AirJoule Technologies Corporation announced a public offering of its Class A common stock.
The offering is subject to market and other conditions, with no assurance on completion or terms.
Key executives of the company have shown interest in purchasing shares in the offering.
Public Offering
The company is commencing an underwritten public offering of Class A common stock.
Use of Proceeds
The net proceeds will be used for growth capital, working capital, and general corporate purposes.
Book-Running Manager
Lucid Capital Markets is the sole book-running manager for the offering.
- AirJoule aims to fund growth capital and manufacturing readiness with the proceeds from this offering.
- The company's strategic growth partners will benefit from the phased deployment supported by the offering.
AirJoule Technologies Corporation's move to offer Class A common stock reflects its focus on growth and development in sustainable technologies.