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CO2 Energy Transition extends business-combination deadline to June 22 after $229,700 deposit

PUBT·05/21/2026 20:55:03
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CO2 Energy Transition extends business-combination deadline to June 22 after $229,700 deposit
  • CO2 Energy Transition Corp.’s board adopted a resolution to extend the deadline to complete an initial business combination by one month, setting a new outside date of June 22, 2026.
  • The sponsor funded the extension with a USD 229,700 deposit into the trust account, equal to USD 0.0333 per share subject to redemption.
  • A convertible promissory note dated May 18, 2026 was issued to the sponsor for USD 229,700, with no interest and repayment due at the earlier of a business combination closing or the company’s winding up.
  • The note may be converted at the sponsor’s option into units at USD 10 per unit, with each unit consisting of one common share, one warrant exercisable at USD 11.5, and one right, with eight rights converting into one share at the business combination.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CO2 Energy Transition Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-060119), on May 21, 2026, and is solely responsible for the information contained therein.