Company: NOEMW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004368
Chunk: 337

Company: CO2 Energy Transition Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 337
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 registered for resale.

57

We may issue additional shares of our common
stock to complete our initial business combination or under an employee incentive plan after completion of our initial business combination.
Any such issuances would dilute the interest of our stockholders and likely present other risks.

Our amended and restated
certificate of incorporation authorizes the issuance of up to 40,000,000 shares of our common stock, par value $0.0001 per share.
There are currently 22,353,625 authorized but unissued shares of our common stock available for issuance, which amount takes into account
shares reserved for issuance upon exercise of outstanding warrants and rights. There are no shares of preferred stock issued and outstanding.

We may issue a substantial
number of additional shares of our common stock in order to complete our initial business combination or under an employee incentive
plan after completion of our initial business combination. We may also enter into forward purchase agreements or other commitments to
purchase our securities prior to completion of our initial business combination. We may also issue shares of our common stock to redeem
the public warrants. However, our 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