The Law Offices of Frank R. Cruz continues its investigation of NET Power Inc. (“Net Power” or the “Company”) (NYSE: NPWR) on behalf of investors concerning the Company’s possible violations of federal securities laws.
IF YOU ARE AN INVESTOR WHO LOST MONEY ON NET POWER INC. (NPWR), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.
What Is The Investigation About?
On March 10, 2025, Net Power released its fourth quarter and full year 2024 financial results, disclosing the Company had “finalized the Front-End Engineering and Design (FEED) for Project Permian” but the “cost estimate was significantly higher than expected and, as a result, the Company has paused long-lead releases for the project.” Specifically, the Company revealed it is “estimating total installed cost will be $1.7 billion to $2 billion.”
On this news, Net Power’s stock price fell $2.18, or 31.5%, to close at $4.75 per share on March 10, 2025, thereby injuring investors.
Contact Us To Participate or Learn More:
If you purchased Net Power securities, have information or 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 us:
The Law Offices of Frank R. Cruz
2121 Avenue of the Stars, Suite 800
Century City, California 90067
Call us at: 310-914-5007
Email us at: info@frankcruzlaw.com
Visit our website at: www.frankcruzlaw.com.
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If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.
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