INVESTOR ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of NET Power

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against NET Power Inc. due to allegations of misleading statements regarding Project Permian's timeline and costs, which have led to significant stock price declines and investor losses [4][6]. Group 1: Allegations and Financial Impact - The complaint alleges that NET Power and its executives violated federal securities laws by making false statements and failing to disclose that Project Permian was unlikely to be completed on schedule and would be significantly more expensive than previously represented [6]. - The company now estimates Project Permian's total installed cost to be between $1.7 billion and$2.0 billion, up from a previous estimate of $1.1 billion, indicating a substantial increase in projected expenses [9]. - Following the announcement of delays and increased costs, NET Power's stock price fell by 18.54$10.85 per share on November 14, 2023, and by 31.46% to $4.75 per share on March 10, 2025 [8][9]. Group 2: Management Changes and Investor Actions - On April 15, 2025, NET Power announced the departure of its President and COO, as well as its CFO, which resulted in a further stock price decline of 5.75$2.13 per share [10]. - Investors who suffered losses during the specified period are encouraged to contact Faruqi & Faruqi to discuss their legal rights and options for participating in a federal securities class action [4][12].