Company: NOEMW
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-110040
Chunk: 9

Company: CO2 Energy Transition Corp.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 9
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 and if
they do vote, irrespective of whether they vote for or against the proposed transaction.

Notwithstanding the foregoing,
if the Company seeks stockholder approval of a Business Combination and it does not conduct redemptions pursuant to the tender offer rules,
the Certificate of Incorporation will provide that a Public Stockholder, together with any affiliate of such stockholder or any other
person with whom such stockholder is acting in concert or as a “group” (as defined under Section 13 of the Securities
Exchange Act of 1934, as amended (the “Exchange Act”)), will be restricted from redeeming its shares with
respect to more than an aggregate of 15% of the Public Shares, without the prior consent of the Company.

The Initial Stockholders
have agreed (a) to waive their redemption rights with respect to the Founder Shares and Public Shares held by them in connection
with the completion of a Business Combination, (b) to waive their liquidation rights with respect to the Founder Shares if the Company
fails to complete a Business Combination within 18 months (or up to 24 months in certain circumstances, discussed below) from
the closing of the Initial Public Offering, and (c) not to propose an amendment to the Certificate of Incorporation (i) to modify
the substance or timing of the Company’s obligation to allow redemptions in connection with a Business Combination or to redeem
100% of its Public Shares if the Company does not complete a Business Combination within the Combination Period (as defined below) or
(ii) with respect to any other provision relating to stockholders’ rights or pre-business combination activity, unless the
Company provides the Public Stockholders with the opportunity to redeem their Public Shares in conjunction with any such amendment. However,
if the Sponsor acquires Public Shares in or after the Initial Public Offering, such Public Shares will be entitled to liquidating distributions
from the Trust Account if the Company fails to complete a Business Combination within the Combination Period. If the Board of Directors
anticipates that the Company may not be able to consummate an initial business combination by May 22, 2026, the Board of Directors, by
resolution, may extend the period of time to consummate an initial Business Combination up to six times, each by an additional one month
(for a total of up to 24 months to complete a Business Combination). In order to extend the time available for the Company to consummate
an initial Business Combination