NET Power Inc.
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Morning Market Movers: CDTX, BCG, IVVD, TSSI See Big Swings
RTTNews· 2025-11-14 12:04
Core Insights - Premarket trading is showing notable activity with significant price movements indicating potential opportunities for traders before the market opens [1] Premarket Gainers - Cidara Therapeutics, Inc. (CDTX) is up 91% at $203.18 - Binah Capital Group, Inc. (BCG) is up 45% at $2.07 - Invivyd, Inc. (IVVD) is up 42% at $2.52 - Omeros Corporation (OMER) is up 15% at $7.25 - The Oncology Institute, Inc. (TOI) is up 12% at $3.47 - AlphaVest Acquisition Corp (ATMV) is up 11% at $7.99 - ARB IOT Group Limited (ARBB) is up 7% at $7.31 - Hyperion DeFi, Inc. (HYPD) is up 6% at $5.27 - TruGolf Holdings, Inc. (TRUG) is up 6% at $2.02 - Boqii Holding Limited (BQ) is up 5% at $2.24 [3] Premarket Losers - TSS, Inc. (TSSI) is down 40% at $9.12 - StubHub Holdings, Inc. (STUB) is down 20% at $15.02 - ESS Tech, Inc. (GWH) is down 20% at $3.38 - Red Cat Holdings, Inc. (RCAT) is down 17% at $6.38 - WhiteFiber, Inc. (WYFI) is down 15% at $16.81 - New Era Energy & Digital, Inc. (NUAI) is down 13% at $3.66 - NET Power Inc. (NPWR) is down 11% at $2.62 - Korro Bio, Inc. (KRRO) is down 9% at $5.90 - Anavex Life Sciences Corp. (AVXL) is down 8% at $5.20 - Interactive Strength Inc. (TRNR) is down 5% at $2.47 [4]
NET Power: Steady Progress And Solid Cash Balance
Seeking Alpha· 2025-10-12 08:57
Group 1 - The article discusses the analysis of oil and gas companies, focusing on identifying undervalued names within the sector [1] - NET Power (NYSE: NPWR) is characterized as a "work in progress," with its stock trading near its cash balance per share [2] - The oil and gas industry is described as cyclical, requiring patience and experience for successful investment [2]
NET POWER ALERT: Bragar Eagel & Squire, P.C. is Investigating NET Power, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-09-04 20:26
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against NET Power, Inc. due to a class action complaint alleging breaches of fiduciary duties by the company's board of directors during the specified class period [1][3]. Company Overview - NET Power is a clean energy technology company focused on its "Net Power Cycle" technology, which aims to generate reliable and affordable electricity from natural gas while capturing nearly all emissions [2]. - The company operates a demonstration facility in La Porte, Texas, to validate its technology and is developing its first utility-scale plant, Project Permian, located in the Permian Basin of West Texas [2]. - The estimated cost for Project Permian has increased from approximately $950 million in 2023 to $1.1 billion in 2024, with expectations for the project to be operational by 2026 [2]. Allegations and Complaints - The class action complaint alleges that NET Power's management made materially false and misleading statements regarding the company's operations and prospects, particularly concerning the completion timeline and cost of Project Permian [3]. - Specific allegations include that the company is unlikely to complete Project Permian on schedule and that the project will incur significantly higher costs due to supply chain issues and other challenges [3]. - The complaint asserts that these misrepresentations have negatively impacted the company's business and financial results [3].
