Company: AIRJW
Filing Date: 2025-03-25
Form Type: 10-K
Source: 0001013762-25-002263
Chunk: 101

Company: AirJoule Technologies Corp.
Filing Date: 2025-03-25
Form: 10-K
Item: Item 1
Chunk 101
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 and we do not currently anticipate material capital expenditures to comply with applicable
environmental, health and safety laws and regulations. Nevertheless, compliance with existing or future governmental regulations, including,
but not limited to, those pertaining to international operations, export controls, business acquisitions, consumer and data protection,
environmental protection, employee health and safety, and taxes, could have a material impact on our business in subsequent periods. Please
see “Risk Factors” for a discussion of these potential impacts.

9

Legal Proceedings

We have not been, are not currently a party to, nor are we aware of,
any legal proceeding or claim which, in the opinion of management, is likely to materially adversely affect our business or financial
results or condition. From time to time, we may be subject to various claims, lawsuits and other legal and administrative proceedings
that may arise in the ordinary course of business. Some of these claims, lawsuits and other proceedings may range in complexity and result
in substantial uncertainty; it is possible that they may result in damages, fines, penalties, non-monetary sanctions or relief.

Facilities

Our principal executive office is located in Ronan, Montana. We currently
lease 4,000 square feet of office and research and development space in Polson, Montana. Along with the AirJoule JV manufacturing facility
in Newark, DE, the facility in Polson, MT accommodates our pilot product development and engineering functions. We believe that our office
and pilot prototyping spaces are adequate for our needs for the immediate future and, should we need additional space in connection with
our expansion plans, we believe we will be able to obtain additional space on commercially reasonable terms.

Human Capital Resources

As of December 31, 2024, we had seventeen employees and contractors,
fifteen of whom are located in the United States, one of whom is located in the United Kingdom and one of whom is located in the United
Arab Emirates. Most of our employees and contractors work remotely, and most of our engineering employees and contractors spend significant
time at our research facility in Polson, MT and at the AirJoule JV manufacturing facility in Newark, DE. None of our employees or contractors
are represented by a labor union. We have not experienced any work stoppages, and we believe we maintain good employee and contractor
relations.

Available Information

Our website address is www.airjouletech.com. We use our website as
a routine channel for distribution of information that may be material to investors,