Peraso Stock Price, News & Analysis

Peraso (NASDAQ:PRSO) announced that CEO Ronald Glibbery will present at the upcoming Investor Summit Virtual on September 16, 2025. The presentation will provide investors with insights into the company's growth strategies and market opportunities.

Mobix Labs (NASDAQ: MOBX) has announced plans to launch a hostile tender offer to acquire Peraso (NASDAQ: PRSO). The proposed acquisition will be structured as a combination of cash and MOBX common stock. This announcement follows Peraso's board's attempt to restrict direct shareholder communications and their recent controversial warrant transaction that resulted in the issuance of 952,380 new shares with additional warrants.

Mobix Labs criticizes Peraso's recent dilutive financing, viewing it as detrimental to shareholder value during a sale process. The company has access to a $100 million equity line of credit to support the transaction and expects to close within approximately 75 days of commencement, subject to various conditions including stockholder approval and regulatory clearances.

Peraso (NASDAQ:PRSO), a mmWave wireless technology solutions company, provided an update on its strategic review process and clarified its interactions with Mobix Labs. The company confirmed holding a non-confidential exploratory call with Mobix Labs on September 10, 2025, regarding Mobix Labs' unsolicited proposal from September 4.

The Board unanimously decided that any future engagement with Mobix Labs must follow the company's established process, including signing a standard confidentiality agreement with standstill provisions. Multiple other parties have already executed such agreements and are actively participating in the strategic review.

Peraso (NASDAQ:PRSO) has secured a significant $0.9 million order for its PRM2141X module from a leading global fixed wireless access (FWA) equipment supplier. The module features a 16-element phased array antenna and operates in the 60 GHz band.

The PRM2141X, when combined with Peraso's PRS4601-B2E baseband processor, provides a comprehensive solution for next-generation FWA networks, offering fiber-class broadband connectivity with improved performance over traditional 5 GHz/6 GHz devices. The technology enables rapid and cost-effective deployment of wireless equipment without the expenses associated with wired infrastructure.

Peraso (NASDAQ:PRSO), a mmWave wireless technology solutions company, has announced the exercise of Series C warrants for $1.1 million in gross proceeds. The agreement involves the immediate exercise of warrants to purchase 952,380 shares at a reduced price of $1.18 per share.

As part of the transaction, Peraso will issue new unregistered Series E warrants to purchase an equal number of shares at $1.25 per share, exercisable after six months with a term of 5.5 years. The company plans to use the proceeds for working capital and general corporate purposes. Ladenburg Thalmann & Co. Inc. serves as the exclusive placement agent.

Peraso (NASDAQ:PRSO) has announced a strategic partnership with WeLink Communications to deploy high-speed broadband solutions in dense urban areas. WeLink will utilize Peraso's 60 GHz mmWave technology to deliver multi-gigabit connectivity through a mesh-based fixed-wireless access architecture.

WeLink is currently operating in three major U.S. metropolitan markets with plans for expansion. The partnership aims to provide affordable, fiber-class broadband access to traditionally underserved communities, offering speeds up to 2 Gbps at lower costs and faster deployment times compared to traditional fiber infrastructure.

Peraso (NASDAQ:PRSO) has provided an update on its strategic review process, focusing on a potential acquisition offer from Mobix Labs. The company received two letters from Mobix Labs, including a revised acquisition proposal with undetermined cash and stock consideration. While Mobix Labs refuses to enter a full confidentiality agreement, they've expressed willingness to consider a limited arrangement without standstill provisions.

Peraso's Board has authorized a limited exploratory call with Mobix Labs without sharing material non-public information. Multiple other parties are actively participating in the strategic review process under standard confidentiality agreements with standstill provisions, as the company continues to evaluate options to maximize stockholder value.

Mobix Labs (Nasdaq: MOBX) has enhanced its acquisition proposal for Peraso (Nasdaq: PRSO) by adding a cash component to its previous all-stock offer. The improved proposal aims to provide Peraso stockholders with immediate cash value upon closing while maintaining participation in the combined company's future growth potential.

Despite Mobix Labs' repeated attempts to engage with Peraso's Board of Directors, discussions have been unsuccessful. Mobix has requested a response from Peraso's Board by 5:00 p.m. Pacific Time on September 8, 2025. If the Board continues to decline engagement, Mobix Labs is prepared to take the offer directly to Peraso stockholders, although their preference remains a cooperative, negotiated transaction.

Peraso (NASDAQ:PRSO), a mmWave wireless technology solutions company, provided an update on its strategic review process initiated on July 11, 2025. The company's board authorized exploration of strategic alternatives including a potential merger or sale of assets, with Craig-Hallum Capital Group LLC serving as financial advisor.

The update specifically addresses an unsolicited non-binding proposal from Mobix Labs. While Peraso invited interested parties to participate in the process under standard confidentiality agreements, Mobix declined to sign the agreement and receive non-public information. Instead, Mobix requested direct board engagement and indicated it might present its proposition directly to stockholders.

Peraso maintains its position on requiring confidentiality agreements to ensure fair treatment and proper information safeguarding for all parties involved in the strategic review process.