Company: AIRJW
Filing Date: 2025-11-14
Form Type: S-3
Source: 0001213900-25-110393
Chunk: 12

Company: AirJoule Technologies Corp.
Filing Date: 2025-11-14
Form: S-3
Chunk 12
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 stock, par
value $0.0001 per share (“Preferred Stock”). No shares of Preferred Stock are outstanding.

Common Stock

Class A Common Stock

Voting Power

Each holder of Class A Common Stock is entitled
to one vote for each share of Class A Common Stock held for record in person or by proxy on all matters submitted to a vote of the stockholders
of Class A Common Stock, whether voting separately as a class or otherwise. Our Class A Common Stock does not have cumulative voting rights.

Dividends

Subject to applicable law and the rights and preferences
of any holders of any outstanding series of preferred stock or any class or series of stock having a preference over or the right to participate
with the Class A Common Stock with respect to the payment of dividends, holders of Class A Common Stock, as such, shall be entitled to
the payment of dividends on the Class A Common Stock when, as and if declared by the Board in accordance with applicable law.

The payment of future dividends on the shares
of Class A Common Stock will depend on the financial condition of the Company and payment thereof will be subject to the discretion of
the Board. Company currently intends to retain all available funds and any future earnings to fund the development and growth of the business,
and therefore does not anticipate declaring or paying any cash dividends on capital stock of the Company in the foreseeable future. The
ability of the Company to declare dividends may be limited by the terms and conditions of other financing and other agreements entered
into by the Company or any of its subsidiaries from time to time.

Liquidation, Dissolution and Winding Up

Subject to the rights and preferences of any holders
of any shares of any outstanding series of preferred stock, in the event of any liquidation, dissolution or winding up of the Company,
whether voluntary or involuntary, the funds and assets of the Company that may be legally distributed to the Company’s stockholders
will be distributed among the holders of the then outstanding Class A Common Stock of the Company pro rata in accordance with the number
of shares of Class A Common Stock of the Company held by each such holder.

Preemptive or Other Rights

The holders of Class A Common Stock will not have
pre-emptive or conversion rights or other subscription rights. There will not be any redemption or sinking fund provisions applicable
to the Class A Common Stock. The rights, preferences and privileges of holders of the Class A Common Stock will be subject to those of
the holders of any shares of the preferred stock that