• CleanCore Solutions is like the Dyson for chemical-free cleaning technology.
• CleanCore Solutions is like SodaStream for powerful, on-demand cleaning solutions.

• Aqueous Ozone Generation Systems: These are cleaning products that utilize patented nanobubble technology to produce pure aqueous ozone for effective cleaning, sanitizing, and deodorizing across professional, industrial, and home applications.

Clayton Adams, Chief Executive Officer
Clayton Adams is an accomplished entrepreneur with extensive experience in hypergrowth technology and recurring revenue business models. He has a successful track record of helping companies maximize valuations and streamline operations. Mr. Adams has served as Chief Executive Officer since June 2024, and previously as President and a member of the board of directors of CleanCore since September 2022. Since January 2020, he has served as Principal at Bird Dog Capital LLC, where he leads various investments. Mr. Adams gained experience developing the growth of small companies as Chief Executive Officer of Carson Enterprises, Inc. from March 2009 to February 2019, where he expanded the company and successfully sold it in February 2019.

David Enholm, Chief Financial Officer
Mr. Enholm has served as Chief Financial Officer since March 2023. He is a senior executive with over 35 years of experience in finance, including budgeting, forecasting, treasury and cash flow operations, revenue development, acquisitions and dispositions, and company restructuring. Most recently, Mr. Enholm worked with Monroe Capital, a private equity firm, as Chief Financial Officer for two companies owned by Monroe. From March 2020 to September 2022, Mr. Enholm served as the Chief Financial Officer at Nelbud Services, where he led two acquisitions. From October 2018 to August 2021, he was the Chief Financial Officer at Complete Nutrition, a private company, where he developed a restructuring plan to transition the company from a traditional physical store to an e-commerce retailer. Both Nelbud Services and Complete Nutrition were wholly owned by Monroe Capital.

Travis Buchanan, President
Mr. Buchanan was appointed President on January 1, 2025. He is an experienced executive with a strong background in acquisitions, scaling businesses, technology design and deployment, and manufacturing operations. Throughout his career, he has worked with diverse organizations, including startups, small businesses, and publicly traded companies. Most recently, Mr. Buchanan served as Chief Operating Officer at Poplar Homes, where he established the M&A function, expanded the portfolio over 10 times, and secured $53 million in Series B financing. Prior to that, he served as Senior Vice President of Business Initiatives at American Homes 4 Rent. His entrepreneurial ventures include co-founding a custom apparel company and advising ScanCafe.

Gary Hollst, Chief Revenue Officer
Mr. Hollst has served as Executive Vice President since April 2019, and is currently the Chief Revenue Officer. He has an extensive background in the janitorial, sanitation, and refrigeration industry. Since 2015, Mr. Hollst has also served as the President of O-Z Tech, an ice machine and laundry cleaning company based out of Omaha, Nebraska, that specializes in the usage of aqueous ozone water.

Key Business Risks for CleanCore Solutions (ZONE)

1. Market Adoption and Competition with Conventional Chemical Cleaners: CleanCore Solutions' core offering of pure aqueous ozone, while touted for its effectiveness and safety, represents a departure from traditional chemical cleaning solutions. The company is actively "expanding our distributor network" and "proving the effectiveness of our products", which indicates an ongoing need to educate the market and convince customers to adopt a newer technology over established, often lower-cost, chemical alternatives. Successfully displacing conventional cleaning products and achieving broad market acceptance against competitors with entrenched market positions and distribution channels poses a significant challenge.
2. Reliance on Patented Nanobubble Technology and Intellectual Property Protection: CleanCore Solutions states that it "believe[s] that we are the only company that has an aqueous ozone solution that is produced in the form of nanobubbles", highlighting this patented technology as a critical differentiator. The business's competitive advantage is heavily reliant on the continued uniqueness and protection of this intellectual property. Risks include potential challenges to the validity of their patents, the expiration of key patents, or the development of similar or superior non-infringing technologies by competitors, all of which could erode their market position and competitive edge.
3. Challenges in Scaling Manufacturing and Expanding Distribution: The company explicitly notes that it is "improving our manufacturing processes" and "expanding our distributor network". These ongoing efforts suggest potential operational risks. Difficulties in efficiently scaling manufacturing could lead to production bottlenecks, increased costs, or an inability to meet growing demand. Similarly, if the expansion of the distributor network is slow or ineffective, it could significantly limit the company's market reach, hinder sales growth, and impede its mission to become a leader in the industry.

Outbound Investments

• On October 17, 2022, CleanCore Solutions (then CC Acquisition Corp.) acquired substantially all of the assets of CleanCore Solutions, LLC, TetraClean Systems, LLC, and Food Safety Technology L.L.C.
• This acquisition consolidated businesses focused on developing and manufacturing cleaning products that produce pure aqueous ozone for professional, industrial, or home use, utilizing patented nanobubble technology.