Renewal Fuels, Inc., operating under the American Fusion brand, has announced the formal closing of its acquisition of Kepler Fusion Technologies Inc., with an effective date of February 27, 2026. This completion provides clarity for purchase price accounting and simplifies the company's ongoing fiscal year 2025 audit, which is nearing finalization. Management stated that finalizing the transaction allows the company to complete acquisition accounting and related disclosures with its independent auditor, supporting progress toward full Securities and Exchange Commission reporting status.
The company is advancing multiple regulatory and corporate milestones concurrently. Its Form 10 registration statement under the Securities Exchange Act of 1934 is substantially complete, and the company is obtaining required EDGAR access codes to file with the SEC, anticipating submission in the near term. The Public Company Accounting Oversight Board audit for fiscal years 2024 and 2025 is also nearing completion, with only one substantive audit item outstanding. These steps are critical for the company's transition to a fully reporting SEC entity, which enhances transparency and could broaden its investor base.
Concurrently, the company is progressing a corporate action with FINRA to transition its legal name to American Fusion Inc. and secure a new trading symbol, with preferences for AFTX, AMFN, or AFEI. This rebranding aligns with its strategic focus following the Kepler acquisition. The company also continues to advance additional patent filings supporting its proprietary Texatron™ fusion energy platform. For more information about the technology, visit www.keplerfusion.com and americanfusionenergy.com.
In a separate legal matter, the company refiled its Motion for Entry of Default Judgment in a pending Washington case on February 27, 2026, with added specificity as requested by the court, and will provide further updates as appropriate. The completion of the Kepler transaction and progress on regulatory fronts represent significant inflection points for American Fusion. Achieving SEC reporting status would subject the company to stricter disclosure requirements, potentially increasing credibility with institutional investors and partners in the competitive fusion energy sector. The advancement of the Texatron™ platform patents underscores its commitment to intellectual property protection, which is vital for securing long-term commercial advantages in the emerging fusion energy market. For ongoing updates, the company's newsroom is available at https://tinyurl.com/rnwfnewsroom.
