Power & Digital Infrastructure II consummates $287.5M IPO; $290.4M placed in trust

AirJoule Technologies Corp.

IPO of 28.75M units at $10.00/unit, including full exercise of 3.75M over-allotment units.
Concurrent private placement of 11.125M warrants at $1.00/warrant to sponsor and BlackRock affiliates.
Net proceeds of $290.4M ($10.10/unit) deposited in trust account with Continental Stock Transfer & Trust.
Balance sheet as of Dec 14, 2021 shows $293.4M total assets, $290.4M trust, and $7.9M accumulated deficit.
Company has 18 months (extendable to 24) to complete initial business combination or will liquidate.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.