Company: NOEMW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004368
Chunk: 177

Company: CO2 Energy Transition Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 177
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 and the per- share amount that would otherwise be received by our stockholders in connection with our liquidation
may be reduced.

If, before distributing the
proceeds in the trust account to our public stockholders, we file a winding-up or bankruptcy petition or an involuntary winding-up or
bankruptcy petition is filed against us that is not dismissed, the proceeds held in the trust account could be subject to applicable insolvency
law, and may be included in our liquidation estate and subject to the claims of third parties with priority over the claims of our stockholders.
To the extent any liquidation claims deplete the trust account, the per-share amount that would otherwise be received by our stockholders
in connection with our liquidation would be reduced.

If we have not completed our initial business
combination within the allotted time period, our public stockholders may be forced to wait beyond such allotted time period before redemption
from our trust account.

If we have not completed our
initial business combination within 18 months from the closing of the IPO (May 22, 2026)(or up to 24 months from the closing of our IPO
(November 22, 2026) if we extend the period of time to consummate a business combination, as described in more detail in this Report)
or during any Extension Period, we will distribute the aggregate amount then on deposit in the trust account, including interest (less
up to $100,000 of interest to pay dissolution expenses (which may include the costs associated with obtaining directors and officers “tail”
insurance) and which interest shall be net of taxes payable), pro rata to our public stockholders by way of redemption and cease all operations
except for the purposes of winding up of our affairs, as further described herein. Any redemption of public stockholders from the trust
account shall be effected automatically by function of our amended and restated certificate of incorporation prior to any voluntary winding
up. If we are required to windup, liquidate the trust account and distribute such amount therein, pro rata, to our public stockholders,
as part of any liquidation process, such winding up, liquidation and distribution must comply with the applicable provisions of Delaware
law. In that case, investors may be forced to wait beyond the allotted time period before the redemption proceeds of our trust account
become available to them and they receive the return of their pro rata portion of the proceeds from our trust account. We have no obligation
to return funds