Peraso Shares Progress on Strategic Review and Confirms Brief Exploratory Discussion with Mobix Labs
Acquisition Proposal: Peraso Inc. has received two letters from Mobix Labs regarding an unsolicited acquisition offer, which includes a revised proposal involving cash and stock, but Mobix Labs refuses to enter a confidentiality agreement.
Board's Response: The Board of Directors of Peraso has authorized a limited exploratory call with Mobix Labs to discuss the proposal, while maintaining that no material non-public information will be shared without a confidentiality agreement.
Get Free Real-Time Notifications for Any Stock
Analyst Views on PRSO
No data
About PRSO
About the author
Benchmark Confirms Buy Rating for Peraso (PRSO)
Analyst Recommendation: Benchmark has reiterated a Buy recommendation for Peraso (NasdaqCM:PRSO) as of December 5, 2025, with a projected one-year price target of $2.79/share, indicating a potential upside of 195.41% from its current price of $0.95/share.
Projected Revenue Growth: Peraso's projected annual revenue is expected to reach $84 million, reflecting a significant increase of 547.79%, alongside a projected non-GAAP EPS of 0.04.
Institutional Ownership Trends: There has been a 4.55% increase in the number of funds reporting positions in Peraso, with total institutional shares owned rising by 30.97% to 350,000 shares over the last three months.
Shareholder Activity: Notable changes in shareholder positions include Acadian Asset Management increasing its stake, while Renaissance Technologies significantly reduced its holdings by over 286%, indicating varied strategies among institutional investors.
Mobix Labs and Peraso Engage in Talks for Possible Acquisition
Confidentiality Agreement: Mobix Labs has entered into a mutual confidentiality agreement with Peraso, Inc. to explore a potential acquisition, marking a shift from previous unsolicited offers to a more collaborative approach.
Strategic Potential: The CEO of Mobix Labs expressed optimism about combining their high-reliability connectivity solutions with Peraso's wireless expertise to create a diversified technology platform with global reach.
Forward-Looking Statements: The announcement includes forward-looking statements regarding the potential acquisition, emphasizing the uncertainties and risks involved in the discussions and any future transactions.
No Current Offer: The press release clarifies that it does not constitute an offer to purchase or solicit any securities, and no tender offer has been initiated at this time.
