CleanCore closes $100M offering at $0.25 per share

CleanCore Solutions, Inc. (NYSE American: ZONE) announced the closing of a public offering of 400,000,000 shares of common stock, or pre-funded warrants in lieu thereof, raising approximately $100 million in gross proceeds before deducting placement agent discounts, commissions, and offering expenses.

Each share of common stock and accompanying warrant was priced at $0.25. The pre-funded warrants carry an exercise price of $0.0001 per share. Each accompanying warrant is immediately exercisable at $0.25 per share and expires five years from the date of issuance. If all accompanying warrants are exercised in full, the company would receive additional gross proceeds of approximately $100 million, before applicable expenses.

Curvature Securities LLC served as the sole placement agent for the offering.

According to a press release, CleanCore intends to use the net proceeds primarily to fund AI critical infrastructure development, including a project referred to as the Minnesota Project, as well as for working capital and general corporate purposes.

The securities were offered under a registration statement on Form S-3 that was declared effective by the Securities and Exchange Commission on August 29, 2025.

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