Company: NOEMW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004368
Chunk: 181

Company: CO2 Energy Transition Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 181
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 for our initial stockholders and their respective permitted transferees. In addition, our initial stockholders
and their respective permitted transferees can demand that we register the resale of their founder shares. In addition, our sponsor and
its permitted transferees can demand that we register the resale of the shares of common stock included in the private placement units
and the shares of our common stock issuable upon exercise of the warrants included in the private placement units, and holders of units
that may be issued upon conversion of working capital loans may demand that we register the resale of the securities included in such
units or the shares of our common stock issuable upon exercise of such warrants. We will bear the cost of registering these securities.
The registration and availability of such a significant number of securities for trading in the public market may have an adverse effect
on the market price of shares of our common stock. In addition, the existence of the registration rights may make our initial business
combination more costly or difficult to conclude. This is because the stockholders of the target business may increase the equity stake
they seek in the combined entity or ask for more cash consideration to offset the negative impact on the market price of shares of our
common stock that is expected when the shares of common stock owned by our initial stockholders or their permitted transferees, our private
placement units or units issued in connection with working capital loans are registered for resale.

57

We may issue additional shares of our common
stock to complete our initial business combination or under an employee incentive plan after completion of our initial business combination.
Any such issuances would dilute the interest of our stockholders and likely present other risks.

Our amended and restated
certificate of incorporation authorizes the issuance of up to 40,000,000 shares of our common stock, par value $0.0001 per share.
There are currently 22,353,625 authorized but unissued shares of our common stock available for issuance, which amount takes into account
shares reserved for issuance upon exercise of outstanding warrants and rights. There are no shares of preferred stock issued and outstanding.

We may issue a substantial
number of additional shares of our common stock in order to complete our initial business combination or under an employee incentive
plan after completion of our initial business combination. We may also enter into forward purchase agreements or other commitments to
purchase our securities prior to completion of our initial business combination. We may also issue shares of our common stock to redeem
the public warrants. However, our