Company: NOEMW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004368
Chunk: 122

Company: CO2 Energy Transition Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 122
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 Accordingly, if
we seek stockholder approval of our initial business combination, it is more likely that the necessary stockholder approval will be received
than would be the case if such persons agreed to vote their founder shares in accordance with the majority of the votes cast by our public
stockholders.

27

Your only opportunity to affect the investment
decision regarding a potential business combination will be limited to the exercise of your right to redeem your shares from us for cash,
unless we seek stockholder approval of such business combination.

At the time of your investment
in us, you will not be provided with an opportunity to evaluate the specific merits or risks of any target businesses. Additionally, since
our board of directors may complete a business combination without seeking stockholder approval, public stockholders may not have the
right or opportunity to vote on the business combination, unless we seek such stockholder approval. Accordingly, if we do not seek stockholder
approval, your only opportunity to affect the investment decision regarding a potential business combination may be limited to exercising
your redemption rights within the period of time (which will be at least 20 business days) set forth in our tender offer documents
mailed to our public stockholders in which we describe our initial business combination.

The ability of our public stockholders to
redeem their shares for cash may make our financial condition unattractive to potential business combination targets, which may make it
difficult for us to enter into a business combination with a target.

We may seek to enter into a
business combination transaction agreement with a prospective target that requires as a closing condition that we have a minimum net worth
or a certain amount of cash. If too many public stockholders exercise their redemption rights, we would not be able to meet such closing
condition and, as a result, would not be able to proceed with the business combination. The amount of the deferred underwriting discounts
payable to the underwriters will not be adjusted for any shares that are redeemed in connection with a business combination and such amount
of deferred underwriting discounts is not available for us to use as consideration in an initial business combination. If we are able
to consummate an initial business combination, the per-share value of shares held by non-redeeming stockholders will reflect
our obligation to pay and the payment of the deferred underwriting discounts. Consequently, if accepting all properly submitted redemption
requests would cause us to be unable to satisfy a closing condition as described above, unless the condition was waived, we would