American Fusion Inc. (OTC: AMFN) announced the appointment of Michael Carlson as Chief Financial Officer, according to a press release from the company.

Carlson brings over 30 years of experience in corporate finance and capital markets. He previously served as CFO of Budapest Airport, where he managed a capital structure exceeding €1.5 billion and led a €795 million bank debt refinancing in 2023. He holds CPA certification in Canada and an MBA from Purdue University.

Prior to Budapest Airport, Carlson spent more than three decades with KPMG, serving as an Audit Partner beginning in 1996 and leading KPMG Hungary's Financial Advisory Services practice. His responsibilities included corporate finance, restructuring, transaction services, and forensic services.

As CFO, Carlson will oversee American Fusion's financial strategy, capital markets initiatives, and financial reporting as the company develops fusion energy technologies through its subsidiary, Kepler Fusion Technologies.

The company recently completed independent PCAOB audits for fiscal years 2024 and 2025 and submitted a Form 10 Registration Statement with the Securities and Exchange Commission as part of its transition to becoming a fully reporting public company.

American Fusion also provided updates on legal matters. The Delaware Court of Chancery denied motions for expedited proceedings and preliminary injunctive relief related to the company's Series 2020 Super Voting Preferred Share. The company is awaiting the outcome of a March 13 hearing in Washington State regarding the return of shares to treasury.

American Fusion develops fusion energy technologies through Kepler Fusion Technologies and its Texatron fusion platform.