Company: NOEMW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004368
Chunk: 335

Company: CO2 Energy Transition Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 335
---
months of the closing of our IPO (or up to 24 months from the closing of our IPO if we
extend the period of time to consummate a business combination, as described in more detail in this Report) is not considered a liquidating
distribution under Delaware law and such redemption distribution is deemed to be unlawful, then pursuant to Section 174 of the DGCL,
the statute of limitations for claims of creditors could then be six years after the unlawful redemption distribution, instead of
three years, as in the case of a liquidating distribution.

We have registered the issuance of the shares
of our common stock issuable upon exercise of the public warrants under the Securities Act, however, such registration may not be in place
when an investor desires to exercise warrants, thus precluding such investor from being able to exercise its warrants except on a cashless
basis and potentially causing such warrants to expire worthless.

We have registered the issuance
of the shares of common stock issuable upon exercise of the private warrants under the Securities Act, however, such registration may
not be in place when an investor desires to exercise warrants, thus precluding such investor from being able to exercise its warrants
except on a cashless basis and potentially causing such warrants to expire worthless. Additionally, under the terms of the warrant agreement,
we have agreed that, as soon as practicable after the closing of our initial business combination, we will use our best efforts to file
with the SEC a registration statement covering the issuance of such shares, and we will use our best efforts to cause the same to become
effective within 60 business days after the closing of our initial business combination and to maintain the effectiveness of such
registration statement and a current prospectus relating to those shares of our common stock until the warrants expire or are redeemed.
We cannot assure you that we will be able to do so if, for example, any facts or events arise which represent a fundamental change in
the information set forth in the registration statement or prospectus, the financial statements contained or incorporated by reference
therein are not current, complete or correct or the SEC issues a stop order. If any such registration statement has not been declared
effective by the 60th business day following the closing of the business combination, holders of the warrants shall have
the right, during the period beginning on the 61st business day after the closing of the business combination and ending
upon such registration statement being declared effective by the SEC, and during any other period when we