HOUSTON, Aug. 12, 2026 /PRNewswire/ — CleanCore Solutions, Inc. (NYSE American: ZONE) (“CleanCore” or the “Company”), a company building the critical infrastructure that powers the AI economy, today announced the closing of its previously announced public offering (the “Offering”) of 400,000,000 shares of common stock (or pre-funded warrants in lieu thereof) and accompanying warrants to purchase up to 400,000,000 shares of common stock. Each share of common stock and accompanying warrant was offered at a combined public offering price of $0.25, for gross proceeds of approximately $100,000,000, before deducting placement agent discounts, commissions, and offering expenses. The pre-funded warrants have an exercise price of $0.0001 per share. Each accompanying warrant is immediately exercisable at an exercise price of $0.25 per share of common stock and will expire five years following the date of issuance. If all accompanying warrants are exercised in full, the Company would receive additional gross proceeds of approximately $100,000,000, before deducting applicable expenses.

Curvature Securities LLC is acting as the sole placement agent for the Offering.

CleanCore intends to use the net proceeds from the Offering primarily to fund the development of AI critical infrastructure opportunities, including the Minnesota Project, and for working capital and general corporate purposes.

The shares of common stock, pre-funded warrants and warrants were offered pursuant to a registration statement on Form S-3 (File No. 333-289867), which was previously filed with and subsequently declared effective by the Securities and Exchange Commission (the “SEC”) on August 29, 2025. The Offering was made only by means of a prospectus supplement which is a part of the effective registration statement. A final prospectus supplement and the accompanying base prospectus relating to the public offering has been filed with the SEC and is available on the SEC’s website at www.sec.gov. Additionally, electronic copies of the final prospectus supplement and the accompanying base prospectus may be obtained from Curvature Securities LLC, 39 Main Street, Chatham, NJ 07928, or by telephone at (908) 944-9400, or by email at IB@curvaturesecurities.com.

This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities in the Offering, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

About CleanCore Solutions, Inc.

CleanCore Solutions, Inc. (NYSE American: ZONE) is helping to build the critical infrastructure that powers the AI economy. Through a growing pipeline of projects, ZONE aims to help meet the increasing demand for compute capacity, power, and digital infrastructure required by the world’s leading AI companies.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements include, but are not limited to, statements regarding the expected use of the proceeds from the Offering. Forward-looking statements are generally identified by words such as “anticipates,” “believes,” “expects,” “intends,” “plans,” “may,” “will,” “could,” “should,” “estimates,” “projects,” “potential,” “focused on,” “aims,” “expand,” “expected,” “look forward,” and similar expressions. These forward-looking statements are based on management’s current expectations and assumptions as of the date of this press release and are subject to significant risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied. Such risks and uncertainties include, but are not limited to: the highly speculative and uncertain nature of the Company’s AI critical infrastructure business; the Company’s continued ability to successfully transition its business model from cleaning services; the Company’s lack of operating history in the data center or computing infrastructure industry; the Company’s limited experience in the data center and AI infrastructure industries; the status of the Company’s operations, results of operations, growth strategy and liquidity; and, general economic, financial, capital market and industry conditions.

For a more complete discussion of risks and uncertainties, please refer to the Company’s filings with the SEC, including the “Risk Factors” section of the Company’s most recent Annual Report on Form 10-K or Quarterly Report on Form 10-Q. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. All forward-looking statements are qualified in their entirety by this cautionary statement.

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SOURCE CleanCore Solutions (NYSE AMERICAN: ZONE)

Broadband revenue increased 54% year over year, including 44% growth in Rest-of-Market
Company raises full-year outlook to reflect Broadband revenue of $505 million – $525 million
Cash increased to $232 million with the completed sale of the Video business

SAN JOSE, Calif., Aug. 12, 2026 /PRNewswire/ — Harmonic Inc. (Nasdaq: HLIT) today announced its unaudited results for the second quarter ended July 3, 2026.

