374Water CFO Russell Kline Buys 20,000 Shares at $0.24/Share on 2023-08-20.

374Water Inc. [SCWO] has announced that Russell Kline, the company's Chief Financial Officer, has made a significant investment in the firm by purchasing 20,000 shares at a price of $0.24 per share on August 20, 2025.

374Water Inc. (NASDAQ: SCWO), a global industrial technology and services company, has seen its Chief Financial Officer, Russell Kline, make a notable investment in the firm. On August 20, 2025, Kline purchased 20,000 shares of the company at a price of $0.24 per share [1].

This investment comes at a time when 374Water is demonstrating strong momentum in its operations. The company reported a significant increase in revenue during the second quarter of 2025, with revenues jumping to $600,000 from $37,000 a year earlier. This growth was driven by biosolids destruction work in Orlando, equipment sales, and treatability studies [2].

374Water's AirSCWO technology has been making headlines for its ability to efficiently destroy and mineralize a broad spectrum of organic non-hazardous and hazardous organic wastes. The company recently announced that it has successfully removed toxic PFAS chemicals from landfill wastewater using its AirSCWO treatment system. The results showed PFAS levels in treated effluent were non-detectable, highlighting the system’s ability to neutralize one of the most problematic waste streams facing landfill operators [1].

As federal regulations tighten on PFAS, utilities and industrial players are under increasing pressure to not just contain these compounds but to destroy them. This is where 374Water's innovative technology comes into play, offering a solution that can help meet discharge requirements, reduce or eliminate disposal costs, and remove bottlenecks [3].

Russell Kline's investment underscores confidence in 374Water's technology and its potential to transform waste treatment. The company continues to be a leader in innovative waste treatment solutions, dedicated to creating a greener future and eradicating harmful pollutants.

References:
[1] https://www.proactiveinvestors.com/companies/news/1076969/374water-is-transforming-waste-treatment-through-its-innovative-airscwo-technology-1076969.html
[2] https://www.proactiveinvestors.com/companies/news/1076969/374water-is-transforming-waste-treatment-through-its-innovative-airscwo-technology-1076969.html
[3] https://www.proactiveinvestors.com/companies/news/1076969/374water-is-transforming-waste-treatment-through-its-innovative-airscwo-technology-1076969.html