Plutux
$10.69
-0.47%
2026-09-02 15:59:49 EDT-$0.05
Financial Services
Shell Companies
NASDAQ
Active Trading

CO2 Energy Transition Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock ...

Price Action

$10.69
-0.47%-$0.05
High
Low
52W High-15.3%
Rel. vol
Interval
Range3.6h
VolumeSMA5SMA10
CO2 Energy Transition Corp., trading on NASDAQ under symbol NOEM, is a special purpose acquisition company (SPAC) incorporated in Delaware in 2021. It was established with the sole purpose of identifying and merging with a target business in the energy transition industry, particularly focusing on mid-sized CCUS companies with enterprise ...CO2 Energy Transition Corp., trading on NASDAQ under symbol NOEM, is a special purpose acquisition company (SPAC) incorporated in Delaware in 2021. It was established with the sole purpose of identifying and merging with a target business in the energy transition industry, particularly focusing on mid-sized CCUS companies with enterprise values between $150 million and $250 million. The company completed its IPO on January 16, 2025, raising approximately $69 million. As a blank check company, it holds capital in a trust account while seeking an acquisition. Led by CEO Brady Douglas Rodgers and Chairman Will Gray, the company operates as a subsidiary of CO2 Energy Transition, LLC. With only a small team (2-10 employees), it has minimal operating expenses, and its financials reflect no revenue, typical for a SPAC. The company's strategic focus is on decarbonization and reducing carbon dioxide and methane emissions, aligning with global trends toward clean energy. Its balance sheet shows a strong cash position (book value per share around $10) and no debt, providing a solid foundation for a future business combination. The management team brings experience in energy and finance, aiming to create shareholder value through a successful merger.
Founded
2021
Employees
3
CEO
Charles E. Fox
Full Name
CO2 Energy Transition Corp.
Sector
Financial Services
Industry
Shell Companies
ROE
2.10%
Market Cap
$0.10B
Current Ratio
0.21
WACC
5.46%
ROIC
-131.18%

Contact Information

346 482 6238
1334 Brittmoore Rd, Houston, TX 77043

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