Montana Technologies raises ~$12M via PIPE of 1.2M shares for AirJoule; adopts executive severance plan

AirJoule Technologies Corp.

Private placement of ~1.2M Class A common shares for ~$12M gross proceeds to fund AirJoule commercialization.
CEO Matt Jore gets 12-month base salary on non-cause/good-reason termination; up to 18 months plus bonus on change-in-control.
CAO Jeff Gutke receives 9-month base salary severance; 12 months plus 100% target bonus on change-in-control.
Company partners with GE Vernova and Carrier to target AC, water harvesting, and data-center cooling markets.
Securities unregistered; company to file resale registration statement with SEC.

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