AMFN$0.076-8.43%
American Fusion, Inc.
Sector: Electric ServicesIndustry: Engineering & ConstructionCountry: USExchange: OTC
Mkt Cap:$123.05M
Float & O/S:
Inst Own:
DilutionScan read 15 of American Fusion, Inc.'s SEC filings and found 2 warrant series, 6 convertibles and 3 completed offerings on file for AMFN. The latest dilution event on file is an agreed share issuance on Sep 30, 2026. Analysis updated Oct 7, 2026.
Signal8 Summary
AMFN
Pre-revenue fusion developer with tight cash
Snapshot
American Fusion is a pre-revenue company developing fusion energy technology. It has reported zero revenue for the last three years and holds only $3,000 in cash against $384,000 of debt.
What's Happening Right Now
- : Appointed John Gerdin to the Board of Directors as an Independent Director and Strategic Advisor to bolster corporate finance and governance.
- : Filed six new U.S. patent applications covering the Texatron Fusion Engine, bringing the total portfolio to 82 applications as engineering teams prepare for the next testing phase.
- : Completed the initial testing phase of its Texatron Fusion Engine at Texas Tech University, successfully achieving remote ignition and high-voltage operation.
- : Appointed Alec Rossa as Chief Revenue Officer to lead global commercial strategy and partnerships for its planned Power-as-a-Service business model.
- : Received a Certificate for Industrial Radiation Machines from the Texas Department of State Health Services, authorizing testing for all 12 registered Texatron models.