Company: AIRJW
Filing Date: 2025-05-27
Form Type: POS AM
Source: 0001213900-25-047828
Chunk: 164

Company: AirJoule Technologies Corp.
Filing Date: 2025-05-27
Form: POS AM
Chunk 164
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 interests that subsequently converted into shares of Class A common stock, to TEP Montana, LLC (“TEP Montana”). The Executive Chairman of the Company is the managing partner of the managing member of TEP Montana. The Company granted awards to the employees of AirJoule, LLC on February 12, 2025. The number of awards granted to the employees of AirJoule, LLC are found in Note 10 – Share-Based Compensation. Note 9 — STOCKHOLDERS’ EQUITY Preferred Stock— The Company is authorized to issue 25,000,000shares of preferred stock with a par value of $ 0.0001per share. At March 31, 2025 and December 31, 2024, there were noshares of preferred stock issued and outstanding. Class A common stock— The Company is authorized to issue 600,000,000shares of Class A common stock with a par value of $ 0.0001per share. At March 31, 2025 and December 31, 2024, there were 56,352,120shares and 55,928,661shares of Class A common stock issued and outstanding, respectively. Each share of Class A common stock has one vote and has similar rights and obligations. Class B common stock— At March 31, 2025 and December 31, 2024, there were zeroshares of Class B common stock issued and outstanding, respectively. Shares of Class B common stock were convertible into shares of Class A common stock on a one-for-one basis(i) at any time and from time to time at the option of the holder thereof or (ii) automatically upon on the earliest to occur of (a) the date that is seven (7) years from the date of the Second Amended and Restated Certificate of Incorporation and (b) the first date on which the permitted Class B owners cease to own, in the aggregate, at least 33.0% of the number of shares of Class B common stock issued and held by the permitted Class B owners immediately following the effective time of the Business Combination (or as to which the permitted Class B owners are entitled to as of such time), in each case, as equitably adjusted to reflect any stock splits, reverse stock splits, stock dividends, reorganization, recapitalization, reclassification, combination, exchange of shares or other like change or transaction, each outstanding share of Class B common stock shall automatically, without any further action