374Water Announces the Election of Its Board of Directors
374Water Announces the Election of Its Board of Directors
Strengthened Governance to Accelerate the Company's Environmental Solutions
加強公司環保解決方案的治理
DURHAM, NC / ACCESSWIRE / June 24, 2024 / 374Water Inc. (Nasdaq:SCWO), a global leader in waste destruction technologies for the municipal, federal and industrial markets, announces that its stockholders overwhelmingly voted to elect all seven of 374Water's Board of Director nominees at the 2024 Annual Meeting of Stockholders, including:
北卡羅來納州達勒姆 / ACCESSWIRE / 2024年6月24日 /374Water股份有限公司(Nasdaq:SCWO)是市政、聯邦和工業市場廢物處理技術的全球領導者,宣佈其股東以壓倒優勢的投票結果在2024年股東周年會議上選舉了374Water提名的所有七名董事會成員,包括:
Richard H. Davis: Former CEO of PowerVerde; previously served in senior investment banking roles where he focused on equity financings and mergers and acquisitions.
Richard H. Davis:PowerVerde的前任首席執行官;此前擔任高級投資銀行職務,專注於股權融資和併購。
Marc Deshusses: Co-founder of 374Water, named inventor of AirSCWO, former member of the Board of Directors, and holds eleven filed, awarded, or provisional patents.
Marc Deshusses:374Water的聯合創始人,AirSCWO的命名發明人,前董事會成員,並獲得了十一項提交、授予或臨時專利。
Deanna Rene Estes: Manager at 10 Branch Management LLC, a multi-strategy asset management group, with deep experience partnering with investors and entrepreneurs.
Deanna Rene Estes:10 Branch Management LLC的經理,這是一家多策略資產管理集團,具有與投資者和企業家合作的豐富經驗。
Chris Gannon: President and CEO of 374Water, with extensive experience in growing and scaling industrial technology and service companies.
Chris Gannon:374Water的總裁兼首席執行官,在增長和擴展工業技術和服務公司方面擁有豐富經驗。
Terry Merrell: Co-founder and Co-CEO of Merrell Bros., Inc., with deep experience in biosolids management and disposal technologies, and has designed and commercialized multiple biosolids management and disposal technologies.
Terry Merrell:Merrell Bros. Inc.的聯合創始人和聯席首席執行官,擁有生物固體廢物管理和處置技術的深厚經驗,並設計和商業化了多種生物固體廢物管理和處置技術。
Buddie Joe (BJ) Penn: CEO of Genesis IV and Penn Construction Group, former Acting Secretary of the Navy with a distinguished career in the US Navy and corporate leadership.
Buddie Joe(BJ)Penn:Genesis IV和Penn Construction Group的CEO,曾任海軍代理部長,在美國海軍和公司領導層擁有卓越的職業生涯。
James Vanderhider: President of Aspen View GP, LLC; previously served as EVP and CFO of EnerVest where he raised and deployed more than $8 billion of private equity and more than $12 billion of total institutional capital.
James Vanderhider:Aspen View GP,LLC的總裁;此前擔任EnerVest的執行副總裁和首席財務官,他募集並部署了超過80億美元的私募股權和超過120億美元的總機構資本。
The seven-person Board of Directors will each serve a one-year term expiring in 2025.
這七位董事會成員每人將擔任一年任期,到2025年屆滿。
In addition, other items of business at the 2024 Annual Meeting of Stockholders were overwhelmingly approved by stockholders. This includes an increase of 14 million shares of common stock authorized and issuable under the Company's equity incentive plan to allow the Company to attract and retain existing and new team members. A final report of stockholder voting results was filed with the U.S. Securities and Exchange Commission on June 20, 2024.
此外,在2024年股東周年會議上的其他議題已經獲得股東的壓倒性通過。這包括增加批准的普通股14百萬股,並根據公司股權激勵計劃可發行,以使公司能夠吸引和留住現有和新的團隊成員。股東投票結果的最終報告已於2024年6月20日向美國證券交易委員會提交。
374Water issued the following statement:
374Water發表了以下聲明:
We appreciate the support of our stockholders and the valuable perspectives they shared with us in the months leading up to our 2024 Annual Meeting of Stockholders.
