24/7 Market News Snapshot 25 February, 2025 – CleanCore Solutions Inc. (NYSE:ZONE)

February 25, 2025

DENVER, Colo., 25 February, 2025 (247marketnews.com) – (NYSE:ZONE) are discussed in this article.
CleanCore Solutions Inc. has reported a noteworthy increase in its market value, with shares opening at $1.09 and surging by over 40.93% to trade at approximately $1.508, supported by a significant trading volume of 698.76K shares. This remarkable performance reflects heightened investor confidence in CleanCore’s operational strategies and innovative solutions within the industry.

In a strategic development, CleanCore has announced its acquisition of Sanzonate Europe Ltd., the leading distributor of aqueous ozone cleaning solutions in Europe, valued at over $10 million in net backlog. This acquisition is anticipated to not only solidify CleanCore’s presence in the European market but also contribute to its global expansion initiatives. By leveraging Sanzonate’s extensive distribution network, which includes partnerships with over 30 collaborators, CleanCore expects to drive significant revenue growth and ultimately unlock a sales pipeline exceeding $20 million.

The acquisition will be financed through an innovative structure that avoids dilutive equity capital raises, utilizing a seller-financed carryback note and an earnout agreement. This approach is designed to protect shareholder value while facilitating essential investments into future growth. The transaction involves the integration of approximately $500,000 in inventory and $450,000 in accounts receivable, ensuring a smooth operational transition.

Clayton Adams, CEO of CleanCore Solutions, expressed that this acquisition represents a critical milestone for the company, reinforcing its dedication to sustainable practices and positioning it as a frontrunner in the green cleaning market. Eric Quinn, President of Sanzonate, highlighted the operational synergies expected to emerge from the combined organizations, aiming to enhance service delivery and sustain innovation in response to the growing demand for eco-friendly cleaning alternatives.

Set to finalize by March 7, 2025, the acquisition positions CleanCore Solutions to capitalize on sustainable technology trends while aligning with corporate sustainability goals on a global scale.

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