Core Viewpoint - Renewal Fuels, Inc. has denied false reports of a public offering of common stock, confirming that no such announcement or authorization has been made [2][4]. Company Confirmation - The company has not engaged with any investment bank for a public offering and is not pursuing a dilutive capital raise at current market levels [2][5]. - The circulating report mimics an official press release format but is not an authorized communication from the company or GlobeNewswire [3][4]. Management Response - Richard Hawkins, CEO, emphasized that the circulating document is fabricated and does not represent any action taken by the company [4]. - The company is actively reviewing the source of the false report and is taking steps to address the matter [3]. Company Overview - Renewal Fuels, Inc. operates under the American Fusion brand following its merger with Kepler Fusion Technologies, focusing on the development of fusion energy technologies [5]. - The company aims to build a scalable, infrastructure-grade fusion energy platform supported by proprietary technology and long-term commercial deployment objectives [5][6]. Kepler Fusion Technologies - Kepler Fusion Technologies, a wholly owned subsidiary of Renewal Fuels, is developing the Texatron™ aneutronic fusion platform for modular deployment in various applications [6].
Renewal Fuels, Inc. (OTC: RNWF), Operating as American Fusion, Issues Statement Regarding False Online Report of Public Offering
Globenewswire·2026-03-11 15:14