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 American: 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.

Marco Margiotta, Chief Executive Officer of the House of Doge, said, “Dogecoin has always been powered by its community, the most loyal and passionate in the digital asset space. By anchoring Dogecoin with an official foundation-backed treasury strategy, we’re setting a precedent for how public companies can align with foundations to build real utility around digital currency, while honoring the community. With CleanCore we’re creating a vehicle that we expect to unlock tremendous potential for a digital asset born from a grassroots movement that made Dogecoin and this moment possible.”

Proceeds from the private placement will enable the Company to adopt Dogecoin (DOGE) as its primary treasury reserve asset and provide funding for general working capital and corporate purposes. Dogecoin is uniquely designed for utility, with a value proposition positioned for meaningful growth. Expanding commercialization, new integrations, and increasing retail acceptance are expected to accelerate institutional participation and drive stronger demand. At the same time, a utility-led strategy is underway to establish Dogecoin as a leading cryptocurrency optimized for payments, tokenization, and everyday use. In parallel, discussions with major crypto exchanges are focused on introducing staking-like rewards and yield opportunities for treasury holdings, creating additional value for holders.

Timothy Stebbing, Dogecoin Foundation Director and newly appointed member of the Board of Directors, said, “This new treasury vehicle is a fundamental step toward the House of Doge and Dogecoin Foundation's mission to bring institutional adoption to Dogecoin. By laying the groundwork for institutions through treasury and ETFs with 21Shares we are building underlying legitimacy as a serious currency beyond Dogecoin's meme-inspired origins. This is critical to pave the way for real institutional adoption, as Main Street must feel confident investing in commercial integration for payments.”

Clayton Adams, CEO of CleanCore, said, “CleanCore has always been about innovation and disruption of the status quo, by anchoring our treasury with Dogecoin, in partnership with the Dogecoin Foundation and House of Doge, we’re not only adopting a forward-looking reserve strategy but also proving how public companies can innovate and disrupt. This is a watershed moment for both CleanCore and the broader Dogecoin community whom we give much thanks, and we’re proud to help set the standard for what a foundation-backed digital treasury can look like.”

Advisors
Maxim Group LLC and Curvature Securities LLC acted as the co-placement agents in connection with the private placement.

About House of Doge
House of Doge is the official corporate arm of the Dogecoin Foundation, committed to advancing Dogecoin ($DOGE) as a widely accepted and decentralized global currency. By investing in the infrastructure needed to bring Dogecoin into everyday commerce, House of Doge is building secure, scalable, and efficient systems for real-world use. This includes developing financial products, real-world asset tokenization, cultural partnerships, and building the first foundation-backed Dogecoin Treasury Strategy to anchor long-term utility and growth. Through these initiatives, House of Doge is leading Dogecoin into its next era, where it goes beyond the meme and fulfills its mission of Doing Only Good Everyday on a global scale.

About CleanCore Solutions, Inc.

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 https://www.cleancoresol.com/.

Media:
House of Doge
Angela Gorman, Communications Director
Email: angela@houseofdoge.com
Tel: (917) 348-0083

Investor Relations:
KCSA Strategic Communications
Valter Pinto, Managing Director
Email: CleanCore@KCSA.com
Tel: (212) 896-1254

Forward Looking Statements

This press release contains information about our views of future expectations, plans, and prospects with respect to the Official Dogecoin Treasury being established with CleanCore that constitute or may constitute forward-looking statements. Any and all forward-looking statements are based on House of Doge’s and/or CleanCore’s management beliefs, assumptions, and expectations of future economic performance, taking into account the information currently available. These statements are not statements of historical fact. Although the parties believe the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. Neither House of Doge nor CleanCore undertakes any duty to update any statements contained herein (including any forward-looking statements), except as required by law. Forward-looking statements are subject to a number of factors, risks, and uncertainties, some of which are not currently known to us, that may cause actual results, performance or financial condition to be materially different from the expectations of future results, performance or financial position. Actual results may differ materially from the expectations discussed in forward-looking statements. Factors that could cause actual results to differ materially from expectations include general industry considerations, regulatory changes, changes in local or national economic conditions and other risks set forth in “Risk Factors” included in CleanCore’s filings with the Securities and Exchange Commission (“SEC”).

The offer and sale of the foregoing securities were made in a private placement in reliance on an exemption from the registration requirement of the Securities Act of 1933, as amended (the “Securities Act”), pursuant to Section 4(a)(2) of the Securities Act and/or Regulation D promulgated thereunder, and applicable state securities laws. Accordingly, the securities offered in the private placement may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirement of the Securities Act and such applicable state securities laws. Concurrently with the execution of the securities purchase agreements, the Company and the investors entered into a registration rights agreement pursuant to which the Company has agreed to file a registration statement with the SEC, registering the resale of the shares of common stock to be issued or issuable in connection with the offering.

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