D. Boral Capital Served as Exclusive Placement Agent to 374Water Inc. (Nasdaq: SCWO) in connection with its $12.2 Million Registered Direct Offering

Core Viewpoint - 374Water Inc. has entered into a securities purchase agreement to raise approximately $12.2 million through a registered direct offering of common stock and warrants [1][2]. Group 1: Offering Details - The company will sell 9,783,496 shares of common stock and warrants to purchase 14,675,244 shares of common stock [1]. - The exercise price for the warrants is set at $1.125 per share, and they will expire five years from the initial exercise date [1]. - The purchase price for one share of common stock and 1.5 warrants is $1.25 [1]. Group 2: Financial Aspects - Gross proceeds from the offering are estimated to be approximately $12.2 million before deducting placement agent fees and other estimated expenses [2]. - The offering is expected to close on or about November 18, 2024, pending customary closing conditions [2]. Group 3: Legal and Regulatory Information - D. Boral Capital LLC is acting as the exclusive placement agent for the offering [3]. - The offering is conducted under a "shelf" registration statement filed with the SEC, which was declared effective on December 30, 2022 [4]. Group 4: Company Overview - 374Water Inc. is a global cleantech company focused on innovative solutions for wastewater treatment and waste management [6]. - The company's AirSCWO technology is designed to efficiently destroy and mineralize a wide range of organic wastes, producing safe dischargeable water streams and recoverable heat energy [6]. - 374Water aims to assist customers in meeting discharge requirements, reducing disposal costs, and minimizing litigation risks [6].