Peraso Provides Update on Strategic Review Process and Clarifies Communications Regarding Mobix Labs Proposal
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), una società di soluzioni tecnologiche wireless mmWave, ha fornito un aggiornamento sul processo di revisione strategica e chiarito i propri contatti con Mobix Labs. La società ha confermato di aver tenuto una chiamata esplorativa non confidenziale con Mobix Labs il 10 settembre 2025, in merito alla proposta non sollecita di Mobix Labs del 4 settembre.
Il Consiglio, all'unanimità, ha stabilito che ogni futuro contatto con Mobix Labs dovrà seguire il processo stabilito dall'azienda, incluso la firma di un accordo di riservatezza standard con clausole di standstill. Diverse altre controparti hanno già firmato tali accordi e sono attivamente coinvolte nella revisione strategica.
Peraso (NASDAQ:PRSO), una empresa de soluciones de tecnología inalámbrica mmWave, proporcionó una actualización sobre su proceso de revisión estratégica y aclaró sus interacciones con Mobix Labs. La empresa confirmó haber mantenido una llamada exploratoria no confidencial con Mobix Labs el 10 de septiembre de 2025, respecto a la propuesta no solicitada de Mobix Labs del 4 de septiembre.
La Junta, por unanimidad, decidió que cualquier futura interacción con Mobix Labs debe seguir el proceso establecido por la empresa, incluido firmar un acuerdo de confidencialidad estándar con cláusulas de standstill. Varias otras partes ya han firmado dichos acuerdos y participan activamente en la revisión estratégica.
Peraso(나스닥:PRSO)는 mmWave 무선 기술 솔루션 기업으로, 전략적 검토 과정에 대한 업데이트를 제공하고 Mobix Labs와의 상호 작용을 명확히 했습니다. 회사는 2025년 9월 10일에 Mobix Labs의 9월 4일 제안에 대해 Mobix Labs와 비기밀적 exploratory 전화 통화를 가졌다고 확인했습니다.
이사회는 만장일치로 Mobix Labs와의 향후 접촉은 회사가 정한 절차를 따라야 하며 표준 비밀유지계약 및 동결조항이 포함돼야 한다고 결정했습니다. 이미 여러 다른 당사자들이 그러한 계약을 체결했고 전략적 검토에 적극적으로 참여하고 있습니다.
Peraso (NASDAQ:PRSO), une société de solutions technologiques sans fil mmWave, a publié une mise à jour sur son processus de revue stratégique et clarified ses interactions avec Mobix Labs. La société a confirmé avoir eu un appel exploratoire non confidentiel avec Mobix Labs le 10 septembre 2025, concernant la proposition non sollicitée de Mobix Labs du 4 septembre.
Le Conseil, à l’unanimité, a décidé que toute future interaction avec Mobix Labs doit suivre le processus établi par l’entreprise, y compris la signature d’un accord de confidentialité standard avec des dispositions de gel. Plusieurs autres parties ont déjà signé de tels accords et participent activement à la revue stratégique.
Peraso (NASDAQ:PRSO), ein Unternehmen für mmWave-Wireless-Technologie-Lösungen, hat ein Update zum strategischen Prüfprozess gegeben und seine Interaktionen mit Mobix Labs klargestellt. Das Unternehmen bestätigte, am 10. September 2025 ein nicht vertrauliches Explorationsgespräch mit Mobix Labs geführt zu haben, bezüglich des unaufgeforderten Vorschlags von Mobix Labs vom 4. September.
Der Vorstand hat einstimmig beschlossen, dass jede künftige Zusammenarbeit mit Mobix Labs dem vom Unternehmen festgelegten Prozess folgen muss, einschließlich der Unterzeichnung einer Standard-Vertraulichkeitsvereinbarung mit Standstill-Klauseln. Bereits mehrere andere Parteien haben derartige Vereinbarungen unterzeichnet und nehmen aktiv an der strategischen Überprüfung teil.
بيراسو (بورصة ناسداك: PRSO)، شركة حلول تكنولوجيا اتصالات mmWave اللاسلكية، قدمت تحديثاً لعملية المراجعة الاستراتيجية ووضّحت تعاملاتها مع Mobix Labs. أكدت الشركة عَدَم وجود التزام سري خلال مكالمة استكشافية غير سرية مع Mobix Labs في 10 سبتمبر 2025، تتعلق باقتراح Mobix Labs غير الطالب لها من 4 سبتمبر.
