"A Nebraska-based cleaning products firm has unveiled a nearly $200 million move to build what's being billed as the only "official" Dogecoin treasury company - and Elon Musk's go-to attorney is heading up the effort. The firm on Tuesday named Musk's longtime personal attorney, Alex Spiro, the chairman of CleanCore Solutions' Board of Directors. The Dogecoin meme cryptocurrency has long been backed by Musk."
"CleanCore said it was establishing the Dogecoin treasury through a $175,000,420 private placement. The firm said it entered into securities purchase agreements for a private investment in public equity for the offer and sale of 175,000,420 pre-funded warrants at a price $1 each. "The transaction creates the only official Dogecoin treasury sponsored by the Dogecoin Foundation and the House of Doge, the authorized Commercial Arm of the Dogecoin Foundation," CleanCore said. It added that the transaction consisted of a group of over 80 investors including, MOZAYYX, Pantera, GSR, FalconX, Borderless, Mythos and Serrur & Co. LLC. The deal is slated to close on Thursday, according to CleanCore."
CleanCore Solutions, a Nebraska cleaning-products firm, announced a $175,000,420 private placement to establish a Dogecoin treasury and acquire DOGE for company treasury operations. Alex Spiro, Elon Musk's longtime personal attorney and a partner at Quinn Emanuel, will serve as chairman of CleanCore's board of directors. The offering consists of 175,000,420 pre-funded warrants sold at $1 each to a syndicate of more than 80 investors including MOZAYYX, Pantera, GSR, FalconX, Borderless, Mythos and Serrur & Co. LLC. CleanCore described the effort as the only official Dogecoin treasury sponsored by the Dogecoin Foundation and the House of Doge. The deal is slated to close on Thursday.
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