Company: AIRJW
Filing Date: 2025-03-25
Form Type: 10-K
Source: 0001013762-25-002263
Chunk: 2245

Company: AirJoule Technologies Corp.
Filing Date: 2025-03-25
Form: 10-K
Item: Item 9A
Chunk 2245
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 from events or changes in circumstances indicating that a decline in
value has occurred that is other than temporary.

Note 16 — SUBSEQUENT EVENTS

Capital
Contribution 

Pursuant
to the A&R Joint Venture Agreement, the Company is expected to contribute additional capital to the AirJoule JV based on a business
plan and annual operating budgets to be agreed between us and GE Vernova. In February 2025, the Company contributed an additional $5.0
million in capital contributions to the AirJoule JV.

Committed Equity Facility

On March 25, 2025, the Company entered into a common stock purchase agreement
(the “Equity Line Purchase Agreement”) with an accredited investor (the “Equity Line Investor”). Under the terms
and subject to the conditions of the Equity Line Purchase Agreement, the Company has the right, but not the obligation, to sell to the
Equity Line Investor, over a 36-month period, up to the lesser of (a) $30,000,000 in aggregate gross purchase price of newly issued common
stock and (b) the Exchange Cap.

F-33

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