CleanCore Solutions Inc. (NYSE American: ZONE) closed a private placement raising $175,000,420 in gross proceeds to acquire Dogecoin and establish what the company describes as the official Dogecoin treasury of the Dogecoin Foundation.

The offering was funded through a combination of cash and cryptocurrencies, with proceeds intended for acquiring Dogecoin to serve as the company's primary treasury reserve asset and provide funding for working capital and corporate purposes.

The transaction establishes CleanCore as the official Dogecoin treasury of the Dogecoin Foundation and its commercial arm, the House of Doge. Marco Margiotta, Chief Executive Officer of the House of Doge, joined CleanCore as Chief Investment Officer following the completion of the deal.

Investors in the private placement included institutional and cryptocurrency-focused firms MOZAYYX, Pantera, GSR, FalconX, Borderless, and Mythos.

"ZONE is proud to be the first publicly traded company with an official Dogecoin Treasury, sponsored by the Dogecoin Foundation and House of Doge," said Clayton Adams, CEO of CleanCore.

CleanCore confirmed it has secured NYSE American clearance for the transaction and obtained stockholder approval. The company stated it remains in compliance with all NYSE American listing requirements and maintains an effective shelf registration statement with the Securities and Exchange Commission.

Maxim Group LLC and Curvature Securities LLC served as co-placement agents for the private placement. The securities were sold under exemptions from Securities Act registration requirements.

CleanCore operates as a cleaning technology company focused on aqueous ozone solutions. The company trades on NYSE American under the ticker ZONE.