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TickerSCWO
SectorIndustrial - Pollution & Treatment Controls
Mkt capN/A
EV / EBITDAN/A
PostureHigh Velocity
Composite78/100
LensTarget-side
SE-Cluster Research·Issuer Brief·Q2 2026CIK 933972

374water Inc.

SCWOHIGH VELOCITYFILING INTENSITY

374water Inc. reads as High Velocity (composite 78/100); pressure / disclosure signals dominate the posture this cycle · primary market Waste.

Lens

Disclosed M&A capital (2023–2025)

N/A

flat

vs N/A in 2020–2022

Disclosed transactions

N/A

flat

0/3 active fiscal years in window

Buyer archetype

Selective Buyer

Acquisition use is visible but targeted.

Composite score

78

/100

High Velocity dominates · Filing Intensity

§ I·SE-Cluster Issuer Brief

Behavioral posture, nine reads.

Each index scores the issuer 0–100 against an EDGAR-anchored definition. Scores ≥ threshold elevate the issuer into the index's constituent set; the dominant index drives the masthead label.

Active Acquirer

7/100

Companies actively deploying disclosed capital into M&A

  • $7M disclosed buyer spend
  • Filed within 25d

Buyer Cadence

24/100

Buyer-side companies with recent filing activity

  • Filed within 25d
  • 90 8-Ks

Target Probability

24/100

Issuers showing target-side patterns from filings

  • 4 activism filings

Spin/Carve

0/100

Issuers showing spin-off, carve-out, or sum-of-parts posture

  • 4 activism filings

Pressure Watch

38/100

Issuers facing activism, governance, or control pressure

  • 4 activism filings
  • Latest activism 1.6y ago

Distress Watch

37/100

Issuers showing financial-distress filing patterns

  • 10-Q 195d stale
  • 4 activism filings

Restatement Risk

42/100

Issuers with accounting-integrity flags from filings

  • 2 non-reliance 8-Ks
  • 5 auditor changes
  • 25 NT late filings
  • Latest event 4.5y ago; discounted

Capital Velocity

Dominant
78/100

Issuers with the highest filing-activity intensity

  • 90 8-Ks
  • Filed within 25d
  • 5 form types

Quiet Power

0/100

Large issuers with low signal volume and clean disclosure cadence

  • Enterprise value $32M
  • 10-Q 195d ago
  • 3 active signals
§ II·SE-Cluster Issuer Brief

Capital cadence.

No disclosed M&A capital in the 10-year window.

This issuer has not disclosed material acquisition spend or count in the last ten fiscal years.

§ V·SE-Cluster Issuer Brief

Market context.

Where this issuer sits inside its SE-Cluster rollup wedge, with disclosed-spend rank plus trading comparables against the public peer set.

Primary market

Waste

Market spend (2023–2025)
$24.4B
Market spend (2020–2022)
$21.3B
Recent vs prior
+15%
Issuer rank in market
N/A
Share of market capital
0.0%

Valuation positioning

Trading comparables unavailable for this wedge.

§ VI·SE-Cluster Issuer Brief

Buyer landscape.

Public buyers whose stated archetypes, target categories, and recent cadence align with this issuer as a plausible acquisition target. Scores cross EDGAR signal and disclosure overlap.

Likely buyers

No public buyers surface as a strong target-side fit on current signal.

Likely sellers / divestiture partners

No reciprocal divestiture / strategic-alternatives matches identified.

§ VII·SE-Cluster Issuer Brief

Filing activity & signal stream.

Filing cadence and event-driven signals visible on EDGAR. The signal stream below is curated from restatement / spin-carve / activism categories, providing context for any near-term call.

Filing cadence

  • 10-K (annual)242026-04-30
  • 10-Q (quarterly)612025-11-12
  • 8-K (event)902026-05-01
  • Proxy / DEF 14A272025-12-15
  • Activism (13D / DFAN / PREC)42024-10-31

Signals on file

  • critical

    Non-reliance disclosure

    2009-04-15

    2 Item 4.02 filings on file; financial-statement non-reliance.

  • elevated

    Auditor change

    2021-11-19

    5 Item 4.01 filings on file; certifying accountant change.

  • watch

    Late-filing notice

    2020-03-30

    25 NT 10-K/10-Q filings on file.

  • elevated

    Activism on file

    2024-10-31

    4 activist filings on file (13D, DFAN14A, PREC14A series).

  • info

    Signal

    Serial acquisition history

  • info

    Signal

    10-K strategy themes

  • info

    Signal

    Restatement risk

§ VIII·SE-Cluster Issuer Brief

Audited corpus.

No audited record on file for this CIK in the current v6 corpus.

This issuer has not been extracted into the v6 audited acquirer corpus yet. The brief above pulls from ranking-level aggregates and issuer-index signal only.

374water Inc.: Issuer Brief | SE-Cluster