Company: NOEMW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004368
Chunk: 605

Company: CO2 Energy Transition Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 2
Chunk 605
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 the planned use of proceeds from our Initial Public Offering and the private placement as described in our final prospectus
filed with the SEC pursuant to Rule 424(b) related to the Initial Public Offering.

ITEM 6. [RESERVED]

ITEM 7. MANAGEMENT’S DISCUSSION AND
ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.

The following discussion
of the Company’s historical performance and financial condition should be read together with the financial statements and related
notes in “Item 8. Financial Statements and Supplemental Data” of this Report. This discussion contains forward-looking statements
based on the views and beliefs of our management, as well as assumptions and estimates made by our management, see “Cautionary Statement
Regarding Forward-Looking Information”. These statements by their nature are subject to risks and uncertainties, and are influenced
by various factors. As a consequence, actual results may differ materially from those in the forward-looking statements. See “Item
1A. Risk Factors” of this report for the discussion of risk factors.

Summary of The Information Contained in
Management’s Discussion and Analysis of Financial Condition and Results of Operations

Our Management’s Discussion
and Analysis of Financial Condition and Results of Operations (MD&A) is provided in addition to the accompanying financial statements
and notes to assist readers in understanding our results of operations, financial condition, and cash flows. MD&A is organized as
follows:

    ●
    Company Overview. Discussion of our business and overall analysis of financial
    and other highlights affecting us, to provide context for the remainder of MD&A.

    ●
    Liquidity and Capital Resources. An analysis of changes in our balance sheets and cash flows
    and discussion of our financial condition.

    ●
    Results of Operations. An analysis of our financial results for the years ended December 31,
    2024 and 2023.

    ●
    Critical Accounting Estimates. A
Summary of critical accounting estimates.

Company Overview

We are a blank check company
incorporated in the state of Delaware on September 30, 2021 formed for the purpose of effecting a merger, amalgamation, share exchange,
asset acquisition, share purchase, reorganization or other similar business combination with one or more businesses. We intend to effectuate
our initial business combination using cash derived from the proceeds of the Initial Public Offering and the sale of the private placement
units, our shares, debt or a combination of cash, shares and debt.

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