American Fusion Inc. (OTC: AMFN) announced it has obtained 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 strengthens 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 of these shares marks a significant governance milestone for American Fusion. The company has completed a series of steps including a PCAOB audit, Form 10 filing, and corporate name and symbol change as it advances toward exchange listing and commercialization of its fusion platform. The court order eliminates a substantial overhang of shares that were not validly issued, thereby clarifying the company's equity structure for investors.
According to the press release, 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. For more information about American Fusion, visit americanfusionenergy.com.
American Fusion operates through its wholly owned subsidiary, Kepler Fusion Technologies, which is developing the Texatron(TM) aneutronic fusion platform. Kepler's technology is 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. More details about Kepler Fusion Technologies and its Texatron platform can be found at www.keplerfusion.com.
This court order represents a crucial step in cleaning up the company's capital structure, which is often a concern for investors in small-cap and micro-cap companies. By removing improperly issued shares, American Fusion aims to present a cleaner equity story as it moves toward becoming a fully reporting company and eventually listing on a national exchange. The merger with Kepler Fusion Technologies positions the company to focus on commercializing fusion energy, a sector that has attracted significant interest for its potential to provide clean, virtually limitless power.
Investors seeking the latest news and updates relating to AMFN can find them in the company's newsroom at http://ibn.fm/AMFN. The full press release regarding the court order is available at https://ibn.fm/1p0hW.
