NET POWER SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against NET Power Inc.

A securities class action lawsuit has been filed against NET Power Inc. (NYSE: NPWR) on behalf of investors who purchased securities between June 9, 2023, and March 7, 2025, alleging violations of federal securities laws for failing to disclose material information. The lawsuit was triggered by the company's March 10, 2025, announcement that the estimated cost of Project Permian increased to $1.7-$2.0 billion from $1.1 billion, and the project's timeline was delayed to 2029, causing the stock to fall 31.46% to $4.75 per share.

Analysis

NET Power Inc. (NYSE: NPWR) is facing a securities class action lawsuit, with a lead plaintiff deadline of June 17, 2025, for investors who purchased securities between June 9, 2023, and March 7, 2025. The lawsuit alleges that the company and certain executives failed to disclose material adverse information, violating federal securities laws. This legal action follows NET Power's March 10, 2025, announcement of its Q4 and full-year 2024 financial results, where it revealed substantial negative revisions to its key 'Project Permian.' The company disclosed that Project Permian's estimated total installed cost has escalated significantly to between $1.7 billion and $2.0 billion, a substantial increase from the previous estimate of $1.1 billion. Furthermore, the project's expected online date has been pushed back to no earlier than 2029, a notable delay from the prior timeline of between the second half of 2027 and the first half of 2028. The market reacted severely to this news, with NET Power's shares plummeting $2.18 per share, or 31.46%, to close at $4.75 on March 10, 2025. The highly negative sentiment score of -0.8 for NPWR underscores the market's adverse perception of these developments, which fundamentally impact the company's operational timeline, capital expenditure forecasts, and future revenue generation potential from this flagship project.

Key Decisions for Investors

• Investors who purchased NET Power securities during the Class Period (June 9, 2023, to March 7, 2025) should evaluate their eligibility and consider the June 17, 2025 deadline to file for lead plaintiff status in the pending securities class action lawsuit.
• The substantial increase in Project Permian's cost estimate to $1.7-$2.0 billion and its significant operational delay to 2029 or later necessitate a thorough reassessment of NET Power's long-term valuation, future cash flow projections, and execution risk.
• Given the 31.46% stock price decline following the adverse project update and the ongoing litigation uncertainty, potential and existing investors should exercise caution and closely monitor further company disclosures regarding Project Permian's progress and the legal proceedings before making or adjusting investment positions.