Company: NOEMW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004368
Chunk: 297

Company: CO2 Energy Transition Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 297
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 non-passive rights in a “TID U.S. business”
(defined as a U.S. business that (1) produces, designs, tests, manufactures, fabricates, or develops one or more critical technologies;
(2) owns or operates certain critical infrastructure; or (3) collects or maintains directly or indirectly sensitive personal data of U.S.
citizens), and certain acquisitions, leases, and concessions involving real estate even with no underlying U.S. business. Certain categories
of acquisitions of and investments in a U.S. business also may be subject to a mandatory notification requirement.

While our sponsor is not, nor
is it controlled by or have substantial ties to a non-U.S. person. Although we intend to enter into a business combination in which our
investors, both our sponsor and its affiliates as well as our public investors, would own a minority of the post-combination company,
we cannot guarantee that this will be the case. In addition, we cannot predict whether there will be significant ownership by non-U.S.
persons among our stockholders, among other factors that could affect the likelihood of a CFIUS or similar review.

If our business combination
with a U.S. business is subject to CFIUS review, we may determine that we are required to make a mandatory filing or that we will submit
a voluntary notice to CFIUS, or to proceed with the business combination without notifying CFIUS and risk CFIUS intervention, before or
after the closing of our initial business combination. CFIUS may decide to block or delay our business combination, impose conditions
to mitigate national security concerns with respect to such business combination or order us to divest all or a portion of a U.S. business
of the combined company without first obtaining CFIUS clearance. As a result, we may exclude companies in certain industries from consideration
as potential business combination partners, and companies in those industries may not view us as an attractive business combination partner,
reducing the pool of potential targets companies, and reducing the likelihood that we complete a business combination. We may be adversely
affected in terms of competing with other blank check companies or investment partners that do not have similar foreign ownership issues.

Moreover, the process of government
review, whether by the CFIUS or otherwise, could be lengthy, and we have 18 months (or up to 24 months if we extend the time
to complete our initial business combination in accordance with the procedures set forth in our amended and