Yaacov Nagar sells 374water (SCWO) shares worth $40,629

Published 26/06/2025, 00:40
Yaacov Nagar sells 374water (SCWO) shares worth $40,629

Yaacov Nagar, a ten percent owner of 374Water Inc. (NASDAQ:SCWO), has sold a total of 96,137 shares of common stock in two separate transactions. The sales occurred on June 23 and June 24, 2025, with prices ranging from $0.4224 to $0.423 per share, totaling $40,629. The transactions come as the company’s stock, currently trading at $0.39, has declined nearly 64% over the past year. According to InvestingPro analysis, the stock appears undervalued despite its $58.64M market capitalization.

On June 23, Nagar sold 36,191 shares. Following this transaction, Nagar directly owns 36,145,046 shares of 374Water Inc.

The following day, June 24, Nagar sold an additional 59,946 shares. After this transaction, Nagar directly owns 36,085,100 shares of the company.

In other recent news, 374Water Inc. reported its first-quarter 2025 earnings, highlighting a 72.4% increase in revenue to $543,000, despite a widening net loss of $3.7 million due to rising operating expenses. The company’s revenue growth was primarily driven by its waste management solutions, but the financial strain remains a concern for investors. Additionally, 374Water has set a revenue target of $4 million to $6 million for 2025, with a longer-term goal of reaching $250 million to $500 million annually within five years. The company is actively pursuing strategic partnerships and commercial opportunities, including a significant collaboration with Crystal Clean, which could generate $12 million to $20 million annually. Analysts from Sidoti have taken note of these developments, particularly the potential revenue from the Crystal Clean partnership. Furthermore, 374Water is involved in a Department of Defense demonstration and a project with the University of North Carolina, both expected to contribute to future growth. The company continues to focus on expanding its technology and market reach, despite the challenges in scaling its operations and managing costs effectively.

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