Company: NOEMW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004368
Chunk: 182

Company: CO2 Energy Transition Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 182
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 amended and restated certificate of incorporation provides, among other things, that prior to our initial
business combination, we may not issue additional shares of common stock that would entitle the holders thereof to (1) receive funds
from the trust account or (2) vote as a class with our public shares on any initial business combination. The issuance of additional
shares of common stock or shares of preferred stock:

●may significantly
                                            dilute the equity interest of investors in our IPO;

●may subordinate
                                            the rights of holders of shares of common stock if shares of preferred stock are issued with
                                            rights senior to those afforded our shares of common stock;

●could cause a
                                            change of control if a substantial number of our shares of common stock is issued, which
                                            may affect, among other things, our ability to use our net operating loss carry forwards,
                                            if any, and could result in the resignation or removal of our present directors and officers;

●may have the effect
                                            of delaying or preventing a change of control of us by diluting the share ownership or voting
                                            rights of a person seeking to obtain control of us;

●may adversely
                                            affect prevailing market prices for our units, shares of common stock, warrants and/or rights;
                                            and

●may not result
                                            in adjustment to the exercise price of our warrants.

We may issue our shares to investors in
connection with our initial business combination at a price that is less than the prevailing market price of our shares at that time.

In connection with our initial
business combination, we may issue shares to investors in private placement transactions (so-called PIPE transactions) at a price
of $10.00 per share or which approximates the per-share amounts in our trust account at such time, which is generally approximately
$10.00. The purpose of such issuances will be to enable us to provide sufficient liquidity to the post-business combination entity.
The price of the shares we issue may therefore be less, and potentially significantly less, than the market price for our shares at such
time. As a result, you will experience further dilution.

The potential PIPE transactions
may result in costs particular to the de-SPAC process that would not be anticipated in a traditional initial public offering. The
potential PIPE transactions are intended to ensure a return on investment to the investor in return for funds facilitating the sponsor’s
completion of the initial business combination or providing sufficient liquidity.

58

The exercise price for the public