“Our strong business momentum continued in the second quarter, with Broadband revenue growth accelerating to 54% year over year, including 44% growth in Rest-of-Market,” said Nimrod Ben-Natan, president and chief executive officer of Harmonic. “Equally important, it was another quarter of strong bookings, led by Rest-of-Market, enabling us to once again raise our full-year 2026 outlook. With the sale of the Video business now complete, we have the capital and focus to further accelerate our broadband growth.”

Financial and Business Highlights

Total Company Financial Results

Continuing Operations Financial Results – Broadband

Backlog and deferred revenue of $587.6 million, an increase of 71%, compared to $344.2 million last yearCash: $231.9 million at July 3, 2026, compared to $124.1 million at December 31, 2025

Continuing Operations Business Highlights – Broadband

Commercially deployed our cOS™ solution with 161 customers, serving 48.2 million CPE devices, with ongoing expansion across all tier-1 accounts and new customer winsRest-of-Market bookings represented approximately 60% of total Q2 bookings, reflecting meaningful progress in customer diversificationAchieved first SeaStar MDU deployment and secured multi-million dollar orders for the recently announced Pearl-1XL and Oyster+ fiber products

Discontinued Operations – Video Business

The results of the Company’s Video Business are presented as held-for-sale and discontinued operations in the condensed consolidated statements of operations and condensed consolidated balance sheets for all periods presented in this press release. As previously announced, on December 8, 2025, the Company entered into a Put Option Agreement to sell its Video business to Leone Media Inc. (d/b/a MediaKind) for a purchase price of $145 million in cash (the “Disposition”). On March 20, 2026, MediaKind and the Company executed the Asset Purchase Agreement (the “APA”) for the Disposition.

On June 16, 2026, the Company and MediaKind completed the Disposition. Proceeds from the sale were $137.9 million paid at closing, subject to final post-closing adjustments under the terms of the APA. Following the Disposition, Harmonic operates as a pure-play broadband company with a single reportable segment: Broadband. As such, and unless stated otherwise, all results presented in the following table reflect those of continuing operations.

Select Financial Information from Continuing Operations – Broadband

Explanations regarding our use of Non-GAAP financial measures and related definitions, and reconciliations of our GAAP and Non-GAAP measures, are provided in the sections below entitled “Use of Non-GAAP Financial Measures” and “GAAP to Non-GAAP Reconciliations.”

GAAP Financial Guidance for Continuing Operations – Broadband

Non-GAAP Financial Guidance for Continuing Operations – Broadband

Conference Call Information

Harmonic will host a conference call to discuss its financial results at 2:00 p.m. PT (5:00 p.m. ET) on Wednesday, August 12, 2026. The live webcast will be available on the Harmonic Investor Relations website at http://investor.harmonicinc.com. To participate via telephone, please register in advance using this link, https://register-conf.media-server.com/register/BI6b44bd6531a743fb82a359cc25e46844. A replay will be available after 5:00 p.m. PT on the same website.

About Harmonic Inc.

Harmonic (NASDAQ: HLIT), the worldwide leader in virtualized broadband solutions, is transforming multi-gigabit connectivity. The company’s industry-leading cOS™ virtualized broadband platform, suite of solutions for fiber and DOCSIS, and a growing portfolio of AI-powered network intelligence solutions, enable broadband service providers to simplify operations, deliver exceptional subscriber experiences and expand revenue streams. With thousands of vCMTS servers and hundreds of thousands of RPDs deployed globally, Harmonic powers next-generation broadband services with five-nines reliability. Anchored with a customer-first approach and driven by a legacy of innovation, Harmonic supports broadband service providers at every stage of their network evolution. More information is available at www.harmonicinc.com. 

