AirJoule Technologies Announces Pricing of $20 Million Public Offering of Class A Common Stock
Rhea-AI Summary
AirJoule Technologies (NASDAQ: AIRJ) priced an underwritten public offering of 6,153,847 shares of Class A common stock at $3.25 per share, implying gross proceeds of approximately $20.0 million. The offering included participation by directors and executive officers who bought shares at the public price on the same terms.
The company granted the underwriter a 45-day option to purchase up to an additional 923,077 shares. Net proceeds are intended to fund growth capital, working capital and capital-efficient manufacturing readiness with strategic partners. The offering is expected to close on or about January 15, 2026, subject to customary closing conditions.
Positive
- Offering size: 6,153,847 shares (~$20.0M gross proceeds)
- Insider participation: directors and executives purchased at public price
- Use of proceeds: funding growth capital and manufacturing readiness
Negative
- Dilution: issuance of 6,153,847 shares to public investors
- Overallotment: underwriter option up to 923,077 additional shares
News Market Reaction
On the day this news was published, AIRJ declined 13.60%, reflecting a significant negative market reaction. Argus tracked a trough of -15.7% from its starting point during tracking. Our momentum scanner triggered 20 alerts that day, indicating elevated trading interest and price volatility. This price movement removed approximately $38M from the company's valuation, bringing the market cap to $241M at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
AIRJ is down 4.8% while peers show mixed, mostly modest moves: PPIH (-0.21%), INVE (-2.81%), APT (+0.42%), ASPN (+1.76%), JELD (-0.37%). This points to stock-specific pressure from the offering.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jan 13 | Equity offering launch | Negative | -4.8% | Announced commencement of underwritten Class A common stock offering. |
| Jan 08 | Program selection | Positive | +2.7% | Joined Net Zero Innovation Hub program to advance data center deployments. |
| Dec 19 | Strategic partnership | Positive | -1.2% | Partnered with Red Dot Ranch on off-grid residential water pilot in California. |
| Dec 02 | AI WPA progress | Positive | -3.8% | Advanced Nexus Data Centers MOU toward first industrial Water Purchase Agreement. |
| Nov 13 | Q3 2025 earnings | Neutral | -8.0% | Reported Q3 results with commercialization spend and detailed cash/JV position. |
News has often been met with selling pressure, including on positive partnership and commercialization updates, while dilutive or financing-related headlines saw aligned downside moves.
Over the last two months, AirJoule reported Q3 2025 results on Nov 13, 2025, highlighting commercialization steps, a $2.75M JV contribution with GE Vernova, and a $26.0M cash balance, yet shares fell 8.01%. Subsequent AI/data-center and partnership updates in December drew mixed reactions, including a -3.81% move on an AI/WPA milestone. On Jan 8, 2026, selection for the Net Zero Innovation Hub lifted shares 2.74%. The Jan 13, 2026 proposed offering under the S-3 shelf led to a -4.8% decline, setting the stage for today’s pricing announcement.
Regulatory & Risk Context
An effective Form S-3 shelf filed on Nov 14, 2025 authorizes up to $150,000,000 of securities, enabling offerings like the current $20 million deal to be executed via prospectus supplements without a new full registration.
Market Pulse Summary
The stock dropped -13.6% in the session following this news. The decline reflects market sensitivity to equity dilution from the $20 million underwritten offering at $3.25 per share, following a -4.8% move on the proposed deal. This fits a pattern where AIRJ often traded lower around financing and even some positive news. With an effective $150,000,000 S-3 shelf and prior PIPE and equity facilities, continued capital-raising capacity could remain an overhang for the stock.
Key Terms
underwritten public offering financial
shelf registration statement regulatory
form s-3 regulatory
registration statement regulatory
prospectus supplement regulatory
book-running manager financial
public offering price financial
AI-generated analysis. Not financial advice.
