Company: AIRJW
Filing Date: 2025-05-05
Form Type: 424B3
Source: 0001213900-25-039770
Chunk: 10

Company: AirJoule Technologies Corp.
Filing Date: 2025-05-05
Form: 424B3
Chunk 10
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 exceed 25.0%), which we will specify in
the applicable Market Open Purchase Notice (as defined below) for such Market Open Purchase (such specified percentage, the “Market
Open Purchase Percentage”), of the total aggregate number (or volume) of shares of our Class A Common Stock traded on Nasdaq
during the applicable Market Open Purchase Valuation Period (as defined below) for such Market Open Purchase (such specified number of
shares to be purchased by B. Riley Principal Capital II, adjusted as necessary to give effect to the applicable Market Open
Purchase Maximum Amount as set forth in the Purchase Agreement, the “Market Open Purchase Share Amount”), by timely delivering
written notice of such Market Open Purchase to B. Riley Principal Capital II (each, a “Market Open Purchase Notice”)
prior to 9:00 a.m., New York City time, on any trading day (each, a “Purchase Date”), so long as (a) the
closing sale price of our Class A Common Stock on Nasdaq on the trading day immediately prior to such Purchase Date is not less
than $1.00 (the “Threshold Price”), and (b) all shares of Class A Common Stock subject to all prior Market Open
Purchases, all prior Intraday Purchases (defined below) and all prior Fixed Purchases (defined below) effected by us under the Purchase
Agreement (as applicable) have been received by B. Riley Principal Capital II at such time and in the manner set forth in the
Purchase Agreement.

The per share purchase price that B. Riley
Principal Capital II is required to pay for shares of Class A Common Stock in a Market Open Purchase effected by us pursuant
to the Purchase Agreement, if any, will be determined by reference to the volume weighted average price of the Class A Common Stock
(the “VWAP”), calculated in accordance with the Purchase Agreement, for the period (the “Market Open Purchase Valuation
Period”) beginning at the official open (or “commencement”) of the regular trading session on Nasdaq on the applicable
Purchase Date for such Purchase, and ending at the earliest to occur of (i) 3:59 p.m., New York City time, on such Purchase
Date or such earlier time publicly announced by the trading market as the official close of the regular trading session on such Purchase
Date, (ii) such time that the total aggregate number (or volume) of shares of Class A Common Stock traded on Nasdaq during such
Market Open