$NPWR·8-K

NET Power Inc. · Jun 5, 4:11 PM ET

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NET Power Inc. 8-K

Research Summary

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NET Power Inc. Reports Annual Meeting Voting Results

What Happened
NET Power Inc. (NPWR) filed an 8-K on June 5, 2026 reporting the results of its annual meeting of stockholders held June 3, 2026 (see the company’s definitive proxy dated April 23, 2026). Three Class III directors were elected to serve until the 2029 annual meeting: Joseph Kelliher, Brad Pollack, and Daniel J. Rice IV. The appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026 was also ratified.

Key Details

  • Director election vote totals:
    • Joseph Kelliher: 169,556,764 For; 4,166,153 Withheld; 17,096,817 Broker Non‑Votes.
    • Brad Pollack: 173,335,018 For; 387,899 Withheld; 17,096,817 Broker Non‑Votes.
    • Daniel J. Rice IV: 173,561,348 For; 161,569 Withheld; 17,096,817 Broker Non‑Votes.
  • Auditor ratification vote totals: KPMG LLP ratified with 190,733,676 For; 53,520 Against; 32,538 Abstained.
  • The elected directors will serve as Class III directors through the 2029 annual meeting.

Why It Matters
The vote confirms the company’s board composition and governance continuity through 2029, and the ratification of KPMG establishes the independent auditor for NPWR’s 2026 fiscal year financial reporting. For investors, these votes show shareholder support for current leadership and the firm chosen to audit the company’s upcoming financial statements—important inputs when evaluating governance stability and audit oversight.

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