Company: NOEMW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004368
Chunk: 1144

Company: CO2 Energy Transition Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 7A
Chunk 1144
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 to sell an asset or paid to transfer a liability in
an orderly transaction between market participants. Fair value measurements are classified on a three-tier hierarchy as follows:

    ●
    Level 1 — defined as observable inputs such as quoted prices (unadjusted)
    for identical instruments in active markets;

    ●
    Level 2 — defined as inputs other than quoted prices in active markets
    that are either directly or indirectly observable such as quoted prices for similar instruments in active markets or quoted prices
    for identical or similar instruments in markets that are not active; and

    ●
    Level 3 — defined as unobservable inputs in which little or no market
    data exists, therefore requiring an entity to develop its own assumptions, such as valuations derived from valuation techniques in
    which one or more significant inputs or significant value drivers are unobservable.

F-18

The fair value of the Representative
Shares was determined using the Monte Carlo Simulation Model. The Representative Shares have been allocated between temporary equity
and stockholders’ deficit and will not require remeasurement after issuance. The following table presents the quantitative information
regarding market assumptions used in the valuation of the Representative Shares:

    November 22, 2024 
  
    Implied common stock price 
    $9.88 
  
    Lockup Term (years) 
     0.5 
  
    Probability of De-SPAC and Market Adjustment 
     7.5%
  
    Discount for Lack of Marketability 
    $(0.10)

The fair value of Public
Rights was determined using the Monte Carlo Simulation Model. The Public Rights have been classified within stockholders’ deficit
and will not require remeasurement after issuance. The following table presents the quantitative information regarding market assumptions
used in the valuation of the Public Rights:

    November 22, 2024 
  
    Traded price of Unit 
    $9.98 
  
    Expected Term to De-SPAC (Years) 
     1.5 
  
    Probability of De-SPAC and Market Adjustment 
     7.5%
  
    Risk-free rate 
    $4.45%
  
    Implied common stock price 
    $9.88 
  
    Fair value per share right 
    $0.09 

The fair value of the Public
Warrants was determined using the Monte Carlo Simulation Model. The Public Warrants have been classified within stockholders’ deficit
and will not require reme