我們感謝股東的支持和他們在我們的2024年股東周年會議之前幾個月與我們分享的寶貴觀點。
Our stockholders recognize positive change is underway and momentum is building at 374Water and that refreshing the Board was an important step in the Company's evolution. This change follows the recent announcement of 374Water appointing new leadership.
我們的股東認識到積極的變革正在進行中,374Water的動能正在增強,刷新董事會是公司發展的重要一步。這個變化是在374Water任命新領導層之後發生的。
374Water would like to thank Rick Davis, Rene Estes, Terry Merrell, BJ Penn and James Vanderhinder for their continued dedication and service to the Company. We would also like to welcome and thank our two new Board additions, Marc Deshusses, 374Water's co-founder, and Chris Gannon, 374Water's President and Chief Executive Officer.
374Water要感謝Rick Davis、Rene Estes、Terry Merrell、BJ Penn和James Vanderhinder對公司的持續奉獻和服務。我們還要歡迎和感謝我們的兩位新董事會成員Marc Deshusses,374Water的聯合創始人,和Chris Gannon,374Water的總裁兼首席執行官。
This Board change signifies a decisive moment for 374Water, as the Company strengthens its leadership and enhances the Company's ability to fully commercialize its AirSCWO technology and scale the business. The newly appointed Board members bring a wealth of experience which will better position 374Water to grow within the municipal, federal and industrial markets.
這一董事會變革標誌着374Water的決定性時刻,公司加強了領導力,並增強了使用其AirSCWO技術全面商業化並擴大業務的能力。新任命的董事會成員帶來了豐富的經驗,將更好地爲市政、聯邦和工業市場定位374Water。
Dr. Marc Deshusses, Co-Founder of 374Water and inventor of the Company's signature AirSCWO technology, rejoins the Board with an expert history in chemical engineering and environmental technology. Dr. Deshusses is a pioneer in the development of novel reactors and processes for air, water, and solid wastes treatment. Dr. Deshusses is a professor of civil and environmental engineering at Duke University and has been instrumental in the development of innovative waste-to-energy technologies. Dr. Deshusses holds multiple patents and provisional patents.
Marc Deshusses博士,374Water的聯合創始人和該公司標誌性AirSCWO技術的發明人,重新加入董事會,擁有化學工程和環境技術方面的專業歷史。Deshusses博士是空氣、水和固體廢物處理的新型反應器和工藝開發的先驅者,是杜克大學的土木與環境工程教授,並在創新的廢物到能源技術的發展方面起到了重要作用。Deshusses博士擁有多項專利和臨時專利。
Chris Gannon, President and CEO of 374Water has more than 25 years of experience in technology development, highly engineered products, advanced manufacturing, and field service operations with customers in the municipal, federal, industrial, and medical industries. Mr. Gannon has served in numerous transformational roles at publicly traded and private equity backed entities, where he crafted and implemented strategic priorities to build and grow world-class, customer-centric, technology-focused companies in industries governed by extensive regulatory requirements. Prior to 374Water, Mr. Gannon served as the CEO of Energy Recovery and National Fire and Safety.
Chris Gannon是374Water的總裁兼首席執行官,擁有超過25年的技術開發、高度工程化產品、先進製造和現場服務運營經驗,服務於市政、聯邦、工業和醫療行業的客戶。甘農先生曾在上市公司和私募股權支持的實體服務過多個變革性角色,在這些行業中構建和培育了最佳的、以客戶爲中心、技術爲重、受廣泛監管要求支配的公司,並制定和實施戰略重要性優先事項。甘農先生曾擔任Energy Recovery和National Fire and Safety的首席執行官。
"374Water's current Board combines members' deep industry knowledge and technology development expertise with innovative thinking, providing a strong foundation for our continued growth and success," said Board Chair Deanna Rene Estes. "I look forward to collaborating with this talented team to expand our Company's impact and deliver 374Water's sustainable solutions that benefit our shareholders, our customers, our employees, and our environment."
"374Water的現任董事會成員充分發揮了自己深厚的行業知識和技術開發專業知識以及創新思維,在爲公司持續增長和成功奠定堅實基礎的同時,爲擴大374Water的影響力併爲股東、客戶、員工和環境帶來可持續解決方案而與這個才華橫溢的團隊合作是我期待已久的。"---董事會主席Deanna Rene Estes。
For more information about 374Water and its groundbreaking technologies, please visit 374Water.com.
