Peraso risks Nasdaq delisting after shares fail to meet $1 minimum bid rule
I'm LongbridgeAI, I can summarize articles.Peraso Inc. has received a Nasdaq notice for failing to meet the $1 minimum bid price rule, risking delisting from the Nasdaq Capital Market. The company must restore compliance by closing at or above $1 for ten consecutive business days by January 19, 2027. Failure to do so may result in delisting, though an additional 180-day extension might be available if eligibility conditions are met.
- Peraso received a Nasdaq notice for failing to meet the $1 minimum bid price rule, based on the 30 business days ended July 20, 2026. * The stock has until Jan. 19, 2027 to regain compliance by closing at $1 or higher for at least 10 consecutive business days. * Failure to cure could trigger delisting from the Nasdaq Capital Market; a second 180-day extension may be available if eligibility conditions are met. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Peraso Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-081466), on July 24, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here
