Company: AIRJW
Filing Date: 2025-05-16
Form Type: POS AM
Source: 0001213900-25-044504
Chunk: 3

Company: AirJoule Technologies Corp.
Filing Date: 2025-05-16
Form: POS AM
Chunk 3
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 to our Predecessor (as defined below) unitholders in connection with the Business Combination (as defined below) at an assumed value of $10.00 per share by certain of the Selling Securityholders named in this prospectus, (b) up to 5,677,355 shares of Class A Common Stock issued to certain investors (the “Investors”) in connection with the Business Combination upon the conversion of AirJoule Class B common units purchased pursuant to the Subscription Agreements (as defined below) at an assumed value of $8.50 per share by certain of the Selling Securityholders named in this prospectus, (c) up to 4,759,642 shares of Class A Common Stock issued on November 8, 2024 upon the conversion of all of the shares of Class B common stock, par value $0.0001 per share, of the Company (“Class B Common Stock”) issued in connection with the Business Combination at an assumed value of $10.00 per share by certain of the Selling Securityholders named in this prospectus, (d) up to 3,525,939 shares of Class A Common Stock issued to the Sponsor (as defined below) upon the conversion of 3,525,939 shares of Class B common stock, par value $0.0001 per share, of XPDB (“Founder Shares”) in connection with the consummation of the Business Combination, which Founder Shares were originally acquired at a price of $0.004 per share in connection with the initial public offering of XPDB (the “XPDB IPO”), by XPDI Sponsor II LLC (the “Sponsor”), and were distributed to the direct and indirect members of the Sponsor following the consummation of the Business Combination (the “Sponsor Members”), (e) up to 90,000 shares of Class A Common Stock issued to former independent directors of XPDB (the “Former Independent Directors”) upon the conversion of 90,000 Founder Shares in connection with the consummation of the Business Combination, which Founder Shares were initially acquired from the Sponsor for services rendered to XPDB at no cost, by certain of the Selling Securityholders named in this prospectus, (f) up to 5,874,765 shares of Class A Common Stock that are issuable upon the exercise of the Private Placement Warrants that were originally issued at a price of $1.00 per Warrant by certain of the Selling Securityholders named in this prospectus, (g) up to