Company: NOEMW
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-110040
Chunk: 31

Company: CO2 Energy Transition Corp.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 31
---
 The Nine Months Ended September 30, 2024 
  
    General and administrative expenses 
    $154,489  
    $26,532  
    $487,522  
    $66,985 
  
    Interest earned on the Trust Account 
    $738,495  
     —  
    $2,193,869  
    $— 

    September 30,
 2025  
    December 31, 
2024 
  
    Cash 
    $343,499  
    $953,069 
  
    Investments held in Trust Account 
    $71,424,875  
    $69,310,897 

The CODM reviews interest
earned on the Trust Account to measure and monitor stockholders value and determine the most effective strategy of investment with the
Trust Account funds while maintaining compliance with the trust agreement. General and administrative expenses are reviewed and monitored
by the CODM to manage and forecast cash to ensure enough capital is available to complete a Business Combination within the Business Combination
period. The CODM also reviews general and administrative costs to manage, maintain and enforce all contractual agreements to ensure costs
are aligned with all agreements and budget. General and administrative costs, as reported on the condensed statements of operations, are
the significant segment expenses provided to the CODM on a regular basis. All other segment items included in net income or loss are reported
on the condensed statements of operations and described within their respective disclosures.

NOTE 11. SUBSEQUENT EVENTS

The Company evaluated subsequent
events and transactions that occurred after the unaudited condensed balance sheet date up to the date that the unaudited condensed financial
statements were issued. Based upon this review, the Company did not identify any subsequent events that would have required adjustment
or disclosure in the unaudited condensed financial statements. 

21

Item 2. Management’s Discussion and Analysis
of Financial Condition and Results of Operations

General Information

This information should
be read in conjunction with the interim unaudited condensed financial statements and the notes thereto included in this Quarterly Report
on Form 10-Q.

Certain capitalized terms
used below and otherwise defined below, have the meanings given to such terms in the footnotes to our unaudited condensed financial statements
included above under “Part I – Financial Information” – “Item 1. Financial Statements”.

Our logo and some of our
trademarks and tradenames are used in this Report. This Report also includes