Company: AIRJW
Filing Date: 2025-04-28
Form Type: S-1/A
Source: 0001213900-25-036124
Chunk: 209

Company: AirJoule Technologies Corp.
Filing Date: 2025-04-28
Form: S-1/A
Chunk 209
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1,174,087 |   |     | $              |  0.19 |     |           5.90 |

Options granted during the year ended December 31, 2024 had weighted-average grant-date fair values of $. As of December 31, 2024, the unrecognized compensation cost for options issued and then outstanding was $ million and will be recognized over an estimated weighted-average amortization period of years. The total intrinsic value of options exercised during the years ended December 31, 2024 was $ million. The aggregate intrinsic value of options outstanding and exercisable as of December 31, 2024 was $ million.

F-28

AIRJOULE TECHNOLOGIES CORPORATION
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Note 11 — SHARE-BASED COMPENSATION (cont.)

The following tables provide additional detail about the options granted during the year ended December 31, 2024:

| Employees            |     |            |      |     |          |
| Grant Date           |     |        NSO 
 Options(1) 
        (#) |      |     | Exercise 
    Price 
      ($) |
| June 6, 2024         |     |    651,737 | ​(3) |     |    10.23 |
| September 9, 2024(2) |     |    177,747 |      |     |    10.23 |

____________

(1)

(2)

(3)

| Non-employee Directors |     |            |     |          |
| Grant Date             |     |        NSO 
 Options(1) 
        (#) |     | Exercise 
    Price 
      ($) |
| June 6, 2024           |     |     99,540 |     |    10.23 |

____________

(1)

| Non-employee Equity Method Investees |     |            |     |          |
| Grant Date                           |     |        NSO 
 Options(1) 
        (#) |     | Exercise 
    Price 
      ($) |
| June 6, 2024                         |     |     65,832 |     |    10.23 |
| September 9, 2024(2)                 |     |    376,560 |     |    10.23 |

____________

(1)

(2)

The fair value of the NSOs were determined using the Black-Scholes option-pr