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.
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