10% owner SK INC. liquidates entire 2.50M share position in NPWR for $6.5M at $2.61; stock now -79.0% from 52-week high.
SK INC., a 10% owner, sold 2,500,000 shares of NET Power Inc. at $2.61 on 2025-07-15, eliminating their entire stake for $6,525,000.00. This comes as the company faces severe operational headwinds: revenue is $0.00 in the latest quarter, net income was $-119,350,000.00, and annual revenue growth declined -56.9% year-over-year. The stock has since fallen to $2.79, trading -79.0% from its 52-week high of $13.29, suggesting the market has repriced sharply downward post-transaction. The seller's prior NPWR transaction (May 2024 sell) was well-timed at the 90-day mark, and this complete liquidation of a major ownership stake occurs against a backdrop of fundamental deterioration and severe valuation compression.