regulatory
confidence high
sentiment negative
materiality 0.70
374Water Inc. (SCWO): Nasdaq/NYSE listing notice — 374Water appoints Stephen McKnight to board; audit committee falls below Nasdaq requirement
374Water Inc.
- Director James Vanderhider resigned Feb 4, 2026 effective immediately; not due to disagreement.
- Vacancy leaves audit committee with 2 members, violating Nasdaq Rule 5605(c)(2)(A); company notified Nasdaq on Feb 9 and has cure period of up to 180 days.
- Stephen McKnight appointed to board Feb 9; has background in real estate and banking; will explore potential financing opportunities (expected aggregate >$120k).
- Appointment made under agreement with shareholder Yaacov Nagar; Amendment No.1 provides for future board candidate replacement.