According to BlockBeats, CleanCore Solutions, Inc. (ZONE), a publicly traded company on the U.S. stock market, has announced a securities purchase agreement involving the issuance and sale of 175,000,420 pre-funded warrants through a private equity investment (PIPE). The expected total proceeds from this transaction are approximately $175 million, after deducting placement agent fees and other issuance costs. The funding will be a combination of cash and cryptocurrency, aimed at implementing the DOGE treasury strategy.
Following the announcement of the DOGE treasury strategy, CleanCore Solutions, Inc. (ZONE) experienced a significant pre-market drop of over 70%.
