PRSO Back in Line with Nasdaq $1 Rule After Bid-Price Recovery

Rhea-AI Filing Summary

Peraso Inc. (Nasdaq: PRSO) filed a Form 8-K to disclose that, on June 18, 2025, it received a letter from Nasdaq’s Listing Qualifications Department confirming the company has regained compliance with the minimum bid-price requirement under Listing Rule 5550(a)(2). The notification removes the risk of delisting that arose after Peraso’s share price previously fell below the US$1.00 threshold for 30 consecutive trading days. The company announced the development in a press release dated June 20, 2025, which is furnished as Exhibit 99.1 to the filing. No additional financial data or operational updates were provided in this report.

Positive

• Restored Nasdaq compliance with Listing Rule 5550(a)(2) eliminates immediate delisting threat and supports trading liquidity.

Negative

• None.

Insights

Financial Analyst

TL;DR: Nasdaq bid-price compliance reduces delisting risk, modest positive for equity stability, no direct revenue impact.

The notice confirms PRSO now meets Nasdaq’s US$1.00 minimum bid price after trading at or above that level for a required period. Restored compliance preserves the stock’s exchange listing, which is essential for liquidity and institutional ownership. Although the event does not directly affect cash flows or fundamentals, it removes an overhang that can pressure share price and investor sentiment. Continued price support will depend on business execution, but the filing is a short-term positive catalyst.

Corporate Governance Expert

TL;DR: Compliance achievement mitigates governance risk tied to potential Nasdaq delisting.

Maintaining a primary listing on Nasdaq ensures Peraso remains subject to stringent disclosure and corporate governance standards, supporting shareholder protections. Losing that listing would have relegated PRSO to less-regulated markets, potentially widening bid-ask spreads and limiting capital-raising options. The board and management avoided those consequences by addressing the bid-price deficiency. While routine, the action underscores management’s responsiveness to exchange requirements.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event Reported): June 18, 2025

PERASO INC.

(Exact Name of Registrant as Specified in Charter)

000-32929

(Commission File Number)

Delaware		77-0291941
(State or Other Jurisdiction of Incorporation)		(I.R.S. Employer Identification Number)

2033 Gateway Pl., Suite 500

San Jose, CA 95110

(Address of principal executive offices, with zip code)

(408) 418-7500

(Registrant’s telephone number, including area code)

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, par value $0.001 per share		PRSO		The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01 Other Events.

On June 20, 2025, Peraso Inc. (the “Company”) issued a press release announcing the Company received a notification letter on June 18, 2025 from the Listing Qualifications Department of the Nasdaq Stock Market notifying the Company that it had regained compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2). A copy of the press release is filed as Exhibit 99.1 to this Current Report on Form 8-K.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.		Description
99.1		Press Release by Peraso Inc. dated June 20, 2025
104		The cover page of this Current Report on Form 8-K formatted in Inline XBRL

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	PERASO INC.
Date: June 20, 2025	By:	/s/ James Sullivan
		James Sullivan
		Chief Financial Officer

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FAQ

What did Peraso Inc. (PRSO) announce in its June 20, 2025 Form 8-K?

The company received confirmation on June 18, 2025 that it regained compliance with Nasdaq’s minimum bid-price rule.

Which Nasdaq rule did PRSO comply with?

Nasdaq Listing Rule 5550(a)(2), requiring a minimum US$1.00 bid price.

Does the filing include any financial results or earnings data?

No. The 8-K strictly addresses the bid-price compliance notice and furnishes the related press release.

What exhibit accompanies the 8-K filing?

Exhibit 99.1 is the press release dated June 20, 2025; Exhibit 104 is the Inline XBRL cover page.

Why is Nasdaq compliance important for PRSO investors?

It preserves the company’s Nasdaq listing, sustaining liquidity, visibility, and institutional investment eligibility.