secwatch.observer — SEC 8-K summary
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Issuer:     Peraso Inc. (PRSO)
CIK:        0000890394
Form:       8-K
Filed at:   2025-04-04T23:59:59+00:00
Accession:  0001213900-25-029053
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Peraso receives Nasdaq deficiency notice for minimum bid price below $1
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- Received Nasdaq letter on April 4, 2025, due to closing bid price below $1 for 30 consecutive business days ending April 3.
- Company has 180 calendar days (until October 1, 2025) to regain compliance.
- To regain compliance, closing bid price must be at least $1 for at least ten consecutive business days.
- If non-compliant after initial period, may seek second 180-day compliance period if meeting other listing standards.
- Company is evaluating options; delisting not immediate but risk exists.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/890394/000121390025029053/0001213900-25-029053-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/890394/000121390025029053/ea0237256-8k_peraso.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-029053

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