Company: AIRJW
Filing Date: 2025-03-25
Form Type: 8-K
Source: 0001013762-25-002249
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Company: AirJoule Technologies Corp.
Filing Date: 2025-03-25
Form: 8-K
Item: Item 1.01
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Item 1.01. Entry into a Material Definitive
Agreement.

On March 25, 2025, AirJoule
Technologies Corporation (the “ Company”) entered into a Common Stock Purchase Agreement (the “ Purchase Agreement”)
and a related Registration Rights Agreement (the “ Registration Rights Agreement”), each dated as of March 25, 2025,
with B. Riley Principal Capital II, LLC (the “ Investor”). Pursuant to the Purchase Agreement, the Company will have
the right, but not the obligation, to sell to the Investor up to an aggregate of $30,000,000 of newly issued shares of the Company’s
Class A common stock, par value $0.0001 per share (the “ Common Stock”), subject to certain conditions and limitations
contained in the Purchase Agreement, from time to time during the term of the Purchase Agreement. The Company is under no obligation to
sell any securities to the Investor under the Purchase Agreement.

Market Open Purchases. Beginning on the date (the “ Commencement Date”) that all of the applicable conditions under the Purchase Agreement
are first satisfied (the initial satisfaction of such conditions, the “ Commencement”), including the effectiveness
of a resale shelf registration statement covering the Investor’s resale of Common Stock pursuant to the terms of the Purchase Agreement,
and ending on the date that is thirty-six (36) months following the Commencement Date (the “Term”), the Company will
have the right, in its sole discretion, to cause the Investor to purchase shares of Common Stock from time to time (each, a “ Market
Open Purchase”) by timely delivering written notice (the “ Market Open Purchase Notice”) to the Investor
prior to trading hours on any trading day (the “ Purchase Date”) on The Nasdaq Global Market (“ Nasdaq”),
provided that (i) the closing price of a share of Common Stock on the preceding trading day is greater than $1.00 (the “ Threshold
Price”) and (ii) the Company has provided to the Investor all shares of Common Stock subject to Investor Purchases (as defined
below) previously effected by the Company under the Purchase Agreement.