374Water to seek shareholder approval for reverse stock split

MORRISVILLE, N.C. - 374Water Inc. (NASDAQ:SCWO), a waste destruction technology provider currently trading at $0.46 with a market capitalization of $73.6 million, announced Friday it has filed a preliminary proxy statement for a Special Meeting of Stockholders on December 15, 2025, seeking approval for a reverse stock split.

The company is requesting stockholder approval for a reverse split of its common stock at a ratio between 1-for-8 and 1-for-20. If approved, the stock would trade on a split-adjusted basis starting December 26, 2025. According to InvestingPro, the stock has shown high price volatility and currently trades 76% below its 52-week high of $1.95.

"This proposal is intended to support long-term shareholder value and give us optionality in preserving our listing on Nasdaq and pursuing additional financing options to grow our business," said Stephen J. Jones, Interim President and CEO of 374Water, according to the press release.

The company stated the reverse split would not affect any stockholder’s proportional ownership or relative investment value, aside from minor adjustments due to fractional shares. The board reserves the right to abandon the split even after receiving shareholder approval.

374Water also reported it has recently raised approximately $7 million through an at-the-market facility, extending its cash runway into the second quarter of 2026. While InvestingPro analysis shows the company holds more cash than debt and maintains a healthy current ratio of 2.61, it also indicates rapid cash burn - crucial insights available in the comprehensive Pro Research Report. The company noted that board members and senior management have made open-market stock purchases, and a Minimum Equity Ownership Policy for directors has been implemented.

The company plans to hold a conference call on November 12, 2025, to discuss its third-quarter results and business progress.

374Water develops AirSCWO technology designed to destroy organic wastes and produce safe dischargeable water streams. The company trades on the Nasdaq under the ticker SCWO, with analysts projecting revenue growth of 58% for fiscal year 2025. Get the full picture with InvestingPro’s detailed analysis and Fair Value assessment.

The information in this article is based on a press release statement from 374Water.

In other recent news, 374Water Inc. reported a significant surge in revenue for Q2 2025, reaching $600,000, a notable increase from $37,000 the previous year. This growth was attributed to an expansion in demonstration services and treatability studies. However, the company also experienced a larger-than-expected net loss of $4.6 million, compared to $2.9 million in Q2 2024. In a strategic move, 374Water appointed Stephen J. Jones as interim President and CEO, following the departure of Chris Gannon. The company is focusing on the commercialization of its supercritical water oxidation technology. Additionally, Jim Siccardi was named Senior Vice President of Investor Relations, bringing over two decades of experience to the role. Recent insider purchases of company stock by board members and senior management, including former CEO Chris Gannon, indicate confidence in the company’s AirSCWO technology and future prospects. 374Water also announced the successful destruction of toxic PFAS in landfill leachate using its AirSCWO system, achieving over 99.99% destruction of the compounds.

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