Board members and senior management of 374Water have declared their intentions to buy company stock openly in the stock market.
In the dynamic world of global industrial technology and services, 374Water Inc. (NASDAQ: SCWO) continues to make waves. The company, a leader in organic waste destruction technology and services for various markets, has recently seen its board members and senior management make open-market stock purchases.
Jim Pawloski, a board member actively involved in such transactions, expressed his excitement about the execution of the company's strategy and the growing momentum with its Waste Destruction Services business. He views insiders purchasing the company's stock as a strong indication of their confidence in 374Water's success.
The CEO of 374Water Inc., Chris Gannon, shares this sentiment. He stated that these share purchases reflect confidence in the company's vision and the opportunities for its AirSCWO technology.
The AirSCWO technology, a key asset for 374Water, is designed to efficiently destroy and mineralize a broad spectrum of organic wastes. It produces safe dischargeable water streams, safe mineral effluent, safe vent gas, and recoverable heat energy. This technology can assist customers in meeting discharge requirements and reducing or eliminating disposal costs, making it a valuable tool in the waste destruction market.
374Water is generating demand across municipal, federal, and industrial waste destruction markets. The company's potential to remove bottlenecks, reduce litigation, and other risks, further solidifies its position as a global leader in this field.
Chris Gannon, President and CEO of 374Water, believes there is a significant disconnect between the company's current price and the value it can deliver in the coming years. He encourages investors to learn more about 374Water by visiting their website at www.374water.com and following them on LinkedIn.
It's important to note that certain statements in this communication are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and beliefs, as well as a number of assumptions concerning future events.
For media inquiries, please contact Chris Tyson, Executive Vice President of MZ North America, who serves as the company's investor relations and media contact.
374Water Inc. is dedicated to creating a greener future and eradicating harmful pollutants. With its innovative waste treatment solutions and committed leadership, the company is well-positioned to continue making strides in the waste destruction industry.
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