374Water Inc. has regained compliance with Nasdaq’s minimum bid price requirement, marking a significant milestone for the organic waste destruction technology company. The Nasdaq Stock Market’s Listing Qualifications Department confirmed that 374Water met the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2), allowing its common stock to continue trading on the Nasdaq Capital Market. This comes after the company received a notification letter on January 15, 2025, indicating it had failed to maintain the required minimum bid price of $1.00 over 30 consecutive business days. To regain compliance, 374Water needed to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive trading days, which it achieved on January 9, 2026.
The company’s stock has experienced significant volatility, with a 31.3% gain over the past six months despite a 58.4% decline over the past year. Currently valued at approximately $43 million, 374Water’s stock performance reflects the broader challenges and opportunities in the waste management and water treatment sectors.
374Water’s technology, known as AirSCWO, is designed to destroy and mineralize organic wastes while producing dischargeable water streams, mineral effluent, vent gas, and recoverable heat energy. The company serves industrial, municipal, and federal markets, offering solutions for wastewater treatment and waste management issues. The recent compliance achievement could bolster investor confidence and potentially attract more funding for the company’s innovative technology.
In addition to its financial milestones, 374Water has made several key appointments to its board of directors. Bradley Freels has been appointed to the board, filling a vacancy left by the resignation of Buddie Joe Penn. Freels, who is also the Chairman and CEO of Midway, will serve on the board’s compensation committee. Charles Weiser has also joined the board and the audit committee, bringing his extensive financial expertise as the current CFO of Alonti Catering Kitchens. These appointments aim to strengthen the company’s leadership team and strategic direction.
Furthermore, 374Water announced a partnership with The Cedar Rapids Water Control Pollution Facility and Brown and Caldwell to tackle biosolids containing harmful per- and polyfluoroalkyl substances (PFAS). This project is expected to commence in early Q1 2026, with results anticipated by late Q1 or early Q2. The initiative highlights the company’s commitment to addressing critical environmental challenges and could set a precedent for future projects in the sector.
The recent developments at 374Water indicate a strategic focus on enhancing both the company’s leadership and its environmental initiatives. As the water, sanitation, and drainage sector continues to evolve, 374Water’s achievements and partnerships could shape the future of waste management and water treatment technologies. The company’s ability to regain compliance with Nasdaq’s requirements and its proactive approach to environmental challenges position it as a key player in the industry.