Filing Details

Accession Number:
0001104659-24-109959
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-10-18 20:00:18
Reporting Period:
2024-10-16
Accepted Time:
2024-10-18 20:00:18
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1845437 Net Power Inc. NPWR Electrical Industrial Apparatus (3620) 981580612
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1947998 Sk Inc. 26, Jong-Ro, Jongno-Gu
Seoul M5 03188
No No Yes No
1981100 8 Rivers Capital, Llc 406 Blackwell Street, 4Th Floor
Durham NC 27701
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Disposition 2024-10-16 517,618 $7.12 199,369 No 4 S Indirect By: NPEH, LLC
Class A Common Stock Disposition 2024-10-17 199,369 $7.33 0 No 4 S Indirect By: NPEH, LLC
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By: NPEH, LLC
No 4 S Indirect By: NPEH, LLC
Footnotes
  1. The price reported reflects the weighted average sales price. The shares of Class A Common Stock were sold in multiple trades at prices ranging from $7.00 to $7.175. NPEH, LLC ("NPEH") will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
  2. The price reported reflects the weighted average sales price. The shares of Class A Common Stock were sold in multiple trades at prices ranging from $7.10 to $7.555. NPEH will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
  3. As manager and holder of approximately 91.4% of the outstanding equity in NPEH, 8 Rivers Capital, LLC ("8 Rivers") may be deemed to be a beneficial owner of the securities directly owned by NPEH. 8 Rivers disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that 8 Rivers is the beneficial owner of such securities for purposes of Section 16 or otherwise.
  4. SK Inc. ("SK") indirectly beneficially owns 100.0% of each of Tillandsia, Inc. ("Tillandsia"), Areca, Inc. ("Areca") and Chamaedorea, Inc. ("Chamaedorea"). Each of Tillandsia, Areca and Chamaedorea beneficially owns approximately 18.06%, 25.02% and 23.41%, respectively, of the voting units of 8 Rivers and thus SK may be deemed to be a beneficial owner of the securities beneficially owned by 8 Rivers and NPEH. SK disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that SK is the beneficial owner of such securities for purposes of Section 16 or otherwise.