Liquidation: Spectaire Holdings Inc.

Form Type: 8-K

Filing Date: 2025-01-30

Corporate Action: Liquidation

Type: Update

Accession Number: 000109690625000111

Filing Summary: On January 24, 2025, Spectaire Holdings Inc. reported a trigger event related to its Loan Agreement with Arosa Multi-Strategy Fund LP, which was initially established on March 31, 2023, but had not been repaid by the maturity date of August 30, 2024. The outstanding obligations to the Lender amount to approximately $9,140,667, with a daily interest charge of about $6,348 for the unpaid balance. On October 14, 2024, the Lender issued a notice of default and acceleration due to non-repayment. Following a period of suspended foreclosure proceedings to allow time for strategic alternatives, the Lender notified the Company on January 24, 2025, that it would resume the foreclosure process. A sale of collateral is scheduled for February 10, 2025, at 10:00 a.m., as the Company faces liquidation due to the inability to fulfill its financial obligations.