CleanCore Solutions Successfully Completes Significant Funding Round

CleanCore Solutions Completes Major Private Placement

Today, CleanCore Solutions, Inc. (NYSE American: ZONE) announced the successful closing of a significant private investment in public equity (PIPE) financing. This funding has raised an impressive $175,000,420, a noteworthy achievement prior to deducting any agent fees or related expenses, utilizing a mix of cash and cryptocurrencies.

Transforming Treasury Management

The net proceeds from this offering will play a vital role in acquiring Dogecoin (DOGE), integrating it into CleanCore's treasury operations. This strategic move will position DOGE as the primary reserve asset for CleanCore, enabling the company to fund general working capital and support various corporate initiatives.

Creating the Official Dogecoin Treasury

With the completion of this transaction, CleanCore has established the official Dogecoin Treasury under the auspices of the Dogecoin Foundation and its commercial arm, known as the House of Doge. Notably, Marco Margiotta has joined CleanCore Solutions as the Chief Investment Officer, highlighting a shift in the company's management dynamics.

Investor Involvement and Confidence

This funding round has garnered attention from marquee institutional and crypto-native investors, including significant names such as MOZAYYX, Pantera, GSR, FalconX, Borderless, and Mythos. The involvement of these reputable investors showcases confidence in CleanCore’s innovative strategies and future potential in the digital asset realm.

CEO Statements on Growth and Commitment

Clayton Adams, the CEO of CleanCore, expressed pride in this development, stating, “ZONE is the first publicly traded company with a formal Dogecoin Treasury, backed by the Dogecoin Foundation and House of Doge. This initiative represents a regulated and transparent pathway for investors to engage with DOGE, while our core business continues to thrive.” Adams further emphasized the company’s commitment to integrity, utility, and long-term vision in the public market landscape.

Compliance and Stockholder Approval

CleanCore has successfully secured clearance from the NYSE American for a subsequent listing application associated with this PIPE transaction. Additionally, stockholder approval has been achieved, ensuring compliance with all NYSE American listing requirements. CleanCore maintains an effective shelf registration statement with the SEC, reflecting its readiness for future endeavors.

Strategic Partnerships and Advancements

Maxim Group LLC and Curvature Securities LLC have acted as co-placement agents for the private placement, providing expertise in navigating the complexities of the market. Legal counsel has been offered by Seward & Kissel LLP to the House of Doge while Bevilacqua PLLC and Lucosky Brookman LLP provided guidance to CleanCore and the placement agents respectively.

Advancing a Sustainable Future

CleanCore Solutions is on a transformative journey aimed at redefining cleaning through its patented aqueous ozone technology. The core mission of the company is to deliver sustainable, efficient cleaning solutions that can outperform traditional methods. CleanCore is focused on creating a healthier and environmentally friendly future for consumers, businesses, and communities alike.

About House of Doge

House of Doge stands as the official corporate arm of the Dogecoin Foundation, dedicated to positioning Dogecoin ($DOGE) as a mainstream decentralized global currency. By investing in necessary infrastructure and innovative financial solutions, House of Doge is paving the way for Dogecoin’s integration into everyday commerce, enhancing its usability for real-world applications.

Contacting Investor Relations

For those interested in further details, CleanCore invites inquiries through its Investor Relations team, led by Valter Pinto at KCSA Strategic Communications. He can be reached via email at CleanCore@KCSA.com or by phone at (212) 896-1254.

Frequently Asked Questions

1. What is the purpose of the recent private placement by CleanCore Solutions?

The recent private placement aims to raise funds for acquiring Dogecoin and incorporate it into CleanCore's treasury operations.

2. Who are some of the notable investors involved in this funding?

Investors include MOZAYYX, Pantera, GSR, FalconX, Borderless, and Mythos, highlighting the interest in CleanCore's initiative.

3. How does CleanCore Solutions plan to utilize the funds raised?

The funds will be used as a primary reserve asset for treasury operations and to support various corporate purposes and working capital.

4. What is the strategic significance of the Dogecoin Treasury?

The establishment of the Dogecoin Treasury signals CleanCore's commitment to integrating digital assets into traditional markets, providing transparency for investors.

5. How can investors contact CleanCore for more information?

Investors can reach out to CleanCore’s Investor Relations via email at CleanCore@KCSA.com or by calling (212) 896-1254 for inquiries.

About The Author

Hello, I'm Thomas Cooper, a financial expert and writer passionate about helping people understand and navigate the financial world. Having a solid financial background and a lot of experience, my area of expertise is simplifying difficult financial ideas into useful, understandable guidance. My goal with my writings and blog entries is to provide you the information and resources you need to make wise financial choices.

I am thrilled to contribute my ideas and engage with a lively investor community at Investors Hangout, where I recently joined the team. My mission is to make finance interesting and approachable so you may take charge of your financial future. I appreciate you coming along on this path to success and financial knowledge.

Contact Thomas Cooper privately here. Or send an email with ATTN: Thomas Cooper as the subject to contact@investorshangout.com.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.