Mobix Labs Advances Toward Peraso Acquisition with Enhanced Cash-and-Stock Proposal
Reuters
Sep 11
Mobix Labs Advances Toward Peraso Acquisition with Enhanced Cash-and-Stock Proposal
Mobix Labs Inc., a provider of advanced connectivity and defense technology solutions, has announced an update on its proposed acquisition of Peraso Inc. Following a constructive meeting with Peraso's management, Mobix Labs has enhanced its cash-and-stock proposal, offering Peraso stockholders approximately 30% cash and 70% Mobix Labs common stock. The company plans to close the transaction within the next 75 days. Mobix Labs CEO, Phil Sansone, highlighted that the acquisition would allow both companies to leverage their complementary technologies, broadening their product portfolio and accelerating innovation in the expanding aerospace, defense, and wireless markets. The transaction is expected to boost earnings per share and create near-term value for stockholders.
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