Renewal Fuels, Inc. Announces Execution of Transformative Merger with Kepler Fusion Technologies

Core Insights - Renewal Fuels, Inc. has announced a definitive merger with Kepler Fusion Technologies, marking a strategic shift towards advanced energy infrastructure focused on fusion technology [4][8][9] - The merger will result in Kepler becoming a wholly owned subsidiary of Renewal Fuels, with equity holders of Kepler receiving common stock of Renewal Fuels [5][6] - The company plans to rebrand as "American Fusion" to align its identity with its new focus on fusion energy technologies [6][8] Company Transition - The merger represents a fundamental reset for Renewal Fuels, transitioning from its previous business model to a fusion-centric platform [8][9] - Kepler's Texatron platform is designed for continuous, zero-emission baseload electricity, targeting industrial, commercial, and defense applications [7][8] - The combined company aims to pursue scalable deployment opportunities and long-term value creation through a defined commercialization strategy [8][9] Financial and Operational Strategy - The company anticipates a valuation exceeding $300 million following a third-party valuation of Kepler's intellectual property and operating assets [10] - Renewal Fuels is engaging a PCAOB registered audit firm to enhance financial reporting standards and support future capital market initiatives [11] - The company is also exploring uplisting strategies to expand institutional market access post-merger [11] Legal Matters - Renewal Fuels is involved in litigation regarding the return and cancellation of approximately 1,683,000,000 previously issued shares, representing about 59% of its outstanding common stock [12][13] - The company intends to seek court relief to effect the return and cancellation of these shares, which are currently restricted and not eligible for resale [12][13]