Company: AIRJW
Filing Date: 2025-03-27
Form Type: S-1
Source: 0001013762-25-002897
Chunk: 76

Company: AirJoule Technologies Corp.
Filing Date: 2025-03-27
Form: S-1
Chunk 76
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ance to   
 B. Riley      
 Principal     
 Capital II(2) |     | Gross Proceeds   
 from the Sale of 
 Purchase Shares  
 to B. Riley      
 Principal        
 Capital II       
 Under the        
 Purchase         
 Agreement        |            |
|:-----------------------------------------|:----|-----------------:|:----|:--------------|:----|:-----------------|-----------:|
| $5.00                                    |     |        4,250,000 |     | 7.05%         |     | $                | 21,250,000 |
| $6.00                                    |     |        4,250,000 |     | 7.05%         |     | $                | 25,500,000 |
| $7.17(3)                                 |     |        4,184,100 |     | 6.95%         |     | $                | 30,000,000 |
| $8.00                                    |     |        3,750,000 |     | 6.27%         |     | $                | 30,000,000 |
| $9.00                                    |     |        3,333,333 |     | 5.61%         |     | $                | 30,000,000 |

____________ (1)Although the Purchase Agreement provides that we may sell up to $30,000,000 of our Class A Common Stock to B. Riley Principal Capital II, we are only registering 4,250,000 Purchase Shares under the registration statement that includes this prospectus, which may or may not cover all of the shares of Class A Common Stock we ultimately sell to B. Riley Principal Capital II under the Purchase Agreement. We will not issue more than an aggregate of 11,261,790shares of our Class A Common Stock (i.e., the Exchange Cap), unless (i) we obtain stockholder approval to issue shares of Class A Common Stock in excess of the Exchange Cap in accordance with applicable Nasdaq rules, or (ii) the average price per share paid by B. Riley Principal Capital II for all of the shares of Class A Common Stock that we direct B. Riley Principal Capital II to purchase from us pursuant to the Purchase Agreement, if any, equals or exceeds $7.21 per share (in which case the Exchange Cap limitation will not apply to issuances and sales of Class A Common Stock pursuant to the Purchase Agreement). The number of shares to be issued as set