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]

Core Viewpoint - Renewal Fuels, Inc. has completed its PCAOB audit for fiscal years 2024 and 2025 and submitted a Form 10 Registration Statement to the SEC, marking a significant step towards becoming a fully reporting public company [1][2][4]. Financial Reporting and Governance - The completion of the PCAOB audit enhances the Company's financial reporting, governance, and disclosure framework, which is essential for its transition to SEC reporting status [2][6]. - The Company ended fiscal year 2025 with total operating expenses of $202,950, reflecting a controlled cost structure while focusing on regulatory milestones and strategic initiatives [7]. Market Strategy and Uplisting Plans - The Company aims to qualify for the OTCQB Venture Market as a preliminary step towards a potential uplisting to a national securities exchange, enhancing accessibility for retail and institutional investors [3][6]. - Management is engaged in discussions with investment banking firms for potential advisory relationships and capital market initiatives to support long-term development and commercialization plans [5][13]. Corporate Structure and Financial Position - As of December 31, 2025, the Company had total outstanding debt of approximately $1,203,400, with no new convertible or dilutive debt instruments incurred during the audit period [10][8]. - The Company has accumulated net operating losses of approximately $20 million, which may offset future taxable income [11]. Litigation and Corporate Governance - The Company is addressing ongoing litigation matters, including a scheduled proceeding related to share issuances and a separate action in Delaware concerning corporate control and governance [14][15]. - Management believes that maintaining a disciplined approach to corporate governance and financial stewardship is crucial for protecting shareholder value [12][13]. Company Overview - Renewal Fuels, Inc. focuses on developing and commercializing fusion energy technologies through its subsidiary, Kepler Fusion Technologies, and is in the process of changing its legal name to American Fusion Inc. [16][17].

Summary of Key Points from the Conference Call Industry Focus - **Industry**: Japan's strategic fields with emphasis on **AI robots** and **semiconductors** [5][6] Core Insights and Arguments 1. **Government Support for Strategic Fields**: The Japanese government has released draft roadmaps for 17 strategic fields, prioritizing products and technologies that will receive multi-year budget allocations. This is expected to significantly impact the Japanese equity market [5][6] 2. **Demographic Challenges**: Japan is facing a demographic-driven structural labor shortage, making the deployment of Physical AI, particularly AI robotics, economically and strategically critical [8][9] 3. **Investment in Domestic Semiconductor Industry**: The revival of the domestic semiconductor industry is highlighted as a key focus area, with Japan aiming to establish itself as a "third pole" in the global semiconductor market alongside the US and China, targeting over 30% market share by 2040 [16] 4. **Projected Market Growth**: The global semiconductor market is expected to grow to approximately ¥140 trillion by 2030 and around ¥190 trillion by 2035, with cumulative investment demand in AI infrastructure projected to reach ¥3,000 trillion by 2040 [16][21] 5. **Public-Private Investment Strategy**: The government emphasizes the need for large-scale, long-term fiscal spending linked to economic security, particularly in semiconductors [11][12] 6. **Cross-Sectoral Reforms**: The government aims to address structural bottlenecks in areas such as education and labor markets, which are critical for advancing reforms identified in the growth strategy [12] Additional Important Content 1. **Technological Strengths**: Japan possesses strengths in materials technologies essential for AI and commercialization, which could enhance productivity growth despite demographic challenges [8][9] 2. **Investment Targets**: Japan aims for domestic production sales of advanced semiconductors to reach ¥15 trillion by 2030 and ¥40 trillion by 2040, alongside strengthening design and development capabilities [16] 3. **Sector-Specific Goals**: Various sectors, including digital and cybersecurity, quantum computing, and defense, have specific targets for market capture and technological advancements [17][20][24] 4. **Disaster Prevention and National Resilience**: The government plans to promote disaster-prevention technologies and aims to increase overseas sales in this field significantly by 2030 [49] This summary encapsulates the critical insights and projections from the conference call regarding Japan's strategic focus on AI and semiconductors, highlighting the government's proactive approach to addressing demographic challenges and fostering technological innovation.

