Dakota Wealth Management Takes $257,000 Position in CO2 Energy Transition Corp. $NOEM

Key Points

• Dakota Wealth Management acquired a new position in CO2 Energy Transition Corp. valued at approximately $257,000, purchasing 25,550 shares during the second quarter.
• Several other hedge funds have also taken significant positions in CO2 Energy Transition, with AQR Arbitrage LLC and Aristeia Capital each investing around $5.85 million in the first quarter.
• CO2 Energy Transition reported $0.04 EPS for the quarter ending August 12, with its stock opening at $10.20 and showing a 12-month range between $9.78 and $10.78.

Dakota Wealth Management bought a new stake in shares of CO2 Energy Transition Corp. (NASDAQ:NOEM - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 25,550 shares of the company's stock, valued at approximately $257,000. Dakota Wealth Management owned about 0.27% of CO2 Energy Transition at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. AQR Arbitrage LLC acquired a new position in shares of CO2 Energy Transition during the first quarter valued at approximately $5,853,000. Aristeia Capital L.L.C. acquired a new position in shares of CO2 Energy Transition during the first quarter valued at approximately $5,853,000. Polar Asset Management Partners Inc. acquired a new position in shares of CO2 Energy Transition during the first quarter valued at approximately $2,877,000. Crossingbridge Advisors LLC acquired a new position in shares of CO2 Energy Transition during the first quarter valued at approximately $2,778,000. Finally, DLD Asset Management LP acquired a new position in shares of CO2 Energy Transition during the first quarter valued at approximately $1,389,000.

CO2 Energy Transition Price Performance

Shares of CO2 Energy Transition stock opened at $10.20 on Tuesday. The business has a 50 day simple moving average of $10.13 and a two-hundred day simple moving average of $10.05. CO2 Energy Transition Corp. has a 12 month low of $9.78 and a 12 month high of $10.78.

CO2 Energy Transition (NASDAQ:NOEM - Get Free Report) last announced its earnings results 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.