CO2 Energy Transition Corp. (NOEMW) Warrant
Each NOEMW warrant gives the holder the right to buy 1 share of CO2 Energy Transition Corp. at $11.50 per share, for five years after the company completes its merger. The stock last closed at $10.51, below the strike, so the warrant is out of the money. CO2 Energy Transition Corp. has a market value of about $39.06M. CO2 Energy Transition Corp. is a SPAC (no deal announced yet). It must complete a deal by October 22, 2026 or the warrants expire worthless. There are 6.90M listed warrants; exercising all of them would add 185.7% to the 3.72M shares outstanding.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1
- Cash to exercise one warrant
- $11.50
- Expiry
- merger + 5 years
- Redemption trigger
- $18.00
- Cashless exercise
- allowed
- Break-even stock price
- $11.64
From the issuer's S-1/A (2024-10-23).
Company and stock
- Company
- CO2 Energy Transition Corp.
- Underlying stock
- NOEM
- Share price
- $10.51
- Market cap
- $39.06M
- Shares outstanding
- 3.72M
- 12-month range
- $10.16 – $12.00
- 12-month change
- +3%
- Value of all listed warrants
- $966.00K (2.5% of market cap)
- Industry
- Blank check company (SPAC)
- Head office
- Houston, TX
Market cap is the last share price times shares outstanding (as of 2026-08-13). Industry and head office are as the company reports them to the SEC. All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- $0.1400
- Price / model
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Dilution
- Shares outstanding
- 3.72M
- Listed warrants
- 6.90M
- Dilution if all exercised
- 185.7%
Warrant count from filing iXBRL: PublicWarrantsMember.
SPAC deal
- Status
- no deal announced yet
- Target
- —
- Deal announced
- —
- Deadline
- 2026-10-22
- Latest possible deadline
- 2027-06-22
- Trust per share
- $10.52
- Sponsor
- CO2 Energy Transition LLC
- Sponsor's earlier SPACs
- 0 (0 closed a deal)
- Chance of a deal
A SPAC warrant is worth nothing if no deal closes by the deadline.
Filings and events
Questions about NOEMW
When does the NOEMW warrant expire?
Five years after the SPAC completes its merger; if no merger closes by the deadline, the warrants expire worthless.
What is the strike price of NOEMW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
How many NOEMW warrants are outstanding?
6.90M listed warrants, equal to 185.7% dilution if all are exercised.
Related warrants
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