Company: NOEMW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004368
Chunk: 916

Company: CO2 Energy Transition Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 5
Chunk 916
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 and officers are also
not prohibited from sponsoring, investing or otherwise becoming involved with, any other blank check companies, including in connection
with their initial business combinations, prior to us completing our initial business combination. Our management team, in their capacities
as directors, officers or employees of our sponsor or its affiliates or in their other endeavors, may choose to present potential business
combinations to the related entities described above, current or future entities affiliated with or managed by our sponsor, or third
parties, before they present such opportunities to us, subject to his or her fiduciary duties under applicable law and any other applicable
fiduciary duties.

74 

Our directors and officers
presently have, and any of them in the future may have, additional, fiduciary or contractual obligations to other entities pursuant to
which such officer or director is or will be required to present a business combination opportunity to such entity. Accordingly, if any
of our directors or officers becomes aware of a business combination opportunity that is suitable for an entity to which he or she has
then-current fiduciary or contractual obligations, he or she may need to honor these fiduciary or contractual obligations to present
such business combination opportunity to such entity, subject to his or her fiduciary duties under applicable law. Our amended and restated
certificate of incorporation provides that we renounce our interest in any corporate opportunity offered to any director or officer unless
such opportunity is expressly offered to such person solely in his or her capacity as a director or officer of the company and it is
an opportunity that we are able to complete on a reasonable basis. Our directors and officers are also not required to commit any specified
amount of time to our affairs, and, accordingly, will have conflicts of interest in allocating management time among various business
activities, including identifying potential business combinations and monitoring the related due diligence. See “Item 1A. Risk
Factors — Certain of our directors and officers are now, and all of them may in the future become, affiliated with entities
engaged in business activities similar to those intended to be conducted by us and, accordingly, may have conflicts of interest in determining
to which entity a particular business opportunity should be presented.”

We do not believe, however,
that the fiduciary duties or contractual obligations of our directors or officers will materially adversely affect our ability to identify
and pursue business combination opportunities or complete our initial business combination. You should not rely on the historical record
of our founders’