Peraso INC
Market Movers (8-K)
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Peraso INCPeraso Inc. announced that director Daniel Lewis will not seek re-election upon the expiration of his current term due to his planned retirement.
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Peraso INCPeraso Inc. received a notice from Nasdaq indicating its common stock is non-compliant with the minimum $1 bid price requirement, with 180 days to regain compliance.
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Peraso INCPeraso Inc. has entered into a letter agreement with Roth Principal Investments, LLC, modifying the discount on pre-market and post-market stock purchases.
Capital raise
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Peraso INCPeraso Inc. has entered into a $25 million committed equity facility with Roth Principal Investments, LLC, to bolster working capital and support product development.
Capital raise
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Peraso INCPeraso Inc. announced its first quarter 2026 financial results, highlighting a significant decrease in revenue due to a delayed customer order and irregular fixed wireless access customer patterns, while also noting progress in tactical communications.
Worse than expected
Delay expected
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Peraso INCPeraso Inc. announced the delivery of initial limited production shipments of its 60GHz modules for military Identification Friend or Foe (IFF) applications to Israeli defense contractor iNTACT.
Quarterly Earnings (10-Q)
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Peraso INCPeraso Inc. reported improved net loss in Q3 2025 driven by mmWave growth and cost reductions, but faces a going concern warning and is evaluating a Mobix Labs acquisition proposal.
Worse than expected
Capital raise
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Peraso INCPeraso Inc. reports reduced net losses and cash burn in Q2 2025, driven by cost cuts and a shift to mmWave products, while actively exploring strategic alternatives including a Mobix Labs acquisition proposal.
Delay expected
Worse than expected
Capital raise
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Peraso INCPeraso Inc. reports a net revenue increase for Q1 2025 driven by mmWave product sales, but faces going concern uncertainties due to accumulated losses and the end of its memory IC product line.
Capital raise
Worse than expected
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Peraso INCPeraso Inc.'s Q3 2024 results show a net loss of $2.7 million and a decrease in revenue, alongside ongoing efforts to manage costs and secure additional funding.
Worse than expected
Capital raise
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Peraso INCPeraso Inc. reported increased revenue driven by end-of-life memory product sales, but faces ongoing losses and going concern challenges.
Worse than expected
Capital raise
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Peraso INCPeraso Inc. reports a net loss of $2.0 million for the first quarter of 2024, with a decrease in mmWave product revenue offset by increased memory IC sales as the company manages its end-of-life transition for memory products.
Worse than expected
Capital raise
Annual Reports (10-K)
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Peraso INCPeraso Inc. reported a significantly reduced net loss of $4.8 million in 2025, driven by a shift to mmWave products and ongoing strategic review discussions, despite a decline in overall revenue and persistent going concern doubt.
Capital raise
Worse than expected
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Peraso INC10-K: Peraso Inc. Navigates Memory Product End-of-Life, Focuses on mmWave Technology in 2024 10-K Filing
Peraso Inc.'s 2024 10-K filing highlights the company's strategic shift away from memory products towards mmWave technology amid financial challenges and supply chain disruptions.
Worse than expected
Capital raise
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Peraso INCPeraso Inc.'s 2023 annual report details a year of strategic shifts, including the end-of-life of its memory products and a focus on mmWave technology, alongside financial challenges and a need for additional capital.
Worse than expected
Capital raise
Insider Trading (Form 4)
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Peraso INCPeraso Inc.'s Chief Financial Officer, James Sullivan, was granted 60,000 stock options with an exercise price of $0.87, vesting monthly over three years.
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Peraso INCPeraso Inc. CEO Ronald Glibbery was granted 60,000 stock options with an exercise price of $0.87, vesting monthly over three years.
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Peraso INCPeraso Inc.'s Chief Operating Officer, Brad Lynch, was granted stock options to purchase 60,000 shares of common stock at an exercise price of $0.87 per share.
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Peraso INCPeraso Inc.'s Chief Technology Officer, Alex Tomkins, was granted 60,000 stock options with a 3-year vesting schedule.
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Peraso INCPeraso Inc. director Cornelis Links received 50,000 Restricted Stock Units and 100,000 stock options, aligning his interests with shareholders.
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Peraso INCPeraso Inc. Director Robert Y. Newell IV was granted 50,000 Restricted Stock Units, aligning his interests with shareholders.
Proxy Statements (Def-14A)
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Peraso INCPeraso Inc. announced its 2025 Annual Meeting of Stockholders, seeking approval for director elections, auditor ratification, and a significant increase in its stock incentive plan share reserve, while disclosing substantial doubt about its ability to continue as a going concern.
Delay expected
Capital raise
Worse than expected
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Peraso INCPeraso Inc. has announced its 2024 Annual Meeting of Stockholders to be held virtually on December 20, 2024, seeking approval for the election of directors, ratification of auditors, an increase in share reserves, and meeting adjournments.
Capital raise
Worse than expected
New Public Companies (S-1)
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Peraso INCPeraso Inc. has filed an S-1 registration statement for the resale of up to 31,750,000 shares of its common stock by Roth Principal Investments, LLC.
Capital raise
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Peraso INCPeraso Inc. plans to offer 1,046,511 shares of common stock along with Series A and B warrants, and pre-funded warrants, aiming to raise capital for general corporate purposes.
Capital raise
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Peraso INCPeraso Inc. is launching a public offering of common stock and warrants to raise capital for general corporate purposes, including research and development.
Worse than expected
Capital raise
Schedule 13G - Passive Investments
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Peraso INCIroquois Capital Management and affiliates disclose significant beneficial ownership in Peraso Inc. common stock, primarily through warrants, subject to a 9.99% ownership blocker.
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Peraso INCBrio Capital Master Fund Ltd. and Brio Capital Management LLC have jointly reported a 4.99% passive beneficial ownership stake in Peraso Inc.'s common stock as of November 8, 2024.
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Peraso INCSCHEDULE 13G/A: Iroquois Capital Management and Affiliates Disclose 9.99% Beneficial Ownership in Peraso Inc. Through Warrants
Iroquois Capital Management, Richard Abbe, and Kimberly Page have filed an amended Schedule 13G, disclosing beneficial ownership of Peraso Inc. common stock, capped at 9.99% due to warrant blockers.