secwatch.observer — SEC 8-K summary
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Issuer:     Peraso Inc. (PRSO)
CIK:        0000890394
Form:       8-K
Filed at:   2025-09-05T23:59:59+00:00
Accession:  0001213900-25-085117
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 non-compliance
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/890394/000121390025085117/0001213900-25-085117-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/890394/000121390025085117/ea0256258-8k_peraso.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-085117

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