Company: AIRJW
Filing Date: 2025-05-16
Form Type: POS AM
Source: 0001213900-25-044504
Chunk: 190

Company: AirJoule Technologies Corp.
Filing Date: 2025-05-16
Form: POS AM
Chunk 190
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 on March 14, 2024, pursuant to the Pre-Closing PIPESubscription Agreement, the Company issued and sold to the Pre-Closing PIPEInvestor an aggregate of 588,235 newly issued shares of Class A Common Stock on the terms and subject to the conditions set forth in the Pre-Closing PIPESubscription Agreement at a purchase price of $8.50 per share for aggregate gross proceeds to the Company of $5.0 million. In addition, pursuant to the March 2024 Subscription Agreement, the Company agreed to issue to the Pre-Closing PIPEInvestor up to a certain amount of “true up” shares of Class A Common Stock in addition to the shares initially purchased under the Pre-Closing PIPESubscription Agreement based on the trading performance of the Class A Common Stock on or prior to March 14, 2025. In March 2025, we issued 275,880 shares of our Class A Common Stock to the Pre-Closing PIPEInvestor in satisfaction of our obligations under the Pre-Closing PIPESubscription Agreement. All of the securities issued pursuant to the Pre-Closing PIPESubscription Agreement were issued and sold in reliance on Section 4(a)(2) of the Securities Act. On June 5, 2024, the Company entered into subscription agreements with certain investors, pursuant to which, among other things, the investors agreed to subscribe for and purchase from the Company, and the Company has agreed to issue and sell to the investors, an aggregate of 1,238,500 shares of Class A Common Stock for an aggregate purchase price of approximately $12.4 million. These securities were issued and sold in reliance on Section 4(a)(2) of the Securities Act. Cashless Exercise of Warrants Between June 10, 2024 and June 11, 2024, we issued 705,758 shares of our Class A Common Stock pursuant to the exercise of 3,942,388 Public Warrants on a cashless basis pursuant to the alternate cashless exercise feature described therein. These securities were issued pursuant to Section 3(a)(9) of the Securities Act. II-3 Item 16. Exhibits and Financial Statement Schedules.

| Exhibit No. 
 2.1†        
 2.2         |     | Description                                                                                                                               
 Agreement and Plan of Merger,                                                                                                             
 dated as of June 5, 2023, by and among Montana Technologies LLC, XPDB