Form 8-K
8-K — Peraso Inc.
Accession: 0001213900-26-081466
Filed: 2026-07-24
Period: 2026-07-20
CIK: 0000890394
SIC: 3674 (SEMICONDUCTORS & RELATED DEVICES)
Item: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Item: Shareholder Nominations Pursuant to Exchange Act Rule 14a-11
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8-K — ea0298795-8k_peraso.htm (Primary)
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8-K — CURRENT REPORT
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
Date of Report (Date of earliest event Reported):
July 20, 2026
Peraso Inc.
(Exact Name of Registrant as Specified in Charter)
000-32929
(Commission File Number)
Delaware
77-0291941
(State or Other Jurisdiction
of Incorporation)
(I.R.S. Employer
Identification Number)
2033 Gateway Pl., Suite 500
San Jose, CA 95110
(Address of principal executive offices, with zip
code)
(408) 418-7500
(Registrant’s telephone number, including
area code)
N/A
(Former name or former address, if changed since
last report)
Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock, par value $0.001 per share
PRSO
The Nasdaq Stock Market LLC
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities
Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 3.01 Notice of Delisting or Failure to
Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
On July 21, 2026, Peraso Inc. (the “Company”)
received a letter from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that, based upon
the closing bid price of the Company’s common stock (“Common Stock”) for the 30 consecutive business days ended July
20, 2026, the Company no longer meets the requirement to maintain a minimum bid price of $1 per share, as set forth in Nasdaq Listing
Rule 5550(a)(2).
In accordance with Nasdaq Listing Rule 5810(c)(3)(A),
the Company has been provided a period of 180 calendar days, or until January 19, 2027, in which to regain compliance. In order to regain
compliance with the minimum bid price requirement, the closing bid price of the Company’s Common Stock must be at least $1 per share
for a minimum of ten consecutive business days during this 180-day period. In the event the Company does not regain compliance within
this 180-day period, the Company may be eligible to seek an additional compliance period of 180 calendar days provided it meets the continued
listing requirement for market value of publicly held shares and all other initial listing standards for the Nasdaq Capital Market, with
the exception of the bid price requirement, and further provides written notice to Nasdaq of its intent to cure the deficiency during
this second compliance period by effecting a reverse stock split, if necessary. However, if it appears to the Nasdaq staff that the Company
will not be able to cure the deficiency, or if the Company is otherwise not eligible, Nasdaq will provide notice to the Company that its
Common Stock will be subject to delisting.
The above mentioned letter does not result in the immediate delisting of the Common Stock from the Nasdaq Capital Market. The Company
is monitoring the closing bid price of its Common Stock and considering its available options in the event the closing bid price of the
Common Stock remains below $1 per share.
Item 5.08 Shareholder Director Nominations.
On July 20, 2026, the board of directors of the
Company set September 10, 2026 as the date of the Company’s 2026 Annual Meeting of Stockholders (the “2026 Annual Meeting”).
The 2026 Annual Meeting will be a virtual meeting. Stockholders of record at the close of business on July 20, 2026 will be entitled to
notice of and to vote at the 2026 Annual Meeting. Because the date of the 2026 Annual Meeting is more than 30 days before the anniversary
date of the 2025 Annual Meeting of Stockholders, the Company is providing the due date for submission of any qualified stockholder proposal
or qualified stockholder nominations.
Stockholders of the Company who wish to have a
proposal considered for inclusion in the Company’s proxy materials for the 2026 Annual Meeting pursuant to Rule 14a-8 under the
Securities Exchange Act of 1934, as amended (the “Exchange Act”), must ensure that such proposal is received by the Company’s
Secretary at its principal executive offices at the address set forth above on or prior to 5:00 p.m. (Eastern time) on August 3, 2026,
which the Company has determined to be a reasonable time before it expects to begin to print and send its proxy materials. Any such proposal
must also meet the requirements set forth in the rules and regulations of the Securities and Exchange Commission in order to be eligible
for inclusion in the proxy materials for the 2026 Annual Meeting.
In addition, in accordance with the requirements
contained in the Company’s bylaws, stockholders of the Company who wish to bring business before the 2026 Annual Meeting outside
of Rule 14a-8 of the Exchange Act or to nominate a person for election as a director must ensure that written notice of such proposal
(including all information specified in the Company’s bylaws) is received by the Company’s Secretary at the Company’s
principal executive offices at the address set forth above no later than 5:00 p.m. (Eastern time) on August 3, 2026. Any such proposal
must meet the requirements set forth in the Company’s bylaws to be brought before the 2026 Annual Meeting.
In addition, to comply with the universal proxy
rules, stockholders who intend to solicit proxies in support of director nominees other than the Company’s nominees must provide
notice that sets forth the information required by Rule 14a-19 under the Exchange Act by 5:00 p.m. (Eastern time) on August 3, 2026, which
is the tenth calendar day following the date of this Current Report on Form 8-K publicly announcing the date of the 2026 Annual Meeting.
1
SIGNATURE
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
PERASO INC.
Date: July 24, 2026
By:
/s/ James Sullivan
James Sullivan
Chief Financial Officer
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