Company: NOEMW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004368
Chunk: 341

Company: CO2 Energy Transition Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 341
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,000 of such loans may
be converted into units, at the price of $10.00 per unit at the option of the lender. Such units would be identical to the private placement
units. To the extent we issue shares of our common stock to effectuate a business combination, the potential for the issuance of a substantial
number of additional shares of our common stock upon exercise of these warrants or conversion rights could make us a less attractive
acquisition vehicle to a target business. Any such issuance will increase the number of issued and outstanding shares of our common stock
and reduce the value of the shares of our common stock issued to complete the business combination. Therefore, our warrants and founder
shares may make it more difficult to effectuate a business combination or increase the cost of acquiring the target business.

ITEM 1B. UNRESOLVED STAFF COMMENTS

None.

ITEM 1C. CYBERSECURITY

Risk Management and Strategy

Although, as a blank check
company, we do not have any operations, we are nonetheless subject to the risk of cybersecurity incidents. Among other things, the investments
in our Trust Account and bank deposits may be vulnerable to such incidents, and we may depend on the digital technologies of third parties.
We and third parties may be subject to cybersecurity attacks or security breaches. To the extent that we rely on the technologies of
third parties, we depend upon the personnel and the processes of such third parties to protect against cybersecurity incidents, and we
have no personnel or processes of our own for this purpose. In the event of a cybersecurity incident impacting us, our Management will
report to the Board of Directors and provide updates on the Management’s incident response plan for addressing and mitigating any
risks associated with such an incident. As an early stage company without significant investments in data security protection, we may
not be sufficiently protected against such occurrences. We also lack sufficient resources to adequately protect against, or to investigate
and remediate any vulnerability to, cyber incidents. It is possible that any of these occurrences, or a combination of them, could have
material adverse consequences on our business and lead to financial loss. We have not encountered any cybersecurity incidents since our
Initial Public Offering. In addition to our own cybersecurity risks, any proposed Business Combination target may have been subject to,
or may in the future be subject to, cybersecurity incidents.

To date, we have not experienced
any cybersecurity attacks. However, any such attack could adversely affect our business. Further, a penetration of our systems or