secwatch.observer — SEC 8-K summary
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Issuer:     Peraso Inc. (PRSO)
CIK:        0000890394
Form:       8-K
Filed at:   2021-12-20T23:59:59+00:00
Accession:  0001193125-21-362129
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.90
Item codes: 1.01, 2.01, 3.02, 5.01, 5.02, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MoSys completes reverse merger with Peraso Technologies; combined entity to trade as PRSO
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- Former Peraso shareholders own 61% of combined company; MoSys shareholders own 39%.
- Exchange ratio approx. 0.045239; 19.75M shares outstanding post-closing (excluding escrowed Earnout Shares).
- Company renamed Peraso Inc.; ticker changes from MOSY to PRSO effective Dec 20, 2021.
- Ron Glibbery appointed CEO; Brad Lynch appointed COO; board reconstituted to five directors.
- 12-month lock-up for officers, directors, and 5%+ holders; limited trading in subsequent 90-day leak-out period.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/890394/000119312521362129/0001193125-21-362129-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/890394/000119312521362129/d276231d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-362129

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer