Yaacov Nagar sells 374water (SCWO) shares worth $390

Published 10/10/2025, 01:52
Yaacov Nagar sells 374water (SCWO) shares worth $390

Yaacov Nagar, a ten percent owner of 374Water Inc (NASDAQ:SCWO), sold 1,000 shares of common stock on October 7, 2025, at a price of $0.39, for a total value of $390. Following the transaction, Nagar directly owns 35,757,325 shares of the company. The sale comes amid significant stock volatility, with SCWO showing a remarkable 93% gain in the past week and 138% surge over six months, despite trading below InvestingPro’s Fair Value estimate. The company maintains strong liquidity with a current ratio of 2.61, though it faces profitability challenges.Want deeper insights into insider trading patterns and 20+ additional key metrics? Access the comprehensive Pro Research Report for SCWO, available exclusively on InvestingPro.

In other recent news, 374Water Inc. announced its Q2 2025 earnings, reporting a significant increase in revenue to $600,000, up from $37,000 the previous year. This growth was attributed to an expansion in demonstration services and treatability studies. However, the company also reported a larger net loss of $4.6 million, compared to $2.9 million in the same quarter of the previous year. 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 has been named Senior Vice President of Investor Relations, bringing over two decades of experience to the role. The company also highlighted a successful operation using its AirSCWO system, achieving over 99.99% destruction of toxic PFAS in landfill leachate. Furthermore, several insiders, including former CEO Chris Gannon, recently purchased shares, indicating confidence in the company’s technology and future prospects.

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