{"id":836306,"date":"2025-04-10T16:07:09","date_gmt":"2025-04-10T20:07:09","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/374water-announces-settlement-of-claim\/"},"modified":"2025-04-10T16:07:09","modified_gmt":"2025-04-10T20:07:09","slug":"374water-announces-settlement-of-claim","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/374water-announces-settlement-of-claim\/","title":{"rendered":"374Water Announces Settlement of Claim"},"content":{"rendered":"
\n

DURHAM, N.C., April 10, 2025 (GLOBE NEWSWIRE) — 374Water Inc. (NASDAQ: SCWO) (\u201c374Water\u201d or the \u201cCompany\u201d), a global leader in organic waste destruction technology for municipal, federal, and industrial markets, 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.<\/p>\n

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.<\/p>\n

\u201cWe are pleased to have reached a fair and mutually beneficial settlement with Mr. Nagar,\u201d said Chris Gannon, Chief Executive Officer of 374Water. \u201cWe have always valued Mr. Nagar\u2019s 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.\u201d<\/p>\n

Mr. Nagar added \u201cI am pleased to have this matter resolved and I look forward to seeing 374Water succeed in SCWOing the world.”<\/p>\n

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

\n About 374Water<\/strong>\u00a0<\/p>\n

374Water Inc. (NASDAQ: SCWO) is a global cleantech company providing innovative solutions addressing wastewater treatment and waste management issues within the municipal, federal and industrial markets. 374Water’s AirSCWO technology can reduce or eliminate disposal costs, remove operational bottlenecks, reduce litigation, discharge and other risks. AirSCWO is designed to efficiently destroy and mineralize a broad spectrum of organic non-hazardous and hazardous organic wastes producing safe dischargeable water streams, safe mineral effluent, safe vent gas, and recoverable heat energy. 374Water\u2019s AirSCWO products destruction capacity scale from 1 ton per day to over 200 tons per day. 374Water offers capital sale and lease options, as well as turn-key waste destruction services. 374Water is a leader in innovative waste treatment solutions, dedicated to creating a greener future and eradicating harmful pollutants. Learn more by visiting www.374water.com<\/a> and follow us on LinkedIn<\/a>.\u00a0<\/p>\n

\n Investor Relations and Media Contact<\/strong>\u00a0
Chris Tyson
Executive Vice President\u00a0
MZ North America\u00a0
Direct: 949-491-8235\u00a0
SCWO@mzgroup.us<\/a>
www.mzgroup.us<\/a><\/p>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

DURHAM, N.C., April 10, 2025 (GLOBE NEWSWIRE) — 374Water Inc. (NASDAQ: SCWO) (\u201c374Water\u201d or the \u201cCompany\u201d), a global leader in organic waste destruction technology for municipal, federal, and industrial markets, 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. \u201cWe are pleased to have reached a fair and mutually beneficial settlement with Mr. … <\/p>\n

Continue reading “374Water Announces Settlement of Claim”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-836306","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\n374Water Announces Settlement of Claim - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/374water-announces-settlement-of-claim\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"374Water Announces Settlement of Claim - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"DURHAM, N.C., April 10, 2025 (GLOBE NEWSWIRE) — 374Water Inc. (NASDAQ: SCWO) (\u201c374Water\u201d or the \u201cCompany\u201d), a global leader in organic waste destruction technology for municipal, federal, and industrial markets, 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. \u201cWe are pleased to have reached a fair and mutually beneficial settlement with Mr. … Continue reading "374Water Announces Settlement of Claim"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/374water-announces-settlement-of-claim\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-10T20:07:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQyMDU1NCM2ODYxNDQwIzIyOTgxMzc=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/374water-announces-settlement-of-claim\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/374water-announces-settlement-of-claim\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"374Water Announces Settlement of Claim\",\"datePublished\":\"2025-04-10T20:07:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/374water-announces-settlement-of-claim\\\/\"},\"wordCount\":374,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/374water-announces-settlement-of-claim\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTQyMDU1NCM2ODYxNDQwIzIyOTgxMzc=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/374water-announces-settlement-of-claim\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/374water-announces-settlement-of-claim\\\/\",\"name\":\"374Water Announces Settlement of Claim - 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