Company: NOEMW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004368
Chunk: 326

Company: CO2 Energy Transition Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 326
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 of time to consummate
a business combination, as described in more detail in this Report) for any reason, compliance with Delaware law may require that we submit
a plan of dissolution to our then-existing stockholders for approval prior to the distribution of the proceeds held in our trust
account. In that case, public stockholders may be forced to wait beyond 18 months from the closing of the IPO (May 22, 2026)(or up to
24 months from the closing of our IPO (November 22, 2026) if we extend the period of time to consummate a business combination, as described
in more detail in this Report) before they receive funds from our trust account. In no other circumstances will a stockholder have any
right or interest of any kind to or in the trust account. Holders of public warrants will not have any right to the proceeds held in the
trust account with respect to the public warrants. Accordingly, to liquidate your investment, you may be forced to sell your public shares
and/or public warrants, potentially at a loss.

52

Nasdaq may delist our securities from trading
on its exchange, which could limit investors’ ability to make transactions in our securities and subject us to additional trading
restrictions.

We our units, shares, warrants
and rights are currently traded on Nasdaq. Although we currently meet the continued listing standards set forth in the Nasdaq listing
standards, we cannot assure you that our securities will be, or will continue to be, listed on Nasdaq in the future or prior to our initial
business combination. In order to continue listing our securities on Nasdaq prior to our initial business combination, we must maintain
certain financial, distribution and share price levels. In order to continue listing our securities on Nasdaq prior to our initial business
combination, we must maintain certain financial, distribution and stock price levels. Generally, we must maintain a $50 million market
value of listed securities, 1.1 million publicly available shares, a $15 million market value of publicly held shares and a minimum number
of holders of our securities (generally 400 public holders). Additionally, in connection with our initial business combination, we will
be required to demonstrate compliance with Nasdaq’s initial listing requirements, which are more rigorous than Nasdaq’s continued
listing requirements, in order to continue to maintain the listing of our securities on Nasdaq. or instance, our stock price would generally
be required to be at