{"url_path":"/sec/noem/10-q/2026/cover-page","section_key":"cover-page","section_title":"Cover Page","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-15","source_url":"https://www.sec.gov/Archives/edgar/data/1956648/0001213900-26-056909-index.html","accession_number":"0001213900-26-056909","cik":"0001956648","ticker":"NOEM","issuer_name":"CO2 Energy Transition Corp.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1956648/0001213900-26-056909-index.html","primary_entity_key":"0001956648","primary_entity_name":"CO2 Energy Transition Corp."},"word_count":609,"has_tables":true,"body_markdown":"**UNITED\nSTATES **\n\n**SECURITIES\nAND EXCHANGE COMMISSION**\n\n**Washington,\nD.C. 20549**\n\n \n\n**FORM\n10-Q**\n\n \n\n**(MARK\nONE)**\n\n☒ **QUARTERLY\nREPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**\n\n \n\n**For\nthe quarter ended March 31, 2026**\n\n \n\n☐ **TRANSITION\nREPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**\n\n \n\n**For\nthe transition period from                    to                       **\n\n \n\n**Commission\nfile number: 001-42417**\n\n \n\n**CO2\nENERGY TRANSITION CORP.**\n\n(Exact\nName of Registrant as Specified in Its Charter) \n\n \n\n**Delaware**   **87-2950691**\n\n(State or other jurisdiction of\nincorporation or organization)   (I.R.S. Employer\nIdentification No.)\n\n \n\n**1334\nBrittmoore Rd, Suite 190**\n\n**Houston,\nTexas 77043**\n\n(Address\nof principal executive offices)\n\n \n\n**(346)\n250-5000**\n\n(Issuer’s\ntelephone number)\n\n \n\nSecurities\nregistered pursuant to Section 12(b) of the Act:\n\n \n\n**Title of each class**   **Trading Symbol(s)**   **Name of each exchange on which registered**\n\nCommon Stock   NOEM   The Nasdaq Stock Market LLC\n\nWarrants   NOEMW   The Nasdaq Stock Market LLC\n\nRights   NOEMR   The Nasdaq Stock Market LLC\n\nUnits    NOEMU   The Nasdaq Stock Market LLC\n\n \n\nCheck\nwhether the issuer (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 12 months (or\nfor such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements\nfor the past 90 days. Yes ☒ No ☐\n\n \n\nIndicate\nby check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule\n405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant\nwas required to submit such files). Yes ☒ No ☐\n\n \n\nIndicate\nby check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting\ncompany or an emerging growth company. See definitions of “large accelerated filer”, “accelerated filer”, “smaller\nreporting company”, and “emerging growth company” in Rule 12b-2 of the Exchange Act.\n\n \n\nLarge accelerated filer ☐   Accelerated filer ☐\n\nNon-accelerated filer ☒   Smaller reporting company ☒\n\n    Emerging growth company ☒\n\n \n\nIf\nan emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying\nwith any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐\n\n \n\nIndicate\nby check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☒  No ☐\n\n \n\nAs of May 14, 2026, there were 9,585,750 shares of common stock, $0.0001\npar value, issued and outstanding. \n\n \n\n \n\n \n\n \n\n \n\n**CO2\nENERGY TRANSITION CORP.**\n\n**FORM\n10-Q FOR THE QUARTER ENDED MARCH 31, 2026**\n\n**TABLE\nOF CONTENTS**\n\n** **\n\n \n \n**Page**\n\n[Part I. Financial Information](#a_001)\n \n1\n\n[Item 1. Condensed Interim Financial Statements](#a_002)\n \n1\n\n[Condensed Balance Sheets as of March 31, 2026 (Unaudited) and December 31, 2025](#a_003)\n \n1\n\n[Condensed Statements of Operations for the Three Months Ended March 31, 2026 and 2025 (Unaudited)](#a_004)\n \n2\n\n[Condensed Statements of Changes in Stockholders’ Deficit for the Three Months Ended March 31, 2026 and 2025 (Unaudited)](#a_005)\n \n3\n\n[Condensed Statements of Cash Flows for the Three Months Ended March 31, 2026 and 2025 (Unaudited)](#a_006)\n \n4\n\n[Notes to Condensed Financial Statements (Unaudited)](#a_007)\n \n5\n\n[Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations](#a_008)\n \n21\n\n[Item 3. Quantitative and Qualitative Disclosures About Market Risk](#a_009)\n \n29\n\n[Item 4. Controls and Procedures](#a_010)\n \n29\n\n[Part II. Other Information](#a_011)\n \n30\n\n[Item 1. Legal Proceedings](#a_012)\n \n30\n\n[Item 1A. Risk Factors](#a_013)\n \n30\n\n[Item 2. Unregistered Sales of Equity Securities and Use of Proceeds](#a_014)\n \n30\n\n[Item 3. Defaults Upon Senior Securities](#a_015)\n \n30\n\n[Item 4. Mine Safety Disclosures](#a_016)\n \n31\n\n[Item 5. Other Information](#a_017)\n \n31\n\n[Item 6. Exhibits](#a_018)\n \n31\n\n[Part III. Signatures](#a_019)\n \n32\n\n \n\ni\n\n \n\n \n\n**PART\nI - FINANCIAL INFORMATION**"}