Company: NOEMW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004368
Chunk: 1172

Company: CO2 Energy Transition Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 7A
Chunk 1172
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 be entered into by our initial stockholders, directors and officers Those lock-up provisions provide that such securities are
not transferable or salable (1) in the case of the founder shares, until the earlier of: (A) one year after the completion of
our initial business combination; and (B) subsequent to our initial business combination (x) if the last reported sale price
of shares of our common stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, rights issuances, consolidations,
reorganizations, recapitalizations and other similar transactions) for any 20 trading days within any 30-trading day period
commencing at least 150 days after our initial business combination or (y) the date on which we complete a liquidation, merger,
capital stock exchange, reorganization or other similar transaction that results in all of our public stockholders having the right to
exchange their shares of common stock for cash, securities or other property, and (2) in the case of the private placement units
and the respective shares of our common stock underlying such units, until 30 days after the completion of our initial business combination,
except in each case (a) to our directors or officers, any affiliates or family members of any of our directors or officers, any members
of our sponsor, or any affiliates of our sponsor, (b) in the case of an individual, by gift to a member of the individual’s
immediate family or to a trust, the beneficiary of which is a member of the individual’s immediate family or an affiliate of such
person, or to a charitable organization; (c) in the case of an individual, by virtue of laws of descent and distribution upon death
of the individual; (d) in the case of an individual, pursuant to a qualified domestic relations order; (e) by private sales
or transfers made in connection with the consummation of a business combination at prices no greater than the price at which the securities
were originally purchased; (f) in the event of our liquidation prior to our completion of our initial business combination; (g) in
the case of an entity, by virtue of the laws of its jurisdiction or its organizational documents or operating agreement; or (h) in
the event of our completion of a liquidation, merger, capital stock exchange, reorganization or other similar