other material
confidence high
sentiment neutral
materiality 0.70
CO2 Energy Transition Corp. closes IPO of 6.9M units at $10/unit, gross $69M
CO2 Energy Transition Corp.
- Closed IPO of 6,900,000 units at $10/unit (including full over-allotment exercise); gross proceeds $69,000,000.
- Private placement of 265,000 units to sponsor CO2 Energy Transition LLC for $2,650,000.
- $69,000,000 total from IPO and private placement deposited into trust account for public stockholders.
- Units (NOEMU) began trading on Nasdaq Nov 21; common (NOEM), warrants (NOEMW), rights (NOEMR) to trade separately.