- The company began trading on the OTCQB Venture Market on August 21, completing its transition from the OTCID market.
- The move follows the completion of the FINRA Form 211 process, allowing proprietary broker-dealer quotations in AMFN and potentially broadening market participation.
- The company reported 100 patent applications pending after filing 17 additional U.S. applications covering components and configurations of its Texatron(TM) Fusion Engine(TM) platform.
- American Fusion(TM) has moved the Texatron(TM) program from engineering preparation into active testing, including work at Texas Tech University and continued evaluation of its 500 kW and 5 MW configurations.
- The company is holding preliminary discussions concerning potential power offtake arrangements and Power Purchase Agreements, although no definitive agreements have been signed.
American Fusion(TM) (OTCBQ: AMFN), a developer of next-generation fusion energy technologies, has entered a new phase of its public-market development, with the company beginning trading on the OTCQB Venture Market while simultaneously expanding the intellectual-property portfolio surrounding its Texatron(TM) Fusion Engine(TM).
The OTC move became effective August 21 under the company’s existing ticker, AMFN, after OTC Markets Group approved the upgrade and FINRA processed a Form 211 submitted by Alpine Securities, the company’s sponsoring market maker. American Fusion(TM) had previously traded on the…
NOTE TO INVESTORS: The latest news and updates relating to AMFN are available in the company’s newsroom at https://ibn.fm/AMFN
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