Advisors
Jefferies LLC acted as lead capital markets advisor to Perception. Latham & Watkins LLP acted as legal counsel to Spectaire. Skadden, Arps, Slate, Meagher & Flom LLP acted as legal counsel to Perception. Paul Hastings LLP acted as legal advisor to Jefferies LLC.
About Spectaire
Spectaire is an industrial technology company that allows its customers to measure, manage, and reduce carbon dioxide equivalent (CO2e) and other greenhouse gas emissions. Spectaire’s core offering, AireCore™, is a fully integrated hardware, software, and data platform. AireCore™’s mass spectrometry research & development was completed over the course of 15 years at the Massachusetts Institute of Technology (MIT). Spectaire’s business model delivers a win-win-win for Spectaire, for its customers, and for society as a whole.
About Perception Capital Corp. II
Perception (Nasdaq: PCCT) was a special purpose acquisition company with a focus on building great industrial technology businesses and creating long-term value. Perception was led by a team of accomplished investors and operators with significant public company expertise. To learn more, visit https://www.perceptionii.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may include, but are not limited to, statements about the Transaction and the anticipated benefits of the Transaction, including the financial and business performance of Spectaire, and Spectaire’s anticipated results from operations in future periods; the products and services offered by Spectaire and the markets in which it operates. In addition, any statements that refer to projections (including EBITDA and cash flow), forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. Forward-looking statements are typically identified by words such as “plan,” “believe,” “expect,” “anticipate,” “intend,” “outlook,” “estimate,” “forecast,” “project,” “continue,” “could,” “may,” “might,” “possible,” “potential,” “predict,” “should,” “would” and other similar words and expressions, but the absence of these words does not mean that a statement is not forward-looking.
The forward-looking statements are based on the current expectations of the management of Spectaire Holdings and Spectaire, as applicable, and are inherently subject to uncertainties and changes in circumstances and their potential effects and speak only as of the date of such statement. There can be no assurance that future developments will be those that have been anticipated. Forward-looking statements reflect material expectations and assumptions, including, without limitation, expectations and assumptions relating to: the future price of metals; the stability of the financial and capital markets; and other current estimates and assumptions regarding the Transaction and its benefits. Such expectations and assumptions are inherently subject to uncertainties and contingencies regarding future events and, as such, are subject to change. Forward-looking statements involve a number of risks, uncertainties or other factors that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, those discussed and identified in public filings made by Perception with the Securities and Exchange Commission (the “SEC”); the risk that the announcement and consummation of the Transaction disrupts Spectaire’s current plans; the ability to recognize the anticipated benefits of the Transaction; unexpected costs related to the Transaction; Spectaire’s ability to operate as a going concern; Spectaire’s requirement of significant additional capital; Spectaire’s limited operating history; Spectaire’s history of