NET Power: Unlocking Value After The Hype Fades
Seeking Alpha· 2025-07-21 10:12
Group 1 - The article discusses the analysis of oil and gas companies, focusing on identifying undervalued names within the industry, including aspects like balance sheets, competitive positions, and development prospects [1] - NET Power (NYSE: NPWR) is highlighted as a new public company facing challenges in achieving profitability, which is taking longer than expected according to market reactions [2] - The oil and gas industry is characterized as a boom-bust, cyclical sector, requiring patience and experience for successful investment [2] Group 2 - The article emphasizes the importance of thorough analysis and understanding of the oil and gas sector for potential investors [1] - It suggests that the current market sentiment may not align with the long-term profitability outlook presented by NET Power's management [2]
Kuehn Law Encourages Investors of NET Power Inc. to Contact Law Firm
GlobeNewswire News Room· 2025-07-02 14:22
Core Viewpoint - Kuehn Law, PLLC is investigating potential breaches of fiduciary duties by officers and directors of NET Power Inc. related to misleading statements about Project Permian [1][2] Group 1: Allegations of Misrepresentation - Insiders at NET Power allegedly caused the company to misrepresent the likelihood of completing Project Permian on schedule, indicating it would be significantly more expensive due to supply chain issues and site-specific challenges [2] - Projections regarding the time and capital needed to complete Project Permian were deemed unrealistic, suggesting a significant negative impact on the company's business and financial results [2] - Public statements made by NET Power were materially false and misleading at all relevant times, according to the federal securities lawsuit [2] Group 2: Shareholder Actions - Shareholders who purchased NPWR shares prior to June 9, 2023, are encouraged to contact Kuehn Law for potential legal action, as there may be limited time to enforce their rights [3] - Kuehn Law offers to cover all case costs and does not charge investor clients, emphasizing the importance of shareholder participation in maintaining market integrity [4]
Investors in NET Power, Inc. Should Contact Levi & Korsinsky Before June 17, 2025 to Discuss Your Rights – NPWR
GlobeNewswire News Room· 2025-06-10 17:07
Core Viewpoint - NET Power, Inc. is facing a class action securities lawsuit due to alleged securities fraud that affected investors between June 9, 2023, and March 7, 2025 [1] Group 1: Allegations and Impact - The lawsuit claims 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 site-specific challenges [2] - Defendants' projections regarding the time and capital needed to complete Project Permian were deemed unrealistic, which could negatively impact the Company's business and financial results [2] - Public statements made by the defendants were materially false and misleading throughout the relevant period [2] Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until June 17, 2025, to request to be appointed as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees, and there is no obligation to participate [3] Group 3: Firm Background - Levi & Korsinsky has a strong track record in securing compensation for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4]
NET Power, Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm for More Information - NPWR
Prnewswire· 2025-06-09 09:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of NET Power, Inc. regarding a class action lawsuit due to allegations of misleading statements and failure to disclose critical information related to Project Permian [1]. Group 1: 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 site-specific challenges [1]. - Defendants' projections regarding the time and capital needed to complete Project Permian were deemed unrealistic [1]. - The increased time and capital requirements for Project Permian are likely to negatively impact the company's business and financial results [1]. - Public statements made by the defendants were materially false and misleading throughout the relevant period [1]. Group 2: Class Action Details - The class period for the lawsuit is from June 9, 2023, to March 7, 2025 [1]. - Shareholders are encouraged to register for the class action by June 17, 2025, to potentially be appointed as lead plaintiffs [2]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [2]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [3].
DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of NET Power
GlobeNewswire News Room· 2025-06-06 14:16
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against NET Power Inc. due to allegations of misleading statements regarding Project Permian's timeline and costs, which have led to significant stock price declines and investor losses [3][5][8]. Group 1: Allegations and Legal Actions - The complaint alleges that NET Power and its executives violated federal securities laws by making false statements and failing to disclose that Project Permian was unlikely to be completed on schedule and would be significantly more expensive than previously stated [5]. - Investors are reminded of the June 17, 2025 deadline to seek the role of lead plaintiff in a federal securities class action against NET Power [3]. - The law firm encourages investors who suffered losses in NET Power to contact them directly to discuss their legal options [1][11]. Group 2: Financial Impact and Stock Performance - On November 14, 2023, NET Power announced a significant delay in Project Permian, pushing the expected operational date from 2026 to between the second half of 2027 and the first half of 2028, resulting in an 18.54% drop in stock price [6][7]. - On March 10, 2025, NET Power disclosed that the total installed cost for Project Permian is now estimated to be between $1.7 billion and $2.0 billion, significantly higher than the previous estimate of $1.1 billion, leading to a 31.46% decline in stock price [8]. - Following the announcement of executive departures on April 15, 2025, NET Power's stock price fell by 5.75% [9].
NET Power, Inc. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky Before June 17, 2025 to Discuss Your Rights - NPWR
Prnewswire· 2025-06-06 09:45
Core Viewpoint - A class action securities lawsuit has been filed against NET Power, Inc. alleging securities fraud that negatively impacted investors between June 9, 2023, and March 7, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims 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 site-specific challenges [2]. - Defendants' projections regarding the time and capital needed to complete Project Permian were deemed unrealistic, which could significantly harm the Company's business and financial results [2]. - Public statements made by the defendants were materially false and misleading throughout the relevant period [2]. Group 2: Next Steps for Investors - Investors who suffered losses in NET Power, Inc. during the specified timeframe have until June 17, 2025, to request to be appointed as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, with no obligation to participate [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securing compensation for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of June 17, 2025 in NET Power, Inc. Lawsuit – NPWR
GlobeNewswire News Room· 2025-06-05 17:09
Core Viewpoint - A class action securities lawsuit has been filed against NET Power, Inc. alleging securities fraud that affected investors between June 9, 2023, and March 7, 2025 [1][2]. Group 1: Allegations of Fraud - The lawsuit claims 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 site-specific challenges [2]. - Defendants' projections regarding the time and capital needed to complete Project Permian were deemed unrealistic, which could negatively impact the Company's business and financial results [2]. - Public statements made by the defendants were materially false and misleading throughout the relevant period [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until June 17, 2025, to request to be appointed as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, and there is no obligation to participate [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4].