374Water Announces Settlement of Claim

Core Viewpoint - 374Water Inc. has reached a settlement with its co-founder and former CEO, Yaacov (Kobe) Nagar, regarding an employment claim, which both parties view as a positive step towards future collaboration [1][2][3] Company Overview - 374Water Inc. is a global leader in organic waste destruction technology, focusing on municipal, federal, and industrial markets [1][4] - The company's AirSCWO technology is designed to efficiently destroy and mineralize a wide range of organic wastes, producing safe dischargeable water, mineral effluent, vent gas, and recoverable heat energy [4] - 374Water's destruction capacity ranges from 1 ton per day to over 200 tons per day, offering both capital sale and lease options, as well as turn-key waste destruction services [4] Settlement Details - The terms of the settlement with Mr. Nagar are confidential, but both parties express satisfaction with the resolution and a commitment to a productive future [2][3] - The CEO of 374Water, Chris Gannon, emphasized the value of Mr. Nagar's contributions and the excitement for future collaboration [3]