Legal Notice Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including, but not limited to, statements related to our expectations regarding: net revenue; gross margins; operating expenses; operating income (loss), including stranded costs associated with the disposition of the Video business; tax expense and tax rate, and net income (loss) per diluted share. Our expectations regarding these matters may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially from those projected. These risks include, but are not limited to, in no particular order, the following: customer concentration and consolidation; loss of one or more key customers; delays or decreases in capital spending in the cable or telco industries; the possibility that our products will not generate sales that are commensurate with our expectations or that our cost of revenue or operating expenses may exceed our expectations; the market and technology trends underlying our Broadband business will not continue to develop in their current direction or pace; the impact of tariffs and general economic conditions on our sales and operations; the mix of products and services sold in various geographies and the effect it has on gross margins; our ability to develop new and enhanced products in a timely manner and market acceptance of our new or existing products; risks associated with our international operations; exchange rate fluctuations of the currencies in which we conduct business; risks associated with our cOS™ product solutions; dependence on various broadband industry trends; inventory management; the lack of timely availability or the impact of increases in the prices of parts or raw materials necessary to produce our products; the effect of competition, on both revenue and gross margins; difficulties associated with rapid technological changes in our markets; risks associated with unpredictable sales cycles; our dependence on contract manufacturers and sole or limited source suppliers; stock repurchases may not be conducted in the timeframe or in the manner we expect, or at all; and the impact on our business of natural disasters. In some cases, you can identify forward-looking statements by terminology such as, “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “believes,” “intends,” “estimates,” “predicts,” “potential,” or “continue” or the negative of these terms or other comparable terminology. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in Harmonic’s filings with the Securities and Exchange Commission, including our most recent Annual Report on Form 10-K for the year ended December 31, 2025, our most recent Quarterly Report on Form 10-Q and our Current Reports on Form 8-K. The forward-looking statements in this press release are based on information available to the Company as of the date hereof, and Harmonic disclaims any obligation to update any forward-looking statements.

Use of Non-GAAP Financial Measures

The Company reports its financial results in accordance with accounting principles generally accepted in the United States (“GAAP” or referred to herein as “reported”). However, management believes that certain Non-GAAP financial measures provide management and other users with additional meaningful financial information that should be considered when assessing our ongoing performance. Our management regularly uses our supplemental Non-GAAP financial measures internally to understand, manage and evaluate our business, establish operating budgets, set internal measurement targets and make operating decisions.

These Non-GAAP measures are not in accordance with, or an alternative for, measures prepared in accordance with generally accepted accounting principles and may be different from Non-GAAP measures used by other companies. In addition, these Non-GAAP measures are not based on any comprehensive set of accounting rules or principles. The Company believes that Non-GAAP measures have limitations in that they do not reflect all of the amounts associated with Harmonic’s results of operations as determined in accordance with GAAP and that these measures should only be used to evaluate Harmonic’s results of operations in conjunction with the corresponding GAAP measures.

The Company believes that the presentation of Non-GAAP measures, when shown in conjunction with the corresponding GAAP measures, provide useful information to investors and management regarding financial and business trends relating to its financial condition and its historical and projected results of operations. Non-GAAP financial measures should be viewed in addition to, and not as an alternative to, the Company’s reported results prepared in accordance with GAAP.

The Non-GAAP measures presented here are: Gross profit, operating expenses, income (loss) from operations, non-operating expenses and net income (loss), and net income (loss) per diluted share. The presentation of Non-GAAP information is not intended to be considered in isolation or as a substitute for results prepared in accordance with GAAP, and is not necessarily comparable to Non-GAAP results published by other companies. A reconciliation of the historical Non-GAAP financial measures discussed in this press release to the most directly comparable historical GAAP financial measures is included with the financial statements provided with this press release. The Non-GAAP adjustments described below have historically been excluded from our GAAP financial measures.

Our Non-GAAP financial measures reflect adjustments based on the following items, as well as the related income tax effects:

Stock-based compensation – Although stock-based compensation is a key incentive offered to our employees, we continue to evaluate our business performance excluding stock-based compensation expenses. We believe that management is limited in its ability to project the impact stock-based compensation would have on our operating results. In addition, for comparability purposes, we believe it is useful to provide a Non-GAAP financial measure that excludes stock-based compensation in order to better understand the long-term performance of our core business and to facilitate the comparison of our results to the results of our peer companies.

Non-recurring advisory fees – There were non-recurring costs that we excluded from Non-GAAP results relating to professional accounting, tax and legal fees associated with strategic corporate initiatives.

