Peraso Inc. announced on June 20, 2025, that it has received a letter from The Nasdaq Stock Market LLC, confirming its regained compliance with the Nasdaq Capital Market's minimum bid price continued listing requirement.
The notification stated that as of June 17, 2025, the company's common stock had maintained a closing bid price in excess of the $1.00 minimum requirement for 10 consecutive trading days. This resolves a previous compliance issue.
Regaining Nasdaq compliance is a crucial development for Peraso, as it removes the immediate threat of delisting. This stability is important for maintaining investor confidence and ensuring the company's access to capital markets.
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