TSX lower after index logs fresh record closing high
Yaacov Nagar, a ten percent owner of 374Water Inc (NASDAQ:SCWO), a company currently valued at $59.49 million, sold a total of 177,289 shares of common stock in two separate transactions. The stock has shown significant volatility, gaining nearly 14% in the past week despite trading at $0.40, well below its 52-week high of $1.99. On September 5, 2025, Nagar sold 122,439 shares at a weighted average price of $0.3928, in a range of $0.3900 to $0.3999. Then, on September 8, 2025, Nagar sold 54,850 shares at a weighted average price of $0.3993, in a range of $0.3901 to $0.4127. The combined value of the shares sold is $69,995.
Following these transactions, Nagar directly owns 35,758,325 shares of 374Water Inc.
In other recent news, 374Water Inc. reported its Q2 2025 earnings, revealing a substantial increase in revenue to $600,000, up from $37,000 in the previous year. This growth was attributed to the expansion in demonstration services and treatability studies. However, the company also reported a net loss of $4.6 million, which is an increase from the $2.9 million loss in Q2 2024. In addition to financial updates, 374Water successfully destroyed toxic PFAS in landfill leachate using its AirSCWO system, achieving over 99.99% destruction of the compounds. This development highlights the effectiveness of their supercritical water oxidation technology. Furthermore, several company insiders, including President and CEO Chris Gannon, purchased shares of the company’s stock, signaling confidence in the company’s technology and future prospects. These transactions were made in the open market and reflect a positive outlook from the company’s leadership.
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