Company: NOEMW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004368
Chunk: 282

Company: CO2 Energy Transition Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 282
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ate and dissolve, subject in each case to our
obligations under Delaware law to provide for claims of creditors and the requirements of other applicable law. In such case, our public
stockholders may receive only $10.00 per share, or less than $10.00 per share, on the redemption of their shares, and our warrants and
rights will expire worthless. See “— If third parties bring claims against us, the proceeds held in the trust account
could be reduced and the per-share redemption amount received by stockholders may be less than $10.00 per share” and other
risk factors herein.

If we seek stockholder approval of our initial
business combination, our sponsor, directors, officers, advisors or any of their respective affiliates may elect to purchase shares, warrants
or rights from public stockholders, which may influence a vote on a proposed business combination and reduce the public “float”
of our securities.

If
we seek stockholder approval of our business combination and we do not conduct redemptions in connection with our business combination
pursuant to the tender offer rules, our sponsor, directors, officers or their affiliates may purchase shares in privately negotiated transactions
or in the open market either prior to or following the consummation of our initial business combination, although they are under no obligation
to do so. Please see “Item 1. Business—Organizational History and Business—Permitted
purchases and other transactions with respect to our securities”
for a description of how such persons will determine which stockholders to seek to acquire shares from. Such a purchase would 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. In the event that our sponsor, directors, officers or their affiliates
purchase shares in privately negotiated transactions from public stockholders who have already elected to exercise their redemption rights,
such selling stockholders would be required to revoke their prior elections to redeem their shares.

The
purpose of such purchases would be to (1) increase the likelihood of closing the business combination or (2) satisfy a closing condition
in an agreement with a target that requires us to have a minimum net worth or a certain amount of cash at the closing of the business
combination, where it appears that such requirement would otherwise not be met. This may result in the consummation of an initial business
combination that may not otherwise have been possible. To the extent