Spectaire Holdings Inc. announced that it has entered into a share purchase agreement to issue 350,000 common shares at a price of $3.5 million on October 11, 2023. The transaction will include participation from new investor, Jörg Mosolf. Within two years following the Closing, the PIPE investor will purchase additional PIPE Shares in one or multiple subsequent closings.

The PIPE Investor will close on the purchase of 50,000 shares for an aggregate purchase price of $500,000. Within two years following the closing, the PIPE investor will purchase additional shares for an aggregate purchase price of $3,000,000.