374Water Inc (SCWO) Announces Settlement of Claim

374Water Inc. (NASDAQ: SCWO) today announced that it has reached a settlement with its co-founder and former Chief Executive Officer, Yaacov (Kobe) Nagar, regarding an employment claim that had been filed against the Company. Both parties are pleased to resolve the matter amicably and look forward to future opportunities for collaboration.

The terms of the settlement are confidential, but both parties are satisfied with the resolution and believe that it will allow for a positive and productive relationship going forward.

“We are pleased to have reached a fair and mutually beneficial settlement with Mr. Nagar,” said Chris Gannon, Chief Executive Officer of 374Water. “We have always valued Mr. Nagar’s contributions to the Company and look forward to continued collaboration in the future. This settlement marks a new chapter, and we are excited about the possibilities ahead.”

Mr. Nagar added “I am pleased to have this matter resolved and I look forward to seeing 374Water succeed in SCWOing the world."

Both 374Water and Mr. Nagar remain committed to a productive and positive future, focusing on their shared goals and vision for the industry.

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