Peraso (PRSO) Exercises $2.9M of Warrants
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Peraso Announces Exercise of Warrants for $2.9 Million in Gross Proceeds
November 5, 2024 9:32 AM UTCSAN JOSE, CA / ACCESSWIRE / November 5, 2024 / Peraso Inc. (NASDAQ: PRSO) ("Peraso" or the "Company"), a pioneer in mmWave wireless technology solutions, announced today the entry into definitive agreements for the immediate exercise of certain outstanding Series B warrants to purchase up to an aggregate of 2,246,030 shares of common stock, issued by Peraso in February 2024 (the "Existing Warrants"), at a reduced exercise price of $1.30 per share. The shares of common stock issuable upon exercise of the Existing Warrants are registered pursuant to an effective registration statement on Form S-1 (File No.... More
