secwatch.observer — SEC 8-K summary
======================================

Issuer:     Peraso Inc. (PRSO)
CIK:        0000890394
Form:       8-K
Filed at:   2023-08-04T23:59:59+00:00
Accession:  0001213900-23-063646
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Peraso receives 180-day extension to Jan 29, 2024 to regain Nasdaq minimum bid price compliance
--------------------------------------------------------------------------------

- Nasdaq granted Peraso a 180-day extension until January 29, 2024 to meet the $1 minimum bid price rule.
- Company must close at $1 per share for 10 consecutive business days to regain compliance.
- If not compliant by Jan 29, 2024, Nasdaq will issue a delisting notice; Peraso may appeal but no assurance.
- No immediate impact on trading; stock continues on Nasdaq Capital Market under PRSO.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/890394/000121390023063646/0001213900-23-063646-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/890394/000121390023063646/ea182908-8k_peraso.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-063646

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