Company: NOEMW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004368
Chunk: 93

Company: CO2 Energy Transition Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 93
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 the event we seek stockholder
approval of our initial business combination and we do not conduct redemptions in connection with our initial business combination pursuant
to the tender offer rules, our sponsor, directors, officers, advisors or any of their respective affiliates may purchase public shares,
warrants or rights in privately negotiated transactions or in the open market either prior to or following the completion of our initial
business combination. There is no limit on the number of securities such persons may purchase. Additionally, at any time at or prior to
our initial business combination, subject to applicable securities laws (including with respect to material nonpublic information), our
sponsor, directors, officers, advisors or any of their respective affiliates may enter into transactions with investors and others to
provide them with incentives to acquire public shares, vote their public shares in favor of our initial business combination or not redeem
their public shares. However, they have no current commitments, plans or intentions to engage in such transactions and have not formulated
any terms or conditions for any such transactions. None of the funds held in the trust account will be used to purchase public shares,
warrants or rights in such transactions. Such persons will be subject to restrictions in making any such purchases when they are in possession
of any material non-public information or if such purchases are prohibited by Regulation M under the Exchange Act. Such
a purchase may include a contractual acknowledgement that such stockholder, although still the record holder of our shares, is no longer
the beneficial owner thereof and therefore agrees not to exercise its redemption rights. We have adopted an insider trading policy which
will require insiders to (1) refrain from purchasing securities during certain blackout periods and when they are in possession of
any material non-public information and (2) clear certain trades prior to execution. We cannot currently determine whether our
insiders will make such purchases pursuant to a Rule 10b5-1 plan, as it will be dependent upon several factors, including but
not limited to, the timing and size of such purchases. Depending on such circumstances, our insiders may either make such purchases pursuant
to a Rule 10b5-1 plan or determine that such a plan is not necessary.

12

In the event that our sponsor,
directors, officers, advisors or any of their respective affiliates purchase shares in privately negotiated transactions from public stockholders
who have already elected to exercise their redemption rights or submitted a proxy to vote against our initial business combination, such
selling stockholders would