Company: NOEMW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004368
Chunk: 134

Company: CO2 Energy Transition Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 134
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 Investment Company
Act. However, notwithstanding the nature of our investments, it is still possible that we could be deemed an investment company. To mitigate
the risk that we might be deemed to be an investment company for purposes of the Investment Company Act, which risk increases the longer
that we hold investments in the trust account, we may, at any time, instruct the trustee to liquidate the investments held in the trust
account and instead to hold the funds in the trust account in cash or in an interest bearing demand deposit account at a bank. If we were
deemed to be subject to the Investment Company Act, compliance with these additional regulatory burdens would require additional expenses
for which we have not allotted funds and may hinder our ability to complete a business combination. If we have not completed our initial
business combination within the required time period, our public stockholders may receive only approximately $10.00 per share, or less
in certain circumstances, on the liquidation of our trust account and our warrants and rights will expire worthless.

33

Changes in laws or regulations, or a failure
to comply with any laws and regulations, may adversely affect our business, including our ability to negotiate and complete our initial
business combination, and results of operations.

We are subject to laws and
regulations enacted by national, regional and local governments. In particular, we will be required to comply with certain SEC and other
legal requirements. Compliance with, and monitoring of, applicable laws and regulations may be difficult, time consuming and costly. Those
laws and regulations and their interpretation and application may also change from time to time and those changes could have a material
adverse effect on our business, investments and results of operations. In addition, a failure to comply with applicable laws or regulations,
as interpreted and applied, could have a material adverse effect on our business, including our ability to negotiate and complete our
initial business combination, and results of operations.

Because we are not limited to a particular
industry or any specific target businesses with which to pursue our initial business combination, you will be unable to ascertain the
merits or risks of any particular target business’s operations.

Although we expect to focus
our search for a target business by concentrating our efforts on the production, servicing and transportation of Oil, Gas and LNG, we
may seek to complete a business combination with an operating company of any size (subject to our satisfaction of the 80% of net assets
test) and in any industry, sector or geographic area. However, we