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].

Core Insights - Renewal Fuels, Inc. has appointed Sebastian E. Hoyos as Chief Revenue Officer to lead the commercial strategy for the Texatron fusion energy platform [1][4] - Hoyos brings over 15 years of experience in structuring energy transactions and developing long-term energy agreements [2][3] - The company aims to shift focus towards product development and commercial strategy following the completion of administrative groundwork [4][6] Company Overview - Renewal Fuels, Inc. operates under the brand American Fusion and is focused on the development and commercialization of fusion energy technologies through its subsidiary, Kepler Fusion Technologies [7][8] - The company has filed for a name change to American Fusion Inc. and is working on building a scalable fusion energy platform supported by proprietary technology [8] Technology and Development - Kepler Fusion Technologies is developing the Texatron™ aneutronic fusion platform, designed for modular and infrastructure-grade deployment [9] - The development strategy emphasizes system-level engineering and scalable architectures for long-term commercial operation [9] Leadership and Strategy - Richard Hawkins, CEO of Renewal Fuels, highlighted the importance of Hoyos' experience in negotiating power purchase agreements as the company seeks revenue-generating opportunities [4][6] - Hoyos expressed excitement about joining the company at a pivotal moment, emphasizing the transformative potential of fusion energy [6]

SOUTHLAKE, Texas, March 09, 2026 (GLOBE NEWSWIRE) -- Renewal Fuels, Inc. (OTC: RNWF) (“RNWF”, “American Fusion” or the “Company”), today announced the appointment of Andrew S. Mikulski as an independent member of the Company’s Board of Directors and provided an update regarding additional patent filings supporting the Texatron™ fusion platform being developed by its subsidiary, Kepler Fusion Technologies. Independent Director Appointment The Company announced that Andrew S. Mikulski has been appointed to se ...

Core Insights - The article emphasizes the strategic importance of domestic fusion energy development in light of escalating U.S.–Iran conflict and its implications for U.S. energy security [1][10][16] Geopolitical Context - Recent military escalations in the Middle East have raised concerns about potential disruptions in oil shipping through the Strait of Hormuz, a critical passage for global oil supply, with approximately 20 million barrels of oil transiting daily in 2024 [5][6] - A prolonged disruption could lead to significant volatility in global energy markets, including increased oil prices and recession risks for major importing economies [6][7] Energy Security and Domestic Alternatives - The current geopolitical situation highlights the structural vulnerabilities of fossil fuel-dependent economies, reinforcing the need for domestically sourced, non-intermittent clean energy technologies like fusion [7][9] - The fusion energy sector has seen over $10 billion in cumulative investment, with a growing focus on commercialization and deployment in the coming decade [8][10] Fusion Energy Advantages - Fusion energy offers continuous, weather-independent baseload power generation with zero greenhouse gas emissions, contrasting with the intermittent nature of solar and wind energy [9] - The ongoing geopolitical instability underscores the inadequacy of existing bypass pipeline capacity and strategic petroleum reserves to fully mitigate major supply interruptions [9] Company Developments - Renewal Fuels, Inc. is advancing its Texatron™ aneutronic fusion platform through its subsidiary, Kepler Fusion Technologies, amid heightened energy security concerns [10][18] - Recent milestones include the closing of a significant transaction with Kepler Fusion Technologies, expansion of the patent portfolio with 20 filed applications, and progress on regulatory filings [12][13][14] Leadership and Strategic Focus - The company has strengthened its leadership team with key appointments to enhance operational readiness and governance as it approaches full SEC reporting status [15] - The CEO emphasizes the need for energy systems that are resilient to geopolitical disruptions, positioning fusion energy as a credible long-term solution for energy resilience [17]

