By Stephen Nakrosis
Blank-check company CO2 Energy Transition said units from its initial public offering are expected to begin trading on the Nasdaq Global Market under the symbol NOEMU beginning Nov. 21.
The company said Wednesday it will offer 6 million units, priced at $10 each.
When shares of the company become eligible for trading separately, they are expected to list under the symbol NOEM.
The company initially plans to pursue initial business combination targets in the carbon capture, utilization and storage industry.
Kingswood Capital Partners is the offering's sole underwriter.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
November 20, 2024 18:08 ET (23:08 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
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