Company: AIRJW
Filing Date: 2025-05-05
Form Type: 424B3
Source: 0001213900-25-039770
Chunk: 17

Company: AirJoule Technologies Corp.
Filing Date: 2025-05-05
Form: 424B3
Chunk 17
---
 has been commenced that is not discharged or dismissed
prior to such 30 trading day, and (v) the date on which a bankruptcy custodian is appointed for all or substantially
all of our property or we make a general assignment for the benefit of creditors.

We have the right to terminate the Purchase Agreement
at any time after Commencement, at no cost or penalty, upon 10 trading days’ prior written notice to B. Riley Principal
Capital II. We and B. Riley Principal Capital II may also agree to terminate the Purchase Agreement by mutual written
consent, provided that no termination of the Purchase Agreement will be effective during the pendency of any Market Open Purchase, any
Intraday Purchase or any Fixed Purchase that has not then fully settled in accordance with the Purchase Agreement. Neither we nor B. Riley
Principal Capital II may assign or transfer any of our respective rights or 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.

Under the Purchase Agreement, if a “qualified
independent underwriter