Montana Technologies Announces Underwritten Public Equity Offering

Claim 70% Off TipRanks PremiumUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Stay ahead of the market with the latest news and analysis and maximize your portfolio's potentialMontana Technologies ( (AIRJ) ) has shared an announcement. On January 14, 2026, AirJoule Technologies Corporation entered into an underwriting agreement with Lucid Capital Markets for an underwritten public offering of 6,153,847 shares of its Class A common stock, priced at $3.25 per share, under an effective shelf registration statement. The underwriter simultaneously exercised a 45-day option to purchase an additional 923,077 shares in full, bringing expected net proceeds to roughly $22.2 million, with the offering and option closings anticipated on or about January 15, 2026. Company directors and senior executives, including the executive chairman, CEO and a board member, participated in the offering on the same terms as other investors, signaling internal support for the equity raise. AirJoule plans to deploy the capital toward growth and working capital needs and general corporate purposes, notably to advance capital-efficient manufacturing readiness and support demand-aligned deployments with strategic partners, moves that are poised to strengthen its operational scale-up and commercialization trajectory in its niche climate and water technology markets. The most recent analyst rating on (AIRJ) stock is a Hold with a $4.00 price target. To see the full list of analyst forecasts on Montana Technologies stock, see the AIRJ Stock Forecast page. Spark’s Take on AIRJ Stock According to Spark, TipRanks’ AI Analyst, AIRJ is a Neutral. The score is held back primarily by weak operating results and negative cash flow, despite a strong low-debt balance sheet. Technicals show improving near-term momentum but a still-weak longer-term trend. Valuation is challenged by negative earnings, while earnings-call updates and the recent financing-related event provide some support through partnerships, pilots, and funding to reach commercialization. To see Spark’s full report on AIRJ stock, click here. More about Montana Technologies AirJoule Technologies Corporation (NASDAQ: AIRJ) is a technology company that has developed AirJoule, a platform designed to deliver efficient, sustainable dehumidification and production of pure water from air, targeting applications that require advanced climate control and water-from-air solutions. Average Trading Volume: 381,647 Technical Sentiment Signal: Sell Current Market Cap: $253M Find detailed analytics on AIRJ stock on TipRanks’ Stock Analysis page.