Company: AIRJW
Filing Date: 2025-05-05
Form Type: 424B3
Source: 0001213900-25-039770
Chunk: 213

Company: AirJoule Technologies Corp.
Filing Date: 2025-05-05
Form: 424B3
Chunk 213
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 14, 2024. As of December 31, 2024 and December 31, 2023, $0 and $2,000 were owing under this
agreement and included in accounts payable on the consolidated balance sheets.

Consultancy Agreement

On January 1, 2019, the Company entered into
a consultancy agreement with a company affiliated with the Chief Executive Officer for a monthly payment of $20,000 in exchange for the
Chief Executive Officer providing services in connection with the development and sales of Company technologies and products. $80,000
and $240,000 was included in general and administrative expenses on the consolidated statements of operations for the years ended
December 31, 2024 and 2023, respectively. On May 1, 2024, this consultancy agreement was terminated. As of December 31,
2024, $0 was owed under this agreement.

Office Services Agreement

On October 31, 2020, the Company entered
into a consultancy agreement with an affiliate for a monthly payment of $5,000 to provide office services. $20,000 and $60,000 was included
in research and development expenses on the consolidated statements of operations for the years ended December 31, 2024 and
2023, respectively. On May 1, 2024, this office services agreement was terminated. As of December 31, 2024, $0 was owed under
this agreement.

Due to Related Party

Commencing on December 9, 2021, through the
consummation of the initial Business Combination, XPDB agreed to pay affiliates of the sponsor a total of $20,000 per month for office
space, administrative and support services. Upon the close of the Business combination, the Company assumed $540,000 related to this agreement.
The balance was repaid in May 2024.

In 2023, the sponsor contributed $900,000 to the
XPDB trust account in connection with extending the XPDB’s termination date pursuant to the approval of the extension amendment
proposal. Upon the closing of the Business Combination, the Company assumed this balance and it was subsequently repaid in May 2024.

<div align='center'>F-24

AIRJOULE TECHNOLOGIES CORPORATION
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</div>

Note 9 — RELATED PARTY TRANSACTIONS
(cont.)

Due from Related Party

In November 2024, Legacy Montana executed
a