Peraso raises $1.1 million through warrant exercise agreement

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Go back to Peraso raises $1.1 million through warrant exercise agreement

Peraso Announces Exercise of Warrants for $1.1 Million in Gross Proceeds

September 11, 2025 4:48 PM EDT

SAN JOSE, CALIFORNIA / ACCESS Newswire / September 11, 2025 / Peraso Inc. (NASDAQ: PRSO) ("Peraso" or the "Company"), a pioneer in mmWave wireless technology solutions, announced today the entry into a definitive agreement for the immediate exercise of certain outstanding Series C warrants to purchase up to an aggregate of 952,380 shares of common stock, issued by Peraso in November 2024 (the "Existing Warrants"), at a reduced exercise price of $1.18 per share. The gross proceeds to Peraso are expected to be approximately $1.1 million, prior to deducting placement... More