Company: AIRJW
Filing Date: 2025-05-05
Form Type: 424B3
Source: 0001213900-25-039770
Chunk: 20

Company: AirJoule Technologies Corp.
Filing Date: 2025-05-05
Form: 424B3
Chunk 20
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Any issuance and sale by us under the Purchase Agreement of a substantial amount of shares of Class A Common Stock in addition to
the 4,250,000 shares of Class A Common Stock being registered for resale by B. Riley Principal Capital II under the
registration statement that includes this prospectus could cause additional substantial dilution to our stockholders.

The number of shares of Class A Common Stock
ultimately offered for resale by B. Riley Principal Capital II through this prospectus is dependent upon the number of shares
of Class A Common Stock, if any, we elect to sell to B. Riley Principal Capital II under the Purchase Agreement from and
after the Commencement Date. The issuance of our Class A Common Stock to B. Riley Principal Capital II pursuant to the
Purchase Agreement will not affect the rights or privileges of our existing stockholders, except that the economic and voting interests
of each of our existing stockholders will be diluted. Although the number of shares of our Class A Common Stock that our existing
stockholders own will not decrease, the shares of our Class A Common Stock owned by our existing stockholders will represent a smaller
percentage of our total outstanding shares of our Class A Common Stock after any such issuance.

The April 2025 PIPE

On April 23, 2025, we entered into the April 2025
PIPE Subscription Agreement with the April 2025 PIPE Investors, pursuant to which, among other things, the April 2025 PIPE Investors
agreed to subscribe for and purchase from AirJoule, and AirJoule agreed to issue and sell to the April 2025 PIPE Investors, an aggregate
of 3,775,126 newly issued shares of Class A Common Stock at a purchase price of $3.98 per share on the terms and subject to the conditions
set forth therein. The April 2025 PIPE Subscription Agreements entitled the April 2025 PIPE Investors to shelf registration
rights with respect to the shares of Class A Common Stock they purchased.

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True Up Shares On March 8, 2024, we entered into the March 2024 PIPE Subscription Agreement with the March 2024 PIPE Investor pursuant to which, among other things, we agreed to issue to the March 2024 PIPE Investor up to a certain amount of “true up” shares of Class A Common Stock in addition to the shares initially purchased under the March 2024 PIPE Subscription Agreement based on the trading performance of the Class A