secwatch.observer — SEC 8-K summary
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Issuer:     AirJoule Technologies Corp. (AIRJ)
CIK:        0001855474
Form:       8-K
Filed at:   2024-08-23T23:59:59+00:00
Accession:  0001213900-24-072026
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Montana Technologies Q2 2024: No revenue reported; progress on AirJoule commercialization
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- Signed MOUs with TenX (UAE) and CIC (Australia) for AirJoule water production deployments.
- Completed $12M private placement; ended Q2 with $35M cash, sufficient through 2026.
- Began build-out of 30,000 sq ft facility in Newark, DE; initial manufacturing line expected mid-2025.
- Expanded team: hired VP Business Development, VP Operations, VP Supply Chain, others.
- Restated Q1 2024 financials due to equity method accounting change for GE Vernova JV.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1855474/000121390024072026/0001213900-24-072026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1855474/000121390024072026/ea0212160-8k_montana.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-072026

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