CO2 Energy Transition Corp.
NOEMW
NASDAQ Global Market0.10
USD
+0.00
- -
CIK
0001956648
ISIN
US12664M1119
CUSIP
12664M202
Return %
Stock
S&P500
1Y
-11.29
26.53
3Y
4.76
76.60
5Y
4.76
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Brady Douglas Rodgers
- Full Time Employees
- 2
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 1334 Brittmoore Rd Houston TX United States of America 77043
- IPO Date
- Nov 21, 2024
- CIK
- 0001956648
- Website
- co2et.com
- Similar Companies
- Business
- CO2 Energy Transition Corp. is a special purpose acquisition company (SPAC) incorporated in 2021 and headquartered in Houston, Texas, focusing on the carbon capture, utilization, and storage (CCUS) industry and broader energy transition sectors. The company targets acquisitions primarily in companies involved in CO2 emissions reduction technologies for electrical generation; generation of lower carbon-intensive fuels such as biodiesel, renewable diesel, electrofuels, blue/green hydrogen, ammonia, and sustainable aviation fuels; energy transition services including measurement, testing, controls, CO2 tax credits marketing and trading, and project development; as well as carbon capture, transportation, and permanent storage technologies including direct air capture and saline storage. CO2 Energy Transition operates primarily across the United States and plans to target businesses with enterprise values between $150 million and $200 million. The company aims to serve diverse markets including industrial emitters, energy producers, and strategic partners focused on reducing carbon footprints. In its latest developments, CO2 Energy Transition Corp. completed an initial public offering (IPO) in November 2024, raising approximately $69 million through the sale of 6 million units priced at $10 each, including the full exercise of an over-allotment option. The IPO units consist of common stock, redeemable warrants, and stock purchase rights structured to enhance shareholder value. Post-IPO, the company added Kingswood Capital Markets as a joint book-runner alongside EF Hutton as financial advisor to support capital market activities. In 2025, it secured a $1.5 million convertible note from its sponsor, CO2 Energy Transition, LLC, committed to supporting the company’s business combination efforts and strategic growth. These recent operational and financial moves signal CO2 Energy Transition Corp.'s commitment to identifying and merging with a target company or companies aligned with its carbon reduction and energy transition vision. The company is led by CEO and Chairman Will Gray II, who brings extensive upstream and energy transition experience including management of CO2 pipeline operations and carbon capture projects. Brady Rodgers serves as President and COO, providing expertise in engineering, strategic mergers and acquisitions, and technical advisory within energy sectors. CO2 Energy Transition Corp. is positioned to capitalize on the growing demand for sustainable energy solutions and climate-related industrial advancements through its focused investment and acquisition strategy in the CCUS and related energy transition markets.