American Fusion (AMFN) CEO Hawkins discloses 120M-share, 8.59% stake
Rhea-AI Filing Summary
American Fusion, Inc. insider Richard C. Hawkins filed a Schedule 13D reporting a significant personal stake in the company. As of May 15, 2026, he beneficially owned 120,000,000 shares of common stock, representing about 8.59% of the outstanding shares based on 1,396,801,029 shares outstanding.
Hawkins, who serves as Chief Executive Officer, Secretary and director, holds sole voting and dispositive power over all reported shares. The position was built through shares received in the reverse acquisition of Kepler Fusion Technologies Inc. and other acquisitions over time, using no borrowed funds.
He states the holdings are for investment purposes, with the possibility of buying more or selling some depending on market conditions and the company’s prospects. He reports no transactions in the stock during the 60 days before the filing and discloses no side agreements or special arrangements related to these securities.
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