Crossingbridge Advisors LLC Invests $2.78 Million in CO2 Energy Transition Corp. $NOEM

Key Points

• Crossingbridge Advisors LLC purchased 280,000 shares of CO2 Energy Transition Corp., valuing the stake at approximately $2,778,000, making it the 18th largest holding in their investment portfolio.
• DLD Asset Management LP also acquired a new stake in CO2 Energy Transition for about $1,389,000 during the same quarter.
• CO2 Energy Transition Corp. reported $0.04 EPS for the last quarter and its stock is currently trading at $10.10 with a 52-week range between $9.78 and $10.78.

Crossingbridge Advisors LLC acquired a new stake in CO2 Energy Transition Corp. (NASDAQ:NOEM - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 280,000 shares of the company's stock, valued at approximately $2,778,000. CO2 Energy Transition makes up approximately 1.4% of Crossingbridge Advisors LLC's portfolio, making the stock its 18th biggest holding. Crossingbridge Advisors LLC owned about 2.92% of CO2 Energy Transition as of its most recent filing with the SEC.

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

CO2 Energy Transition Stock Performance

CO2 Energy Transition stock traded up $0.04 during trading hours on Monday, reaching $10.14. 935 shares of the company's stock traded hands, compared to its average volume of 36,797. CO2 Energy Transition Corp. has a fifty-two week low of $9.78 and a fifty-two week high of $10.78. The firm's 50 day moving average is $10.09 and its 200-day moving average is $9.99.

CO2 Energy Transition (NASDAQ:NOEM - Get Free Report) last released its earnings results on Tuesday, August 12th. The company reported $0.04 earnings per share (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.