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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of NET Power Inc. - NPWR
NETCloudflare(NET) Prnewswire·2025-03-11 19:40

Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving NET Power Inc and its officers or directors [1] Financial Performance - NET Power reported its financial results for Q4 and full-year 2024, ending the year with 533millionincash,cashequivalents,andinvestments,adecreasefrom533 million in cash, cash equivalents, and investments, a decrease from 580 million in the previous quarter [2] - The reduction in cash was attributed to 13millioninoperatingcashoutflowsand13 million in operating cash outflows and 29 million in capital expenditures [2] Stock Market Reaction - Following the announcement of its financial results, NET Power's stock price dropped by 2.18pershare,or31.462.18 per share, or 31.46%, closing at 4.75 per share on March 10, 2025 [3]