قرر المجلس بالإجماع أن أي تواصل مستقبلي مع Mobix Labs يجب أن يتبع العملية التي وضعتها الشركة، بما في ذلك توقيع اتفاقية سرّية قياسية مع بنود التجميد. وقد وقعت عدة أطراف أخرى مثل هذه الاتفاقيات وتشارك بنشاط في المراجعة الاستراتيجية.
Peraso（纳斯达克：PRSO），一家 mmWave 无线技术解决方案公司，提供了其战略评估过程的更新并澄清了与 Mobix Labs 的互动。公司确认在 2025年9月10日就 Mobix Labs 于9月4日提出的非请求性提案，与 Mobix Labs 进行了一次非保密的探索性通话。
董事会一致决定，未来与 Mobix Labs 的任何接触都必须遵循公司既定流程，包括签署包含停牌条款的标准保密协议。已经有多家其他方签署了此类协议，并在战略评估中积极参与。
- Multiple parties are actively participating in the strategic review process
- Company maintains structured approach to evaluating strategic alternatives
- Mobix Labs has not agreed to sign standard confidentiality agreement with standstill provisions
- Potential strategic transaction discussions with Mobix Labs are stalled due to process disagreements
Insights
Peraso clarifies its strategic review process and relationship with Mobix Labs amid acquisition discussions, maintaining its disciplined evaluation approach.
Peraso's press release offers important clarification about its ongoing strategic review process, specifically addressing confusion regarding discussions with Mobix Labs. The company has confirmed multiple parties are actively participating in its strategic review process after signing confidentiality agreements that include standstill provisions - standard protections that prevent hostile or disruptive actions during negotiations.
What's particularly notable is Peraso's careful boundary-setting with Mobix Labs. After Mobix's September 4th unsolicited proposal and subsequent public statements that apparently mischaracterized their discussions, Peraso is taking steps to control the narrative. The company explicitly states it did not respond to Mobix's proposal or agree to continue discussions during their exploratory call.
This clarification signals that Peraso's board is maintaining a disciplined approach to evaluating strategic alternatives. They're emphasizing that any engagement with Mobix would need to follow their established process, including signing their standard confidentiality agreement with standstill protections - something Mobix has thus far declined to do.
The underlying dynamics suggest Peraso is managing a complex situation with multiple interested parties while working to maintain leverage in negotiations. The board's unanimous position indicates alignment on process integrity. For shareholders, this structured approach to the strategic review demonstrates the board is actively working to evaluate options while protecting against potentially coercive tactics that might undervalue the company.
SAN JOSE, CA / ACCESS Newswire / September 12, 2025 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a pioneer in mmWave wireless technology solutions, today issued an update in connection with its ongoing strategic review process.
As previously disclosed, the Company held a limited exploratory call with Mobix Labs, Inc. ("Mobix Labs") on September 10, 2025. The call was conducted on a non-confidential basis and Peraso did not share any material non-public information. Similarly, Mobix Labs was advised that any information it chose to provide would not be treated as confidential and may be disclosed by Peraso, if necessary or advisable. The purpose of the call was to allow Peraso to better understand Mobix Labs' revised unsolicited proposal dated September 4, 2025 and subsequent correspondence.
Following the call, Mobix Labs issued a public statement describing the discussion. To ensure clarity for all stakeholders, the Company notes that it did not respond to Mobix Labs' proposal or agree to continue discussions during the call. The Company has since sent a letter to Mobix Labs to clarify its position. Following the call, the Board of Directors of the Company unanimously decided that any engagement with Mobix Labs, if pursued by the Company, will occur in accordance with the Company's established process. While Mobix Labs has not agreed to participate under the Company's standard confidentiality agreement, which includes customary standstill protections that help ensure orderly engagement and prevent coercive tactics during evaluation, the Company's invitation for Mobix Labs to join the process on those terms remains open.
Peraso continues to evaluate all credible proposals with the assistance of its financial and legal advisors. Multiple parties, which have executed mutual confidentiality agreements with customary standstill provisions, are actively participating in the Company's strategic review.
The Company remains committed to acting in the best interests of all stockholders and conducting its process in a manner that is fair, disciplined, and consistent with its fiduciary duties.
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 strategic transaction or enter into negotiations with respect thereto.
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 secure a strategic transaction, or 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 strategic 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
What is the current status of Peraso's (PRSO) strategic review process?
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