secwatch.observer — SEC 8-K summary
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Issuer:     AirJoule Technologies Corp. (AIRJ)
CIK:        0001855474
Form:       8-K
Filed at:   2023-10-04T23:59:59+00:00
Accession:  0001013762-23-001742
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

XPDB signs Investment Agreement with CATL capping ownership at 9.8% in Montana deal
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- CATL parties agree to ≤9.8% economic/voting ownership in post-combination company; excess must be divested within 5 business days.
- CATL parties undertake not to access Montana’s trade secrets or reverse engineer its products, except per existing JV agreement.
- Montana to use reasonable best efforts to help CATL USA sell at least 2% of Montana units before Business Combination closes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1855474/000101376223001742/0001013762-23-001742-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1855474/000101376223001742/ea186320-8k425_power2.htm
  HTML page:      https://secwatch.observer/filing/0001013762-23-001742

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer