Peraso Inc. reported that Chief Financial Officer and Secretary James Sullivan resigned effective October 2, 2026, for personal reasons with no disagreements regarding operations or financial statements. CEO Ronald Glibbery was appointed interim CFO, Secretary, principal financial officer, and principal accounting officer without additional compensation until a successor is hired. At the September 10, 2026 Annual Meeting, shareholders approved an amendment to increase shares reserved under the 2019 Stock Incentive Plan by 1,500,000. The meeting also resulted in the re-election of directors Ronald Glibbery, Cornelis Links, Andreas Melder, and Robert Y. Newell; ratification of Weinberg & Company as independent auditors; approval of executive compensation; and authorization for share issuance to Roth Principal Investments under a June 30, 2026 agreement. Peraso Inc. operates in the semiconductor industry, developing wireless connectivity solutions.

Peraso Inc. reported financial results for the second quarter ended June 30, 2026. Total net revenue increased approximately 36% sequentially to $1.3 million from $1.0 million in the prior quarter, driven by shipments of mmWave products to a new fixed wireless access customer. GAAP net loss was $2.2 million, or ($0.16) per share, compared with a net loss of $2.5 million, or ($0.22) per share, in the previous quarter. Gross margin improved to 63.7% from 61.5%. The company noted that irregular order patterns and supply chain constraints are expected to persist into the fourth quarter. Peraso Inc. operates in the semiconductor industry, providing high-performance 60 GHz wireless technology chipsets, modules, software, and IP for applications including fixed wireless access, defense, and drone communications.

Daniel Lewis provided written notice of his planned retirement and decision not to stand for re-election as a director upon the expiration of his current term at the Company’s 2026 annual meeting. The filing states that Mr. Lewis’ departure was not the result of any disagreement with the Company on operations, policies, or practices. Peraso Inc. operates in the semiconductor industry, developing wireless connectivity solutions for next-generation communications.

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.

Peraso Inc. entered into a letter agreement with Roth Principal Investments, LLC on July 10, 2026, to adjust the purchase price discount for pre-market and post-market purchases to 5.0% of the volume-weighted average price (VWAP). Peraso Inc. is a technology company that develops and manufactures high-speed wireless communication components.

Peraso Inc. entered into a Common Stock Purchase Agreement and a Registration Rights Agreement with Roth Principal Investments, LLC on June 30, 2026. The agreement allows the company to sell up to $25 million of newly issued common stock over 36 months, with sales occurring at a discount to the volume weighted average price (VWAP). The company will pay a $500,000 commitment fee and $100,000 in initial legal fees. Proceeds are intended for working capital and general corporate purposes, including expansion in the drone, defense, and tactical communications markets. Peraso Inc. develops wireless connectivity solutions for high-speed data transmission in the drone, defense, and tactical communications industries.