Peraso explores strategic alternatives options including merger or sale

Peraso (NASDAQ:PRSO) said that its board of directors has authorized the exploration of strategic alternatives, including a merger, sale of assets or other similar transaction, all intended to maximize stockholder value and further its business operations.

The company has engaged Craig-Hallum Capital Group LLC as financial advisor for this process.

The board continues to evaluate an unsolicited non-binding proposal from Mobix Labs disclosed on June 27, 2025.

Additionally, management is seeking various funding arrangements to address short-term cash needs while implementing cost-saving measures through expenditure delays and deferrals.