Company: NOEMW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004368
Chunk: 306

Company: CO2 Energy Transition Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 306
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 opportunity should
be presented.

Until we consummate our initial
business combination, we intend to engage in the business of identifying and combining with one or more businesses. Our sponsor and directors
and officers are, or may in the future become, affiliated with entities that are engaged in a similar business. For more information,
see the section entitled “Item 10. Directors, Executive Officers, and Corporate Governance—Conflicts of Interest.”
Our sponsor and directors and officers are also not prohibited from sponsoring, investing or otherwise becoming involved with, any other
blank check companies, including in connection with their initial business combinations, prior to us completing our initial business combination.
Moreover, certain of our directors and officers have time and attention requirements for investment funds of which affiliates of our sponsor
are the investment managers.

Our directors and officers
also may become aware of business opportunities which may be appropriate for presentation to us and the other entities to which they owe
certain fiduciary or contractual duties. Accordingly, they may have conflicts of interest in determining to which entity a particular
business opportunity should be presented. These conflicts may not be resolved in our favor and a potential target business may be presented
to other entities prior to its presentation to us, subject to his or her fiduciary duties under applicable law. Our amended and restated
certificate of incorporation provides that we renounce our interest in any corporate opportunity offered to any director or officer unless
such opportunity is expressly offered to such person solely in his or her capacity as a director or officer of the company and it is an
opportunity that we are able to complete on a reasonable basis.

For a complete discussion of
our officers’ and directors’ business affiliations and the potential conflicts of interest that you should be aware of, please
see “Item 10. Directors, Executive Officers, and Corporate Governance—Directors and Officers,” “Item
10. Directors, Executive Officers, and Corporate Governance—Conflicts of Interest” and “Item 13. Certain Relations
and Related Transactions and Director Independence.”

Our directors, officers, security holders
and their respective affiliates may have competitive pecuniary interests that conflict with our interests.

We have not adopted a policy
that prohibits our directors, officers, security holders or their respective affiliates from having a direct or indirect pecuniary or
financial interest in any investment to be acquired or disposed of by us or in any transaction to which we are a party or have an interest.
In fact, we may enter into a business combination with a target business