Mobix Labs Ups Offer, Proposes All-Cash $1.30 Per Share Acquisition of Peraso—53% Premium Signals Growth Ambitions
Reuters
Oct 06
Mobix Labs Ups Offer, Proposes All-Cash $1.30 Per Share Acquisition of Peraso-53% Premium Signals Growth Ambitions
Mobix Labs has delivered an all-cash offer of $1.30 per share directly to Peraso's Board of Directors, representing a 53% premium over Peraso's 20-day volume-weighted average price. This updated proposal supersedes Mobix Labs' previous mix of cash and stock, now providing Peraso shareholders with guaranteed value at closing and eliminating market uncertainty. According to Mobix Labs, the combination of the two companies is expected to accelerate revenue growth, expand market opportunities, and strengthen profitability by leveraging strategic synergies in wireless, millimeter-wave, aerospace, defense, and next-generation connectivity technologies.
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