Perception Capital Corp. II
Completed 2023-10-19- CIK 1844149
- PCCT
- Now SPEC
- IPO 2021-10-29
- $23.1M trust
- 217 filings
Successfully merged with Spectaire Inc. • Now trading as SPEC
- IPO Size
- $230M
- raised at the IPO
- Trust
- $23.1M
- as of 2023-09-30
- Current Status
- Completed
- from its latest filing
- IPO Year
- 2021
- year it listed
Filings, by quarter
217 filings over 18 quarters; violet bars carry a milestone
- 21 Q1: 2 filings
- 21 Q2: 6 filings
- 21 Q3: 1 filing
- 21 Q4: 28 filings
- 22 Q1: 8 filings
- 22 Q2: 2 filings
- 22 Q3: 3 filings
- 22 Q4: 12 filings
- 23 Q1: 18 filings
- 23 Q2: 22 filings
- 23 Q3: 20 filings
- 23 Q4: 48 filings
- 24 Q1: 17 filings
- 24 Q2: 16 filings
- 24 Q3: 5 filings
- 24 Q4: 7 filings
- 25 Q1: 1 filing
- 25 Q2: 1 filing
- S-1 filed 21 Q1
- IPO 21 Q4
- Definitive agreement 23 Q1
- Completed 23 Q4
SPAC Overview
Where it stands on the road from S-1 to merger
Timeline Progress
About
Perception Capital Corp. II is a blank-check company seeking a business combination with a technology-enabled company with a proven business model in industrial technology, particularly industrial automation or sustainability-related solutions.
Investment Focus
Industrial, Technology, Robotics, Internet of Things, Mobility, Autonomous Vehicles, Manufacturing, Renewable Energy, Energy, Water
Key Information
As the filings state it
- IPO Date
- 2021-10-29
- Total Redemptions
- $225M
- PIPE
- $3.5M
- SIC
- 6770
- Completion Date
- 2023-10-19
- Merger Target
- Spectaire Inc.
- SPAC Ticker
- PCCT
- Merged Ticker
- SPEC
Stock Performance
SPECTrading symbol, and its price at each step since the first trade
| Point | Date | Price | Move |
|---|---|---|---|
| First Trade | 2023-10-20 | $5.01 | |
| 6 Months Post-Merger | 2024-04-22 | $0.54 | -89% |
| 1 Year Post-Merger | 2024-10-21 | $0.06 | -99% |
| Current Price | 2025-03-11 | $0.01 | -100% |
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
Extended Team Information
The team combines private-equity investing and transaction experience with operating expertise in automation, sustainability, automotive, building products and energy. Chairman Scott Honour and CEO Rick Gaenzle have extensive investing backgrounds; Co-Presidents James Sheridan and Patrick Williams bring operating experience.