Company: AIRJW
Filing Date: 2025-05-05
Form Type: 424B3
Source: 0001213900-25-039770
Chunk: 61

Company: AirJoule Technologies Corp.
Filing Date: 2025-05-05
Form: 424B3
Chunk 61
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 Beneficial Ownership Limitation.

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The net proceeds to us from sales that we elect
to make to B. Riley Principal Capital II under the Purchase Agreement, if any, will depend on the frequency and prices at which
we sell shares of our Class A Common Stock to B. Riley Principal Capital II. We expect that any proceeds received
by us from such sales to B. Riley Principal Capital II will be used for working capital and general corporate purposes.

Neither we nor B. Riley Principal Capital II
may assign or transfer our respective rights and obligations under the Purchase Agreement or the Registration Rights Agreement, and no
provision of the Purchase Agreement or the Registration Rights Agreement may be modified or waived by us or B. Riley Principal Capital II.

As consideration for B. Riley Principal Capital II’s
commitment to purchase shares of Class A Common Stock at our direction upon the terms and subject to the conditions set forth in
the Purchase Agreement, we agreed to pay B. Riley Principal Capital II a cash commitment fee in the amount of $450,000 (the
“Cash Commitment Fee”), which represents 1.5% of B. Riley Principal Capital II’s $30,000,000 total aggregate
purchase commitment under the Purchase Agreement. The Cash Commitment Fee will be paid by withholding cash amounts equal to 10% of the
total aggregate purchase price payable by B. Riley Principal Capital II to us in connection with each Market Open Purchase,
Intraday Purchase or Fixed Purchase effected under the Purchase Agreement, until such time as B. Riley Principal Capital II
shall have received from such cash withholding(s) a total aggregate amount in cash equal to $450,000.

In addition, we have agreed to reimburse B. Riley
Principal Capital II for the reasonable legal fees and disbursements of B. Riley Principal Capital II’s legal counsel
in connection with the transactions contemplated by the Purchase Agreement and the Registration Rights Agreement in an amount not to exceed
(i) $100,000 upon our execution of the Purchase Agreement and Registration Rights Agreement and (ii) $7,500 per fiscal quarter.

The Purchase Agreement and the Registration Rights
Agreement contain customary representations, warranties, conditions and indemnification obligations of the parties. Copies of the agreements
have been filed as exhibits to the registration statement that includes this prospectus and are available electronically on the SEC’s
website at www.sec.gov.

Purchases of Class A Common Stock Under the Purchase Agreement

Market Open Purchases

From and