NET POWER ALERT: Bragar Eagel & Squire, P.C. is Investigating NET Power, Inc. on Behalf of NET Power Stockholders and Encourages Investors to Contact the Firm
/EIN News/ -- NEW YORK, March 24, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against NET Power, Inc. (“NET Power” or the “Company”) (NYSE:NPWR) on behalf of NET Power stockholders. Our investigation concerns whether NET Power has violated the federal securities laws and/or engaged in other unlawful business practices.
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On March 10, 2025, Net Power issued a press release announcing its financial and operating results for the fourth quarter and full-year 2024. Among other items, Net Power reported that it ended 2024 with $533 million in cash, cash equivalents and investments, down from $580 million in the prior quarter, a reduction that it attributed to $13 million in operating cash outflows and $29 million in capital expenditures.
On this news, Net Power's stock price fell $2.18 per share, or 31.46%, to close at $4.75 per share on March 10, 2025.
If you purchased or otherwise acquired NET Power shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at investigations@bespc.com, by telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.
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Contact Information:
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Marion Passmore, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com
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