Peraso receives Nasdaq deficiency notice for minimum bid price non-compliance

Peraso Inc.

Nasdaq letter on Sept 5, 2025: closing bid price below $1 for 30 consecutive business days ended Sept 4, 2025.
Company has 180 calendar days, until March 4, 2026, to regain compliance.
To regain compliance, closing bid price must be at least $1 for a minimum of 10 consecutive business days.
If not cured, Company may seek a second 180-day compliance period if it meets other listing standards and intends to effect a reverse stock split.
No immediate delisting; Company is monitoring bid price and evaluating options.

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