American Fusion Inc. (OTC: AMFN), a developer of next-generation fusion energy technologies, announced that the Financial Industry Regulatory Authority (FINRA) has cleared the Form 211 filed on its behalf by Alpine Securities Corporation under Rule 15c2-11 of the Securities Exchange Act of 1934. This clearance permits Alpine, serving as the company's sponsoring market maker, to initiate proprietary priced quotations in AMFN common stock, resolving the final open item in American Fusion's application process for the OTCQB Venture Market.
The company believes it is now in the final stages of the OTCQB application process and intends to work with Alpine and OTC Markets Group to complete the remaining administrative steps. However, OTCQB qualification remains subject to final review and approval. The advancement to OTCQB is part of American Fusion's broader capital markets strategy and is separate from its planned future uplisting to a national securities exchange.
American Fusion has engaged Lucosky Brookman LLP as securities and capital markets counsel for work related to a new SEC registration statement and a future exchange listing application. The company intends to evaluate the Nasdaq Capital Market and the Texas Stock Exchange, among other potential venues, but no determination regarding a future listing venue has been made.
American Fusion is focused on developing and commercializing fusion energy technologies, advancing the Texatron(TM) Fusion Engine(TM), a neutronic fusion platform designed for modular, infrastructure-grade deployment across industrial, commercial, and grid-constrained applications. The company's development strategy emphasizes system-level engineering, disciplined intellectual property protection, and scalable architectures intended to support long-term commercial operation, while maintaining a focus on capital discipline and transparent corporate governance.
The FINRA clearance and potential OTCQB listing could enhance the company's visibility and accessibility to a broader range of investors, as OTCQB is a marketplace designed for entrepreneurial and development-stage companies. This milestone may also bolster investor confidence by demonstrating regulatory compliance and progress in the company's capital markets strategy.
For more information on American Fusion, visit the company's newsroom at http://ibn.fm/AMFN. To view the full press release, visit https://ibn.fm/iHvxD.
