374Water Inc. Amends Filing: Director Changes and Officer Compensation
Ticker: SCWO · Form: 8-K/A · Filed: Aug 12, 2024 · CIK: 933972
| Field | Detail |
|---|---|
| Company | 374water Inc. (SCWO) |
| Form Type | 8-K/A |
| Filed Date | Aug 12, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: director-change, officer-compensation, amendment
TL;DR
374Water Inc. swapped a director and tweaked exec pay. New board member David L. Chen in, Dr. Robert L. Smith out.
AI Summary
374Water Inc. filed an 8-K/A on April 19, 2024, to amend a previous filing. The amendment concerns the departure of a director, the election of a new director, and changes to compensatory arrangements for certain officers. Specifically, it addresses the resignation of Dr. Robert L. Smith from the Board of Directors and the appointment of Mr. David L. Chen as a Class III Director, effective April 19, 2024. The filing also details adjustments to the compensation of certain officers.
Why It Matters
This amendment provides updated information on the company's leadership and executive compensation, which can influence investor confidence and strategic direction.
Risk Assessment
Risk Level: medium — Changes in board composition and executive compensation can signal shifts in company strategy or internal dynamics, warranting closer investor scrutiny.
Key Players & Entities
- 374Water Inc. (company) — Registrant
- April 19, 2024 (date) — Date of Report
- Dr. Robert L. Smith (person) — Departing Director
- Mr. David L. Chen (person) — Appointed Director
- Class III Director (role) — Director Classification
FAQ
Who resigned from the Board of Directors?
Dr. Robert L. Smith resigned from the Board of Directors.
Who was appointed as a new director?
Mr. David L. Chen was appointed as a Class III Director.
What is the effective date of the director appointment?
The appointment of Mr. David L. Chen is effective April 19, 2024.
What type of filing is this amendment?
This is a Form 8-K/A, an amendment to a Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
What other information does the amendment cover besides director changes?
The amendment also covers changes to compensatory arrangements of certain officers.
Filing Stats: 575 words · 2 min read · ~2 pages · Grade level 11.5 · Accepted 2024-08-12 09:00:53
Key Financial Figures
- $0.001 — ch registered Common Stock, par value $0.001 SCWO The Nasdaq Capital Market LLC
Filing Documents
- scwo_8ka.htm (8-K/A) — 23KB
- 0001654954-24-010280.txt ( ) — 148KB
- scwo-20240419.xsd (EX-101.SCH) — 6KB
- scwo-20240419_lab.xml (EX-101.LAB) — 15KB
- scwo-20240419_cal.xml (EX-101.CAL) — 1KB
- scwo-20240419_pre.xml (EX-101.PRE) — 9KB
- scwo-20240419_def.xml (EX-101.DEF) — 2KB
- scwo_8ka_htm.xml (XML) — 5KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: August 12, 2024 374WATER INC. By: /s/ Christian Gannon Name: Christian Gannon Title: Chief Executive Officer 3