Company: AIRJW
Filing Date: 2025-05-05
Form Type: 424B3
Source: 0001213900-25-039770
Chunk: 13

Company: AirJoule Technologies Corp.
Filing Date: 2025-05-05
Form: 424B3
Chunk 13
---
 of Class A Common Stock subject to all
prior Market Open Purchases, all prior Intraday Purchases and all prior Fixed Purchases (as applicable) effected by us under the Purchase
Agreement, including all prior purchases effected on the same Purchase Date as such applicable Intraday Purchase, have been received by
B. Riley Principal Capital II at such time and in the manner set forth in the Purchase Agreement.

The per share purchase price for the shares of
Class A Common Stock that we elect to sell to B. Riley Principal Capital II in an Intraday Purchase pursuant to the Purchase
Agreement, if any, will be calculated in the same manner as in the case of a Market Open Purchase (including the same fixed 3.0% discount
to the applicable VWAP used to calculate the per share purchase price for a Market Open Purchase, as described above), provided that the
VWAP for each Intraday Purchase effected on a Purchase Date will be calculated over different Intraday Purchase Valuation Periods during
the regular trading session on Nasdaq on such Purchase Date, each of which will commence and end at different times on such Purchase Date.

Furthermore, after the Commencement, in lieu of
a Market Open Purchase or Intraday Purchase described above, we will also have the right, but not the obligation (subject to the continued
satisfaction of the purchase conditions contained in the Purchase Agreement), to direct B. Riley Principal Capital II to purchase,
on any Purchase Date, a specified number of shares of Class A Common Stock (the “Fixed Purchase Amount”) equal to the
quotient obtained by dividing (i) $50,000, by (ii) the closing sale price of the Class A Common Stock on the trading
day immediately preceding the applicable Purchase Date (each, an “Fixed Purchase”), by timely delivering an irrevocable written
notice of such Fixed Purchase to B. Riley Principal Capital II prior to the commencement of trading of the Class A Common
Stock on such Purchase Date (the “Fixed Purchase Notice”), so long as (i) the closing sale price of the Class A
Common Stock on Nasdaq on the trading day immediately prior to such Purchase Date is not less than the Threshold Price and (ii) all
shares of Class A Common Stock subject to all prior Market Open Purchases, all prior Intraday Purchases, and all prior Fixed Purchases
(as applicable) effected by us under the Purchase Agreement have been received by B. Riley Principal