Company: AIRJW
Filing Date: 2025-05-16
Form Type: POS AM
Source: 0001213900-25-044504
Chunk: 171

Company: AirJoule Technologies Corp.
Filing Date: 2025-05-16
Form: POS AM
Chunk 171
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ited                            |     |         |    (7,900 | ) |     |                | 10.23 |     |                |      |
| Balance at December 31, 2024         |     |         | 2,537,602 |   |     | $              |  5.60 |     |                | 7.85 |
| Vested and expected to vest          |     |         | 2,537,602 |   |     | $              |  5.60 |     |                | 7.85 |
| Exercisable at the end of the period |     |         | 1,174,087 |   |     | $              |  0.19 |     |                | 5.90 |

Options granted during the year ended December 31,
2024 had weighted-average grant-date fair values of $. As of December 31, 2024, the unrecognized compensation cost for options
issued and then outstanding was $ million and will be recognized over an estimated weighted-average amortization period of years.
The total intrinsic value of options exercised during the years ended December 31, 2024 was $ million. The aggregate
intrinsic value of options outstanding and exercisable as of December 31, 2024 was $ million.

F-28 AIRJOULE TECHNOLOGIES CORPORATION
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Note 11 — SHARE-BASED COMPENSATION(cont.) The following tables provide additional detail about the options granted during the year ended December 31, 2024: Employees

| Grant Date           |     | NSO        
 Options(1) 
 (#)        |              |     | Exercise 
 Price    
 ($)      |       |
| June 6, 2024         |     |            | 651,737  (3) |     |          | 10.23 |
| September 9, 2024(2) |     |            |      177,747 |     |          | 10.23 |

| (1) | One-fourth of the total number of shares of Class A common                                                                                     
 stock subject to the NSOs vest and become exercisable on June 6, 2025, and one-sixteenth of the total number of shares of Class A              
 common stock subject to the Option shall vest and become exercisable on each three (3)-month anniversary thereafter, subject to the applicable 
 employee’s continued service through the applicable vest