Company: NOEMW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004368
Chunk: 180

Company: CO2 Energy Transition Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 180
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 exercise warrants, thus precluding such investor from being able to exercise its warrants
except on a cashless basis and potentially causing such warrants to expire worthless. Additionally, under the terms of the warrant agreement,
we have agreed that, as soon as practicable after the closing of our initial business combination, we will use our best efforts to file
with the SEC a registration statement covering the issuance of such shares, and we will use our best efforts to cause the same to become
effective within 60 business days after the closing of our initial business combination and to maintain the effectiveness of such
registration statement and a current prospectus relating to those shares of our common stock until the warrants expire or are redeemed.
We cannot assure you that we will be able to do so if, for example, any facts or events arise which represent a fundamental change in
the information set forth in the registration statement or prospectus, the financial statements contained or incorporated by reference
therein are not current, complete or correct or the SEC issues a stop order. If any such registration statement has not been declared
effective by the 60th business day following the closing of the business combination, holders of the warrants shall have
the right, during the period beginning on the 61st business day after the closing of the business combination and ending
upon such registration statement being declared effective by the SEC, and during any other period when we fail to have maintained an effective
registration statement covering the shares of common stock issuable upon exercise of the warrants, to exercise such warrants on a “cashless
basis”. We shall provide the Warrant Agent with an opinion of counsel stating that (i) the exercise of the warrants on
a cashless basis is not required to be registered under the Securities Act and (ii) the shares of common stock issued upon such exercise
will be freely tradable under U.S. federal securities laws by anyone who is not an affiliate (as such term is defined in Rule 144
under the Act) of the Company and, accordingly, will not be required to bear a restrictive legend.

The grant of registration rights to our
initial stockholders and their respective permitted transferees may make it more difficult to complete our initial business combination,
and the future exercise of such rights may adversely affect the market price of shares of our common stock.

Additionally, pursuant to
a registration rights agreement, the Company shall use its best efforts to file a registration statement within 30 days of our initial
business combination,