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Director Yaacov Nagar of 374Water Inc (NASDAQ:SCWO) sold 51,598 shares of common stock on June 18, 2025, according to a recent SEC Form 4 filing. The shares were sold at prices ranging from $0.400 to $0.402, with the transaction resulting in a total value of $20,742. The sale comes as the company’s stock has declined nearly 64% over the past year, with the current market capitalization standing at approximately $59 million. According to InvestingPro analysis, the company maintains a strong cash position relative to debt, though it shows an overall weak financial health score.
Following the transaction, Nagar directly owns 36,181,237 shares of 374Water Inc. Want deeper insights into 374Water’s financial health and valuation? InvestingPro subscribers have access to over 15 additional exclusive tips and comprehensive analysis, including detailed Fair Value estimates and growth projections.
This Form 4 filing amends a previous filing made on the same date to correct the number of common stock sold.
In other recent news, 374Water Inc. reported a significant 72.4% increase in revenue for the first quarter of 2025, totaling $543,000. Despite this revenue growth, the company faced a widening net loss of $3.7 million, attributed to a 6% rise in operating expenses, which reached $3.9 million. The company’s cash and cash equivalents decreased to $6.9 million from $10.7 million, raising investor concerns about financial health. 374Water is optimistic about future growth, projecting revenues between $4 million and $6 million for 2025, with longer-term goals of $250 million to $500 million annually. The company is actively expanding its market presence and developing its AirSquo system models, which are expected to drive future growth. Additionally, 374Water has entered into a waste destruction services term sheet with Crystal Clean, which may generate annual revenues between $12 million and $20 million. Analysts from Sidoti have shown interest in these developments, highlighting the potential of the Crystal Clean partnership and upcoming Department of Defense demonstrations. These recent developments underscore 374Water’s efforts to achieve profitability and expand its market reach.
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