4//SEC Filing
SK INC. 4
Accession 0001104659-24-123261
CIK 0001845437other
Filed
Nov 25, 7:00 PM ET
Accepted
Nov 26, 9:00 PM ET
Size
8.5 KB
Accession
0001104659-24-123261
Insider Transaction Report
Form 4
NET Power Inc.NPWR
SK INC.
10% Owner
Transactions
- Sale
Class A Common Stock
2024-11-22$12.76/sh−431,009$5,499,244→ 0 total(indirect: By LLC)
8 Rivers Capital, LLC
10% Owner
Transactions
- Sale
Class A Common Stock
2024-11-22$12.76/sh−431,009$5,499,244→ 0 total(indirect: By LLC)
Footnotes (3)
- [F1]The price reported reflects the weighted average sales price. The shares of Class A Common Stock were sold in multiple trades at prices ranging from $12.50 to $13.46. NPEH, LLC ("NPEH") will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- [F2]As manager and holder of approximately 91.4% of the outstanding equity in NPEH, 8 Rivers Capital, LLC ("8 Rivers") may be deemed to be a beneficial owner of the securities directly owned by NPEH. 8 Rivers disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that 8 Rivers is the beneficial owner of such securities for purposes of Section 16 or otherwise.
- [F3]SK Inc. ("SK") directly beneficially owns 100.0% of each of Tillandsia, Inc. ("Tillandsia"), Areca, Inc. ("Areca") and Chamaedorea, Inc. ("Chamaedorea"). Each of Tillandsia, Areca and Chamaedorea beneficially owns approximately 18.06%, 25.02% and 23.41%, respectively, of the voting units of 8 Rivers and thus SK may be deemed to be a beneficial owner of the securities beneficially owned by 8 Rivers and NPEH. SK disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that SK is the beneficial owner of such securities for purposes of Section 16 or otherwise.
Documents
Issuer
NET Power Inc.
CIK 0001845437
Entity typeother
IncorporatedKorea, Republic of
Related Parties
1- filerCIK 0001947998
Filing Metadata
- Form type
- 4
- Filed
- Nov 25, 7:00 PM ET
- Accepted
- Nov 26, 9:00 PM ET
- Size
- 8.5 KB