Renewal Fuels, Inc. (OTC: RNWF), Operating as American Fusion, Provides Regulatory and Legal Update

Legal Update - The Delaware Court of Chancery denied motions from a plaintiff regarding the Company's Series 2020 Super Voting Preferred Share, ruling that the plaintiff did not establish a valid claim to ownership and failed to show imminent harm [3][4] - The Company opposed the plaintiff's request for expedited proceedings and plans to file a motion to dismiss the complaint within thirty days [5] - The Company is also pursuing litigation in Washington State concerning the return of shares issued without consideration, with a ruling from the Washington Superior Court pending [6][7] Regulatory Update - The Company submitted a Registration Statement on Form 10 to the U.S. Securities and Exchange Commission on March 12, 2026, and subsequently identified and corrected clerical and presentation issues [8] - A request to withdraw the initial filing was accepted, and a corrected Registration Statement has been refiled under Section 12(g) of the Securities Exchange Act of 1934 [9] - Amendments were made to ensure internal consistency within financial statements, but these corrections did not alter previously reported financial metrics [10] Company Overview - Renewal Fuels, Inc. (OTC: RNWF) is focused on developing and commercializing fusion energy technologies through its subsidiary, Kepler Fusion Technologies, and is transitioning to operate under the American Fusion brand [12] - The Company's strategy emphasizes building a scalable fusion energy platform supported by proprietary technology and long-term commercial objectives [12] - Kepler Fusion Technologies is developing the Texatron™ aneutronic fusion platform, aimed at modular deployment for various applications [14]