secwatch.observer — SEC 8-K summary
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Issuer:     CleanCore Solutions, Inc. (ZONE)
CIK:        0001956741
Form:       8-K
Filed at:   2025-06-11T23:59:59+00:00
Accession:  0001213900-25-053508
Event type: litigation
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 3.02, 5.07, 9.01, 6.01
LLM model:  deepseek-v4-flash:cloud@v2

CleanCore settles former CEO lawsuit with 200k shares; also settles Boustead dispute with cash, warrants
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- Issued 200,000 class B shares to James T. Coyle Legacy Trust to settle litigation with ex-CEO Matthew Atkinson; lawsuit dismissed with prejudice.
- Boustead settlement: $100k cash due in 45 days; additional $1.05M cash due upon closing ≥$50M financing or 2% of smaller amounts.
- Issued warrants to Boustead: 29,750 shares at $1.25, 9,426 at $1.06; future warrant for 160,824 shares on financing close.
- Annual meeting: elected four directors; ratified TAAD, LLP as auditor; approved increase to 2022 Equity Incentive Plan share reserve.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1956741/000121390025053508/0001213900-25-053508-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1956741/000121390025053508/ea0245374-8k_cleancore.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-053508

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer