Westchester Capital Management LLC Makes New Investment in CO2 Energy Transition Corp. $NOEM

Key Points

• Westchester Capital Management LLC has acquired 125,000 shares of CO2 Energy Transition Corp., valued at approximately $1,240,000, representing about 1.30% of the company's stock.
• In addition, Crossingbridge Advisors LLC also purchased a new stake in CO2 Energy Transition during the same period, worth about $2,778,000.
• As of now, CO2 Energy Transition's stock price opened at $10.14, with a 52-week range from $9.78 to $10.78 and an EPS of $0.04 reported for the last quarter.

Westchester Capital Management LLC bought a new stake in CO2 Energy Transition Corp. (NASDAQ:NOEM - Free Report) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 125,000 shares of the company's stock, valued at approximately $1,240,000. Westchester Capital Management LLC owned 1.30% of CO2 Energy Transition at the end of the most recent quarter.

Separately, DLD Asset Management LP purchased a new stake in CO2 Energy Transition during the 1st quarter worth about $1,389,000.

CO2 Energy Transition Price Performance

NASDAQ NOEM remained flat at $10.15 during trading on Friday. The company's stock had a trading volume of 2 shares, compared to its average volume of 4,366. The stock has a 50-day simple moving average of $10.10 and a 200 day simple moving average of $10.00. 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 issued its quarterly earnings results on Tuesday, August 12th. The company reported $0.04 earnings per share (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.