NET POWER SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against NET Power Inc. - NPWR

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NEW ORLEANS, April 23, 2025 (GLOBE NEWSWIRE) -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until June 17, 2025 to file lead plaintiff applications in a securities class action lawsuit against NET Power Inc.("Net Power" or the "Company") (NYSE: NPWR), if they purchased the Company’s securities between June 9, 2023 and March 7, 2025, inclusive (the "Class Period”).

On March 10, 2025, pre-market, the Company announced its financial results for the fourth quarter and full fiscal year 2024, disclosing, among other things, that it "now estimates Project Permian's total installed cost to be between $1.7 billion and $2.0 billion,” significantly higher than its last estimate of $1.1 billion, and that Project Permian would be significantly delayed, expected to come online no earlier than 2029, compared to its prior timeline of between the second half of 2027 and first half of 2028.

About the Lawsuit NET Power and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.

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Author / Journalist: SkyMedia, LLC

Category: Technology

Markets: ChinaUnited States

Topics: Claimsfiler March Information Free Power Securities Action Investors Billion 2025 Class

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-24 @ 02:50:00 (1 days ago)

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