Divestiture related employee compensation costs – There were non-recurring costs that we excluded from Non-GAAP results relating to employee compensation costs resulting from the divestiture.

Discrete tax items and tax effect of Non-GAAP adjustments – The income tax effect of Non-GAAP adjustments relates to the tax effect of the adjustments that we incorporate into Non-GAAP financial measures in order to provide a more meaningful measure of Non-GAAP net income. This non-recurring adjustment has been excluded from the Company’s non-GAAP tax rate and non-GAAP financial measures, as management believes exclusion of this item provides more meaningful period-to-period comparisons of ongoing operating performance

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SOURCE Harmonic Inc.

Commitment marks the inaugural deployment of Almanac’s Horizon vehicle, established in partnership with Australian Retirement Trust

Accelerates AmCap’s grocery-anchored and necessity retail acquisition strategy across major U.S. metropolitan markets

Almanac will also make an investment directly into the AmCap operating business in addition to its capital commitment

NEW YORK, Aug. 12, 2026 /PRNewswire/ — Almanac Realty Investors (“Almanac”), the private real estate arm of Neuberger, a global investment manager, has committed $250 million of growth capital to Stamford, Connecticut-based AmCap Ventures (“AmCap”), a privately-held, vertically-integrated real estate company founded in 1979. The commitment marks the inaugural deployment of Almanac’s Horizon Fund (“Horizon”), a $1 billion investment vehicle established in partnership with Australian Retirement Trust (“ART”).

The growth capital will be used with the goal of accelerating AmCap’s proven strategy of acquiring grocery-anchored and necessity retail shopping centers across top-tier U.S. metropolitan markets, in particular densely populated submarkets supported by compelling population demographics and high barriers to entry. Concurrent with the closing, the firm will transition to operating as “ACX”, marking the next chapter of a platform built over more than four decades.

“We are pleased to partner with Almanac and ART on the inaugural Horizon investment. Their conviction in necessity retail mirrors our own, and we see significant opportunity to expand our footprint in the dense, supply-constrained markets that have defined our firm since 1979,” said Jake Bisenius, AmCap CEO.

Concurrently with the closing of the partnership, AmCap acquired a portfolio of eight open-air retail assets totaling approximately 771,000 square feet across California, Arizona, Colorado, Nevada, Oregon, Iowa, and Kansas. The portfolio is anchored by leading regional and national grocers including Whole Foods, Sprouts, Trader Joe’s and WinCo Foods. The acquisition will further AmCap’s geographic expansion initiatives into high-growth Western and Sun Belt markets. The acquisition brings AmCap’s owned and operated portfolio to 32 institutional-quality retail properties totaling approximately 5.0 million square feet across major US market regions.

“AmCap is a seasoned, operationally driven real estate platform with a demonstrated track record of acquiring and operating retail assets across high-growth U.S. markets. Under the leadership of Jake Bisenius and team, the company is well-positioned to execute on an attractive pipeline of acquisitions where hands-on management and leasing capabilities will drive outsized risk-adjusted returns” said Justin Hakimian, Managing Director at Almanac.

The investment was deployed through Almanac’s Horizon Fund (“Horizon”), a $1 billion investment vehicle established by Almanac in partnership with Australian Retirement Trust (“ART”). This transaction represents Horizon’s inaugural capital commitment.

“We welcome this investment in AmCap, a specialist US retail real estate operating platform with an established track record in grocery-anchored and necessity-based retail. This investment provides ART members with exposure to a sector supported by resilient consumer demand, limited new supply and experienced local operating capability, and reflects our long-term strategy of partnering with experienced operators in sectors with strong underlying fundamentals” said Michael Weaver, General Manager – Mid Risk Assets, Australian Retirement Trust.

