Company: NOEMW
Filing Date: 2025-05-13
Form Type: 10-Q
Source: 0001213900-25-042720
Chunk: 80

Company: CO2 Energy Transition Corp.
Filing Date: 2025-05-13
Form: 10-Q
Item: Part I, Item 8
Chunk 80
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 date of the consummation of the Company’s
Business Combination; or (ii) the date that the winding up of the Company is effective (such date, as applicable, the “Maturity
Date”), unless accelerated upon the occurrence of an Event of Default (as defined in the Working Capital Note).

Amounts outstanding under
the Working Capital Note, are convertible, at the option of the Sponsor, into units of the Company (“Working Capital Note Units”),
at a conversion price of $10.00 per Working Capital Note Unit. The Working Capital Note Units will be identical to the Private Units issued
to the Sponsor at the time of the Company’s Initial Public Offering.

21

Item 2. Management’s Discussion and Analysis
of Financial Condition and Results of Operations

General Information

This information should be read in conjunction
with the interim unaudited condensed financial statements and the notes thereto included in this Quarterly Report on Form 10-Q.

Certain capitalized terms used below and otherwise
defined below, have the meanings given to such terms in the footnotes to our unaudited condensed financial statements included above under
“Part I – Financial Information” – “Item 1. Financial Statements”.

Our logo and some of our trademarks and tradenames
are used in this Report. This Report also includes trademarks, tradenames and service marks that are the property of others. Solely for
convenience, trademarks, tradenames and service marks referred to in this Report may appear without the ®, ™ and SM symbols.
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extent under applicable law our rights or the rights of the applicable licensors if any, nor that respective owners to other intellectual
property rights will not assert, to the fullest extent under applicable law, their rights thereto. We do not intend the use or display
of other companies’ trademarks and trade names to imply a relationship with, or endorsement or sponsorship of us by, any other companies.

The market data and certain other statistical
information used throughout this Report are based on independent industry publications, reports by market research firms or other independent
sources that we believe to be reliable sources. Industry publications and third-party research, surveys and studies generally indicate
that their information has been obtained from sources believed to be reliable, although they do not guarantee the accuracy or completeness
of such information. We are responsible for all of the disclosures contained in this Report, and we believe these industry publications