Company: AIRJW
Filing Date: 2025-04-28
Form Type: S-1/A
Source: 0001213900-25-036124
Chunk: 3

Company: AirJoule Technologies Corp.
Filing Date: 2025-04-28
Form: S-1/A
Chunk 3
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 of our Class A Common Stock held by the April 2025 PIPE Investors (as defined below) and (ii) 275,880shares of our Class A Common Stock held by the March 2024 PIPE Investor (as defined below). References herein to the “Selling Securityholders” are to B. Riley Principal Capital II, the April 2025 PIPE Investors and the March 2024 PIPE Investor, collectively. On April 23, 2025, we entered into subscription agreements (the “April 2025 PIPE Subscription Agreements”) with certain investors (the “April 2025 PIPE Investors”), pursuant to which, among other things, the April 2025 PIPE Investors agreed to subscribe for and purchase from us, and we agreed to issue and sell to the April 2025 PIPE Investors, an aggregate of 3,775,126 newly issued shares of Class A Common Stock at a purchase price of $3.98 per share on the terms and subject to the conditions set forth therein. On March 8, 2024, we entered into a subscription agreement (the “March 2024 PIPE Subscription Agreement”) with a certain investor (the “March 2024 PIPE Investor” and, together with the April 2025 PIPE Investors, the “PIPE Investors”) pursuant to which, among other things, we agreed to issue to the March 2024 PIPE Investor up to a certain amount of “true up” shares of Class A Common Stock in addition to the shares initially purchased under the March 2024 PIPE Subscription Agreement based on the trading performance of the Class A Common Stock on or prior to March 14, 2025. In March 2025, we issued 275,880shares of our Class A Common Stock to the March 2024 PIPE Investor in satisfaction of our obligations under the March 2024 PIPE Subscription Agreement. We are not selling any securities under this prospectus and will not receive any of the proceeds from the sale of our Class A Common Stock by the PIPE Investors. See “ Selling Securityholders — PIPE Investors” for additional information regarding the PIPE Investors. The PIPE Investors may sell or otherwise dispose of the Class A Common Stock described in this prospectus in a number of different ways and at varying prices. See “ Plan of Distribution (Conflict of Interest) — Offer and Resale of Class A Common Stock by the PIPE Investors” for more information about how the PIPE Investors may sell or otherwise dispose of the shares of Class A Common Stock acquired pursuant to the PIPE Subscription Agreements