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CO2 Energy Transition Corp. (Ticker: NOEMU) is a blank check company incorporated in Delaware. It plans to target acquisitions in the carbon capture, utilization, and storage (CCUS) industry, focusing on energy transition businesses with enterprise values between $150 million and $200 million.
The company will list on November 21, 2024, on NASDAQ. CO2 Energy Transition Corp. is offering 6 million units at $10.00 per unit, aiming to raise $60 million. Each unit consists of one share of common stock, one redeemable warrant, and one right to acquire 1/8 of a share of common stock. The expected market capitalization at offer is $92.3 million. The offering is managed by Kingswood Capital Markets and EF Hutton.