CO2 Energy Transition Corp. (NASDAQ:NOEMU) announced the pricing of its $60 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “NOEMU”, Thursday, November 21, 2024.
The new SPAC intends to combine with a target company that is focused on reducing emissions through the generation of renewable energy or mitigating existing CO2 levels.
CO2 Energy is led by President and Chief Executive Officer Brady Rodgers, Chairman Charles E. Fox, Vice President of Business Development Mike Lessard, Chief Financial Officer Harold R. DeMoss III, and General Counsel Mark Mathews. Its Board of Directors also includes William H. Flores, Marcella Burke and James Wang.
Total SPAC deal count for 2024 year-to-date is now 49. This offering is expected to close on Friday, November 22, 2024.
Kingswood Capital Partners LLC is acting as sole underwriter of this offering. Loeb & Loeb LLP is serving as Issuer’s Counsel with Olshan Frome Wolosky LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust is acting as trustee.
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