Company: NOEMW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004368
Chunk: 281

Company: CO2 Energy Transition Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 281
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 global scale. Any such disruptions may also have the effect of heightening many of the other risks described in this section. If
these disruptions or other matters of global concern continue for an extensive period of time, our ability to consummate an initial business
combination, or the operations of a target business with which we may ultimately consummate an initial business combination, may be materially
adversely affected.

We may not be able to complete our initial
business combination within the prescribed time frame, in which case we would cease all operations except for the purpose of winding up
and we would redeem our public shares and liquidate, in which case our public stockholders may receive only $10.00 per share, or less
than such amount in certain circumstances, and our warrants and rights will expire worthless.

Our sponsor, directors and
officers have agreed that we must complete our initial business combination within 18 months from the closing of our IPO (or up to
24 months from the closing of our IPO if we extend the period of time to consummate a business combination, as described in more
detail in this Report). We may not be able to find a suitable target business and complete our initial business combination within such
time period. Our ability to complete our initial business combination may be negatively impacted by general market conditions, volatility
in the capital and debt markets and the other risks described herein, including as a result of terrorist attacks, natural disasters or
a significant outbreak of infectious diseases.

29

If we have not completed our
initial business combination within such time period or during any Extension Period, we will: (1) cease all operations except for
the purpose of winding up; (2) as promptly as reasonably possible but not more than 10 business days thereafter, redeem the
public shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the trust account, including
interest (less up to $100,000 of interest to pay dissolution expenses (which may include the costs associated with obtaining directors
and officers “tail” insurance) and which interest shall be net of taxes payable), divided by the number of then issued
and outstanding public shares, which redemption will completely extinguish public stockholders’ rights as stockholders (including
the right to receive further liquidating distributions, if any); and (3) as promptly as reasonably possible following such redemption,
subject to the approval of our remaining stockholders and our board of directors, liquid