Renewal Fuels, Inc. (OTC: RNWF) Provides Mid-Month Update on Name Change to American Fusion, Audit Progress, and Other Key Updates

Core Viewpoint - Renewal Fuels, Inc. is undergoing a corporate transition, including a name change to American Fusion Inc., to better align with its focus on advanced fusion energy technologies [3][4][12] Name Change - The company filed for a name change to American Fusion Inc. and a new trading symbol with FINRA on January 12, 2026, which is currently under review [4] - Multiple potential trading symbols have been requested, including AFTX, AMFN, or AFEI, but no determination has been made yet [4] Redomiciliation - The company is in the process of redomiciling from Delaware to Texas to align its corporate structure with its operational footprint and long-term strategic objectives [5] Audit and Financials - Significant progress has been made on the PCAOB Financial Statement Audit for 2024 and 2025, with completion targeted for February 2026 [6] - The company has engaged experienced securities counsel to prepare a registration statement for filing with the SEC as part of its public company compliance strategy [6] - A third-party valuation has been completed, and the company is finalizing purchase price accounting in accordance with ASC 805 for its consolidated financial statements [7] Organizational Updates - The company plans to appoint one or two independent directors as part of its governance enhancement efforts [8] - An uplisting to the OTCQB marketplace is being evaluated as an interim step towards a potential future listing on the Texas Stock Exchange [8] Investor Relations - Kepler Fusion Technologies has launched a new corporate website as part of its branding and communications initiatives, with further content and investor materials to be added [9] Future Developments - The company expects to release a technical white paper discussing key aspects of its fusion technology and development roadmap soon [11] - An update on intellectual property activity, including recent or pending patent filings, is anticipated in the coming week [11]