RONAN, Mont., Jan. 14, 2026 (GLOBE NEWSWIRE) -- AirJoule Technologies Corporation (NASDAQ: AIRJ) (“AIRJ” or the “Company”) today announced the pricing of an underwritten public offering of 6,153,847 shares of its Class A common stock, par value
The offering included participation from directors, officers and executive management of the Company including Patrick C. Eilers, the Company’s Executive Chairman and member of its Board of Directors, Matthew B. Jore, the Company’s Chief Executive Officer and member of its Board of Directors and Stuart D. Porter, a member of the Company’s Board of Directors, who each purchased shares of Class A common stock in this offering at the public offering price per share and on the same terms as the other purchasers in this offering.
The Company intends to use the net proceeds it receives from the offering to fund growth capital, working capital and for general corporate purposes, including advancing capital-efficient manufacturing readiness and supporting phased, demand-aligned deployment with strategic growth partners.
In addition, the Company has granted the underwriter a 45-day option to purchase up to an additional 923,077 shares of Class A common stock at the public offering price, less the underwriting discounts and commissions.
Lucid Capital Markets is acting as sole book-running manager for the offering. The offering is expected to close on or about January 15, 2026, subject to customary closing conditions.
The offering is being made only by means of a prospectus and a prospectus supplement that meet the requirements under the Securities Act of 1933, as amended. Copies of the preliminary prospectus supplement and accompanying base prospectus relating to the offering, may be obtained from: Lucid Capital Markets, LLC, 570 Lexington Avenue, 40th Floor, New York, New York 10022, or by accessing the SEC’s website at www.sec.gov. A final prospectus supplement will be filed with the SEC.
The Registration Statement was previously filed with the SEC on November 14, 2025 and was declared effective by the SEC on November 21, 2025. The Registration Statement may be obtained free of charge at the SEC’s website at www.sec.gov. This press release shall not constitute an offer to sell or the solicitation of an offer to buy the shares of Class A common stock or any other securities, nor shall there be any sale of such shares of Class A common stock or any other securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.
About AirJoule Technologies Corporation
AirJoule Technologies Corporation (NASDAQ: AIRJ) is the developer of AirJoule™, a platform technology that provides efficient and sustainable dehumidification and pure water from air.
Cautionary Note Regarding Forward-Looking Statements
This communication contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder. These forward-looking statements include statements regarding the proposed offering of Class A common stock, including statements regarding the size and terms of the offering, our use of proceeds therefrom and statements regarding completion of the offering. These forward-looking statements are identified by their use of terms and phrases such as “may,” “expect,” “estimate,” “project,” “plan,” “believe,” “intend,” “achievable,” “anticipate,” “will,” “continue,” “potential,” “should,” “could,” and similar terms and phrases that indicate future events and that do not relate to historical matters. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve certain assumptions, risks and uncertainties. Actual results could differ materially from those anticipated in these forward-looking statements as a result of certain factors, including, but not limited to, those set forth in the Company’s filings with the SEC, including the Registration Statement and the prospectus supplement relating to this offering, its Annual Report on Form 10-K for the fiscal year ended December 31, 2024 and its subsequent Quarterly Reports on Form 10-Q, under the caption “Risk Factors,” as may be updated from time to time in the Company’s periodic filings with the SEC. Any forward-looking statement in this press release speaks only as of the date of this release. The Company undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by any applicable securities laws.
Contacts
Investor Relations & Media:
Tom Divine – Vice President, Investor Relations and Finance
investors@airjouletech.com
FAQ
How many shares did AirJoule (AIRJ) offer in the January 14, 2026 public offering?
What are the expected gross proceeds from the AIRJ offering priced January 14, 2026?
Did AirJoule insiders participate in the AIRJ January 2026 offering?
Is there an overallotment option in the AIRJ January 2026 offering and how large is it?
How does AirJoule plan to use the net proceeds from the AIRJ offering?
When is the AIRJ public offering expected to close?
