Company: AIRJW
Filing Date: 2025-05-05
Form Type: 424B3
Source: 0001213900-25-039770
Chunk: 11

Company: AirJoule Technologies Corp.
Filing Date: 2025-05-05
Form: 424B3
Chunk 11
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 Purchase Valuation Period (calculated in accordance with the Purchase Agreement) reaches the applicable share volume maximum
amount for such Market Open Purchase (the “Market Open Purchase Share Volume Maximum”), calculated by dividing (a) the
applicable Market Open Purchase Share Amount for such Market Open Purchase, by (b) the Market Open Purchase Percentage we specified
in the applicable Market Open Purchase Notice for such Market Open Purchase, and (iii) if we further specify in the applicable Market
Open Purchase Notice for such Market Open Purchase that a “limit order discontinue election” (a “Limit Order Discontinue
Election”) shall apply to such Market Open Purchase, such time that the trading price of our Class A Common Stock on Nasdaq
during such Market Open Purchase Valuation Period (calculated in accordance with the Purchase Agreement) falls below the applicable minimum
price threshold for such Market Open Purchase specified by us in the Market Open Purchase Notice for such Market Open Purchase, or if
we do not specify a minimum price threshold in such Market Open Purchase Notice, a price equal to 75.0% of the closing sale price of the
Class A Common Stock on the trading day immediately prior to the applicable Purchase Date for such purchase (the “Minimum
Price Threshold”), less a fixed 3.0% discount to the VWAP for such Market Open Purchase Valuation Period (calculated in accordance
with the Purchase Agreement).

Under the Purchase Agreement, for purposes
of calculating the volume of shares of Class A Common Stock traded during a Market Open Purchase Valuation Period, as well as
the VWAP for a Market Open Purchase Valuation Period, the following transactions, to the extent they occur during such Market Open
Purchase Valuation Period, shall be excluded: (x) the opening or first purchase of Class A Common Stock at or following
the official open of the regular trading session on Nasdaq on the applicable Purchase Date for such Market Open Purchase,
(y) the last or closing sale of Class A Common Stock at or prior to the official close of the regular trading session on
Nasdaq on the applicable Purchase Date for such Market Open Purchase, and (z) if we have specified in the applicable Market
Open Purchase Notice for such Market Open Purchase that a “limit order continue election” (a “Limit Order Continue
Election”), rather than a Limit Order Discontinue Election, shall apply to such Market Open Purchase, all purchases and sales
of Class A Common Stock on Nasdaq during such Market Open Purchase Valuation Period at