Company: NOEMW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004368
Chunk: 82

Company: CO2 Energy Transition Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 82
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, in their capacities as directors, officers or employees
of our sponsor or its affiliates or in their other endeavors, may choose to present potential business combinations to the related entities
described above, current or future entities affiliated with or managed by our sponsor, or third parties, before they present such opportunities
to us, subject to his or her fiduciary duties under applicable law and any other applicable fiduciary duties. 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 more information, see the section entitled “Item 10.
Directors, Executive Officers, and Corporate Governance—Conflicts of Interest.”

6

Our directors and officers
presently have, and any of them in the future may have, additional, fiduciary or contractual obligations to other entities pursuant to
which such officer or director is or will be required to present a business combination opportunity to such entity. Accordingly, if any
of our directors or officers becomes aware of a business combination opportunity that is suitable for an entity to which he or she has
then-current fiduciary or contractual obligations, he or she may need to honor these fiduciary or contractual obligations to present
such business combination opportunity to such entity, subject to his or her fiduciary duties under applicable law. Our directors and
officers are also not required to commit any specified amount of time to our affairs, and, accordingly, will have conflicts of interest
in allocating management time among various business activities, including identifying potential business combinations and monitoring
the related due diligence. See “Item 1A. Risk Factors — Certain of our directors and officers are now, and all
of them may in the future become, affiliated with entities engaged in business activities similar to those intended to be conducted by
us, and accordingly, may have conflicts of interest in determining to which entity a particular business opportunity should be presented.”

We do not believe, however,
that the fiduciary duties or contractual obligations of our directors or officers will materially adversely affect our ability to identify
and pursue business combination opportunities or complete our initial business combination.

You should not rely on the
historical record of our founders’ and management’s performance as indicative of our future performance. See “Item
1A. Risk