Company: NOEMW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004368
Chunk: 363

Company: CO2 Energy Transition Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 363
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 the Society for Worldwide Interbank Financial Telecommunication
payment system. Certain countries, including the United States, have also provided and may continue to provide military aid or other
assistance to Ukraine and to Israel, increasing geopolitical tensions among a number of nations. The invasion of Ukraine by Russia and
the escalation of the Israel-Hamas conflict and the resulting measures that have been taken, and could be taken in the future, by NATO,
the United States, the United Kingdom, the European Union, Israel and its neighboring states and other countries have created global
security concerns that could have a lasting impact on regional and global economies. Although the length and impact of the ongoing conflicts
are highly unpredictable, they could lead to market disruptions, including significant volatility in commodity prices, credit and capital
markets, as well as supply chain interruptions and increased cyberattacks against U.S. companies. Additionally, any resulting sanctions
or further developments could impact the global economy and financial markets and lead to instability and lack of liquidity in capital
markets.

Any of the above mentioned
factors, or any other negative impact on the global economy, capital markets or other geopolitical conditions resulting from the Russian
invasion of Ukraine, the escalation of the Israel-Hamas conflict and subsequent sanctions or related actions, could adversely affect
the Company’s search for an initial business combination and any target business with which the Company may ultimately consummate
an initial business combination.

Liquidity and Capital Resources

As of December 31, 2024,
the Company had $953,069 in cash and working capital of $728,460. In connection with the Company’s assessment of going concern
considerations in accordance with Accounting Standards Codification (“ASC”) 205-40 “Going Concern,” and through
the consummation of the Initial Public Offering on November 22, 2024, the Company has sufficient funds for the working capital needs
of the Company until a minimum of one year from the date of issuance of these financial statements. The Company cannot be assured that
its plans to consummate an Initial Business Combination will be successful.

The Company does not believe
it will need to raise additional funds in order to meet the expenditures required for operating its business. However, if the estimate
of the costs of identifying a target business, undertaking in-depth due diligence and negotiating a Business Combination are less than
the actual amount necessary to do so, the Company may have insufficient funds available to operate its business prior to the initial
Business Combination.

F-9

NOTE 2.