Company: AIRJW
Filing Date: 2025-03-25
Form Type: 10-K
Source: 0001013762-25-002263
Chunk: 266

Company: AirJoule Technologies Corp.
Filing Date: 2025-03-25
Form: 10-K
Item: Item 1A
Chunk 266
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 our directors, officers, and other employees. Alternatively, if a court were to find
the choice of forum provision contained in our Charter to be inapplicable or unenforceable in an action, we may incur additional costs
associated with resolving such action in other jurisdictions, which could harm our business, results of operations, and financial condition.

Additionally, Section 22 of the Securities Act creates concurrent jurisdiction
for federal and state courts over all suits brought to enforce any duty or liability created by the Securities Act or the rules and regulations
thereunder. As noted above, our Charter and our Bylaws will provide that the federal district courts of the United States of America shall
have jurisdiction over any action arising under the Securities Act. Accordingly, there is uncertainty as to whether a court would enforce
such provision. Our stockholders will not be deemed to have waived our compliance with the federal securities laws and the rules and regulations
thereunder.

We are an “emerging growth company.” The reduced
public company reporting requirements applicable to emerging growth companies may make our common stock less attractive to investors.

We qualify as an “emerging growth company,” as defined
in the JOBS Act. While we remain an emerging growth company, we are permitted and plan to rely on exemptions from certain disclosure requirements
that are applicable to other public companies that are not emerging growth companies. These provisions include:

(1)presenting only two years of audited financial statements, (2) presenting only two years of related selected financial data and “Management’s
Discussion and Analysis of Financial Condition and Results of Operations” disclosure, (3) an exemption from compliance with the
auditor attestation requirement in the assessment of our internal control over financial reporting pursuant to Section 404 of Sarbanes-Oxley,
(4) not being required to comply with any requirement that may be adopted by the Public Company Accounting Oversight Board regarding mandatory
audit firm rotation or a supplement to the auditor’s report providing additional information about the audit and the financial statements,
(5) reduced disclosure obligations regarding executive compensation arrangements in our periodic reports, registration statements, and
proxy statements, and (6) exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and stockholder
approval of any golden parachute payments not previously approved. As a result, the information we provide will be different than the
information that is available with respect to other public companies that are not emerging growth companies. Additionally, management
has elected to present two years of audited financial statements and selected