CleanCore Solutions, Inc. (NYSE American: ZONE) announced the establishment of a new at-the-market (ATM) equity program providing for the sale of up to $750 million of its common stock pursuant to a Controlled Equity Offering Sales Agreement with Cantor Fitzgerald & Co. and Curvature Securities LLC.
Under the agreement, shares may be sold from time to time at prevailing market prices, with the Company retaining discretion over the timing and amount of any issuances. Net proceeds from future sales are expected to be used to support the evaluation and development of artificial intelligence infrastructure opportunities, while continuing to expand the Company’s cleaning products business and digital asset treasury strategy, as well as for general corporate purposes.
Lucosky Brookman LLP served as counsel to CleanCore Solutions, Inc. in connection with the transaction.
