American Fusion Inc. (OTC: AMFN) announced 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 expected to strengthen the company's capitalization structure as it prepares for its first quarterly filing as a fully reporting company following the February 2026 merger with Kepler Fusion Technologies.
The cancellation marks a significant governance milestone for American Fusion, which has completed a series of steps including a PCAOB audit, Form 10 filing, and corporate name and symbol change. The company is now advancing toward an exchange listing and commercialization of its fusion platform. By eliminating improperly issued shares, American Fusion aims to provide a cleaner capital structure for investors and position itself for growth in the competitive fusion energy sector.
American Fusion Inc. is an advanced energy platform company focused on the development and commercialization of fusion energy technologies through its wholly owned subsidiary, Kepler Fusion Technologies. Following the merger, the company has rebranded under the American Fusion name and is pursuing a scalable, infrastructure-grade fusion energy platform supported by proprietary technology and disciplined intellectual property development.
Kepler Fusion Technologies is developing the Texatron™ aneutronic fusion platform, designed for modular, infrastructure-grade deployment in industrial, commercial, and grid-constrained applications. The company’s strategy emphasizes system-level engineering, intellectual property protection, and scalable architectures for long-term commercial operation. For more information about American Fusion and its technology, visit americanfusionenergy.com and www.keplerfusion.com.
The court order is a key step in cleaning up the company's equity structure, which is crucial for attracting institutional investors and meeting exchange listing requirements. American Fusion’s progress toward becoming a fully reporting company with audited financials enhances transparency and credibility. The cancellation of improperly issued shares reduces potential dilution and clarifies the company's outstanding share count, which is often a concern for investors in the OTC markets.
As American Fusion moves forward with its commercialization plans, the strengthened capital structure and governance milestones position it to compete in the emerging fusion energy industry. The company aims to leverage Kepler's Texatron technology to provide clean, abundant energy, addressing global energy challenges. With the court order in place, American Fusion can focus on advancing its fusion platform and pursuing its long-term commercial deployment objectives.
