Company: NOEMW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004368
Chunk: 136

Company: CO2 Energy Transition Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 136
---
 be outside of our management’s areas of expertise.

Although we intend to target
a business combination in the production, servicing and transportation of Oil, Gas and LNG, we may consider a business combination outside
of our target focus, which may be outside of our management’s areas of expertise. If a business combination candidate is presented
to us and we determine that such candidate offers an attractive acquisition opportunity for our company, we may pursue it. In the event
we elect to pursue an acquisition outside of the areas of our management’s expertise, our management’s expertise may not be
directly applicable to its evaluation or operation, and the information contained in this Report regarding the areas of our management’s
expertise would not be relevant to an understanding of the business that we elect to acquire. As a result, our management may not be able
to adequately ascertain or assess all of the significant risk factors relevant to such acquisition. Accordingly, any stockholder or warrant
holder who chooses to remain a stockholder or warrant holder, respectively, following our initial business combination could suffer a
reduction in the value of their securities. Such stockholders and warrant holders are unlikely to have a remedy for such reduction in
value.

Although we have identified general criteria
and guidelines that we believe are important in evaluating prospective target businesses, we may enter into our initial business combination
with a target that does not meet such criteria and guidelines, and as a result, the target business with which we enter into our initial
business combination may not have attributes entirely consistent with our general criteria and guidelines.

Although we have identified
general criteria and guidelines for evaluating prospective target businesses, it is possible that a target business with which we enter
into our initial business combination will not have all of these positive attributes. If we complete our initial business combination
with a target that does not meet some or all of these criteria and guidelines, such combination may not be as successful as a combination
with a business that does meet all of our general criteria and guidelines. In addition, if we announce a prospective business combination
with a target that does not meet our general criteria and guidelines, a greater number of stockholders may exercise their redemption rights,
which may make it difficult for us to meet any closing condition with a target business that requires us to have a minimum net worth or
a certain amount of cash. In addition, if stockholder approval of the transaction is required by applicable law or stock exchange listing
requirements, or we decide to obtain stockholder approval for business or other reasons, it