Renewal Fuels (OTC: RNWF) announced that all closing conditions related to its previously disclosed transaction with Kepler Fusion Technologies Inc. have been satisfied, formally closing the transaction effective Feb. 27, 2026, for accounting purposes. The definitive closing date supports purchase price accounting clarity and simplifies the Company’s fiscal 2025 year-end audit, which is nearing completion. Management said the completion enables finalization of acquisition accounting and related disclosures as the Company progresses toward full SEC reporting status. Separately, Renewal Fuels refiled its Motion for Entry of Default Judgment in a pending Washington matter with additional specificity requested by the court. The Company also continues advancing patent filings tied to its Texatron(TM) platform, preparing its substantially complete Form 10 registration statement under the Securities Exchange Act of 1934, securing EDGAR access codes for near-term filing, progressing a nearly complete PCAOB audit for fiscal years 2024 and 2025, and pursuing a FINRA corporate action related to its transition to American Fusion, including preferred trading symbols AFTX, AMFN or AFEI, subject to regulatory review.
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