Company: NOEMW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004368
Chunk: 126

Company: CO2 Energy Transition Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 126
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 this Report). We may not be able to find a suitable target business and complete our initial business combination within such
time period. Our ability to complete our initial business combination may be negatively impacted by general market conditions, volatility
in the capital and debt markets and the other risks described herein, including as a result of terrorist attacks, natural disasters or
a significant outbreak of infectious diseases.

29

If we have not completed our
initial business combination within such time period or during any Extension Period, we will: (1) cease all operations except for
the purpose of winding up; (2) as promptly as reasonably possible but not more than 10 business days thereafter, redeem the
public shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the trust account, including
interest (less up to $100,000 of interest to pay dissolution expenses (which may include the costs associated with obtaining directors
and officers “tail” insurance) and which interest shall be net of taxes payable), divided by the number of then issued
and outstanding public shares, which redemption will completely extinguish public stockholders’ rights as stockholders (including
the right to receive further liquidating distributions, if any); and (3) as promptly as reasonably possible following such redemption,
subject to the approval of our remaining stockholders and our board of directors, liquidate and dissolve, subject in each case to our
obligations under Delaware law to provide for claims of creditors and the requirements of other applicable law. In such case, our public
stockholders may receive only $10.00 per share, or less than $10.00 per share, on the redemption of their shares, and our warrants and
rights will expire worthless. See “— If third parties bring claims against us, the proceeds held in the trust account
could be reduced and the per-share redemption amount received by stockholders may be less than $10.00 per share” and other
risk factors herein.

If we seek stockholder approval of our initial
business combination, our sponsor, directors, officers, advisors or any of their respective affiliates may elect to purchase shares, warrants
or rights from public stockholders, which may influence a vote on a proposed business combination and reduce the public “float”
of our securities.

If
we seek stockholder approval of our business combination and we do not conduct redemptions in connection with our business combination
pursuant to the tender offer