Company: NOEMW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004368
Chunk: 342

Company: CO2 Energy Transition Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 342
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 a third-party’s
systems or other misappropriation or misuse of personal information could subject us to business, regulatory, litigation and reputation
risk, which could have a negative effect on our business, financial condition and results of operations.

ITEM 2. PROPERTIES

We currently maintain our
executive offices at 1334 Brittmoore Rd, Suite 190, Houston, Texas 77043. In addition, we may have officers that do not work from our
designated facilities due to telecommuting. We consider our current office space adequate for our current operations.

ITEM 3. LEGAL PROCEEDINGS

Although we may, from time
to time, be involved in litigation and claims arising out of our operations in the normal course of business, we are not currently a
party to any material legal proceeding. In addition, we are not aware of any material legal or governmental proceedings against us or
contemplated to be brought against us.

ITEM 4. MINE SAFETY DISCLOSURES.

This item is not applicable
to the Company.

60

PART II

ITEM 5. MARKET FOR REGISTRANT’S COMMON
EQUITY, RELATED STOCKHOLDER MATTERS, AND ISSUER PURCHASES OF EQUITY SECURITIES

Market Information

Our units, public shares,
public warrants and public rights are each traded on the Nasdaq Global Market under the symbols “NOEMU,” “NOEM”,
“NOEMW” and “NOEMR,” respectively. Our units commenced public trading on November 22, 2024, and
our public shares, public warrants and public rights commenced separate public trading on January 16, 2025.

Holders

On March 19, 2025, there were
two holders of record of our public units, five holders of record of our common stock, one holder of record of our public warrants, and
one holder of record our public rights.

The number of holders of
record does not include a substantially greater number of “street name’ holders or beneficial holders whose public units,
common stock and public warrants and public rights are held of record by banks, brokers and other financial institutions.

Dividends

We have not paid any cash
dividends on our common stock to date and do not intend to pay cash dividends prior to the completion of our initial business combination.
The payment of cash dividends in the future will be dependent upon our revenues and earnings, if any, capital requirements and general
financial condition