Peraso Inc. (PRSO) Prices 5.71M Share Offering at $0.70/sh

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Go back to Peraso Inc. (PRSO) Prices 5.71M Share Offering at $0.70/sh

Peraso Announces $4.0 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules

May 31, 2023 6:33 PM EDT

SAN JOSE, CA / ACCESSWIRE / May 31, 2023 / Peraso Inc. (NASDAQ: PRSO) ("Peraso" or the "Company") today announced that it has entered into a securities purchase agreement with an institutional investor (the "Investor") in connection with a registered direct offering, which was priced at-the-market under Nasdaq rules, of an aggregate of 5,714,286 shares of its common stock (or pre-funded warrants in lieu thereof) at an offering price of $0.70 per share (or $0.69 per pre-funded warrant). The pre-funded warrants will be immediately exercisable at a nominal exercise price of... More