# PowerVerde completes merger with 374Water

PowerVerde Inc. completed its merger with 374Water Inc., with 374Water shareholders owning 49.1% of the combined company. The merged company will be named 374Water Inc. and focus on waste and water resource recovery systems.

- Type: Acquisition
- Announced: 2021-04-20
- Where: United States
- Value: $6.40M
- Status: completed
- Products: supercritical water oxidation system, waste treatment
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [PowerVerde Inc.](https://endata.com/companies/50253.md) (acquirer)
- [374Water Inc.](https://endata.com/companies/50254.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/powerverde-inc-completes-its-merger-with-374water-inc-to-accelerate-delivery-of-cleantech-to-eliminate-pfas-and-recover-resources-from-waste-and-wastewater-301272285.html), 2021-04-20: "The merger of 374Water and PowerVerde will advance the global paradigm shift from water and waste treatment to resource recovery."
- [apnews.com](https://apnews.com/press-release/pr-newswire/technology-business-3303e35624d90113f7ae05d07f0ae7e6), 2021-04-20: "The merger will accelerate the delivery of a waste and water resource recovery system"
- [waterworld.com](https://www.waterworld.com/wastewater-treatment/press-release/14201741/powerverde-inc-completes-merger-with-374water-inc), 2021-04-20: "The merger of 374Water and PowerVerde will advance the global paradigm shift from water and waste treatment to resource recovery."
- [otc.duke.edu](https://otc.duke.edu/news/powerverde-completes-its-merger-with-374water-to-accelerate-delivery-of-cleantech-to-eliminate-pfas-and-recover-resources-from-waste-and-wastewater/), 2021-04-21: "PowerVerde Inc. OTCQB (“PWVI”), a Florida-based energy systems developer, and 374Water Inc. (“374Water”), a North Carolina-based cleantech company, today announced the completion of the merger contemplated by their binding LOI executed Sept 20, 2020."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.