8 Rivers Capital and Damian Beauchamp Report Sale of 1.29 Million Shares, Reducing Stake to 19.5%

summarizeSummary

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%.

check_boxKey Events

• 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.

• 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.

• 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.

auto_awesomeAnalysis

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.