CleanCore Names Alex Spiro Chairman And Launches Official Dogecoin Treasury Sponsored By Dogecoin Foundation

Alex Spiro will immediately become Chairman of the Board of Directors of ZONE

The transaction creates the only official Dogecoin Treasury sponsored by the Dogecoin Foundation

The transaction consisted of a group of over 80 marquee institutional and crypto native investors including, but not limited to, MOZAYYX, Pantera, GSR, FalconX and Borderless

Upon the closing of the Private Placement, CleanCore will advance its treasury strategy on Dogecoin

MIAMI, Sept. 02, 2025 (GLOBE NEWSWIRE) -- House of Doge Inc., the official corporate arm of the Dogecoin Foundation, today announced a strategic partnership with CleanCore Solutions, Inc. (NYSE:ZONE) ("CleanCore" or the "Company") to establish the official Dogecoin Treasury, the first and only to be sponsored by the Dogecoin Foundation.

House of Doge will serve to support and advise the treasury alongside 21Shares, the world's largest crypto ETP issuer, with more than $12 billion in assets under management and a track record of creating secure, regulated, and institutionally focused cryptocurrency investment products. Together, House of Doge and 21Shares will oversee strategic allocation, yield opportunities, and corporate governance of the official Dogecoin Treasury, ensuring transparency and routine reporting in line with institutional standards.

Alex Spiro will serve as Chairman of the Board of Directors and key leadership from House of Doge will join CleanCore's board and management team. Timothy Stebbing, Director at the Dogecoin Foundation and CTO of House of Doge, will join Spiro as a member of the board and Marco Margiotta, Chief Executive Officer of House of Doge, will join the Company as Chief Investment Officer.

To establish the treasury through this partnership, CleanCore has entered into securities purchase agreements for a private investment in public equity (PIPE) for the offer and sale of 175,000,420 Pre-Funded Warrants at a price of $1.00 per Pre-Funded Warrant for expected aggregate gross proceeds of approximately $175,000,420 before fees and other offering expenses. The Company intends to use the net proceeds of the offering to acquire Dogecoin commonly referred to as "DOGE" and contribute the DOGE to the Company's treasury operations. DOGE will serve as the Company's primary treasury reserve asset.

The transaction consisted of a group of over 80 marquee institutional and crypto native investors including, but not limited to, MOZAYYX, Pantera, GSR, FalconX, Borderless, Mythos and Serrur & Co. LLC.

The closing of the offering is expected to occur on or about September 4, 2025, subject to the satisfaction of customary closing conditions, including without limitation, the authorization of the Supplemental Listing Application by the NYSE American.