Company: NOEMW
Filing Date: 2025-04-21
Form Type: 8-K
Source: 0001213900-25-033755
Chunk: 3

Company: CO2 Energy Transition Corp.
Filing Date: 2025-04-21
Form: 8-K
Item: Item 3.02
Chunk 3
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Item
3.02.

Unregistered Sales of Equity Securities.

The information disclosed
underItem 1.01of this Current Report on Form 8-K is incorporated by reference into thisItem 3.02to the
extent required herein. The units, shares, warrants and rights that may be issued pursuant to the Working Capital Note (the “ Working
Capital Note Securities”) will not be registered under the Securities Act of 1933, as amended (the “ Securities Act”),
and will be issued in reliance on the exemption from registration requirements thereof provided by Section 4(a)(2) of the Securities
Act. Each warrant which forms a part of the Working Capital Note Units (the “ Working Capital Note Warrants”) will entitle
the holder thereof to purchase one share of common stock of the Company at an exercise price of $11.50 per share, subject to certain adjustments.
The Working Capital Note Warrants will become exercisable on the later of (i) 30 days after the completion of the Business Combination
and (ii) 12 months from the closing of the Company’s IPO, subject to certain conditions and exceptions. Such Working Capital
Note Warrants will be identical to the warrants included in the units sold in the Company’s initial public offering, except that
the Working Capital Note Warrants and the common stock issuable upon the exercise of the Working Capital Note Warrants will not be transferable,
assignable or salable until 30 days after the completion of a Business Combination, subject to certain limited exceptions. Additionally,
the Working Capital Note Warrants will be exercisable on a cashless basis and will be non-redeemable so long as they are held by the initial
purchasers or their permitted transferees. If the Working Capital Note Warrants are held by someone other than the initial purchasers
or their permitted transferees, the Working Capital Note Warrants will be redeemable by the Company and exercisable by such holders on
the same basis as the public warrants sold in the IPO.