com and https://americanfusionenergy.com. The latest news and updates relating to the company are available in its newsroom at https://tinyurl.com/rnwfnewsroom.
The completion of the Kepler transaction and the advancement of SEC registration, audit finalization, and FINRA name change processes represent critical steps for American Fusion. These actions collectively move the company toward enhanced regulatory compliance, greater financial transparency for investors, and a clearer corporate identity focused on its fusion energy technology platform. The progress indicates the company's systematic approach to building the infrastructure required for a publicly reporting entity in the advanced energy sector.
