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TechNews: CleanCore Solutions raises $5 million and closes initial public offering

Updated: May 3

CleanCore Solutions, Inc. (NYSE American: ZONE) is dedicated to revolutionizing cleaning and disinfection practices by harnessing the power of its patented aqueous ozone technology.

Boustead Securities, LLC (“Boustead”) client CleanCore Solutions, Inc. (NYSE American: ZONE) (“CleanCore” or the “Company”), developer of the patented aqueous ozone technology that works as an all-purpose cleaner, announced the closing of its initial public offering (the “Offering”) of 1,250,000 shares of common stock at a price to the public of $4.00 per share for gross Offering proceeds of $5,000,000 before deducting underwriting discounts, commissions, and offering expenses payable by the Company.


After deducting underwriting discounts, commissions, and other offering expenses, the Company received net proceeds of approximately $3,760,000. The Company intends to use the net proceeds from this Offering for the repayment of certain debt, research and development and for intellectual property, and for working capital and general corporate purposes.


The Company’s common stock began trading on the NYSE American stock exchange on Friday, April 26, 2024, under the ticker symbol “ZONE”.


The offering was made only by means of a prospectus and pursuant to the Company’s Registration Statement on Form S-1, as amended (File No. 333-274928), which was filed with the U.S. Securities and Exchange Commission (“SEC”) and subsequently declared effective by the SEC on Thursday, April 25, 2024. Copies of the final prospectus are available on the SEC website at, or may be obtained from may be obtained from Boustead Securities, LLC, 6 Venture, Suite 395, Irvine, California 92618, by phone at +1-949-502-4408 or by email at


This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.


Bevilacqua PLLC served as legal counsel to the Company and ArentFox Schiff LLP served as legal counsel to Boustead Securities, LLC for the initial public offering.

About CleanCore Solutions

CleanCore Solutions, Inc. (NYSE American: ZONE) is dedicated to revolutionizing cleaning and disinfection practices by harnessing the power of its patented aqueous ozone technology. The Company’s mission is to empower its customers with cost-effective, sustainable solutions that surpass traditional cleaning methods. Through innovation and commitment to excellence, CleanCore strives to create a healthier, greener future for generations to come. For more information, please visit



About Boustead Securities, LLC

Boustead Securities, LLC is an investment banking firm that executes and advises on IPOs, mergers and acquisitions, capital raises and restructuring assignments in a wide array of industries, geographies and transactions, for a broad client base. Boustead’s core value proposition is the ability to create opportunity through innovative solutions and tenacious execution. With experienced professionals in the United States, Boustead’s team moves quickly and provides a broad spectrum of sophisticated financial advice and services. Boustead is a majority-owned subsidiary of Boustead & Company Limited, a diversified non-bank financial institution. For more information visit please visit:


Source: CleanCore Solutions, Inc.


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