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Midas Edge

CO2 Energy Transition Corp.

For the period ended Dec 31, 2024. Filed Mar 31, 2025.

View on SEC.gov

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Mar 31, 2025

NOEM$10.500.0%Stored close · as of Nov 6, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits
Contents

Balance Sheets

December 31, 2024December 31, 2023
ASSETS
Current assets
Cash$953,069$2,112
Prepaid expenses220,947—
Total Current Assets1,174,0162,112
Deferred offering costs—247,560
Investments held in Trust Account69,310,897—
TOTAL ASSETS$70,484,913$249,672
LIABILITIES AND STOCKHOLDERS’ DEFICIT
Current liabilities
Accrued expenses$297,787$146,253
Accrued offering costs75,0007,384
Income tax payable61,039—
Promissory note – related party11,730432,880
Total Current Liabilities445,556586,517
Deferred underwriting fee2,070,000—
TOTAL LIABILITIES2,515,556586,517
Commitment and Contingencies (Note 6)
Common stock subject to possible redemption, 6,900,000 shares at redemption value of $10.03 per share69,233,258—
STOCKHOLDERS’ DEFICIT
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding at December 31, 2024 and 2023——
Common stock, $0.0001 par value; 40,000,000 shares authorized; 2,685,750 and 2,300,000 shares issued and outstanding at December 31, 2024 and 2023, respectively269230
Additional paid-in capital—24,770
Accumulated deficit(1,264,170)(361,845)
Total Stockholders’ Deficit(1,263,901)(336,845)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT$70,484,913$249,672
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.