欲了解更多有關374Water及其開創性技術的信息,請訪問374Water.com。
About 374Water
關於374Water
374Water Inc. (NASDAQ:SCWO) is a global cleantech company providing innovative solutions addressing wastewater treatment and waste management issues within the municipal, federal and industrial markets. 374Water's AirSCWO technology efficiently destroys a range of non-hazardous and hazardous organic wastes producing safe dischargeable water streams, safe mineral effluent, safe vent gas, and recoverable heat energy. 374Water is leading a new era of creating value in sustainability, eliminating PFAS and protecting our communities. Learn more by visiting and follow us on LinkedIn.
374Water Inc. (納斯達克代碼:SCWO)是一家全球清潔技術公司,致力於爲市政、聯邦和工業市場提供解決廢水處理和廢物管理問題的創新方案。374Water的AirSCWO技術能高效地破壞一系列非危險和危險有機廢物,生產出安全放行的水流、安全的礦物滲出液、安全的通風氣體和可回收的熱能。374Water正在引領一個在可持續性上創造價值、消除PFAS並保護我們社區的新時代。欲了解更多信息,請訪問並關注我們的LinkedIn。
Cautionary Language on Forward-Looking Statements
關於前瞻性陳述的警示語言
Certain statements in this communication are "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements relate to future events or our future financial performance, including statements relating to our ability to execute on our strategic plan and the results of our 2024 Annual Meeting and involve known and unknown risks, uncertainties, and other factors that may cause our actual results, levels of activity, performance, or our achievements or those of our industry to be materially different from those expressed or implied by any forward-looking statements. In some cases, forward-looking statements may be identified by the use of words like "may," "will," "could," "would," "should," "expect," "plan," "anticipate," "intend," "believe," "estimate," "project," "consider," "predict," "potential," "feel," or other comparable terminology. The Company has based these forward-looking statements on its current expectations, assumptions, estimates, beliefs, and projections. While the Company believes these expectations, assumptions, estimates, and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which involve factors or circumstances that are beyond the Company's control. These and other important factors, including those discussed under "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2023, as well as the Company's subsequent filings with the SEC, may cause actual results, performance, or achievements to differ materially from those expressed or implied by these forward-looking statements. The forward-looking statements herein are made only as of the date they were first issued, and unless otherwise required by applicable securities laws, the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
本通信中的某些陳述是基於1995年修訂版《私人證券訴訟改革法》("安全港"條款)中的"前瞻性陳述",涉及未來事宜或我們未來的財務表現,包括與我們能否執行我們的戰略計劃和2024年度股東大會的結果有關的陳述,並涉及已知和未知的風險、不確定性和其他因素,這些因素可能會導致我們的實際結果、活動水平、業績或我們或我們所在行業的成就與任何前瞻性陳述所表達或暗示的不同。在某些情況下,前瞻性陳述可能會通過使用像"可能"、"將"、"可能"、"將會"、"應該"、"期望"、"計劃"、"預計"、"有意"、"相信"、"估計"、"項目"、"考慮"、"預測"、"潛在"、"感覺"或其他相似的術語。公司已根據其目前的期望、假設、估計、信仰和投射作出了這些前瞻性陳述。儘管公司認爲這些期望、假設、估計和投射是合理的,但此類前瞻性陳述僅在於預測,涉及已知和未知的風險和不確定性,其中許多涉及超出公司控制範圍之外的因素或情況。包括我們在2023年12月31日的年度報告(10-K)中討論的"風險因素"以及公司隨後向SEC提交的其他重要因素。這些因素中的一些可能會導致實際結果、業績或成就與這些前瞻性陳述所表達或暗示的不同。此處的前瞻性陳述僅於其首次發佈日期起效,除非適用的證券法有要求,否則公司不承擔任何更新或修訂任何前瞻性陳述的意圖或義務,無論是因爲新信息、未來事件或其他原因。
Investor Contact:
投資者聯繫人:
Heather Crowell
ir@374water.com
Heather Crowell
ir@374water.com
Media Contact:
媒體聯繫人:
Candace McPhillips
media@374water.com
Candace McPhillips
media@374water.com
SOURCE: 374Water Inc.
來源:374Water Inc。