Company: AIRJW
Filing Date: 2025-03-25
Form Type: 10-K
Source: 0001013762-25-002263
Chunk: 131

Company: AirJoule Technologies Corp.
Filing Date: 2025-03-25
Form: 10-K
Item: Item 1
Chunk 131
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uant to the DGCL, our Charter or our Bylaws; or (iv) any action, suit or proceeding asserting a claim governed by the internal affairs
doctrine; and (b) subject to the foregoing, the federal district courts of the United States of America shall be the exclusive forum for
the resolution of any complaint asserting a cause of action arising under the Securities Act. Notwithstanding the foregoing, such forum
selection provisions shall not apply to suits brought to enforce any liability or duty created by the Exchange Act or any other claim
for which the federal courts of the United States have exclusive jurisdiction. The choice of forum provision may limit a stockholder’s
ability to bring a claim in a judicial forum that it finds favorable for disputes with us or our directors, officers, or other employees,
which may discourage such lawsuits against us and our directors, officers, and other employees. Alternatively, if a court were to find
the choice of forum provision contained in our Charter to be inapplicable or unenforceable in an action, we may incur additional costs
associated with resolving such action in other jurisdictions, which could harm our business, results of operations, and financial condition.

Additionally, Section 22 of the Securities Act creates concurrent jurisdiction
for federal and state courts over all suits brought to enforce any duty or liability created by the Securities Act or the rules and regulations
thereunder. As noted above, our Charter and our Bylaws will provide that the federal district courts of the United States of America shall
have jurisdiction over any action arising under the Securities Act. Accordingly, there is uncertainty as to whether a court would enforce
such provision. Our stockholders will not be deemed to have waived our compliance with the federal securities laws and the rules and regulations
thereunder.

We are an “emerging growth company.” The reduced
public company reporting requirements applicable to emerging growth companies may make our common stock less attractive to investors.

We qualify as an “emerging growth company,” as defined
in the JOBS Act. While we remain an emerging growth company, we are permitted and plan to rely on exemptions from certain disclosure requirements
that are applicable to other public companies that are not emerging growth companies. These provisions include:

(1)presenting only two years of audited financial statements, (2) presenting only two years of related selected financial data and “Management’s
Discussion and Analysis of Financial Condition and Results of Operations” disclosure, (3) an exemption from compliance with the
auditor attestation requirement in the assessment of our