8 Rivers Capital, LLC, serving as both a director and a 10% stakeholder in NET Power Inc. (NASDAQ: NPWR), has executed a significant reduction in its equity position. The entity sold a combined total of 209,142 shares of Class A Common Stock during a three-day window from July 21 to July 23, 2026. The aggregate value of these transactions reached $318,693, with execution prices varying between $1.5066 and $1.53 per share. This activity takes place against a backdrop of depressed valuation, with NPWR currently trading at $1.47, hovering just above its 52-week low of $1.45 after a 40% decline over the past six months.
The sales were facilitated indirectly through NPEH, LLC. On July 21, 8 Rivers Capital disposed of 80,000 shares at a weighted average price of $1.53. The following day, July 22, an additional 90,000 shares were sold at a weighted average price of $1.5258. On July 23, the entity sold 39,142 shares at a weighted average price of $1.5066. Following these transactions, 2,755,858 shares of Class A Common Stock remain beneficially owned indirectly by NPEH, LLC. According to InvestingPro analysis, the stock appears undervalued at current levels, with additional insights available through the platform’s comprehensive Pro Research Report covering NPWR and 1,400+ other US equities.
8 Rivers Capital, LLC serves as the manager and holds approximately 90.9% of the outstanding equity in NPEH, LLC. The reporting entity disclaims beneficial ownership of these securities, except to the extent of its pecuniary interest. Damian R. Beauchamp, who independently indirectly owns about 63.70% of 8 Rivers Capital and directly owns approximately 3.83%, may also be deemed an indirect beneficial owner of the securities held by NPEH to the extent of his pecuniary interest, similarly disclaiming beneficial ownership beyond that interest.
In other recent news, NET Power Inc. reported its first quarter of 2026 earnings, revealing a significant miss on earnings expectations. The company announced an earnings per share (EPS) of -$0.12, which fell short of the anticipated -$0.0287. This resulted in a negative surprise of 318.12%, highlighting a notable gap between expectations and actual performance. These recent developments have caught the attention of investors and analysts alike. The earnings miss underscores the challenges NET Power Inc. faced during the quarter. While the company’s stock experienced fluctuations in trading, the focus remains on the financial figures. Investors are closely monitoring how the company plans to address these challenges moving forward.