Company: AIRJW
Filing Date: 2025-03-25
Form Type: 10-K
Source: 0001013762-25-002263
Chunk: 288

Company: AirJoule Technologies Corp.
Filing Date: 2025-03-25
Form: 10-K
Item: Item 1A
Chunk 288
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 certain conditions set forth in the JOBS Act, if, as an emerging growth company,
we intend to rely on such exemptions, we are not required to, among other things: (i) provide an auditor’s attestation report
on our system of internal controls over financial reporting pursuant to Section 404(b) of the Sarbanes-Oxley Act; (ii) provide
all of the compensation disclosure that may be required of non-emerging growth public companies under the Dodd-Frank Wall Street Reform
and Consumer Protection Act; (iii) comply with any requirement that may be adopted by the Public Company Accounting Oversight Board
regarding mandatory audit firm rotation or a supplement to the auditor’s report providing additional information about the audit
and the financial statements (auditor discussion and analysis); and (iv) disclose certain executive compensation-related items such
as the correlation between executive compensation and performance and comparisons of the Chief Executive Officer’s compensation
to median employee compensation.

We will remain an emerging growth company under the JOBS Act until
the earliest of (i) the last day of our first fiscal year following the fifth anniversary of the closing of XPDB’s initial
public offering, (ii) the last date of our fiscal year in which we have total annual gross revenue of at least $1.235 billion,
(iii) the date on which we are deemed to be a “large accelerated filer” under the rules of the SEC with at least $700.0 million
of outstanding securities held by non-affiliates or (iv) the date on which we have issued more than $1.0 billion in non-convertible
debt securities during the previous three years.

Item 7A. Quantitative and Qualitative Disclosures About Market Risk

We are a smaller reporting company as defined by Rule 12b-2 of the
Exchange Act and are not required to provide the information otherwise required under this item.

Item 8. Financial Statements and Supplementary Data

This information appears following Item 15 of this Annual Report and
is included herein by reference.

Item 9. Changes in and Disagreements with Accountants on Accounting
and Financial Disclosure

None.

Item 9A. Controls and Procedures

Evaluation of Disclosure Controls and Procedures

Under the supervision and with the participation of our management,
including the Chief Executive Officer and Chief Financial Officer, the Company conducted an evaluation of the effectiveness of its disclosure
controls and procedures (