American Fusion, Inc. (AMFN): CEO Brent Nelson appointed

Events in this filing

Item 5.02 as filed

Item 5.02 of Form 8-K.
Brent Nelson, age 65, is a technology entrepreneur, venture
investor and business executive with more than 30 years of experience in energy, aerospace, healthcare and advanced technology. During
the past five years, Mr. Nelson has served as founder, Chairman and Chief Executive Officer of Kepler Aerospace, a technology platform
company focused on propulsion, advanced energy and space-related technologies, and has served in leadership roles with American Fusion,
Inc. and American EcoFuels Inc., including as Chairman and director of each company. His activities include oversight of the Kepler-related
businesses Kepler Fusion Technologies, Kepler GTL Technologies, Kepler Medical, Kepler Gravity Sciences, Kepler Electrical and Kepler
Space Ventures. He is also affiliated with Quantum Investment Fund I and Earth Sciences Fund I, where he participates in capital formation
and strategic investment initiatives.
Earlier in his career, Mr. Nelson founded or co-founded businesses
including a company that developed technology later associated with Windows Media Player, Palmworks, CybeRecord, Evader, RF Surgical
Systems and Mobile PET Systems. His experience also includes natural-resources development projects in South America and Australia. The
Board selected Mr. Nelson to succeed Mr. Hawkins in view of his experience with technology development, corporate strategy, financing
and management.
Mr. Nelson does not have a family relationship with any of the current officers
or directors of the Company.
Related Party Transactions
Except for the Nelson Consulting Agreement described above and the
transactions described in the Company’s Registration Statement on Form 10 and its Quarterly Reports on Form 10-Q for the quarters
ended March 31, 2026 and June 30, 2026, including the share exchange pursuant to which the Company acquired Kepler from Mr. Nelson and
Mr. Nelson’s acquisition, through Earth Sciences Fund I LLC, of the Special 2020 Series A Preferred Control Share, there are no
transactions in which Mr. Nelson has an interest requiring disclosure under Item 404(a) of Regulation S-K.