CO2 Energy Transition Corp.

CO2 Energy Transition Corp. announced that its sponsor deposited an additional $229,700 into the trust account, extending the period to complete an initial business combination by one month. The new deadline for the business combination is July 22, 2026. This extension was facilitated by a $229,700 non-interest bearing convertible promissory note issued to the sponsor, convertible into units at $10.00 per unit.

CO2 Energy Transition Corp. announced its Annual Meeting on July 21, 2026, where stockholders will vote on critical proposals, including amending the company's charter and trust agreement to extend the deadline for consummating a business combination until June 22, 2027. This extension, if approved, would allow for up to eleven additional one-month periods, each requiring a deposit into the Trust Account. Without approval, the company faces liquidation by July 22, 2026. The Board recommends voting 'FOR' all proposals, which also include the election of five directors and the ratification of auditors.

CO2 Energy Transition Corp.'s sponsor, CO2 Energy Transition, LLC, deposited $229,700 into the company's trust account to extend the deadline for its initial Business Combination by one month, moving it to June 22, 2026. In connection with this extension, the company issued a convertible promissory note for $229,700 to the sponsor. The note does not accrue interest and is convertible into units at $10.00 per unit, with each unit comprising one common stock, one warrant, and one right.

CO2 Energy Transition Corp. reported a net income of $309,162 for the three months ended March 31, 2026, a decrease from $406,402 in the prior year. The company, a Special Purpose Acquisition Company (SPAC), has not commenced operations and generates income primarily from investments in its Trust Account. Management has identified a potential liquidity shortfall and mandatory liquidation if a business combination is not completed by May 22, 2026, raising substantial doubt about its ability to continue as a going concern.