{"url_path":"/sec/etss/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 Unregistered Sales of Equity Securities","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-06-29","source_url":"https://www.sec.gov/Archives/edgar/data/2085932/0001213900-26-072894-index.html","accession_number":"0001213900-26-072894","cik":"0002085932","ticker":"ETSS","issuer_name":"Energy Transition Special Opportunities","edgar_url":"https://www.sec.gov/Archives/edgar/data/2085932/0001213900-26-072894-index.html","primary_entity_key":"0002085932","primary_entity_name":"Energy Transition Special Opportunities"},"word_count":265,"has_tables":true,"body_markdown":"Item 2. Unregistered Sales of Equity Securities\nand Use of Proceeds.\n\n \n\nOn May 18, 2026, we consummated the Initial\nPublic Offering of 15,000,000 Units at $10.00 per Unit, generating gross proceeds of $150,000,000. Cohen & Company Capital\nMarkets, Inc. (“CCM”) acted as sole book-running manager of the Initial Public Offering. The securities in the offering\nwere registered under the Securities Act on registration statement on Form S-1 (No. 333-290458). The SEC declared the registration\nstatement effective on May 14, 2026.\n\n \n\nSimultaneously with the closing of the Initial\nPublic Offering, the Company consummated the sale of an aggregate of 5,375,000 Private Placement Warrants to the Sponsor and CCM at a\nprice of $1.00 per Private Placement Warrant, generating gross proceeds of $5,375,000. The foregoing issuances were made pursuant to the\nexemption from registration contained in Section 4(a)(2) of the Securities Act.\n\n \n\nThe Private Placement Warrants are identical to\nthe warrants underlying the Units sold in the Initial Public Offering, except that the Private Placement Warrants are not transferable,\nassignable or salable until after the completion of a Business Combination, subject to certain limited exceptions.\n\n \n\nOf the gross proceeds received from the Initial\nPublic Offering and the proceeds of the sale of the Private Placement Warrants, an aggregate of $150,750,000 ($10.05 per Unit) was placed\nin the Trust Account.\n\n \n\nWe paid a total of $9,598,172, consisting of $3,000,000\nof cash underwriting fees, $6,000,000 of deferred underwriting fees, and $598,172 of other offering costs.\n\n \n\nFor a description of the use of the proceeds generated\nin our Initial Public Offering, see Part I, Item 2 of this Quarterly Report."}