NET Power Inc. Investors: Please contact the Portnoy Law Firm to recover your losses; June 17, 2025 Deadline to file Lead Plaintiff Motion

Core Viewpoint - A class action lawsuit has been filed against NET Power Inc. for allegedly making false or misleading statements regarding its Project Permian, which is now expected to be delayed and more costly than previously indicated [3][4]. Group 1: Class Action Details - The class action represents investors who purchased NET Power securities between June 9, 2023, and March 7, 2025, with a deadline to file a lead plaintiff motion by June 17, 2025 [1]. - The lawsuit claims that NET Power was unlikely to complete its Project Permian on schedule and that the project would incur significantly higher costs due to supply chain constraints and other challenges [3]. Group 2: Financial Impact - Following the announcement of a delay in the Project Permian timeline on November 14, 2023, NET Power's stock price fell by over 18% [4]. - The company added a 12-month cushion to its project schedule, with initial power generation now expected between the second half of 2027 and the first half of 2028, delaying the original 2026 start date [4].