Company: NOEMW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004368
Chunk: 171

Company: CO2 Energy Transition Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 171
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asdaq may delist our securities from trading
on its exchange, which could limit investors’ ability to make transactions in our securities and subject us to additional trading
restrictions.

We our units, shares, warrants
and rights are currently traded on Nasdaq. Although we currently meet the continued listing standards set forth in the Nasdaq listing
standards, we cannot assure you that our securities will be, or will continue to be, listed on Nasdaq in the future or prior to our initial
business combination. In order to continue listing our securities on Nasdaq prior to our initial business combination, we must maintain
certain financial, distribution and share price levels. In order to continue listing our securities on Nasdaq prior to our initial business
combination, we must maintain certain financial, distribution and stock price levels. Generally, we must maintain a $50 million market
value of listed securities, 1.1 million publicly available shares, a $15 million market value of publicly held shares and a minimum number
of holders of our securities (generally 400 public holders). Additionally, in connection with our initial business combination, we will
be required to demonstrate compliance with Nasdaq’s initial listing requirements, which are more rigorous than Nasdaq’s continued
listing requirements, in order to continue to maintain the listing of our securities on Nasdaq. or instance, our stock price would generally
be required to be at least $4.00 per share, the market value of listed securities would be required to be at least $75 million, we would
need to have 1.1 million publicly available shares and $20 million of market value of unrestricted publicly held shares, and we would
be required to have a minimum of 400 round lot holders (with at least 50% of such round lot holders holding securities with a market value
of at least $2,500) of our securities. We cannot assure you that we will be able to meet those initial listing requirements at that time.

If Nasdaq delists any of our
securities from trading on its exchange and we are not able to list our securities on another national securities exchange, we expect
such securities could be quoted on an over-the- counter market. If this were to occur, we could face significant material adverse consequences,
including:

●a limited availability of market quotations for our securities;

●reduced liquidity for our securities;

●a determination that our common stock is a “penny stock”
which will require brokers trading in our common stock to adhere to