Company: NOEMW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004368
Chunk: 199

Company: CO2 Energy Transition Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 199
---
 269  
     230 
  
    Additional paid-in capital 
     —  
     24,770 
  
    Accumulated deficit 
     (1,264,170) 
     (361,845)
  
    Total Stockholders’ Deficit 
     (1,263,901) 
     (336,845)
  
    TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT 
    $70,484,913  
    $249,672 

The accompanying notes
are an integral part of the financial statements.

F-3

CO2 ENERGY TRANSITION CORP.

STATEMENTS OF OPERATIONS

    For the Year Ended 
    December 31, 

    2024  
    2023 
  
    General and administrative expenses 
    $246,139  
    $184,365 
  
    Loss from operations 
     (246,139) 
     (184,365)

    Other income (expense): 

    Interest earned on investments held in Trust Account 
     310,897  
     — 
  
    Interest expense 
     (1,087) 
     — 
  
    Total other income  
     309,810  
     — 

    Income (loss) before provision for income taxes 
     63,671  
     (184,365)
  
    Provision for income taxes 
     (61,039) 
     — 
  
    Net income (loss) 
    $2,632  
    $(184,365)

    Basic weighted average shares outstanding, common stock subject to
possible redemption 
     735,246  
     — 
  
    Basic net income per share, common stock subject to possible redemption 
    $0.00  
     $
                                            — 
  
    Basic weighted average shares outstanding, non-redeemable common stock 
     2,073,072  
     2,000,000 
  
    Basic net income (loss) per share, non-redeemable common stock 
    $0.00  
    $(0.09)

The accompanying notes are an integral part
of the financial statements.

F-4

CO2 ENERGY TRANSITION CORP.

STATEMENTS OF CHANGES IN STOCKHOLDERS’
DEFICIT

FOR THE YEARS ENDED DECEMBER
31, 2023 AND 2024