0000000000-23-010465.txt : 20231031 0000000000-23-010465.hdr.sgml : 20231031 20230921183005 ACCESSION NUMBER: 0000000000-23-010465 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20230921 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: Spectaire Holdings Inc. CENTRAL INDEX KEY: 0001844149 STANDARD INDUSTRIAL CLASSIFICATION: MEASURING & CONTROLLING DEVICES, NEC [3829] IRS NUMBER: 981578608 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: UPLOAD BUSINESS ADDRESS: STREET 1: 3109 W 50TH ST., #207 CITY: MINNEAPOLIS STATE: MN ZIP: 55410 BUSINESS PHONE: (952) 456-5300 MAIL ADDRESS: STREET 1: 3109 W 50TH ST., #207 CITY: MINNEAPOLIS STATE: MN ZIP: 55410 FORMER COMPANY: FORMER CONFORMED NAME: Perception Capital Corp. 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II 3109 W 50th St., #207 Minneapolis, MN 55410 Re: Perception Capital Corp. II Amendment No. 3 to Registration Statement on Form S-4 Filed September 15, 2023 File No. 333-272880 Dear Rick Gaenzle: We have reviewed your amended registration statement and have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure. Please respond to this letter by amending your registration statement and providing the requested information. If you do not believe our comments apply to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response. After reviewing any amendment to your registration statement and the information you provide in response to these comments, we may have additional comments. Unless we note otherwise, our references to prior comments are to comments in our September 6, 2023 letter. Amendment No. 2 to Registration Statement on Form S-4 Cover Page 1. We note from the cover page that you have increased the registered shares of common stock from 2,080,915 to 7,868,016 and that the additional 5,787,101 shares are attributable to shares of NewCo Common Stock issuable to Spectaire Stockholders, excluding shares of NewCo Common Stock that may be issued to the Requisite Spectaire Stockholders. Please clearly explain the reasons for the increase in registered shares. Please also revise your disclosure throughout the prospectus including, for example, in the Background to the Business Combination section, share ownership tables and Risk Factors section, to discuss any negotiations that occurred regarding these shares, any impact these shares have on dilution to non-redeeming shareholders and any risks to non-redeeming Rick Gaenzle Perception Capital Corp. II September 21, 2023 Page 2 shareholders as a result of these shares. Summary Certain Engagements in Connection with the Business Combination and Related Transactions, page 11 2. We note your response to prior comment 1 and reissue the comment. Please revise to disclose how the waiver was obtained, including how and when you were notified of this waiver by each of Moelis and Nomura. Please also tell us why you agreed to the Moelis and Nomura waiver. You may contact Nudrat Salik at 202-551-3692 or Al Pavot at 202-551-3738 if you have questions regarding comments on the financial statements and related matters. Please contact Jessica Ansart at 202-551-4511 or Jane Park at 202-551-7439 with any other questions. Sincerely, FirstName LastNameRick Gaenzle Division of Corporation Finance Office of Industrial Applications and Comapany NamePerception Capital Corp. II Services September 21, 2023 Page 2 cc: Michael Mies, Esq. FirstName LastName