Company: AIRJW
Filing Date: 2025-11-14
Form Type: S-3
Source: 0001213900-25-110393
Chunk: 13

Company: AirJoule Technologies Corp.
Filing Date: 2025-11-14
Form: S-3
Chunk 13
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 the Company may issue in the future.

Preferred Stock

Under the terms of the Charter, the Board is authorized
to issue shares of preferred stock in one or more series without stockholder approval. The Board has the discretion to determine the rights,
powers, preferences, privileges and restrictions, including voting rights, dividend rights, conversion rights, redemption privileges and
liquidation preferences, of each series of preferred stock.

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Unless required by law or any stock exchange,
the authorized shares of preferred stock will be available for issuance without further action by the stockholders of the Company. The
purpose of authorizing the Board to issue preferred stock and determine its rights and preferences is to eliminate delays associated with
a stockholder vote on specific issuances. The issuance of preferred stock, while providing flexibility in connection with possible acquisitions,
future financings and other corporate purposes, could have the effect of making it more difficult for a third party to acquire, or could
discourage a third party from seeking to acquire, a majority of the outstanding voting stock. Additionally, the issuance of preferred
stock may adversely affect the holders of Class A Common Stock by restricting dividends on the Class A Common Stock, diluting the voting
power of the common stock or subordinating the liquidation rights of the Class A Common Stock. As a result of these or other factors,
the issuance of preferred stock could have an adverse impact on the market price of the Class A Common Stock.

Anti-Takeover Provisions

Section 203 of the Delaware General Corporation Law

As a Delaware corporation, we are subject to Section
203 of the DGCL, which generally prohibits a publicly held Delaware corporation from engaging in any business combination with any interested
stockholder for a period of three years after the date that such stockholder became an interested stockholder, with the following exceptions:

| ● | before such date, the Board of the corporation approved either                                                   
 the business combination or the transaction that resulted in the stockholder becoming an interested stockholder; |

| ● | upon completion of the transaction that resulted in the stockholder                                                                     
 becoming an interested stockholder, the interested stockholder owned at least 85% of the voting stock of the corporation outstanding    
 at the time the transaction began, excluding for purposes of determining the voting stock outstanding, but not the outstanding voting   
 stock owned by the interested stockholder, those shares owned (1) by persons who are directors and also officers and (2) employee stock 
 plans in which employee participants do not