374Water Inc. Announces 2024 Annual Meeting of Stockholders

TL;DR

<b>374Water Inc. will hold its Annual Meeting of Stockholders on June 13, 2024, distributing proxy materials electronically.</b>

AI Summary

374Water Inc. (SCWO) filed a Proxy Statement (DEF 14A) with the SEC on April 29, 2024. The Annual Meeting of Stockholders for 374Water Inc. will be held on June 13, 2024, at 10:00 a.m. Eastern Time. The meeting will take place at the company's corporate headquarters in Durham, North Carolina. Proxy materials will be distributed to stockholders via the Internet under SEC's 'Notice and Access' rules. A Notice of Internet Availability of Proxy Materials will be mailed on or about May 4, 2024. This notice provides instructions on accessing proxy materials, voting, and the 2023 Annual Report (Form 10-K).

Why It Matters

For investors and stakeholders tracking 374Water Inc., this filing contains several important signals. The company is adopting a 'Notice and Access' strategy for proxy material distribution, aiming to reduce costs and environmental impact. This method ensures stockholders can conveniently access and vote on important company matters, including the 2023 Annual Report.

Risk Assessment

Risk Level: — 374Water Inc. shows moderate risk based on this filing. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational disclosures that would indicate high risk.

Analyst Insight

Stockholders should review the proxy materials and vote by the deadline to ensure their participation in corporate governance decisions.

Key Numbers

• 10:00 a.m. — Meeting Time (Time of the Annual Meeting of Stockholders.)
• 2024-06-13 — Meeting Date (Date of the Annual Meeting of Stockholders.)
• 2024-05-04 — Notice Mailing Date (Approximate date for mailing the Notice of Internet Availability.)

Key Players & Entities

• 374Water Inc. (company) — Registrant and filer of the proxy statement.
• June 13, 2024 (date) — Date of the Annual Meeting of Stockholders.
• May 4, 2024 (date) — Approximate mailing date for the Notice of Internet Availability of Proxy Materials.
• 2023 (date) — Fiscal year for the Annual Report on Form 10-K.

FAQ

Industry Context

374Water Inc. operates in the environmental technology sector, focusing on water treatment solutions.

Regulatory Implications

The filing adheres to SEC regulations for proxy statements (Schedule 14A) and the 'Notice and Access' rules for material distribution.

What Investors Should Do

1. Review the proxy statement and 2023 Annual Report for important information regarding the annual meeting.
2. Vote your shares by the deadline to participate in corporate governance.
3. Familiarize yourself with the 'Notice and Access' procedure for receiving future company communications.

Key Dates

• 2024-06-13: Annual Meeting of Stockholders — Key date for stockholder voting and corporate decisions.
• 2024-05-04: Mailing of Notice of Internet Availability — Indicates when stockholders will receive notification to access proxy materials.

Year-Over-Year Comparison

This filing is a Definitive Proxy Statement (DEF 14A) for the upcoming annual meeting, distinct from previous financial or operational reports.

Key Financial Figures

• $0.001 — holders of our common stock, par value $0.001 per share ("Common Stock"), each of who

Filing Documents

• scwo_def14a.htm (DEF 14A) — 503KB
• scwo_def14aimg10.jpg (GRAPHIC) — 1KB
• scwo_def14aimg6.gif (GRAPHIC) — 5KB
• scwo_def14aimg7.jpg (GRAPHIC) — 1KB
• scwo_def14aimg8.jpg (GRAPHIC) — 1KB
• scwo_def14aimg9.jpg (GRAPHIC) — 1KB
• 0001654954-24-005217.txt (&nbsp;) — 518KB

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 16 Executive Officers 17 AUDIT COMMITTEE MATTERS 22 Audit Committee Report 22 Fees to Independent Registered Public Accounting Firm 24 Pre-Approval Policies and Procedures 24 PROPOSAL 2: ADVISORY VOTE ON THE COMPENSATION OF THE COMPANY'S NAMED EXECUTIVE OFFICERS 25 PROPOSAL 3: INCREASE OF THE AMOUNT OF COMMON STOCK AUTHORIZED AND ISSUABLE UNDER THE COMPANY'S 2021 EQUITY INCENTIVE PLAN 26 PROPOSAL 4: RATIFICATION OF THE APPOINTMENT OF CHERRY BEKAERT LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE 2024 FISCAL YEAR 32 OTHER BUSINESS 33 SUBMISSION OF FUTURE STOCKHOLDER PROPOSALS 33 Proxy Card 34 v Table of Contents 374WATER INC. 701 W. Main Street, Suite 410 Durham, North Carolina 27701 (919) 888-8194 PROXY STATEMENT FOR ANNUAL MEETING OF STOCKHOLDERS To Be Held June 13, 2024 Unless the context otherwise requires, references in this Proxy Statement to "we," "us," "our," "the Company," or "374Water" refer to 374Water Inc., a Delaware corporation, and its consolidated subsidiaries as a whole. In addition, unless the context otherwise requires, references to "stockholders" are to the holders of our common stock, par value $0.001 per share ("Common Stock"), each of whom is entitled to vote at the 2024 annual meeting of stockholders of the Company (the "Annual Meeting"). The accompanying proxy is solicited by the Board of Directors (the "Board") on behalf of 374Water to be voted at the Annual Meeting to be held on June 13, 2024, at the time and place and for the purposes set forth in the accompanying Notice of Annual Meeting of Stockholders (the "Notice") and at any adjournment(s) or postponement(s) of the Annual Meeting. This Proxy Statement and accompanying form of proxy are dated April 29, 2024 and are expected to be first sent or given to stockholders on or about May 4, 2024. The executive offices of the Company are located at 710 W. Main Street, Suite 410, Durham, North Carolin

View Full Filing

View this DEF 14A filing on SEC EDGAR