Company: NPWR-WT
Filing Date: 2025-04-24
Form Type: DEF 14A
Source: 0001140361-25-015450
Chunk: 1

Company: NET Power Inc.
Filing Date: 2025-04-24
Form: DEF 14A
Chunk 1
---
ATIONSHIPS AND RELATED PARTY TRANSACTIONS                     | 28 |
| Related Party Transactions                                               | 28 |
| Related-Person Transactions Policy                                       | 32 |

| BENEFICIAL OWNERSHIP OF SHARES                                               | 34 |
| ITEM 2-RATIFICATION OF THE APPOINTMENT OF KPMG LLP AS INDEPENDENT AUDITOR    | 37 |
| 2025 Change of Auditors                                                      | 37 |
| AUDITORS                                                                     | 39 |
| Fee Information                                                              | 39 |
| Pre-Approval Policies and Procedures                                         | 39 |
| AUDIT COMMITTEE REPORT                                                       | 40 |
| OTHER INFORMATION                                                            | 41 |
| Expenses of Solicitation                                                     | 41 |
| Other Matters                                                                | 41 |
| Proposals of Stockholders                                                    | 41 |
| Householding; Availability of Annual Report on Form 10-K and Proxy Statement | 42 |

This document includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical or current facts made in this document are forward-looking. We use words such as anticipates, believes, expects, future, intends, and similar expressions to identify forward-looking statements. Forward-looking statements reflect management’s current expectations and are inherently uncertain. Actual results could differ materially for a variety of reasons. Risks and uncertainties that could cause our actual results to differ significantly from management’s expectations include the capital-intensive nature of our business model, which will likely require us to raise additional capital in the future; our ability to adequately control or accurately predict the costs associated with our projects and the development and deployment of our technology; barriers that we may face in our attempts to deploy and commercialize our technology; the complexity of the machinery we rely on for our operations and development; potential changes and/or delays in site selection and construction that result from regulatory, logistical, and financing challenges; our ability to establish and maintain supply relationships; risks related to our arrangements with third parties for the development, commercialization and deployment of our technology; risks related to strategic investors and partners; our ability to successfully commercialize our operations; the availability and cost of raw materials; the impact of potential delays in discovering manufacturing and construction issues; the possibility of damage to our facilities as a result of natural disasters; the ability of commercial plants using our technology to efficiently provide net power output; our ability to obtain and retain licenses; our ability to establish an initial commercial scale plant; potential litigation that may be instituted against us; and