8 Rivers Capital, LLC bought NPWR

November 3, 2025 · Form 4 insider transaction

8 Rivers Capital, LLC bought 2,000,000 shares of NET Power Inc., a transaction worth N/A. The trade was recorded as conversion of a derivative and disclosed on an SEC Form 4, filed 1 day after the transaction.

Direction
Acquired (buy-side)
Shares
2,000,000
Price
N/A
Total value
N/A
Role
SecurityClass A Common Stock
Transaction codeC: Conversion of a derivative
Transaction dateNovember 3, 2025
Filing dateNovember 4, 2025
Shares owned after3,838,653
OwnershipIndirect
10b5-1 planNo
AmendedNo

Footnotes

The Class A Units of NET Power Operations LLC are exchangeable into shares of the Issuer's Class A Common Stock or, at the Issuer's election, cash, on a one-for-one basis and have no expiration date. On November 03, 2025, NPEH exchanged 2,000,000 Class A Units of NET Power Operations LLC for 2,000,000 shares of the Issuer's Class A Common Stock.; 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.; Damian R. Beauchamp ("Mr. Beauchamp") independently indirectly owns approximately 68.5% of 8 Rivers. Accordingly, Mr. Beauchamp may be deemed the indirect beneficial owner of the securities owned by NPEH to the extent of his pecuniary interest therein. Mr. Beauchamp disclaims beneficial ownership of any such securities, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that Mr. Beauchamp is the beneficial owner of such securities for purposes of Section 16 or otherwise.

View the original Form 4 on SEC EDGAR