374Water shares surge 15.75% intraday after approving 1-for-10 reverse stock split and CEO Stephen Jones buys 450,000 shares.

374Water (SCWO) surged 15.75% intraday following its announcement on December 18, 2025, of a 1-for-10 reverse stock split approval and leadership changes, including naming CEO Stephen Jones as board chair. Concurrently, Mr. Jones purchased 450,000 shares in the open market, signaling confidence in the company’s strategy. The reverse split aims to address Nasdaq’s minimum bid price requirements, reducing the risk of delisting, while insider buying and governance adjustments reinforced investor optimism. These actions collectively positioned the stock for improved liquidity and investor alignment, driving the sharp intraday rally.