Company: NOEMW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004368
Chunk: 131

Company: CO2 Energy Transition Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 131
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 will not later arise. As a result of these factors,
we may be forced to later write down or write off assets, restructure our operations, or incur impairment or other charges that could
result in our reporting losses. Even if our due diligence successfully identifies certain risks, unexpected risks may arise and previously
known risks may materialize in a manner not consistent with our preliminary risk analysis. Even though these charges may be non-cash items
and not have an immediate impact on our liquidity, the fact that we report charges of this nature could contribute to negative market
perceptions about us or our securities. In addition, charges of this nature may cause us to violate net worth or other covenants to which
we may be subject as a result of assuming pre-existing debt held by a target business or by virtue of our obtaining post-combination debt
financing. Accordingly, any stockholder or warrant holder who chooses to remain a stockholder or warrant holder, respectively, following
our initial business combination could suffer a reduction in the value of their securities. Such stockholders and warrant holders are
unlikely to have a remedy for such reduction in value.

If we were deemed to be an investment company
for purposes of the Investment Company Act, we may be forced to abandon our efforts to complete an initial business combination and instead
be required to liquidate the Company. To avoid that result, we may determine, in our discretion, to liquidate the securities held in the
trust account.

There is currently uncertainty
concerning the applicability of the Investment Company Act to a special purpose acquisition company (“SPAC”) and we
may be subject to a claim that we have been operating as an unregistered investment company. If we are deemed to be an investment company
for purposes of the Investment Company Act, we might be forced to abandon our efforts to complete an initial business combination and
instead be required to liquidate. If we are required to liquidate, our investors would not be able to realize the benefits of owning stock
in a successor operating business, including the potential appreciation in the value of our stock and warrants following such a transaction,
and our rights and warrants would expire worthless.

We do not believe that our
anticipated principal activities will subject us to the Investment Company Act. The funds in the trust account will be held initially
only in U.S. government treasury obligations with a maturity of 185 days or less or in money market funds investing solely in U.S. government
treasury obligations and