Company: AIRJW
Filing Date: 2025-05-05
Form Type: 424B3
Source: 0001213900-25-039770
Chunk: 77

Company: AirJoule Technologies Corp.
Filing Date: 2025-05-05
Form: 424B3
Chunk 77
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, we cannot determine
the actual purchase price per share that B. Riley Principal Capital II will be required to pay for any Purchase Shares that
we may elect to sell to B. Riley Principal Capital II under the Purchase Agreement from and after Commencement and, therefore,
we cannot be certain how many Purchase Shares, in the aggregate, we may issue and sell to B. Riley Principal Capital II under
the Purchase Agreement from and after Commencement. As of April 25, 2025, there were 60,235,732 shares of our Class A Common Stock outstanding,
of which 28,688,190 shares were held by non-affiliates of 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 6.59% of the total number of outstanding shares of Class A Common Stock and approximately
12.90% of the total number of outstanding shares of Class A Common Stock held by non-affiliates of our company, in each case as of
April 25, 2025.

Although the Purchase Agreement provides that
we may sell up to $30,000,000 of our Class A Common Stock to B. Riley Principal Capital II, only 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. If we were to issue and sell all of such 4,250,000 Purchase Shares to B. Riley Principal Capital II at an assumed purchase
price per share of $4.63, representing the closing sale price of our Class A Common Stock on Nasdaq on April 25, 2025, we would receive
approximately $19,677,500 in aggregate gross proceeds from the sale of such Purchase Shares to B. Riley Principal Capital II
under the Purchase Agreement. 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