Form 8-K - Current report

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of report (Date of earliest event reported): June 4, 2024

NET POWER INC.

(Exact name of registrant as specified in its charter)

Delaware

001-40503

98-1580612

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification No.)


320 Roney St., Suite 200 Durham, North Carolina						27701
(Address of principal executive offices)						(Zip Code)

(919) 287-4750

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


o			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Class A Common Stock, par value $0.0001 per share

NPWR

The New York Stock Exchange

Warrants, each exercisable for one share of Class A Common Stock at a price of $11.50

NPWR WS

The New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company x

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Item 5.07 Submission of Matters to a Vote of Security Holders..

NET Power Inc. (the "Company") held its annual meeting of stockholders on June 4, 2024. For more information on the following proposals submitted to stockholders, see the Company’s definitive proxy statement dated April 26, 2024. Below are the final voting results.

Proposal No. 1 - Election of Directors

The following four individuals were elected to the Company’s Board of Directors to serve as Class I directors until the Company’s 2027 annual meeting of stockholders and until their successors have been duly elected and qualified.


Name	Votes For	Votes Withheld	Broker Non-Votes
Ralph Alexander	184,472,629	762,240	4,281,571
Fred Forthuber	184,469,341	765,528	4,281,571
Carol Peterson	183,280,675	1,954,194	4,281,571
Eunkyung Sung	184,392,867	842,002	4,281,571

Proposal No. 2 - Ratification of Independent Registered Public Accounting Firm

The appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024 was ratified.


Votes For	Votes Withheld	Votes Abstained
189,467,277	22,758	26,405

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated:

June 10, 2024

NET POWER INC.

By:

/s/ Akash Patel

Name:

Akash Patel

Title:

Chief Financial Officer

Cover	Mar. 11, 2024	Aug. 14, 2023
Document Information [Line Items]
Document Type		8-K
Document Period End Date	Jun. 04, 2024
Entity Registrant Name		NET POWER INC.
Entity Incorporation, State or Country Code		DE
Entity File Number		001-40503
Entity Tax Identification Number		98-1580612
Entity Address, Postal Zip Code		27701
City Area Code		(919)
Local Phone Number		287-4750
Written Communications		false
Soliciting Material		false
Pre-commencement Tender Offer		false
Pre-commencement Issuer Tender Offer		false
Title of 12(b) Security		Class A Common Stock, par value $0.0001 per share
Trading Symbol		NPWR
Security Exchange Name		NYSE
Entity Emerging Growth Company		true
Entity Ex Transition Period		false
Entity Central Index Key		0001845437
Amendment Flag		false
Entity Address, City or Town		Durham
Entity Address, State or Province		NC
Warrant
Document Information [Line Items]
Title of 12(b) Security		Warrants, each exercisable for one share of Class A Common Stock at a price of $11.50
Trading Symbol		NPWR WS
Security Exchange Name		NYSE