American Fusion (OTC: AMFN) announced it obtained a default judgment from the Superior Court of Washington, King County, ordering the cancellation of 1,683,000,000 shares of common stock deemed improperly issued by prior management, with the court confirming the underlying transactions were never consummated and are void. The company said the action strengthens its capitalization structure ahead of its first quarterly filing as a fully reporting company following the February 2026 merger with Kepler Fusion Technologies, completing a series of governance milestones including a PCAOB audit, Form 10 filing, and corporate name and symbol change as it advances toward exchange listing and commercialization of its fusion platform.
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