Core Insights - Renewal Fuels, Inc. has successfully closed its transaction with Kepler Fusion Technologies, satisfying all closing conditions as of February 27, 2026 [1][2] Group 1: Transaction Details - The final contractual condition was completed, establishing a definitive closing date for accounting purposes, which aids in purchase price accounting treatment and simplifies the year-end audit for fiscal year 2025 [2] - The completion of the transaction allows the company to finalize acquisition accounting and related disclosures, supporting progress toward full SEC reporting status [3] Group 2: Regulatory and Corporate Actions - The company has refiled its Motion for Entry of Default Judgment in a pending Washington matter, providing additional specificity as requested by the court [3] - The company is preparing its Form 10 registration statement under the Securities Exchange Act of 1934, which is substantially complete, and is in the process of obtaining EDGAR access codes for filing with the SEC [4] Group 3: Company Strategy and Operations - Renewal Fuels, Inc. operates under the American Fusion brand following its merger with Kepler Fusion Technologies, focusing on developing and commercializing fusion energy technologies [5] - The company aims to build a scalable, infrastructure-grade fusion energy platform supported by proprietary technology and disciplined intellectual property development [5][6]

Core Insights - Renewal Fuels, Inc. has provided an update on its intellectual property related to the Texatron™ fusion platform and its proprietary reactor architecture [1] Patent Applications - The Company has filed 20 patent applications with the United States Patent and Trademark Office (USPTO) covering essential design elements of the Texatron™ system [2] - Currently, one application is in active prosecution, three priority applications are expected to begin examination in mid-2026, and the remaining filings are progressing through the review process [3] Future Developments - Approximately 240 additional patent applications are being developed, which will lead to a total of around 260 applications covering reactor architecture, fuel cycle optimization, and system integration [4] Intellectual Property Strategy - The patent strategy aims to establish layered protections across core reactor architecture and fuel cycle optimization, aligning with long-term commercialization objectives [5] - The strategy is structured in phases, prioritizing core architectural protections while ensuring alignment with the platform's development roadmap [6] Texatron™ Platform Features - The Texatron™ platform utilizes an aneutronic fusion pathway with Helium-3 and Deuterium, significantly reducing neutron radiation compared to traditional fusion concepts [6] - Key differentiators include a compact modular design suitable for scalable deployment and innovative interior geometry for optimized fuel dynamics [7][9] Company Overview - Renewal Fuels, Inc. operates under the American Fusion brand following its merger with Kepler Fusion Technologies, focusing on the commercialization of fusion energy technologies [10] - Kepler Fusion Technologies emphasizes modular, infrastructure-grade deployment for various applications, supported by disciplined intellectual property protection [11]

Core Viewpoint - Renewal Fuels, Inc. (OTC: RNWF), operating as American Fusion, provides an update on its legal matters in Washington State, specifically regarding a civil action in King County Superior Court [1]. Legal Proceedings - The Court dismissed all claims against Justin Costello, leading to the striking of his Emergency Motion for Stay of All Proceedings [2]. - The Company's Motion for Entry of Default Judgment against remaining corporate defendants was also struck on procedural grounds related to citation formatting [2][4]. - Defaults against the corporate defendants remain in place, and the Court did not question service, default, rescission, or the evidentiary record [4]. Company Actions - The underlying action seeks rescission of two 2021 asset purchase agreements and cancellation of approximately 1,683,000,000 shares issued in connection with those transactions, which the Company claims were issued without consideration [5]. - The Company is in the process of refiling a corrected motion to comply with the Court's procedural directives, which is seen as the last material item needed to effect the corporate action with FINRA for a name change and voluntary symbol change [6]. Company Overview - Renewal Fuels, Inc. is focused on developing and commercializing fusion energy technologies through its subsidiary, Kepler Fusion Technologies, and is in the process of changing its legal name to American Fusion Inc. [7]. - Kepler Fusion Technologies is developing the Texatron™ aneutronic fusion platform, emphasizing modular, infrastructure-grade deployment for various applications [8].