Company: AIRJW
Filing Date: 2025-05-16
Form Type: POS AM
Source: 0001213900-25-044504
Chunk: 122

Company: AirJoule Technologies Corp.
Filing Date: 2025-05-16
Form: POS AM
Chunk 122
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 officers and (2) employee     
 stock plans in which employee participants do not have the right to determine confidentially whether shares held subject to the plan  
 will be tendered in a tender or exchange offer; or                                                                                    |

| ● | on or after such date, the business combination is approved                                                                          
 by the Board and authorized at an annual or special meeting of the stockholders, and not by written consent, by the affirmative vote 
 of at least two-thirds (66 and ⅔%) of the outstanding voting stock that is not owned by the interested stockholder.                  |

In general, Section 203 defines a “business combination” to include the following:

| ● | any merger or consolidation involving the corporation and 
 the interested stockholder;                               |

| ● | any sale, transfer, pledge or other disposition of 10% or                   
 more of the assets of the corporation involving the interested stockholder; |

| ● | subject to certain exceptions, any transaction that results                                                   
 in the issuance or transfer by the corporation of any stock of the corporation to the interested stockholder; |

| ● | any transaction involving the corporation that has the effect                                                                                  
 of increasing the proportionate share of the stock or any class or series of the corporation beneficially owned by the interested stockholder; 
 or                                                                                                                                             |

| ● | the receipt by the interested stockholder of the benefit                                               
 of any loans, advances, guarantees, pledges or other financial benefits by or through the corporation. |

In general, Section 203 defines an “interested stockholder” as an entity or person who, together with the person’s affiliates and associates, beneficially owns or within three years prior to the time of determination of interested stockholder status did own, 15% or more of the outstanding voting stock of the corporation. A Delaware corporation may “opt out” of these provisions with an express provision in its original certificate of incorporation or an express provision in its amended and restated certificate of incorporation or amended and restated bylaws resulting from a stockholders’ amendment approved by at least a majority of the outstanding voting shares. We have not opted out of these provisions. As a result, mergers or other takeover or change in control attempts of AirJoule may be discouraged or prevented. 73 Charter and Bylaws The Charter and the Bylaws will contain provisions that may delay, defer or discourage another party from acquiring control of us. We expect that these provisions, which are summarized below, will discourage coercive takeover practices or inadequate takeover bids. These provisions are