Company: AIRJW
Filing Date: 2025-03-27
Form Type: S-1
Source: 0001013762-25-002897
Chunk: 78

Company: AirJoule Technologies Corp.
Filing Date: 2025-03-27
Form: S-1
Chunk 78
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 portion of the fees and expenses payable by B. Riley Principal Capital II to Seaport for acting as the qualified independent underwriter in connection with this offering upon the execution of the Purchase Agreement and the Registration Rights Agreement. See the section titled “ Plan of Distribution (Conflict of Interest)” in this prospectus for more information. 41 DETERMINATION OF OFFERING PRICE We cannot currently determine the price or prices at which shares of Class A Common Stock may be sold by the Selling Stockholder under this prospectus. 42 MARKET INFORMATION FOR CLASS A COMMON STOCK AND DIVIDEND POLICY Market Price of AirJoule’s Class A Common Stock Our Class A Common Stock currently trades on Nasdaq under the ticker symbol “AIRJ.” On March24, 2025, the closing sale price of our Class A Common Stock was $7.17 per share. Dividend Policy We have never declared or paid any cash dividends on our capital stock. We currently intend to retain all available funds and future earnings, if any, to fund the development and growth of the business, and therefore, do not anticipate declaring or paying any cash dividends on our Class A Common Stock in the foreseeable future. Any future determination related to our dividend policy will be made at the discretion of our Board after considering our business prospects, results of operations, financial condition, cash requirements and availability, debt repayment obligations, capital expenditure needs, contractual restrictions, covenants in the agreements governing current and future indebtedness, industry trends, the provisions of Delaware law affecting the payment of dividends and distributions to stockholders and any other factors or considerations the Board deems relevant. Any financing arrangements that we or our subsidiaries enter into may include restrictive covenants that limit our ability to pay dividends. 43 MANAGEMENT’S DISCUSSION AND ANALYSIS OF
FINANCIAL CONDITION AND RESULTS OF OPERATIONS The following discussion and analysis of the financial condition and results of operations of the Company should be read together with our audited financial statements and related notes included elsewhere in this prospectus. The discussion and analysis should also be read together with the section entitled “Business” and our financial statements and related notes and other information included elsewhere in this prospectus. In addition to historical information, the following discussion contains forward -looking statements. Our actual results may differ significantly from those projected in the forward -looking statements. Factors that might cause future results to differ materially from those projected in the forward -looking statements include, but are not limited to, those discussed in the sections entitled “Risk Factors” and