Company: NOEMW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004368
Chunk: 112

Company: CO2 Energy Transition Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 112
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 or (2) vote
as a class with our public shares on any initial business combination.

In the event we seek stockholder
approval in connection with our initial business combination, our amended and restated certificate of incorporation provides that we may
consummate our initial business combination only if approved by a majority of the shares of common stock voted by our stockholders at
a duly held stockholder meeting.

Comparison of redemption or
purchase prices in connection with our initial business combination and if we fail to complete our initial business combination.

21

The following table compares
the redemptions and other permitted purchases of public shares that may take place in connection with the completion of our initial business
combination and if we have not completed our initial business combination within 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) or during any Extension Period.

    Redemptions in Connection
with our Initial Business
Combination
     
    Other Permitted Purchases
of Public Shares by our
Affiliates
     
    Redemptions if we fail
to Complete an Initial
Business Combination
  
    Calculation of redemption price
     
    Redemptions at the time of our initial business combination may be made pursuant to a tender offer or in connection with a stockholder vote. The redemption price will be the same whether we conduct redemptions pursuant to a tender offer or in connection with a stockholder vote. In either case, our public stockholders may redeem their public shares for cash equal to the aggregate amount then on deposit in the trust account calculated as of two business days prior to the consummation of the initial business combination (which is initially anticipated to be $10.00 per share), including interest (which interest shall be net of taxes payable), divided by the number of then- issued and outstanding public shares, subject to the limitation that no redemptions will take place if following such redemptions, we will comply with any limitations (including, but not limited to, cash requirements) agreed to in connection with the negotiation of terms of a proposed business combination.

    If we seek stockholder approval of our initial business combination,
    our sponsor, directors, officers, advisors or any of their respective affiliates may purchase public shares or warrants in privately negotiated
    transactions or