CO2 Energy Transition Corp. (NASDAQ:NOEMU) announced the pricing of its $60 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “NOEMU”, Thursday, November 21, 2024.
The new SPAC intends to combine with a target company that is focused on reducing emissions through the generation of renewable energy or mitigating existing CO2 levels.
CO2 Energy is led by President and Chief Executive Officer Brady Rodgers, Chairman Charles E. Fox, Vice President of Business Development Mike Lessard, Chief Financial Officer Harold R. DeMoss III, and General Counsel Mark Mathews. Its Board of Directors also includes William H. Flores, Marcella Burke and James Wang.
Total SPAC deal count for 2024 year-to-date is now 49. This offering is expected to close on Friday, November 22, 2024.
Kingswood Capital Partners LLC is acting as sole underwriter of this offering. Loeb & Loeb LLP is serving as Issuer’s Counsel with Olshan Frome Wolosky LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust is acting as trustee.
Once again, the November 2024 corporate actions continues the trend of SPAC teams seeking additional extensions beyond their first one as they work to close their combinations with the remaining funds after redemptions. However, both announcements and completion vote-type corporate actions events were unusually light this month. Extension Votes In November, there were a whopping...
Future Vision II (NASDAQ:FVNNU) has entered into a definitive agreement to combine with adtech firm Viwo at an equity value of $100 million. Beijing-based Viwo provides AI-enabled targeting technology for marketers and brands in China. The combined company is expected to trade on the Nasdaq once the deal is completed by the end of the...
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Terms Tracker for the Week Ending November 29, 2024 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. This was a shortened holiday week, but SPACs still managed to put through a number of filings, which should usher in a busy first half...
Range Capital Acqusition Corp. (NASDAQ:RANGU) has filed to launch a $100 million SPAC with a broad approach, but with expertise in natural resources. The vehicle becomes the fourth SPAC that underwriter EarlyBirdCapital has put its name on so far this year, but it bears some different features than the rest of its 2024 slate. EarlyBirdCapital...