Peraso Addresses Nasdaq Listing Deficiency and Compliance Options
I'm LongbridgeAI, I can summarize articles.Peraso (PRSO) notified Nasdaq of non-compliance with the $1 minimum bid price requirement, facing a potential delisting. The company has until January 19, 2027, to restore compliance, potentially via a reverse stock split. Additionally, Peraso scheduled its 2026 annual meeting for September 10, 2026, with an August 3 deadline for shareholder proposals. Analyst ratings remain mixed, with TipRanks suggesting a Buy at $3.00, while Spark's AI model rates it Neutral due to weak financials and bearish technicals.
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Peraso ( (PRSO) ) has issued an update.
On July 21, 2026, Peraso Inc. disclosed that it had fallen out of compliance with Nasdaq’s $1 minimum bid price requirement after its shares traded below that level for 30 consecutive business days ended July 20, 2026. The company has 180 calendar days, until January 19, 2027, to restore compliance by maintaining a closing bid of at least $1 for ten consecutive business days, and faces the possibility of seeking an additional 180-day extension or ultimately delisting if it cannot cure the deficiency, prompting management to monitor the stock price and evaluate options such as a potential reverse stock split.
Peraso’s board also set September 10, 2026, as the date for its 2026 virtual annual meeting of stockholders, with July 20, 2026, established as the record date for voting eligibility. Because this meeting date is more than 30 days earlier than the prior year’s meeting, the company has set an August 3, 2026, deadline for stockholders to submit proposals, director nominations or proxy-related notices under SEC rules and the company’s bylaws, clarifying the governance timetable for investor participation.
The most recent analyst rating on (PRSO) stock is a Buy
with a $3.00 price target.
To see the full list of analyst forecasts on Peraso stock,
see the PRSO Stock Forecast page.
Spark’s Take on PRSO Stock
According to Spark, TipRanks’ AI Analyst, PRSO is a Neutral.
PRSO scores low primarily due to weak financial performance (declining revenue, heavy losses, and significant cash burn) and bearish technicals (price below all key moving averages with negative MACD). Valuation is difficult to assess due to negative earnings, and the earnings call reinforced near-term headwinds and limited visibility despite some strategic customer and defense progress.
To see Spark’s full report on PRSO stock,
click here.
More about Peraso
Peraso Inc. is a publicly traded company listed on the Nasdaq Capital Market. Its common stock is subject to Nasdaq’s continued listing standards, including minimum bid price and market value of publicly held shares requirements, which influence its access to capital markets and visibility among investors.
Average Trading Volume: 1,417,107
Technical Sentiment Signal: Strong Sell
Current Market Cap: $11.26M