Company: AIRJW
Filing Date: 2025-03-25
Form Type: 10-K
Source: 0001013762-25-002263
Chunk: 118

Company: AirJoule Technologies Corp.
Filing Date: 2025-03-25
Form: 10-K
Item: Item 1
Chunk 118
---
 on certain foreign
goods, including steel and aluminum and has indicated a willingness to impose tariffs on imports of other products. As an example, on
February 1, 2025, the U.S. government announced a 25% tariff on product imports from certain countries, including Mexico and Canada, and
10% tariffs on product imports from certain countries, including China. Some foreign governments, including China, have instituted retaliatory
tariffs on certain U.S. goods and have indicated a willingness to impose additional tariffs on U.S. products. Other countries have threatened
retaliatory tariffs on certain U.S. products. Global trade disruption, significant introductions of trade barriers and bilateral trade
frictions, together with any future downturns in the global economy resulting therefrom, may limit our ability to obtain key components
for our AirJoule units or significantly increase freight charges, raw material costs and other expenses associated with our business,
which could materially and adversely affect our business, financial condition, prospects and results of operations.

17

Exchange rate fluctuations may materially affect our results
of operations and financial condition.

We anticipate that our partner and customer contracts will primarily
be denominated in U.S. dollars, and therefore substantially all of our revenue will not be subject to foreign currency risk. However,
a strengthening of the U.S. dollar could increase the real cost of AirJoule units to our customers outside of the United States, which
could adversely affect our operating results. In addition, a portion of our operating expenses are expected to be incurred and a portion
of our assets are expected to be held outside the United States. These operating expenses and assets would be denominated in foreign currencies
and are subject to fluctuations due to changes in foreign currency exchange rates. If we are not able to successfully hedge against the
risks associated with currency fluctuations, our operating results could be adversely affected.

Our failure to comply with applicable anti-corruption, anti-bribery,
anti-money laundering, antitrust, foreign investment and similar laws and regulations could negatively impact our reputation and results
of operations.

We are subject to the U.S. Foreign Corrupt Practices Act of 1977, as
amended, the U.S. domestic bribery statute contained in 18 U.S.C. § 201, the U.S. Travel Act, and other anti-bribery and anti-money
laundering laws in the countries in which we conduct activities. Anti-corruption and anti-bribery laws have been enforced aggressively