CleanCore Solutions, Inc.
General Information | |
Business: | (Note: CleanCore Solutions, Inc. is the company’s name on the SEC documents. This is the same company that previously was identified as CleanCore Technologies, Inc.)CleanCore Solutions, Inc. specializes in the development and manufacturing of cleaning products that produce pure aqueous ozone for professional, industrial or home use. (Incorporated in Nevada)We have a patented nanobubble technology using aqueous ozone that we believe is highly effective in cleaning, sanitizing, and deodorizing surfaces and high-touch areas.Our mission is to become a leader in creating safe, clean spaces that are free from any chemical residue or skin irritants. We are currently expanding our distributor network, improving our manufacturing processes, and proving the effectiveness of our products in restaurants, airports, and hotels.As noted by the U.S. Environmental Protection Agency, or the EPA (“Wastewater Technology Fact Sheet: Ozone Disinfection,” September 1999), ozone has been used in water treatment facilities to remove pathogens from water for decades. However, ozone was not safe for traditional cleaning because the gas alone can be harmful when inhaled. In recent years, ozone has been found to become a powerful cleaning solution if infused into tap water, which then creates a solution called aqueous ozone. Once the ozone is added into the water, the resulting solution is safe to handle, yet continues to hold the effective cleaning and oxidizing components of ozone.Our product offerings utilize a patented technology that we believe produces an enhanced aqueous ozone solution that requires no additives, filters, or advanced chemicals. We believe that we are the only company that has an aqueous ozone solution that is produced in the form of nanobubbles.Note: Net loss and revenue are for the 12 months that ended June 30, 2023. (Note: CleanCore Solutions, Inc. increased the size of its small-cap IPO to 1.25 million shares – up from 1.0 million shares – and kept the price range at $4.00 to $6.00 to raise $6.25 million, according to an S-1/A filing dated March 8, 2024. However, CleanCore Technologies, Inc. says that it intends to price its IPO at $4.00 – the bottom of its $4.00-to-$6.00 price range – and at that assumed IPO price, the IPO would raise $5.0 million. This is an NYSE – American Exchange listing. Background: The IPO’s initial terms had called for 1.5 million Class B shares of common stock at a price range of $4.00 to $6.00 to raise $7.5 million. Background: The company filed its S-1 on Oct. 10, 2023, without disclosing terms for its IPO. CleanCore Technologies, Inc. filed confidential IPO documents with the SEC on Feb. 15, 2023.)
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Industry: | Cleaning Products - Professional, Industrial & Home |
Employees: | 7 |
Founded: | 2014 |
Contact Information | |
Address | 5920 South 118th Circle, Suite 2 Omaha, NE 68137 877-860-3030 |
Phone Number | (877)-860-3030 |
Web Address | http://www.cleancoresol.com/ |
View Prospectus: | CleanCore Solutions, Inc. |
Financial Information | |
Market Cap | $31.82mil |
Revenues | $2.44 mil (last 12 months) |
Net Income | $-5.34 mil (last 12 months) |
IPO Profile | |
Symbol | ZONE |
Exchange | NYSE - American |
Shares (millions): | 1.3 |
Price range | $4.00 - $4.00 |
Est. $ Volume | $5.0 mil |
Manager / Joint Managers | Boustead Securities/ Sutter Securities |
CO-Managers | |
Expected To Trade: | 4/26/2024 |
Status: | Priced |
Quiet Period Expiration Date: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |