Cleancore Solutions Inc. has announced the execution of a new settlement agreement with its former Chief Executive Officer, Matthew Atkinson. As part of the agreement, Cleancore will issue 200,000 shares of its class B common stock to the James T. Coyle Legacy Trust. This move aims to resolve an outstanding obligation concerning these shares. The agreement, effective June 21, 2025, signifies the resolution of a lawsuit between the parties, with all parties agreeing to dismiss the lawsuit and bear their own legal costs. The resolution has been deemed by the board to be in the best interests of Cleancore and its shareholders.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cleancore Solutions Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-053508), on June 11, 2025, and is solely responsible for the information contained therein.