secwatch.observer — SEC 8-K summary
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Issuer:     AirJoule Technologies Corp. (AIRJ)
CIK:        0001855474
Form:       8-K
Filed at:   2021-12-20T23:59:59+00:00
Accession:  0001213900-21-066441
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1855474/000121390021066441/0001213900-21-066441-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1855474/000121390021066441/ea152551-8k_poweranddigital2.htm
  HTML page:      https://secwatch.observer/filing/0001213900-21-066441

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