other material
confidence high
sentiment neutral
materiality 0.65
AirJoule Technologies prices public offering of 6.15M shares at $3.25; expects $19.3M net proceeds
AirJoule Technologies Corp.
- Priced underwritten public offering of 6,153,847 shares of Class A common stock at $3.25 per share.
- Expected net proceeds of ~$19.3M; underwriter exercised option for 923,077 additional shares for ~$2.9M.
- Insiders including Executive Chairman Patrick Eilers, CEO Matthew Jore, and director Stuart Porter participated in the offering.
- Intends to use net proceeds for growth capital, working capital, and advancing capital-efficient manufacturing readiness.
- Offering expected to close on January 15, 2026; Lucid Capital Markets acting as sole bookrunner.