The Gross Law Firm Reminds NET Power, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of June 17, 2025 – NPWR

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of NET Power, Inc. regarding a class action lawsuit due to alleged misleading statements and failure to disclose critical information during the class period from June 9, 2023, to March 7, 2025 [1][3]. Summary by Relevant Sections Allegations - The complaint alleges that NET Power was unlikely to complete its first utility-scale plant, Project Permian, on schedule and that the project would be significantly more expensive than previously represented due to supply chain issues and various site-specific challenges [3]. - It is claimed that the projections regarding the time and capital needed to complete Project Permian were unrealistic [3]. - The increased time and capital requirements for Project Permian are expected to negatively impact the company's business and financial results [3]. - As a result, the public statements made by the defendants were materially false and misleading throughout the relevant period [3]. Class Action Details - The class period for the lawsuit is defined as June 9, 2023, to March 7, 2025 [3]. - Shareholders are encouraged to register for the class action by June 17, 2025, to potentially be appointed as lead plaintiffs [4]. - There is no cost or obligation for shareholders to participate in the case [4]. Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered due to deceit, fraud, and illegal business practices [5]. - The firm aims to ensure that companies adhere to responsible business practices and seeks recovery for investors who incurred losses from misleading statements or omissions that led to artificial inflation of stock prices [5].