Company: AIRJW
Filing Date: 2025-03-27
Form Type: S-1
Source: 0001013762-25-002897
Chunk: 18

Company: AirJoule Technologies Corp.
Filing Date: 2025-03-27
Form: S-1
Chunk 18
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 from and after Commencement. As of March24, 2025, there were 56,061,240shares of our Class A Common Stock outstanding, of which 24,513,698shares were held by non -affiliatesof our company. If all of the 4,250,000 shares of Class A Common Stock offered for resale by B. Riley Principal Capital II under this prospectus were issued and outstanding as of the date hereof, such shares would represent approximately 7.05% of the total number of outstanding shares of Class A Common Stock and approximately 14.78% of the total number of outstanding shares of Class A Common Stock held by non -affiliatesof our company, in each case as of March24, 2025. At an assumed purchase price per share of $7.17, representing the closing sale price of our Class A Common Stock on Nasdaq on March24, 2025, we would sell an aggregate of 4,184,100 Purchase Shares for the $30,000,000 in aggregate gross proceeds from the sale of such Purchase Shares to B. Riley Principal Capital II under the Purchase Agreement. However, although 4,250,000 Purchase Shares are being registered under the Securities Act for resale by B. Riley Principal Capital II under the registration statement that includes this prospectus, depending on the market prices of our Class A Common Stock on the Purchase Dates on which we elect to sell such Purchase Shares to B. Riley Principal Capital II under the Purchase Agreement, we may in the future need to register under the Securities Act additional shares of our Class A Common Stock for resale by B. Riley Principal Capital II which, together with the 4,250,000 Purchase Shares included in this prospectus, will enable us to issue and sell to B. Riley Principal Capital II such aggregate number of shares of Class A Common Stock under the Purchase Agreement as will be necessary in order for us to receive aggregate proceeds equal to B. Riley Principal Capital II’s $30,000,000 maximum aggregate purchase commitment available to us under the Purchase Agreement. If we elect to issue and sell to B. Riley Principal Capital II more than the 4,250,000 shares of Class A Common Stock being registered under the Securities Act for resale by B. Riley Principal Capital II under the registration statement that includes this prospectus, which we have the right, but not the obligation, to do, we must first file with the SEC one or more additional registration statements to register under the