Peraso Provides Update on Strategic Review Process and Capital Strategy
Peraso (NASDAQ:PRSO), a mmWave wireless technology solutions company, has announced its board of directors is exploring strategic alternatives to maximize stockholder value. The company has engaged Craig-Hallum Capital Group LLC as financial advisor for this process, which may include a merger, sale of assets, or similar transactions.
The board continues to evaluate an unsolicited non-binding proposal from Mobix Labs disclosed on June 27, 2025. Additionally, management is seeking various funding arrangements to address short-term cash needs while implementing cost-saving measures through expenditure delays and deferrals.
Peraso (NASDAQ:PRSO), azienda specializzata in soluzioni tecnologiche wireless mmWave, ha comunicato che il suo consiglio di amministrazione sta valutando alternative strategiche per massimizzare il valore per gli azionisti. La società ha incaricato Craig-Hallum Capital Group LLC come consulente finanziario per questo processo, che potrebbe includere una fusione, vendita di asset o operazioni simili.
Il consiglio continua a esaminare una proposta non vincolante e non sollecitata da parte di Mobix Labs, resa nota il 27 giugno 2025. Inoltre, il management sta cercando diverse soluzioni di finanziamento per far fronte alle esigenze di liquidità a breve termine, implementando allo stesso tempo misure di contenimento dei costi tramite ritardi e rinvii delle spese.
Peraso (NASDAQ:PRSO), una empresa de soluciones tecnológicas inalámbricas mmWave, ha anunciado que su junta directiva está explorando alternativas estratégicas para maximizar el valor para los accionistas. La compañía ha contratado a Craig-Hallum Capital Group LLC como asesor financiero para este proceso, que podría incluir una fusión, venta de activos u operaciones similares.
La junta continúa evaluando una propuesta no vinculante y no solicitada de Mobix Labs divulgada el 27 de junio de 2025. Además, la dirección está buscando diversas opciones de financiamiento para cubrir necesidades de efectivo a corto plazo, mientras implementa medidas de ahorro mediante retrasos y aplazamientos en los gastos.
Peraso (NASDAQ:PRSO)는 mmWave 무선 기술 솔루션 회사로서, 이사회의 주주 가치를 극대화하기 위한 전략적 대안을 모색하고 있다고 발표했습니다. 회사는 이 과정에서 Craig-Hallum Capital Group LLC를 재무 자문사로 선정했으며, 이 과정에는 합병, 자산 매각 또는 유사 거래가 포함될 수 있습니다.
이사회는 2025년 6월 27일 공개된 Mobix Labs의 비공식 비구속 제안을 계속 평가 중입니다. 또한 경영진은 단기 현금 수요를 해결하기 위해 다양한 자금 조달 방안을 모색하는 한편, 지출 지연 및 연기를 통한 비용 절감 조치를 시행하고 있습니다.
Peraso (NASDAQ:PRSO), une entreprise spécialisée dans les solutions technologiques sans fil mmWave, a annoncé que son conseil d'administration explore des alternatives stratégiques afin de maximiser la valeur pour les actionnaires. La société a engagé Craig-Hallum Capital Group LLC en tant que conseiller financier pour ce processus, qui pourrait inclure une fusion, une vente d'actifs ou des transactions similaires.
Le conseil continue d'évaluer une proposition non sollicitée et non contraignante de Mobix Labs, rendue publique le 27 juin 2025. Par ailleurs, la direction recherche diverses solutions de financement pour répondre aux besoins de trésorerie à court terme, tout en mettant en œuvre des mesures d'économie par le report et le différé des dépenses.
Peraso (NASDAQ:PRSO), ein Unternehmen für mmWave-Drahtlos-Technologielösungen, hat bekannt gegeben, dass sein Vorstand strategische Alternativen prüft, um den Aktionärswert zu maximieren. Das Unternehmen hat Craig-Hallum Capital Group LLC als Finanzberater für diesen Prozess beauftragt, der eine Fusion, den Verkauf von Vermögenswerten oder ähnliche Transaktionen umfassen kann.
Der Vorstand bewertet weiterhin ein unaufgefordertes, unverbindliches Angebot von Mobix Labs, das am 27. Juni 2025 bekannt gegeben wurde. Zudem sucht das Management verschiedene Finanzierungsoptionen, um kurzfristigen Liquiditätsbedarf zu decken, während gleichzeitig Kosteneinsparungen durch Aufschub und Verzögerungen von Ausgaben umgesetzt werden.
