Company: AIRJW
Filing Date: 2025-03-25
Form Type: 10-K
Source: 0001013762-25-002263
Chunk: 268

Company: AirJoule Technologies Corp.
Filing Date: 2025-03-25
Form: 10-K
Item: Item 1A
Chunk 268
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 cybersecurity,
and data privacy risks. Audit Committee meetings include discussions of specific risk areas throughout the year, including, among others,
those relating to cybersecurity threats. The Audit Committee reviews our cybersecurity risk profile with management on a periodic basis
using key performance and/or risk indicators. These key performance indicators are metrics and measurements designed to assess the effectiveness
of our cybersecurity program in the prevention, detection, mitigation, and remediation of cybersecurity incidents.

We take a risk-based approach to cybersecurity and have implemented
cybersecurity policies throughout our operations that are designed to address cybersecurity threats and risks incidents. Management is
responsible for the establishment of our cybersecurity environment, as well as the assessment and management of cybersecurity risks. Management
provides regular updates on our cybersecurity risk profile to the Audit Committee of our board of directors.

Item 2. Properties

Our headquarters are located at 34361 Innovation Drive, Ronan, MT 59864.
We maintain a corporate website at www.airjouletech.com. The information contained on or accessible through our corporate website
or any other website that we may maintain is not part of this Report.

Item 3. Legal Proceedings

We may become involved in legal proceedings or be subject to claims
arising in the ordinary course of our business. We are not presently a party to any other legal proceedings that, in the opinion of our
management, if determined adversely to us, would individually or taken together have a material adverse effect on our business, operating
results, financial condition, or cash flows. See Note 13 – Commitments and Contingencies.

Item 4. Mine Safety Disclosures

Not applicable.

24

PART II

Item 5. Market for Registrant’s Common Equity, Related
Stockholder Matters and Issuer Purchases of Equity Securities Market Information and Holders

Shares of the Company’s common stock and warrants commenced trading
on the Nasdaq under the symbols “AIRJ” and “AIRJW,” respectively, on March 15, 2024. At March 1, 2025 we had 81 stockholders of record of common stock. Since many of our shares of common stock are held by brokers and other institutions on behalf
of stockholders, we are unable to estimate the total number of stockholders represented by these record holders.

Dividends

It is the present intention of the board of directors to retain
all earnings, if any, for use in our business operations and, accordingly, the board of directors has not to date declared and does