RONAN, Mont., May 28, 2026 (GLOBE NEWSWIRE) -- AirJoule Technologies Corporation (NASDAQ:AIRJ) ("AirJoule Technologies" or the "Company"), a leading platform technology that unleashes the power of water from air, today announced that it has entered into a definitive securities purchase agreement with certain institutional investors for the purchase and sale of an aggregate of 3,658,536 shares of its common stock in a registered direct offering. The offering is expected to result in gross proceeds of approximately $15.0 million, before deducting placement agent fees and other offering expenses. The closing of the offering is expected to occur on or about June 1, 2026, subject to the satisfaction of customary closing conditions.

The Company intends to use the net proceeds from the offering for the commercialization of its AirJoule Core and AirJoule Prime systems and for general corporate purposes. Together with the Company's existing cash on hand, the net proceeds from this offering are expected to fully fund the Company into 2028.

"This raise reflects the continued confidence of long-term institutional investors in AirJoule's commercialization roadmap," said Matt Jore, Chief Executive Officer of AirJoule Technologies. "We are positioned to deliver on our path from validated field performance to commercial deployment, and to capitalize on the substantial opportunities emerging across our target water and energy markets."

Titan Partners, a division of American Capital Partners, is acting as the sole placement agent for the offering.

The offering is being made pursuant to an effective shelf registration statement on Form S-3 (File No. 333-291527) previously filed by the Company with the U.S. Securities and Exchange Commission (the "SEC") on November 14, 2025, and declared effective by the SEC on November 21, 2025. The shares of common stock are being offered only ...