Company: NOEMW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004368
Chunk: 153

Company: CO2 Energy Transition Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 153
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 each warrant exercisable for one share of common stock, for a purchase price of $2,650,000 in the aggregate and each right
entitling the holder to one-eighth of one share of common stock upon completion of the initial business combination, or $10.00 per
unit, that will also be worthless if we do not complete a business combination.

The founder shares are identical
to the shares of common stock included in the units sold in the IPO except that: (1) the founder shares are subject to certain transfer
restrictions contained in a letter agreement that our initial stockholders, directors and officers have entered into, (2) pursuant
to such letter agreement, our initial stockholders, directors and officers have agreed to waive: (i) their redemption rights with
respect to any founder shares and public shares held by them, as applicable, in connection with the completion of our initial business
combination; (ii) their redemption rights with respect to any founder shares and public shares held by them in connection with a
stockholder vote to amend our amended and restated certificate of incorporation (A) to modify the substance or timing of our obligation
to allow redemption in connection with our initial business combination or to redeem 100% of our public shares if we do not complete our
initial business combination within 18 months from the closing of the IPO (May 22, 2026)(or up to 24 months from the closing of our IPO
(November 22, 2026) if we extend the period of time to consummate a business combination, as described in more detail in this Report)
or (B) with respect to any other provision relating to stockholders’ rights or pre- initial business combination activity;
and (iii) their rights to liquidating distributions from the trust account with respect to any founder shares they hold if we fail
to complete our initial business combination within 18 months from the closing of the IPO (May 22, 2026)(or up to 24 months from the closing
of our IPO (November 22, 2026) if we extend the period of time to consummate a business combination, as described in more detail in this
Report) or during any Extension Period (although they will be entitled to liquidating distributions from the trust account with respect
to any public shares they hold if we fail to complete our initial business combination within the prescribed time frame); and (3) the