secwatch.observer — SEC 8-K summary
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Issuer:     Peraso Inc. (PRSO)
CIK:        0000890394
Form:       8-K
Filed at:   2025-09-12T23:59:59+00:00
Accession:  0001213900-25-087073
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 3.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Peraso secures ~$1.1M via warrant exercise inducement, issues new Series E warrants
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- Existing Series C warrant holder exercises 952,380 shares at reduced price $1.18 (from $1.61), gross proceeds ~$1.1M.
- In exchange, Peraso issues new unregistered Series E warrants to purchase 952,380 shares at $1.25, exercisable from six months, term 5.5 years.
- Net proceeds intended for working capital and general corporate purposes.
- Placement agent Ladenburg Thalmann receives 9% cash fee and warrants for 7% of shares issued.
- Company agreed to file resale registration statement for new warrant shares within 30 days.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/890394/000121390025087073/0001213900-25-087073-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/890394/000121390025087073/ea0257113-8k_peraso.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-087073

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