Earnings summaries and quarterly performance for Peraso.
Research analysts who have asked questions during Peraso earnings calls.
Recent press releases and 8-K filings for PRSO.
Peraso Inc. Updates Equity Offering and Announces Board Retirement
PRSO
Board Change
- Peraso Inc. filed a prospectus supplement on November 21, 2025, to increase the maximum aggregate value of common stock issuable under its At The Market Offering Agreement to $3,150,000, which is in addition to approximately $4,095,176 of shares already sold under the agreement.
- Ian McWalter provided notice on November 20, 2025, that he will not stand for re-election as a director of Peraso Inc. upon the expiration of his current term at the 2025 annual meeting of stockholders, due to planned retirement.
Nov 21, 2025, 10:11 PM
Peraso Announces Third Quarter 2025 Results
PRSO
Earnings
Guidance Update
Revenue Acceleration/Inflection
- Peraso Inc. announced total net revenue of $3.2 million for the third quarter of 2025, marking a 45% sequential increase driven by record mmWave product revenue.
- The company reported a GAAP net loss of $1.2 million, or ($0.17) per share, and Adjusted EBITDA of negative $1.0 million for Q3 2025.
- Key business developments included securing multiple design wins, a collaboration with WeLink, and an initial production volume order valued at $0.9 million from a new OEM customer.
- Peraso expects total net revenue for the fourth quarter of 2025 to be in the range of $2.8 million to $3.1 million.
Nov 10, 2025, 9:37 PM
Peraso receives all-cash takeover bid from Mobix Labs
PRSO
M&A
Takeover Bid
- Mobix Labs, Inc. has formally delivered an updated all-cash proposal to acquire 100% of Peraso, Inc..
- The proposal offers $1.30 per share in cash to Peraso stockholders.
- This represents a 53% premium over Peraso’s 20-day volume-weighted average price of $0.85 per share as of September 4, 2025.
- The new offer is 100% cash, superseding Mobix Labs' prior mix of cash and stock.
- The proposal has been delivered to Peraso’s Board of Directors but is not yet a formal solicitation or tender offer.
Oct 6, 2025, 11:00 AM
Mobix Labs Announces Hostile Exchange Offer for Peraso
PRSO
M&A
Takeover Bid
- Mobix Labs, Inc. (NASDAQ: MOBX) announced its intention to launch a hostile exchange offer to acquire all outstanding shares of Peraso, Inc. (NASDAQ: PRSO), filing a Form 425 with the SEC on September 15, 2025.
- The proposed offer is expected to consist of a mix of cash and Mobix Labs common stock.
- Mobix Labs criticized Peraso's board for attempting to restrict direct communication with shareholders and for a recent financing agreement that Mobix Labs views as highly dilutive, involving the issuance of 952,380 new shares and new warrants.
- Mobix Labs has access to an equity line of credit with a headline capacity of up to $100 million to fund the proposed tender offer and expects to close the transaction within approximately 75 days if Peraso does not actively interfere.
Sep 15, 2025, 11:01 AM
Mobix Labs Advances Towards Peraso Acquisition
PRSO
M&A
Takeover Bid
- Mobix Labs held a constructive meeting with Peraso regarding its enhanced cash-and-stock proposal to acquire the company, with both sides agreeing to continue discussions.
- Mobix Labs' enhanced proposal offers Peraso stockholders approximately 30% cash and 70% Mobix Labs common stock.
- Mobix Labs reaffirmed its intention to close the transaction within the next 75 days.
- Mobix Labs believes the proposed transaction would unlock significant value for stockholders through revenue growth, accretion, cost synergies, and increased scale and reach.
Sep 11, 2025, 11:00 AM
Quarterly earnings call transcripts for Peraso.
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