American Fusion (AMFN) Stock Price, News & Analysis
Why is AMFN Stock Down Today?
Company Description
American Fusion Inc. develops fusion energy technologies and operates as an OTC-traded public company under the symbol AMFN. The company is organized around its core fusion energy development activities, including the Texatron platform and a 5MW pre-production unit intended for integrated system assembly and controlled testing readiness.
The Texatron development program centers on the integration of major system components into a pre-production physical platform. Company updates identify structural fabrication, wiring infrastructure, control systems, diagnostics, shielding elements, security features, support systems, and testing-related equipment as parts of the platform's development and verification process. American Fusion conducts its core fusion development activities through Kepler Fusion Technologies and describes the Texatron platform as the central focus of those activities.
American Fusion also has a Government Procurement Services operating segment that is separate from, and complementary to, its fusion energy development work. This segment supports government and institutional procurement activity, including source-of-supply vendor functions for specialized OEM instrumentation. The company has described this segment as an ancillary business line alongside its advanced energy technology platform.
The company is incorporated in Texas and is headquartered in Southlake, Texas. American Fusion was formerly known as Renewal energy products, Inc. The company changed its corporate name to American Fusion Inc., completed its domestication into Texas, and received FINRA processing for the related symbol change to AMFN in 2026. Its public disclosures also address capital structure matters, including authorized-share changes, common-share cancellations, prepaid warrant financing, governance matters, and operating updates tied to technology development and working capital.
Stock Performance
American Fusion (AMFN) stock last closed at $0.1285. At a market capitalization of $208.0M, AMFN is classified as a micro-cap stock with approximately 2.9B shares outstanding.
Latest News
American Fusion has 10 recent news articles, with the latest published today. Of the recent coverage, 5 articles coincided with positive price movement and 4 with negative movement. Key topics include management. View all AMFN news →
SEC Filings
American Fusion has filed 5 recent SEC filings, including 3 Form 3, 1 Form 8-K, 1 Form 10-Q. The most recent filing was submitted on August 13, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all AMFN SEC filings →
Financial Highlights
Upcoming Events
Certificate expiration
Registration Expiration
American Fusion has 2 upcoming scheduled events. The next event, "Certificate expiration", is scheduled for February 28, 2034 (in 2736 days). Investors can track these dates to stay informed about potential catalysts that may affect the AMFN stock price.
Short Interest History
Short interest in American Fusion (AMFN) currently stands at 79.1 thousand shares, down 29.6% from the previous reporting period, representing 0.0% of the shares outstanding. Since March 2026, short interest has decreased by 74.6%.
Days to Cover History
Days to cover for American Fusion (AMFN) currently stands at 1.0 days. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed.
AMFN Company Profile & Sector Positioning
American Fusion (AMFN) operates in the Specialty Chemicals industry within the broader Basic Materials sector and is listed on the OTC Link.
American Fusion (OTCQB: AMFN) announced that Harbinger Research has published an updated equity research report titled “Advancing Modular Fusion Power Toward Commercial Validation,” reviewing the company’s progress since January 2026. The report analyzes the Texatron™ Fusion Engine™ technology, testing program, IP portfolio, commercial strategy, capital structure, and competitive landscape.
According to American Fusion, Harbinger highlights the company’s transition from prototype development to active Texatron™ testing, including completion of a 5 MW pre-production unit and the start of formal testing at Texas Tech University. The report notes expansion to 100 pending U.S. patent applications, development of the scientific and engineering organization, achievement of SEC-reporting status, advancement to the OTCQB Venture Market, and restructuring of legacy capitalization. Harbinger also outlines potential future catalysts such as additional testing results, evidence of D–³He fusion, quantitative performance data, commercial agreements, financing, and progress toward a national-exchange listing. American Fusion paid Harbinger $7,500 for preparing and distributing the report.