Company: NOEMW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004368
Chunk: 81

Company: CO2 Energy Transition Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 81
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ustainable aviation fuels

4.Energy Transition Service entities

a.Measurement, testing and controls

b.Environmental and regulatory compliance

c.Marketing and trading CO2 tax credits

d.Project development and operational

e.Equipment and manufacturing

5

Competitive Advantage

Initial Business Combination
Criteria

Consistent with our strategy,
we have identified the following attributes and guidelines to evaluate potential business combination targets. We may decide, however,
to enter into our initial business combination with one or more businesses that do not meet these criteria and guidelines if we believe
such business presents a compelling investment opportunity. We intend to pursue an initial business combination with companies that have
the following characteristics:

a.Excellent fit in energy transition strategy;

b.$100 million – $1 billion in enterprise value;

c.Sound environmental and regulatory performance criteria;

d.Significant growth potential; and

e.Strong management team with energy transition experience.

These criteria are not intended
to be exhaustive. Any evaluation relating to the merits of a particular initial business combination may be based, to the extent relevant,
on these general guidelines as well as on other considerations, factors, and criteria that our management team may deem relevant. In
the event that we decide to enter into our initial business combination with a target business that does not meet the above criteria
and guidelines, we will disclose that the target business does not meet the above criteria in our stockholder communications related
to our initial business combination, which, as discussed in this Report, would be in the form of proxy solicitation materials or tender
offer documents that we would file with the SEC.

Additional Disclosures

Our Acquisition Process

To date, we have not selected
any business combination target and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly,
with any business combination target.

All of our officers have fiduciary
and contractual duties to our sponsor and to certain companies in which it has invested or to certain other entities. These entities
may compete with us for acquisition opportunities. Subject to their fiduciary duties under applicable law, none of the members of our
management team who are also employed by our sponsor or its affiliates have any obligation to present us with any opportunity for a potential
business combination of which they become aware. Our sponsor and directors and officers are also not prohibited from sponsoring, investing
or otherwise becoming involved with, any other blank check companies, including in connection with their initial business combinations,
prior to us completing our initial business combination. Our management team