American Fusion (OTC: AMFN), a developer of advanced fusion-energy technology, provided a corporate update highlighting the filing of 21 additional U.S. patent applications, bringing its intellectual property portfolio to 151 pending U.S. patent applications. The company continues testing and engineering validation of its Texatron(TM) Fusion Engine(TM) and has identified a site for a dedicated testing facility, negotiated principal terms and a purchase price and expects to enter escrow on the property through its affiliate.
American Fusion (OTCQB: AMFN) is also advancing preparations for a potential uplisting to a national securities exchange, with the Texas Stock Exchange (“TXSE”) under evaluation as its preferred potential venue and the New York Stock Exchange (“NYSE”) and Nasdaq also being considered. The company said it believes it currently satisfies TXSE initial listing criteria other than the minimum bid-price requirement and may be eligible under its $200 million market-capitalization standard based on its current valuation. American Fusion has also received several financing term sheets contemplating potential capital in connection with an uplisting and additional funding to accelerate commercialization of the Texatron(TM) platform, although no definitive financing agreement has been executed.
To view the full press release, visit https://ibn.fm/2UIJa
About American Fusion Inc.
American Fusion Inc. (OTC: AMFN) is an advanced energy platform company focused on the development and commercialization of next-generation fusion energy technologies. The Company is advancing the Texatron(TM) Fusion Engine(TM), a neutronic fusion platform, designed for modular, infrastructure-grade deployment across industrial, commercial, and grid-constrained applications.
The Company’s development strategy emphasizes system-level engineering, disciplined intellectual property protection, and scalable architectures intended to support long-term commercial operation, while maintaining a focus on capital discipline and transparent corporate governance.
NOTE TO INVESTORS: The latest news and updates relating to AMFN are available in the company’s newsroom at http://ibn.fm/AMFN
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