American Fusion, Inc.

American Fusion, Inc. (AMFN) completed its reverse merger with Kepler Fusion Technologies Inc. on February 27, 2026, and subsequently changed its name from Renewal Fuels, Inc. and redomesticated to Texas. For the first quarter of 2026, the company reported a net loss of $(669,750), significantly higher than the $(100,000) loss in the prior year, driven by increased operating expenses. Despite the losses and an accumulated deficit of $9.6 million, the company's cash position improved to $99,594 due to $513,000 in proceeds from prepaid warrants.

American Fusion Inc. announced it secured a Master Prepaid Common Stock Purchase Warrant Agreement, establishing a $3,000,000 financing facility with an institutional investor. As of May 1, 2026, the company has received approximately $793,000 under this facility, with warrants exercisable at a fixed price of $0.05 per share. Concurrently, American Fusion reduced its authorized common shares from 3,000,000,000 to 1,800,000,000, aligning its capital structure with current needs after a previous cancellation of 1.683 billion shares. The company also launched a new website, released an updated investor presentation, and is pursuing a FINRA Rule 15c2-11 quotation and Form 10 registration statement effectiveness to enhance market visibility and reporting status.

American Fusion Inc. (AMFN) announced its first revenue-generating transaction, securing a $58,000 purchase order to supply specialized instrumentation to the Canadian Department of National Defence through a prime contractor. This transaction supports the launch of AMFN's new Government Procurement Services operating segment, separate from its core fusion energy development. Additionally, the company completed its corporate name change from Renewal Fuels, Inc. to American Fusion Inc., domesticated into Texas, and changed its ticker symbol to AMFN.