American Fusion Completes Kepler Acquisition and Advances Toward SEC Reporting Status

Renewal Fuels, Inc., operating as American Fusion, 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 purchase price accounting and simplifies the company's year-end audit for fiscal year 2025, which is currently nearing completion. Management indicated that completing the transaction allows the company to finalize acquisition accounting and related disclosures with its independent auditor, supporting continued progress toward full SEC reporting status.

The company continues to advance additional patent filings supporting the Texatron™ platform and remains focused on regulatory initiatives, including preparation of its Form 10 registration statement under the Securities Exchange Act of 1934, which is substantially complete. The company is in the process of 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 nearing completion, with only a single substantive audit item outstanding prior to finalization.

Separately, the company confirmed that it refiled its Motion for Entry of Default Judgment in the pending Washington matter on February 27, 2026, with additional specificity as requested by the court. The company will provide further updates as appropriate. The company is also progressing its corporate action with FINRA related to its transition to American Fusion and requests for multiple potential trading symbols, including preferences for AFTX, AMFN, or AFEI, pending completion of FINRA's review and assignment process.

This announcement matters because it represents significant progress toward regulatory compliance and corporate restructuring for a company operating in the advanced energy sector. The completion of the Kepler acquisition and advancement of SEC registration processes could enhance the company's credibility with investors and regulatory bodies. The near-completion of the PCAOB audit and Form 10 preparation suggests the company is moving toward greater financial transparency and potentially broader market access. For more information about Kepler Fusion Technologies and its Texatron™ platform, please visit www.keplerfusion.com and americanfusionenergy.com.