secwatch.observer — SEC 8-K summary
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Issuer:     Peraso Inc. (PRSO)
CIK:        0000890394
Form:       8-K
Filed at:   2023-02-03T23:59:59+00:00
Accession:  0001213900-23-007982
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Peraso receives Nasdaq delisting notice for bid price below $1 per share
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- Nasdaq letter on Feb 1, 2023 cites non-compliance with minimum $1 bid price rule.
- Company has 180 days, until July 31, 2023, to regain compliance.
- To regain, closing bid must be at least $1 for 10 consecutive business days.
- If not cured, Company may seek additional 180-day period, possibly via reverse stock split.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/890394/000121390023007982/0001213900-23-007982-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/890394/000121390023007982/ea172686-8k_peraso.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-007982

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