<a href="https://laohu8.com/S/PRSO">Peraso Inc</a>. Faces Potential Nasdaq Delisting Due to Non-Compliance with Minimum Bid Price Requirement
Peraso Inc. has announced that it received a notification from Nasdaq on September 5, 2025, indicating that the company no longer meets the minimum bid price requirement for its common stock, as outlined in Nasdaq Listing Rule 5550(a)(2). The company's stock has been trading below $1 per share for 30 consecutive business days, prompting this notice. Peraso Inc. has been granted a 180-day period, ending on March 4, 2026, to regain compliance by ensuring its stock price closes at or above $1 per share for at least ten consecutive business days. If compliance is not achieved within this period, the company may qualify for an additional 180-day extension, provided it meets certain criteria and may consider a reverse stock split to rectify the deficiency. The notice does not result in immediate delisting from the Nasdaq Capital Market, and the company is currently evaluating its options.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Peraso Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-085117), on September 05, 2025, and is solely responsible for the information contained therein.
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