Horizon was established as a fund-of-one to target U.S. real estate operating companies within the core and core-plus risk-return profile — a strategy distinct from Almanac’s value-add closed-end fund series and reflecting Almanac’s long-held conviction that lower-leveraged, stabilized operating platforms with embedded management teams offer a compelling and differentiated return profile for institutional capital. For Australian Retirement Trust, Horizon represents the fund’s first dedicated strategy focused solely on real estate operating companies, deepening ART’s allocation to the sector as the fund pursues a longer-term target of 25% of its real estate portfolio invested in operating company structures. The selection of AmCap as Horizon’s first portfolio company reflects Almanac’s conviction in necessity retail as a structurally resilient asset class, and in AmCap’s vertically integrated platform as an institutionally mature operator with a demonstrable track record of acquiring and repositioning grocery-anchored assets across supply-constrained, high-barrier U.S. markets.

About AmCap
Founded in 1979, AmCap is a vertically integrated private equity real estate firm headquartered in Stamford, Connecticut, with an additional office in Denver, Colorado. The firm focuses exclusively on the acquisition and management of grocery-anchored and necessity retail centers in top 100 U.S. MSAs, targeting assets anchored by the dominant regional grocer in high-income, dense, high-barrier-to-entry markets. AmCap’s vertically integrated platform encompasses acquisition, leasing, asset management, property management, and disposition capabilities in-house, with an executive team averaging nearly 20 years of tenure. AmCap.com Today, AmCap manages more than $1 billion of gross assets across approximately 5.0 million square feet in 24 states, with approximately $3 billion of core, core-plus, and value-add grocery-anchored transactions closed since inception.

About Almanac Realty Investors
Almanac Realty Investors, a business unit of Neuberger, is a leading provider of growth capital to private and public real estate companies. Originally founded in 1981 under the name Rothschild Realty, Almanac Realty Investors partners with established owner-operators in all sectors of the real estate market to accelerate company growth and has committed more than $8.8 billion in capital to 55 real estate companies, both private and public, throughout North America. For more information, visit www.almanacrealty.com.

About Neuberger
Neuberger is an employee-owned, private, independent investment manager founded in 1939 with approximately 3,000 employees across 26 countries. The firm manages $613 billion of equities, fixed income, private markets, real estate and hedge fund portfolios for global institutions, advisors and individuals. Neuberger’s investment philosophy is founded on active management, fundamental research and engaged ownership. The firm is proud to be recognized for its commitment to its two constituents, clients and employees. Again this past year, we were named Best Asset Manager for Institutional Investors in the US (Crisil Coalition Greenwich) and the #1 Best Place to Work in Money Management (Pensions & Investments, firms with more than 1,000 employees). Neuberger has no corporate parent or unaffiliated external shareholders. Visit www.nb.com for more information, including www.nb.com/disclosure-global-communications for information on awards. Data as of June 30, 2026.

About Australian Retirement Trust
Australian Retirement Trust is one of Australia’s largest super funds. More than 2.4 million Australians trust us to take care of over $370 billion of their retirement savings. We’re here to help our members retire well with confidence, focused on strong long-term investment returns, lower fees and providing information and access to advice our members need to manage their super and retirement.

This is general advice and information only. It’s not based on your personal objectives, financial situation or needs. Think about your personal circumstances and read the relevant Product Disclosure Statement and Target Market Determination at art.com.au/pds before you make any decision about our products. And if you’re still not sure, talk with a financial adviser.

This information and all products are issued by Australian Retirement Trust Pty Ltd ABN 88 010 720 840, AFSL 228975, trustee of Australian Retirement Trust ABN 60 905 115 063 (‘the Fund’ or ‘ART’).

Media Contacts

Neuberger: externalcomms@nb.com 

All Neuberger figures are as of March 31, 2026, unless otherwise noted, and are subject to change without notice. The firm data, including employees and assets under management, reflect the collective data of the various affiliated investment advisors who are subsidiaries of Neuberger Berman Group LLC. The company history/timeline includes the history of all the company’s subsidiaries, including predecessor companies and acquisitions.

This material is issued on a limited basis through various global subsidiaries and affiliates of Neuberger Berman Group LLC. Please visit www.nb.com/disclosure-global-communications to learn about each company and the legal restrictions. The name “Neuberger” and logo are service marks of Neuberger Berman Group LLC.

© 2026 Neuberger Berman Group LLC. All rights reserved.

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SOURCE Neuberger Berman