- Engagement of Craig-Hallum Capital Group as financial advisor for strategic review
- Active evaluation of potential merger opportunity with Mobix Labs
- Multiple strategic alternatives being considered to maximize shareholder value
- Company facing short-term cash needs requiring immediate funding
- Implementation of cost-cutting measures through delayed expenditures
- Uncertain outcome and timing of strategic review process
SAN JOSE, CA / ACCESS Newswire / July 11, 2025 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a pioneer in mmWave wireless technology solutions, today announced that its board of directors (the "Board") has authorized the exploration of strategic alternatives, including a merger, sale of assets or other similar transaction, all intended to maximize stockholder value and further its business operations. The Company has retained Craig-Hallum Capital Group LLC as its financial advisor to assist with the exploration process. The Company, in making this announcement, notes that there can be no assurance that the exploration process will result in any strategic alternative, or as to its outcome or timing.
As part of this process, the Board is also continuing to evaluate the unsolicited non-binding proposal from Mobix Labs, Inc. ("Mobix"), which was previously disclosed on June 27, 2025.
In addition, management is pursuing a wide variety of potential funding arrangements to address its short-term cash needs and provide the capital necessary to support its operations, while at the same time conserving cash by delaying or deferring certain expenditures.
About Peraso Inc.
Peraso Inc. (NASDAQ:PRSO) is a pioneer in high-performance 60 GHz unlicensed and 5G mmWave wireless technology, offering chipsets, modules, software, and IP. Peraso supports a variety of applications, including fixed wireless access, military, immersive video, and factory automation. For additional information, please visit www.perasoinc.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be covered by the "safe harbor" created by those sections. All statements in this release that are not based on historical fact are "forward-looking statements." These statements may be identified by words such as "estimates," "anticipates," "projects," "plans," "strategy," "goal," or "planned," "seeks," "may," "might", "will," "expects," "intends," "believes," "could," "should," and similar expressions, or the negative versions thereof, and which also may be identified by their context. There can be no assurance that the Company will secure any financing arrangement or complete any capital transaction, that it will enter into negotiations with Mobix or any third party, that the unsolicited proposal or any strategic alternative will result in a formal offer, or that any such offer or alternative will ultimately lead to a completed transaction.
Forward-looking statements are based on certain assumptions and expectations of future events that are subject to risks and uncertainties. Actual results and trends may differ materially from historical results or those projected in any such forward-looking statements depending on a variety of factors. These factors include, but are not limited to: risks related to the Company's efforts to obtain financing or pursue capital arrangements to support operations; risks associated with delays or deferrals of expenditures in order to conserve cash; risks related to the Company's business as a result of the time necessary to review and explore the proposal from Mobix and potentially other proposals, including the potential loss of customers, loss of revenue and other negative impacts from the time management must devote to these discussions; risks related to the loss of personnel; general acquisition-related risks, including costs and cash expenditures associated with exploring and executing a potential transaction; the Company's continued compliance with the continued listing requirements and standards of the Nasdaq Stock Market; timing, receipt and fulfillment of customer orders associated with the Company's mmWave products and solutions; anticipated use of mmWave by customers and intended users of the Company's products; the availability and performance of Peraso's products and solutions; the successful integration of Peraso's products and technology with customer and third-party semiconductor, antenna and system solutions; reliance on manufacturing partners to assist successfully with the fabrication of the Company's ICs and antenna modules; availability of quantities of ICs supplied by manufacturing partners at a competitive cost; level of intellectual property protection provided by the Company's patents; vigor and growth of markets served by the Company's customers and its operations; and other risks included in the Company's SEC filings. Peraso undertakes no obligation to update publicly any forward-looking statement for any reason, except as required by law, even as new information becomes available or other events occur in the future.
Peraso and the Peraso logo are registered trademarks of Peraso Inc. in the U.S. and/or other countries.
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Company Contact:
Jim Sullivan, CFO
Peraso Inc.
P: 408-418-7500
E: jsullivan@perasoinc.com
SOURCE: Peraso Inc.
View the original press release on ACCESS Newswire
FAQ
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