DLD Asset Management LP Makes New Investment in CO2 Energy Transition Corp. $NOEM

Key Points

• DLD Asset Management LP has acquired a stake of 140,000 shares in CO2 Energy Transition Corp. ($NOEM), valued at approximately $1,389,000, representing about 1.46% ownership.
• Several other hedge funds, including Aristeia Capital and Polar Asset Management, have also recently purchased stakes in CO2 Energy Transition during the first quarter, indicating increased interest in the company.
• As of the latest trading session, CO2 Energy Transition's shares opened at $10.14, with a one-year price range between $9.78 and $10.78.

DLD Asset Management LP purchased a new stake in CO2 Energy Transition Corp. (NASDAQ:NOEM - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 140,000 shares of the company's stock, valued at approximately $1,389,000. DLD Asset Management LP owned approximately 1.46% of CO2 Energy Transition at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of NOEM. Crossingbridge Advisors LLC acquired a new stake in CO2 Energy Transition in the 1st quarter valued at $2,778,000. Westchester Capital Management LLC acquired a new position in CO2 Energy Transition in the first quarter worth $1,240,000. AQR Arbitrage LLC acquired a new position in CO2 Energy Transition in the first quarter worth $5,853,000. Polar Asset Management Partners Inc. acquired a new position in CO2 Energy Transition in the first quarter worth $2,877,000. Finally, Aristeia Capital L.L.C. acquired a new position in CO2 Energy Transition in the first quarter worth $5,853,000.

CO2 Energy Transition Price Performance

CO2 Energy Transition stock traded up $0.04 on Wednesday, reaching $10.20. The company's stock had a trading volume of 2,551 shares, compared to its average volume of 34,255. The business's fifty day moving average price is $10.11 and its 200 day moving average price is $10.02. CO2 Energy Transition Corp. has a twelve month low of $9.78 and a twelve month high of $10.78.

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 for the quarter.

CO2 Energy Transition Company 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.