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Peraso Regains Compliance with Nasdaq Minimum Bid Price Requirement

1. Peraso regained compliance with Nasdaq's minimum bid price requirement. 2. The stock price exceeded $1.00 for ten consecutive days. 3. Compliance with Nasdaq rules removes listing risk for PRSO.

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Why Bullish?

Regaining compliance with Nasdaq enhances investor confidence. Historical compliance trends often lead to price increases, as seen in similar stocks.

How important is it?

The article directly addresses compliance, which is crucial for maintaining investor interest.

Why Short Term?

Immediate compliance news can quickly affect stock trading. Typically, such announcements result in short-term price adjustments.

Related Companies

NASDAQ:AMZNNASDAQ:SMCINASDAQ:AVGO
Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a pioneer in mmWave wireless technology solutions, today announced that it has received a letter from The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that it has regained compliance with the Nasdaq Capital Market's minimum bid price continued listing requirement. The letter noted that, as of June 17, 2025, the Company evidenced a closing bid price of its common stock in excess of the $1.00 minimum requirement for the last 10 consecutive trading days. Accordingly, the Company has regained compliance with Nasdaq Marketplace Rule 5550(a)(2) and Nasdaq considers the matter closed.About Peraso Inc.Peraso Inc. (NASDAQ:PRSO) is a pioneer in high-performance 60 GHz unlicensed and 5G mmWave wireless technology, offering chipsets, modules, software, and IP. Peraso supports a variety of applications, including fixed wireless access, military, immersive video, and factory automation. For additional information, please visit www.perasoinc.com.Company Contact:Jim Sullivan, CFOPeraso Inc.P: 408-418-7500E: [email protected]Investor Relations Contacts:Shelton GroupBrett L. PerryP: 214-272-0070E: [email protected]SOURCE: Peraso Inc.

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