CO2 Energy Transition, LLC 4
4 · CO2 Energy Transition Corp. · Filed Nov 26, 2024
Insider Transaction Report
Form 4
CO2 Energy Transition, LLC
10% Owner
Transactions
- Purchase
Common Stock, par value $0.0001 per share
2024-11-22+265,000→ 25,650,000 total - Purchase
Warrants
2024-11-22+265,000→ 265,000 totalExercise: $11.50→ Common Stock (265,000 underlying) - Purchase
Warrants
2024-11-22+265,000→ 265,000 totalExercise: $11.50→ Common Stock (265,000 underlying)
Footnotes (4)
- [F1]Simultaneous with the closing of the initial public offering of CO2 Energy Transition Corp. (the "Company"), CO2 Energy Transition LLC (the "Sponsor") acquired 265,000 units in a private placement (the "Private Units"). Each Private Unit consists of one share of Common Stock, one Warrant to purchase one share of Common Stock at an exercise price of $11.50 per share and one Right entitling the holder to one-eighth of one share of Common Stock upon completion of an initial business combination.
- [F2]The Private Units were purchased for $10.00 per Private Unit.
- [F3]The Warrants will become exercisable at any time commencing 30 days after completion of the Company's initial business combination.
- [F4]The Rights will convert into shares of Common Stock upon completion of an initial business combination.