# American Fusion, Inc. (AMFN) — relisting/uplisting [announced]
Source: SEC API (secapi.ai) · situation sit_37f500cd3bedb2dcaec9 · retrieved 2026-08-16T20:45:29.290Z

## Overview
American Fusion, Inc. is an advanced energy platform company developing and commercializing next-generation fusion energy technologies, specifically the Texatron Fusion Engine, an aneutronic fusion platform designed for modular, infrastructure-grade deployment across industrial, commercial, defense, and grid-constrained applications.

American Fusion, Inc. entered into a Consulting Services Agreement with JRMS Consulting LLC on August 10, 2026, under which JRMS (through its Manager, John Gerdin) will provide board governance, strategic advisory, corporate finance, business development, and capital markets consulting services. The Company will pay JRMS a cash retainer of $2,000 per month for board service and committee participation. Additionally, JRMS received a contingent right to acquire shares of the Company's common stock with a target value of $240,000, which vests only upon the Company completing a Restructuring Event (defined as any reverse stock split, forward stock split, recapitalization, reclassification of shares, exchange of outstanding equity securities, or other transaction materially altering capitalization or per-share trading price) while JRMS remains continuously engaged. Upon vesting, the number of shares will be determined by dividing $240,000 by the closing price on the first trading day following the Vesting Date, at a purchase price of $0.001 per share. A one-year valuation adjustment provides that if the stock price declines, additional shares will be issued to maintain the $240,000 minimum value. On August 11, 2026, the Board appointed John Gerdin as an independent director, effective immediately.

## Terms
- Counterparty: JRMS Consulting LLC · Deal value: $240,000 · Consideration: mixed · Price/share: $0.001

## Key dates
- Announced 2026-08-13

## Timeline
- 2026-08-13 · 8-K (0001079973-26-001073): 8-K - American Fusion, Inc. — *American Fusion, Inc. is an advanced energy platform company developing and commercializing next-generation fusion energy technologies, specifically the Texatron Fusion Engine, an aneutronic fusion platform designed for modular, infrastructure-grade deployment across industrial, commercial, defense, and grid-constrained applications.* American Fusion, Inc. entered into a Consulting Services Agreement with JRMS Consulting LLC on August 10, 2026, under which JRMS (through its Manager, John Gerdin) will provide board governance, strategic advisory, corporate finance, business development, and capital markets consulting services. The Company will pay JRMS a cash retainer of $2,000 per month for board service and committee participation. Additionally, JRMS received a contingent right to acquire shares of the Company's common stock with a target value of $240,000, which vests only upon the Company completing a Restructuring Event (defined as any reverse stock split, forward stock split, recapitalization, reclassification of shares, exchange of outstanding equity securities, or other transaction materially altering capitalization or per-share trading price) while JRMS remains continuously engaged. Upon vesting, the number of shares will be determined by dividing $240,000 by the closing price on the first trading day following the Vesting Date, at a purchase price of $0.001 per share. A one-year valuation adjustment provides that if the stock price declines, additional shares will be issued to maintain the $240,000 minimum value. On August 11, 2026, the Board appointed John Gerdin as an independent director, effective immediately.
  https://www.sec.gov/Archives/edgar/data/96664/0001079973-26-001073.txt

## Citations
- 0001079973-26-001073 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000107997326001073