590,000 Shares in CO2 Energy Transition Corp. $NOEM Acquired by AQR Arbitrage LLC

Key Points

• AQR Arbitrage LLC has invested approximately $5.85 million in CO2 Energy Transition Corp. by purchasing 590,000 shares, representing about 6.15% of the company.
• Other institutional investors like Westchester Capital Management and DLD Asset Management also acquired new stakes in CO2 Energy Transition during the same quarter, increasing institutional interest.
• CO2 Energy Transition Corp.’s stock opened at $10.15 with a twelve-month range between $9.78 and $10.78, having reported earnings of $0.04 per share for the last quarter.

AQR Arbitrage LLC acquired a new stake in shares of CO2 Energy Transition Corp. (NASDAQ:NOEM - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 590,000 shares of the company's stock, valued at approximately $5,853,000. AQR Arbitrage LLC owned approximately 6.15% of CO2 Energy Transition at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Westchester Capital Management LLC purchased a new stake in CO2 Energy Transition during the 1st quarter valued at about $1,240,000. DLD Asset Management LP purchased a new stake in CO2 Energy Transition during the 1st quarter valued at about $1,389,000. Finally, Crossingbridge Advisors LLC purchased a new stake in CO2 Energy Transition during the 1st quarter valued at about $2,778,000.

CO2 Energy Transition Price Performance

NASDAQ:NOEM remained flat at $10.15 on Monday. 5 shares of the company's stock traded hands, compared to its average volume of 3,311. CO2 Energy Transition Corp. has a 12 month low of $9.78 and a 12 month high of $10.78. The stock has a fifty day moving average price of $10.11 and a two-hundred day moving average price of $10.01.

CO2 Energy Transition (NASDAQ:NOEM - Get Free Report) last announced its quarterly earnings data on Tuesday, August 12th. The company reported $0.04 EPS for the quarter.

About CO2 Energy Transition

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.