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Peraso Inc. received a notification from Nasdaq on July 21, 2026, stating that its common stock failed to meet the…
PRSOPeraso Inc.
Peraso Inc. received a notification from Nasdaq on July 21, 2026, stating that its common stock failed to meet the minimum $1 bid price requirement for 30 consecutive business days ending July 20, 2026. The company has a 180-day compliance period ending January 19, 2027, to regain compliance by achieving a $1 closing bid price for at least ten consecutive business days. Failure to cure the deficiency may lead to delisting, though a second 180-day period may be available if the company intends to effect a reverse stock split. Additionally, the company scheduled its 2026 Annual Meeting of Stockholders for September 10, 2026. Peraso Inc. is a technology company that develops semiconductor solutions.