8 Rivers Capital and Damian Beauchamp Report Sale of 1.29 Million Shares, Reducing Stake to 19.5%
NPWR sits 53% above its 52-week low of $1.455.
Summary
A group of significant shareholders, including 8 Rivers Capital and co-founder Damian Beauchamp, disclosed the sale of 1.29 million shares of NET Power stock, reducing their collective ownership to 19.50%.
Key Events · Ownership and Investor Activity · NPWR
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Significant Share Sale
NPEH, LLC, a reporting person associated with 8 Rivers Capital and Damian Beauchamp, sold 1,289,780 shares of Class A Common Stock between January 29 and May 13, 2026.
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Stake Reduction
The sales reduce the collective beneficial ownership of the reporting group to 20,694,880 shares, representing 19.50% of the outstanding Class A Common Stock. This includes shares directly held and Opco Units exchangeable for common stock.
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Ongoing Distribution by Major Shareholder
This filing is Amendment No. 11 to the original Schedule 13D, indicating a pattern of adjustments to their holdings. The recent sales, valued at approximately $2.86 million, continue a trend of distribution by a key founding entity and co-founder.
Analysis · NPWR · Manufacturing
This Schedule 13D/A filing updates the beneficial ownership of 8 Rivers Capital, NPEH, and Damian Beauchamp, revealing that NPEH sold 1,289,780 shares of Class A Common Stock between January 29 and May 13, 2026. This sale, valued at approximately $2.86 million based on current prices, represents a continued reduction in their stake, which now stands at 19.50%. While not a complete exit, it signifies ongoing distribution by a major shareholder and co-founder.
At the time of this filing, NPWR was trading at $2.22 on NYSE in the Manufacturing sector, with a market capitalization of approximately $490.8M. The 52-week trading range was $1.46 to $5.20. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.