Company: NOEMW
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-110040
Chunk: 95

Company: CO2 Energy Transition Corp.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 8
Chunk 95
---
 the fact that there are resource constraints, and the
benefits must be considered relative to their costs. Because of the inherent limitations in all disclosure controls and procedures, no
evaluation of disclosure controls and procedures can provide absolute assurance that we have detected all of our control deficiencies
and instances of fraud, if any. The design of disclosure controls and procedures also is based partly on certain assumptions about the
likelihood of future events, and there can be no assurance that any design will succeed in achieving its stated goals under all potential
future conditions.

Changes in Internal Control over Financial
Reporting

There was no change in our
internal control over financial reporting that occurred during the fiscal quarter ended September 30, 2025 that has materially affected,
or is reasonably likely to materially affect, our internal control over financial reporting.

30

PART II - OTHER INFORMATION

Item 1. Legal Proceedings

None

Item 1A. Risk Factors

The significant factors
known to us that could materially adversely affect our business, financial condition, or operating results are described in the Annual
Report on Form 10-K for the year ended December 31, 2024, which was filed with the Securities and Exchange Commission on March 31, 2025.
Any of these factors could result in a significant or material adverse effect on our results of operations or financial condition. Additional
risk factors not presently known to us or that we currently deem immaterial may also impair our business or results of operations. As
of the date of this Quarterly Report on Form 10-Q, there have been no material changes from the risk factors previously disclosed in our
Annual Report on Form 10-K, which are incorporated by reference herein.

Item 2. Unregistered Sales of Equity Securities
and Use of Proceeds.

Recent Sales of Unregistered Securities

There have been no sales
of unregistered securities during the quarter ended September 30, 2025, and for the period from October 1, 2025 to the filing date of
this Report, which have not previously been disclosed in a Current Report on Form 8-K.

Purchases of equity securities by the issuer
and affiliated purchasers

None.

Use of Proceeds

On November 22, 2024, the
Company consummated the Initial Public Offering of 6,900,000 Units, which includes the full exercise by the underwriters of their over-allotment
option in the amount of 900,000 Units, at $10.00 per Unit, generating gross