Company: NOEMW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004368
Chunk: 397

Company: CO2 Energy Transition Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 397
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 director or officer unless
such opportunity is expressly offered to such person solely in his or her capacity as a director or officer of the company and it is
an opportunity that we are able to complete on a reasonable basis. Our directors and officers are also not required to commit any specified
amount of time to our affairs, and, accordingly, will have conflicts of interest in allocating management time among various business
activities, including identifying potential business combinations and monitoring the related due diligence. See “Item 1A. Risk
Factors — Certain of our directors and officers are now, and all of them may in the future become, affiliated with entities
engaged in business activities similar to those intended to be conducted by us and, accordingly, may have conflicts of interest in determining
to which entity a particular business opportunity should be presented.”

We do not believe, however,
that the fiduciary duties or contractual obligations of our directors or officers will materially adversely affect our ability to identify
and pursue business combination opportunities or complete our initial business combination. You should not rely on the historical record
of our founders’ and management’s performance as indicative of our future performance. See “Item 1A. Risk Factors — Past
performance by our management team and their respective affiliates may not be indicative of future performance of an investment in the
company.”

Potential investors should
also be aware of the following potential conflicts of interest:

●None of our directors or officers is required to commit his
or her full time to our affairs and, accordingly, may have conflicts of interest in allocating his or her time among various business
activities.

●In the course of their other business activities, our directors
and officers may become aware of investment and business opportunities that may be appropriate for presentation to us as well as the
other entities with which they are affiliated. Our management may have conflicts of interest in determining to which entity a particular
business opportunity should be presented. For a complete description of our management’s other affiliations, see “— Directors
and Officers.”

●Our initial stockholders, directors and officers have agreed
to waive their redemption rights with respect to any founder shares and public shares held by them in connection with the consummation
of our initial business combination. Additionally, our initial stockholders have agreed to waive their redemption rights with respect
to their founder shares if we fail to consummate our initial business combination within 18 months after the closing of our IPO
(or up to 24 months from the closing of our