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Yaacov Nagar, a ten-percent owner of 374Water Inc (NASDAQ:SCWO), sold a total of 534,211 shares of common stock in two separate transactions, according to a Form 4 filing with the Securities and Exchange Commission. The company, currently valued at $73.6 million, has shown strong cash management with more cash than debt on its balance sheet, according to InvestingPro data.
On October 22, 2025, Nagar sold 61,000 shares of 374Water Inc. at a weighted average price of $0.4210, for a total value of $25,681. This transaction was executed in multiple trades at prices ranging from $0.4208 to $0.4211. The following day, October 23, Nagar sold 473,211 shares at a weighted average price of $0.4340, for a total value of $205,373. These sales were executed in multiple trades at prices ranging from $0.420 to $0.5229. The total value of shares sold was $231,054. The stock, which has shown high price volatility, is currently trading at $0.46, significantly below its 52-week high of $1.95.
Following these transactions, Nagar directly owns 32,112,632 shares of 374Water Inc. Despite recent price volatility, the stock has shown strong momentum with a 49% return over the past six months. Get comprehensive insights and 17 additional ProTips for SCWO with InvestingPro, including detailed analysis of the company’s financial health and growth prospects.
In other recent news, 374Water Inc. has filed a preliminary proxy statement for a Special Meeting of Stockholders, seeking approval for a reverse stock split 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. The company has also appointed Stephen J. Jones as interim President and CEO, following the departure of Chris Gannon. Additionally, Jim Siccardi has been named Senior Vice President of Investor Relations, bringing over 20 years of experience to the role. In a show of confidence, several company insiders, including board members and senior management, have recently purchased shares of the company’s stock. The company announced the successful destruction of toxic PFAS in landfill leachate using its AirSCWO system, achieving over 99.99% destruction of the compounds. These developments come as 374Water focuses on the commercialization of its supercritical water oxidation technology.
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