Company: AIRJW
Filing Date: 2025-05-27
Form Type: POS AM
Source: 0001213900-25-047828
Chunk: 170

Company: AirJoule Technologies Corp.
Filing Date: 2025-05-27
Form: POS AM
Chunk 170
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     |                  | 5.67 |

There were nooptions granted during the three months ended March 31, 2025. As of March 31, 2025, the unrecognized compensation cost for options issued and then outstanding was $ 2.8million and will be recognized over an estimated weighted-average amortization period of 2.96years. The total intrinsic value of options exercised during the three months ended March 31, 2025 was $ 1.1million. The aggregate intrinsic value of options outstanding and exercisable as of March 31, 2025 was $ 4.5million.

Restricted Stock Units with Service-Only Conditions

The following table summarizes RSU with Service-Only Conditions activity for the three months ended March 31, 2025:

|                              |     | Awards |         |   |     | Weighted Average Grant Date Fair 
 Value                            |      |
|:-----------------------------|:----|:-------|--------:|:--|:----|:---------------------------------|-----:|
| Balance at December 31, 2024 |     |        | 520,300 |   |     | $                                | 8.13 |
| Granted                      |     |        | 465,044 |   |     |                                  | 8.18 |
| Exercised                    |     |        |       — |   |     |                                  |    — |
| Forfeited                    |     |        |  (4,500 | ) |     |                                  | 5.11 |
| Balance at March 31, 2025    |     |        | 980,844 |   |     | $                                | 8.17 |

As of March 31, 2025, the unrecognized compensation cost for RSUs with service-only conditions was $ 6.8million and will be recognized over an estimated weighted-average amortization period of 2.92years. The fair values of RSUs with service-only conditions are based on the fair value of the Company’s common stock on the date of the grant. The 465,044RSUs with service-only conditions that were granted during the three months ended March 31, 2025 consisted of 357,764awards granted to employees and 107,280awards granted to non-employee equity method investees. These awards vest as to 33.33% of the total awards granted on each of the first three anniversaries of the applicable vesting commencement date