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374Water Inc.'s General Counsel Mandel Peter Buys 5000 Shares at $0.25/Share.
ByAinvest
Wednesday, Aug 20, 2025 4:17 pm ET1min read
374Water Inc. (SCWO) has announced that General Counsel Mandel Peter has acquired 20 shares at a price of $0.25 per share on August 18, 2025, and 4980 shares at the same price on August 19, 2025.
374Water Inc. (SCWO), a global industrial technology and services company specializing in innovative wastewater treatment and waste management solutions, has reported that General Counsel Mandel Peter acquired 20 shares at a price of $0.25 per share on August 18, 2025, and 4980 shares at the same price on August 19, 2025. This significant purchase comes amidst the company's growing momentum in the waste treatment sector.According to the company's latest press release, Peter's share purchases reflect his confidence in 374Water's innovative AirSCWO technology, which has shown promising results in the destruction of toxic PFAS chemicals in landfill leachate. The technology's ability to neutralize PFAS, a group of chemicals linked to various health issues, is a key factor in the company's growing market presence.
The company's recent financial performance also highlights its progress. In the second quarter of 2025, 374Water reported a significant increase in revenue, jumping from $37,000 to $600,000, driven by biosolids destruction work in Orlando, equipment sales, and treatability studies [1]. This quarter was marked by strong momentum for the AirSCWO technology, with the start of a biosolids destruction project in Orlando and progress on manufacturing an AS6 system for Orange County Sanitation, expected to be deployed in the second half of 2025 [1].
The growing demand for effective PFAS management solutions underscores the potential of 374Water's technology. As federal regulations tighten, utilities and industrial players are under increasing pressure to destroy these chemicals rather than just contain them. This has led to a growing number of water systems across the US seeking better ways to deal with the problem [2].
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
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