$NOEMW

CO2 Energy Transition Corp.

CIK:0001956648|SEC Filings

Condensed Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025
General and administrative costs	$ 182,348	$ 162,313	$ 379,077	$ 333,033
Loss from operations	(182,348)	(162,313)	(379,077)	(333,033)
Other income (expense):
Interest expense		(1,657)		(4,282)
Interest earned on investments held in Trust Account	637,095	729,611	1,269,249	1,455,374
Total other income	637,095	727,954	1,269,249	1,451,092
Income before provision for income taxes	454,747	565,641	890,172	1,118,059
Provision for income taxes	(127,175)	(146,750)	(253,438)	(292,766)
Net income	$ 327,572	$ 418,891	$ 636,734	$ 825,293
Common stock subject to possible redemption
Other income (expense):
Basic weighted average shares outstanding (in Shares)	6,900,000	6,900,000	6,900,000	6,900,000
Basic net income per share (in Dollars per share)	$ 0.03	$ 0.04	$ 0.07	$ 0.09
Diluted net income per share (in Dollars per share)	$ 0.03	$ 0.04	$ 0.07	$ 0.09
Non-redeemable common stock
Other income (expense):
Basic weighted average shares outstanding (in Shares)	2,685,750	2,685,750	2,685,750	2,685,750
Basic net income per share (in Dollars per share)	$ 0.03	$ 0.04	$ 0.07	$ 0.09
Diluted net income per share (in Dollars per share)	$ 0.03	$ 0.04	$ 0.07	$ 0.09

Condensed Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
Cash Flows from Operating Activities:
Net income	$ 636,734	$ 825,293
Adjustments to reconcile net income to net cash used in operating activities:
Interest earned on investments held in Trust Account	(1,269,249)	(1,455,374)
Changes in operating assets and liabilities:
Prepaid expenses	(7,833)	53,256
Prepaid insurance		(33,333)
Accounts payable and accrued expenses	(87,355)	(182,072)
Income tax payable	(495,834)	228,558
Net cash used in operating activities	(1,223,537)	(563,672)
Cash Flows from Financing Activities:
Proceeds from promissory notes - related party	297,823
Net cash provided by financing activities	297,823
Cash Flows from Investing Activities:
Investment of cash into Trust Account	(229,700)
Cash withdrawn from Trust Account for income and franchise taxes	874,988	79,891
Net cash provided by investing activities	645,288	79,891
Net Change in Cash	(280,426)	(483,781)
Cash – Beginning of period	287,601	953,069
Cash – End of period	7,175	469,288
Supplemental Cash Flow Information
Payment of operating costs through issuance of promissory note – related party	4,705
Cash paid for income taxes	$ 749,272

Condensed Balance Sheets - USD ($)	Jun. 30, 2026	Dec. 31, 2025
Current assets
Cash	$ 7,175	$ 287,601
Prepaid expenses	103,166	95,333
Total Current Assets	110,341	382,934
Investments held in Trust Account	72,737,856	72,113,895
TOTAL ASSETS	72,848,197	72,496,829
Current liabilities
Accounts payable and accrued expenses	129,923	142,278
Accrued offering costs		75,000
Income tax payable	80,269	576,103
Total Current Liabilities	519,745	805,111
Deferred underwriting fee	2,070,000	2,070,000
TOTAL LIABILITIES	2,589,745	2,875,111
Common Stock Subject to Possible Redemption (Notes 2 and 7)
Common stock subject to possible redemption, 6,900,000 shares issued and outstanding at redemption value of $10.52 and $10.35 per share as of June 30, 2026 and December 31, 2025, respectively	72,596,503	71,410,223
STOCKHOLDERS’ DEFICIT
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding at June 30, 2026 and December 31, 2025
Common stock, $0.0001 par value; 40,000,000 shares authorized; 2,685,750 shares issued and outstanding (excluding 6,900,000 shares subject to possible redemption) at June 30, 2026 and December 31, 2025, respectively	269	269
Additional paid-in capital
Accumulated deficit	(2,338,320)	(1,788,774)
Total Stockholders’ Deficit	(2,338,051)	(1,788,505)
TOTAL LIABILITIES, COMMON STOCK SUBJECT TO POSSIBLE REDEMPTION AND STOCKHOLDERS’ DEFICIT	72,848,197	72,496,829
Related Party
Current liabilities
Promissory notes - related party	$ 309,553	$ 11,730