other material
confidence high
sentiment neutral
materiality 0.65
374Water enters agreement with shareholder Nagar; board resignations and 1-for-10 reverse split pending vote
374Water Inc.
- Deanna Rene Estes to resign as director after certification of reverse stock split approval at Dec 15 special meeting.
- Mutual agreement to identify three new board candidates; BJ Penn and James Vanderhider to resign upon appointment.
- If approved, reverse stock split will be effected at a ratio of 1-for-10 shares.
- Nagar agrees to vote all shares in line with board recommendations at the special meeting.