Spectaire Holdings Inc. announced that it has entered into the Standby Equity Purchase Agreement with new investor, YA II PN, Ltd. managed by Yorkville Advisors Global LP to issue its shares of common stock, par value $0.0001, subject to certain limitations and conditions set forth in the SEPA, from time to time during the term of the SEPA for the aggregate gross proceeds of $25,000,000 on May 17, 2024. The Company also entered into a Registration Rights Agreement with Yorkville pursuant to which it will register the resale of shares of Common Stock issued to Yorkville pursuant to the SEPA. Sales of the shares of Common Stock to Yorkville under the SEPA, and the timing of any such sales, are at the Company?s option, and the Company is under no obligation to sell any shares of Common Stock to Yorkville under the SEPA.