Company: AIRJW
Filing Date: 2025-03-25
Form Type: 10-K
Source: 0001013762-25-002263
Chunk: 127

Company: AirJoule Technologies Corp.
Filing Date: 2025-03-25
Form: 10-K
Item: Item 1
Chunk 127
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 addition, any litigation or claims, whether or not valid, could harm our reputation, result
in substantial costs and divert resources and management attention.

We rely on licenses to use the intellectual property rights of
third parties, which are incorporated into our products, services and offerings.

We and our joint ventures rely, and expect to continue to rely on,
certain services and intellectual property that we license from third parties for use in our operations. We cannot be certain that our
licensors are not infringing upon the intellectual property rights of others or that our suppliers and licensors have sufficient rights
to the third-party technology used in our business in all jurisdictions in which we may operate. Disputes with licensors over uses or
terms could result in the payment of additional royalties or penalties by us, cancellation or non-renewal of the underlying license or
litigation. In the event that we cannot renew and/or expand existing licenses, we may be required to discontinue or limit our use of the
operations, products, or offerings that include or incorporate the licensed intellectual property. Any such discontinuation or limitation
could have a material and adverse impact on our business, financial condition and results of operation.

Risks Related to our Common Stock and Capital Structure 

Concentration of ownership among our existing executive officers,
directors and their respective affiliates may prevent new investors from influencing significant corporate decisions.

As of December 31, 2024, our executive officers, directors and
their respective affiliates, together, beneficially owned approximately 58.0% of our outstanding common stock. As a result, these stockholders
are able to exercise a significant level of control over all matters requiring stockholder approval, including the election of directors,
amendment of our Charter and approval of significant corporate transactions. This control could have the effect of delaying or preventing
a change of control of us or changes in management and will make the approval of certain transactions difficult or impossible without
the support of these stockholders. Moreover, this concentration of stock ownership by our significant stockholders may also adversely
affect the trading price of our common stock to the extent investors perceive a disadvantage in owning stock of a company with stockholders
who own such a significant percentage of our voting securities. Furthermore, any sales of common stock by these significant stockholders
in the public market, or the perception that these sales could occur, could depress the market price of our common stock.

21

There may be future sales of our common stock or other dilution
of our equity, which