374Water Announces Open-Market Purchases of Company Stock by Board Members and Senior Management
Rhea-AI Summary
374Water (NASDAQ:SCWO), a leader in organic waste destruction technology, announced that its Board members and senior management have made open-market purchases of company stock. CEO Chris Gannon emphasized that these purchases reflect confidence in the company's AirSCWO technology and future opportunities, noting a perceived disconnect between current stock price and potential value.
The company reports progress with its AS technology deployments and growing demand across municipal, federal, and industrial markets. Board Member Jim Pawloski expressed enthusiasm about the company's Waste Destruction Services business momentum. All transactions have been properly disclosed through Form 4 filings with the SEC.
Positive
- Insider buying demonstrates management's confidence in company's future
- Growing demand across multiple markets (municipal, federal, industrial)
- Successful completion of numerous waste destruction projects
- Management alignment with shareholder interests
Negative
- Management indicates current stock price is disconnected from value, suggesting underperformance
News Market Reaction – SCWO
In the Sep 4 session, SCWO gained 10.30%, reflecting a significant positive market reaction. Argus tracked a peak move of +4.1% during that session. Argus tracked a trough of -15.3% from its starting point during tracking. Our momentum scanner triggered 7 alerts that day, indicating moderate trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
DURHAM, N.C., Sept. 03, 2025 (GLOBE NEWSWIRE) -- 374Water Inc. (NASDAQ: SCWO) (“374Water” or the “Company”), a global leader in organic waste destruction technology and services for the municipal, federal, and industrial markets, today announced recent open-market stock purchases by Company insiders, including Board members and senior management.
374Water President and CEO Chris Gannon, said, “These share purchases underscore our confidence in 374Water’s vision and the tremendous opportunities ahead for our AirSCWO ("AS") technology. We believe there is a significant disconnect between our current price and the value we can deliver in the coming years. We have made considerable progress and expect continued advances for our AS technology with ongoing system deployments. With the completion of numerous municipal, federal, and industrial waste destruction projects on a wide variety of solid and liquid waste streams, we are generating demand across these markets. These recent open-market purchases of our common stock should send a strong message that we are aligned with all our shareholders and look forward to additional milestones and announcements in the months ahead."
“We are excited about the execution of our strategy and growing momentum with our Waste Destruction Services business” said 374Water Board Member Jim Pawloski. “There is no better means of showing confidence in a public company than by purchasing it’s stock in the open market, and management and the Board of Directors remain invested in the success of the organization.”
Details of the transactions were disclosed as appropriate in Form 4 filings with the Securities and Exchange Commission.
About 374Water
374Water Inc. (NASDAQ: SCWO) is a global industrial technology and services company providing innovative solutions addressing wastewater treatment and waste management issues within the municipal, federal and industrial markets. 374Water's AirSCWO technology is designed to efficiently destroy and mineralize a broad spectrum of non-hazardous and hazardous organic wastes, producing safe dischargeable water streams, safe mineral effluent, safe vent gas, and recoverable heat energy. 374Water's AirSCWO technology has the potential to assist its customers to meet discharge requirements, reduce or eliminate disposal costs, remove bottlenecks, and reduce litigation and other risks. 374Water continues to be a leader in innovative waste treatment solutions, dedicated to creating a greener future and eradicating harmful pollutants. Learn more by visiting www.374water.com and follow us on LinkedIn.
Cautionary Language on Forward-Looking Statements
Certain statements in this communication are "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements relate to future events or the Company’s future financial performance, including statements relating to the Company’s stock price, the Company’s ability to advance its AS technology, demand for the Company’s solutions, whether the Company’s will achieve milestones, and the Company’s future prospects and involve known and unknown risks, uncertainties, and other factors that may cause the Company’s actual results, levels of activity, performance, or achievements or those of its industry to be materially different from those expressed or implied by any forward-looking statements. In some cases, forward-looking statements may be identified by the use of words like "may," "will," "could," "would," "should," "expect," "plan," "anticipate," "intend," "believe," "estimate," "project," "consider," "predict," "potential," "feel," or other comparable terminology. The Company has based these forward-looking statements on its current expectations, assumptions, estimates, beliefs, and projections. While the Company believes these expectations, assumptions, estimates, and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which involve factors or circumstances that are beyond the Company's control. These and other important factors, including those discussed under "Risk Factors" in the Company’s Form 10-K for the year ended December 31, 2024, Form 10-Q for the quarter ended March 31, 2025, and Form 10-Q for the quarter ended June 30, 2025, as well as the Company's subsequent filings with the SEC, may cause actual results, performance, or achievements to differ materially from those expressed or implied by these forward-looking statements. The forward-looking statements herein are made only as of the date they were first issued, and unless otherwise required by applicable securities laws, the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
Investor Relations and Media Contact
Chris Tyson
Executive Vice President
MZ North America
Direct: 949-491-8235
SCWO@mzgroup.us
www.mzgroup.us
