374Water Announces the Appointment of Stephen J. Jones as Chairperson of the Board of Directors and Concurrent Management Open Market Purchases of SCWO Common Stock

Core Viewpoint - 374Water Inc. has announced a reverse stock split of 1-for-10 to comply with Nasdaq listing rules and enhance its market appeal, alongside leadership changes and stock purchases by management [3][5][4]. Leadership Changes - Stephen J. Jones has been appointed as Chairperson of the Board of Directors, replacing Rene Estes, and he continues as Interim President and CEO [1][4]. - James Pawlowski has been appointed as Lead Independent Director [1]. Stock Purchase Activity - Stephen J. Jones completed an open market purchase of 450,000 shares of 374Water common stock, with additional purchases made by other management members [2][4]. Reverse Stock Split Details - The reverse stock split was approved at the special meeting of stockholders on December 15, 2025, and will take effect on December 26, 2025 [3][6]. - The split aims to maintain compliance with Nasdaq's minimum bid price requirement and attract a broader range of institutional and retail investors [5][6]. Company Overview - 374Water Inc. is a leader in organic waste destruction technology, providing solutions for wastewater treatment and waste management across industrial, municipal, and federal markets [7]. - The company's AirSCWO technology efficiently destroys a wide range of organic wastes, producing safe dischargeable water and recoverable heat energy [7].