Company: NOEMW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004368
Chunk: 253

Company: CO2 Energy Transition Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 253
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 the completion of our initial business combination,
except in each case (a) to our directors or officers, any affiliates or family members of any of our directors or officers, any members
of our sponsor, or any affiliates of our sponsor, (b) in the case of an individual, by gift to a member of the individual’s
immediate family or to a trust, the beneficiary of which is a member of the individual’s immediate family or an affiliate of such
person, or to a charitable organization; (c) in the case of an individual, by virtue of laws of descent and distribution upon death
of the individual; (d) in the case of an individual, pursuant to a qualified domestic relations order; (e) by private sales
or transfers made in connection with the consummation of a business combination at prices no greater than the price at which the securities
were originally purchased; (f) in the event of our liquidation prior to our completion of our initial business combination; (g) in
the case of an entity, by virtue of the laws of its jurisdiction or its organizational documents or operating agreement; or (h) in
the event of our completion of a liquidation, merger, capital stock exchange, reorganization or other similar transaction which results
in all of our stockholders having the right to exchange their shares of our common stock for cash, securities or other property subsequent
to our completion of our initial business combination; provided, however, that in the case of clauses (a) through (e) these
permitted transferees must enter into a written agreement agreeing to be bound by these transfer restrictions.

Registration Rights

The holders of the founder
shares, private placement units and any units that may be issued on conversion of working capital loans up to $1,500,000 (and any shares
of our common stock issuable upon the exercise of the warrants included in the private placement units or units issued upon conversion
of the working capital loans) are, and will be, entitled to registration rights pursuant to a registration rights agreement requiring
us to register such securities for resale. In addition, our initial stockholders and their permitted transferees will be entitled to make
up to three demands, excluding short form registration demands, that we register such securities. Notwithstanding the foregoing, the Company
shall use its best efforts to file a registration statement within 30 days of our business combination to register such securities.
In addition,