American Fusion Legal Proceedings Advance as Court Dismisses Claims Against Former Executive

Renewal Fuels Inc., operating under the American Fusion brand, has received a favorable procedural ruling in its ongoing Washington state litigation while maintaining its position against corporate defendants. The King County Superior Court dismissed all claims against former executive Justin Costello on February 26, 2026, while keeping defaults in place against remaining corporate defendants despite striking a motion on technical formatting grounds.

The court’s order specifically struck the company’s Motion for Entry of Default Judgment against corporate defendants solely due to citation formatting requirements under Civil Rule 7 and King County Local Civil Rules. Company management emphasized that the ruling was procedural and did not address the merits of the claims, nor did it question service, default, rescission, or the evidentiary record. Defaults entered against the corporate defendants remain fully in place according to the court’s orders.

The underlying legal action seeks rescission of two 2021 asset purchase agreements and cancellation of approximately 1.683 billion shares issued in connection with those transactions. The company contends it received no consideration for these share issuances. Renewal Fuels is currently refiling a corrected motion that complies with the court’s procedural directives, which management believes represents the last remaining material item needed to effect corporate action with FINRA for the company’s name change and voluntary symbol change.

Company officials addressed circulating online commentary by clarifying that the court’s orders do not constitute a ruling against the company on the substance of its claims. The company remains committed to resolving the disputed share issuances through the judicial process. For additional information about the company’s technology platform, resources are available at https://www.keplerfusion.com and https://americanfusionenergy.com.

The legal developments occur as the company continues its transition following its merger with Kepler Fusion Technologies, through which it is developing fusion energy technologies including the Texatron platform. The company has filed a corporate action with FINRA to change its legal name to American Fusion Inc., reflecting its strategic focus on building scalable, infrastructure-grade fusion energy technology supported by proprietary systems and intellectual property development.

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