Tuesday, 02 January 2024 12:17 GMT

Investornewsbreaks American Fusion Inc. (OTC: AMFN) Reduces Authorized Shares And Provides Financing Update


(MENAFN- Investor Brand Network) American Fusion (OTC: AMFN) announced it has reduced its authorized common shares from 3.0 billion to 1.8 billion following the cancellation of approximately 1.683 billion shares, resulting in about 1.316 billion shares outstanding, as part of efforts to align its capital structure with current needs. The company also reported receiving approximately $793,000 in year-to-date financing under a fixed-price prepaid warrant structure as part of a broader $3 million commitment, with proceeds supporting corporate operations, technology development and commercialization initiatives.

To view the full press release, visit

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) aneutronic 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

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