Company: AIRJW
Filing Date: 2025-05-05
Form Type: 424B3
Source: 0001213900-25-039770
Chunk: 223

Company: AirJoule Technologies Corp.
Filing Date: 2025-05-05
Form: 424B3
Chunk 223
---
 |            |     — |
| Forfeited                    |     |        |  (3,000 | ) |     |            | 10.23 |
| Balance at December 31, 2024 |     |        | 520,300 |   |     | $          |  8.13 |

As of December 31, 2024, the unrecognized
compensation cost for RSUs issued was $3.5 million and will be recognized over an estimated weighted-average amortization period
of 3.32 years. The fair values of RSUs is based on the fair value of the Company’s common stock on the date of the grant.

The following tables provide additional detail
about the RSUs granted during the year ended December 31, 2024:

| Employees            |     |           |         |    |     |            |       |
| Grant Date           |     | Awards(1) 
 (#)       |         |    |     | Grant Date 
 Fair Value 
 ($)        |       |
| June 6, 2024         |     |           | 247,500 | -3 |     |            | 10.23 |
| September 9, 2024(2) |     |           |  70,000 |    |     |            |  5.11 |

| (1) | These awards vest as to 25% of the total awards granted on each                                                                     
 of the first four anniversaries of the applicable vesting commencement date, subject to the applicable employee’s continued service 
 through the applicable vesting date.                                                                                                |

| (2) | The vesting commencement date for RSUs granted on September 9,                                                                                
 2024 is June 6, 2024. Per ASC 718-10-35-2, compensation cost for an award of share-based compensation is recognized over the                  
 requisite service period. The service period for these awards begins on grant date. The Company considered the requirement in ASC 718-10-35-8 
 when recognizing current period expense.                                                                                                      |

| (3) | 3,000 awards were forfeited during the year ended December 31,                                                                         
 2024 which resulted in a reversal of share-based compensation expense of $2,666 as the Company accounts for forfeitures as they occur. |

| Non-employee Directors |     |           |        |     |            |       |
| Grant Date             |     | Awards(1)