Company: AIRJW
Filing Date: 2025-05-05
Form Type: 424B3
Source: 0001213900-25-039770
Chunk: 98

Company: AirJoule Technologies Corp.
Filing Date: 2025-05-05
Form: 424B3
Chunk 98
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 positions taken or expected to be taken in
a tax return. For those benefits to be recognized, a tax position must be more likely than not to be sustained upon examination by taxing
authorities. We recognize accrued interest and penalties related to unrecognized tax benefits as income tax expense. Management has evaluated
our tax positions, including our Predecessor’s previous status as a pass-through entity for federal and state tax purposes, and
has determined that we have taken no uncertain tax positions that require adjustment to the consolidated financial statements. Our reserves
related to uncertain tax positions was zero as of December 31, 2024 and 2023. There were no unrecognized tax benefits and no amounts
accrued for interest and penalties as of December 31, 2024 and 2023. We are currently not aware of any issues under review that could
result in significant payments, accruals or material deviation from its position.

Off Balance Sheet Arrangements

We did not have any off-balance sheet arrangements
as of December 31, 2024.

Emerging Growth Company Status

We are an emerging growth company as defined
in the JOBS Act. The JOBS Act permits companies with emerging growth company status to take advantage of an extended transition
period to comply with new or revised accounting standards, delaying the adoption of these accounting standards until they would
apply to private companies. We have elected to use this extended transition period to enable it to comply with new or revised
accounting standards that have different effective dates for public and private companies until the earlier of the date we
(i) are no longer an emerging growth company or (ii) affirmatively and irrevocably opts out of the extended transition
period provided in the JOBS Act. As a result, our financial statements may not be comparable to companies that comply with the new
or revised accounting standards as of public company effective dates.

In addition, we intend to rely on the other exemptions
and reduced reporting requirements provided by the JOBS Act. Subject to certain conditions set forth in the JOBS Act, if, as an emerging
growth company, we intend to rely on such exemptions, we are not required to, among other things: (i) provide an auditor’s
attestation report on our system of internal controls over financial reporting pursuant to Section 404(b) of the Sarbanes-Oxley
Act; (ii) provide all of the compensation disclosure that may be required of non-emerging growth public companies under the Dodd-Frank