Crossingbridge Advisors LLC Makes New Investment in CO2 Energy Transition Corp. $NOEM

Crossingbridge Advisors LLC bought a new stake in shares of CO2 Energy Transition Corp. (NASDAQ:NOEM) in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 280,000 shares of the company’s stock, valued at approximately $2,778,000. CO2 Energy Transition comprises about 1.4% of Crossingbridge Advisors LLC’s investment portfolio, making the stock its 18th largest holding. Crossingbridge Advisors LLC owned about 2.92% of CO2 Energy Transition as of its most recent SEC filing.

Separately, DLD Asset Management LP bought a new stake in shares of CO2 Energy Transition during the 1st quarter valued at about $1,389,000.

CO2 Energy Transition Trading Up 0.1%

NOEM opened at $10.10 on Thursday. The stock’s 50-day simple moving average is $10.09. CO2 Energy Transition Corp. has a fifty-two week low of $9.78 and a fifty-two week high of $10.78.

CO2 Energy Transition (NASDAQ:NOEM) last posted its earnings results on Tuesday, August 12th. The company reported $0.04 EPS for the quarter.

CO2 Energy Transition Profile

CO2 Energy Transition Corp., a Delaware corporation, is a blank check company incorporated on September 30, 2021 for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities, which we refer to throughout this prospectus as our initial business combination.