Recent Updates — ZONE
Zone Frontier Inc. filed a Certificate of Change with the Nevada Secretary of State to effect a 1-for-60 reverse stock split of its common stock, which becomes effective at 9:01 p.m. Pacific Time on October 29, 2026. The company simultaneously reduced authorized shares from approximately 7 billion to roughly 115.7 million for common stock and from 50 million to 833,334 for preferred stock. In connection with the sale of its legacy aqueous ozone cleaning business, President Travis Buchanan and Chief Revenue Officer Gary Hollst terminated employment without cause on October 23, receiving lump-sum severance payments of $150,000 and $125,000 respectively. Zone Frontier Inc. operates in the data center development industry.
Zone Frontier completed the sale of its aqueous ozone cleaning products business to Sanzonate Holdings LLC, an entity controlled by board member Clayton Adams. The company received a secured promissory note with a principal amount of $3.35 million bearing 6% interest, payable over 18 months, and a 5% membership interest in the buyer. Zone Frontier is entitled to up to $2.25 million in contingent earnout payments if the buyer achieves specific equity financing milestones. The transaction eliminates approximately $3 million in annual cash burn associated with the legacy segment. Zone Frontier operates in the AI critical infrastructure industry, developing data center campuses.
Zone Frontier Inc. announced that a subsidiary entered into a Ground Lease Agreement on September 24, 2026, securing approximately 4,077 acres in Potter County, Texas, for its West Texas data center campus developed with HST Technologies, Inc. The lease allows designation of 200 to 800 acres for data centers and at least 1,800 acres for solar generation and battery storage. Base rent is $6,000 per acre annually for the data center site and $1,000 per acre for the solar site, commencing only upon construction start. The agreement includes a purchase option for the data center land at $100,000 to $135,000 per acre and a long-term water supply right. Zone Frontier Inc. operates in the AI infrastructure industry, developing critical digital infrastructure such as data centers.
Zone Frontier Inc. announced that David Enholm resigned as Chief Financial Officer effective September 11, 2026, due to retirement. The company confirmed his departure was not caused by any disagreements regarding operations or policies. Zone Frontier Inc. operates in the environmental services and remediation industry.
CleanCore Solutions, Inc. filed a current report to disclose the completion of a best efforts public offering previously priced on August 11, 2026. The company issued 275,829,576 shares of common stock, pre-funded warrants for up to 124,170,424 additional shares, and accompanying warrants for up to 400,000,000 shares. As of August 20, 2026, the total outstanding common stock increased to 502,090,260 shares following this issuance. CleanCore Solutions operates in the environmental services industry, specializing in mold remediation and indoor air quality solutions.
On August 11, 2026, CleanCore Solutions priced a best efforts public offering of 275,829,576 shares of common stock and pre-funded warrants for up to 124,170,424 additional shares, accompanied by warrants to purchase up to 400,000,000 shares. The securities were sold at a combined price of $0.25 per share (or $0.2499 for pre-funded warrant units), generating approximately $100 million in aggregate gross proceeds before fees and expenses. Investor Warrants carry an exercise price of $0.25 per share, are immediately exercisable, and expire five years after issuance. Pre-funded warrants are exercisable at a nominal price of $0.0001. The company engaged Curvature Securities as sole placement agent for an 8% fee. Proceeds will fund AI critical infrastructure development, including the Minnesota Project, and working capital. CleanCore Solutions operates in the technology infrastructure sector, building digital infrastructure to support artificial intelligence compute capacity.