Company: AIRJW
Filing Date: 2025-03-27
Form Type: S-1
Source: 0001013762-25-002897
Chunk: 21

Company: AirJoule Technologies Corp.
Filing Date: 2025-03-27
Form: S-1
Chunk 21
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 reporting requirements that are otherwise applicable to public companies. These provisions include, but are not limited to: •not being required to comply with the auditor attestation requirements of Section 404(b) of the Sarbanes -OxleyAct of 2002, as amended (the “Sarbanes -OxleyAct”); •not being required to 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 (i.e., an auditor discussion and analysis); 7 •reduced disclosure obligations regarding executive compensation in periodic reports, proxy statements and registration statements; and •exemptions from the requirements of holding a nonbinding advisory vote of stockholders on executive compensation, stockholder approval of any golden parachute payments not previously approved and having to disclose the ratio of the compensation of our chief executive officer to the median compensation of our employees. We may take advantage of these provisions until December 31, 2026, which is the last day of our fiscal year following the fifth anniversary of the completion of the XPDB IPO. However, if (i) our annual gross revenue exceeds $1.235 billion, (ii) we issue more than $1.0 billion of non -convertibledebt during the previous three -yearperiod or (iii) we become a “large accelerated filer” (as defined in Rule 12b -2under the Exchange Act) prior to the end of such five -yearperiod, we will cease to be an emerging growth company. We will be deemed to be a “large accelerated filer” at such time that we (a) have an aggregate worldwide market value of common equity securities held by non -affiliatesof $700.0 million or more as of the last business day of our most recently completed second fiscal quarter, (b) have been required to file annual and quarterly reports under the Exchange Act, for a period of at least 12 months and (c) have filed at least one annual report pursuant to the Exchange Act. We have elected to take advantage of certain of the reduced disclosure obligations in the registration statement of which this prospectus is a part and may elect to take advantage of other reduced reporting requirements in future filings. As a result, the information that we provide to our stockholders may be different than you might receive from other public reporting companies in which you hold equity interests. In addition, the JOBS Act provides that