Peraso Inc. Files 8-K: Material Agreement, Equity Sales
Ticker: PRSO · Form: 8-K · Filed: Jun 13, 2024 · CIK: 890394
| Field | Detail |
|---|---|
| Company | Peraso Inc. (PRSO) |
| Form Type | 8-K |
| Filed Date | Jun 13, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001, $1, $127,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, equity-sale, corporate-filing
TL;DR
Peraso Inc. signed a big deal and sold some stock, filing an 8-K on June 11, 2024.
AI Summary
On June 11, 2024, Peraso Inc. entered into a material definitive agreement, the details of which are not fully disclosed in this filing. The company also reported on unregistered sales of equity securities and filed financial statements and exhibits. Peraso Inc. was formerly known as MoSys, Inc. and Monolithic System Technology Inc.
Why It Matters
This 8-K filing indicates significant corporate activity for Peraso Inc., including a new material agreement and equity transactions, which could impact its financial standing and future operations.
Risk Assessment
Risk Level: medium — The filing mentions a material definitive agreement and unregistered sales of equity, which can introduce financial and operational risks if not managed properly.
Key Players & Entities
- Peraso Inc. (company) — Registrant
- MoSys, Inc. (company) — Former Company Name
- Monolithic System Technology Inc (company) — Former Company Name
- June 11, 2024 (date) — Date of earliest event reported
FAQ
What is the nature of the material definitive agreement entered into by Peraso Inc. on June 11, 2024?
The filing states that Peraso Inc. entered into a material definitive agreement on June 11, 2024, but the specific details of this agreement are not disclosed in this particular 8-K filing.
What were the previous names of Peraso Inc.?
Peraso Inc. was formerly known as MoSys, Inc. (name change effective May 30, 2006) and prior to that, Monolithic System Technology Inc (name change effective June 13, 1996).
What items are being reported in this 8-K filing?
This 8-K filing reports on the entry into a material definitive agreement, unregistered sales of equity securities, and financial statements and exhibits.
When was the earliest event reported in this filing?
The earliest event reported in this filing occurred on June 11, 2024.
Where is Peraso Inc. headquartered?
Peraso Inc.'s principal executive offices are located at 2309 Bering Dr., San Jose, California 95131.
Filing Stats: 710 words · 3 min read · ~2 pages · Grade level 10.6 · Accepted 2024-06-13 08:00:38
Key Financial Figures
- $0.001 — ch registered Common Stock, par value $0.001 per share PRSO The Nasdaq Stock Mar
- $1 — .001 per share, at a price per share of $1.27, for aggregate gross proceeds of $12
- $127,000 — $1.27, for aggregate gross proceeds of $127,000 (the "Private Sale"). The Shares sold
Filing Documents
- ea0207797-8k_peraso.htm (8-K) — 27KB
- ea020779701ex10-1_peraso.htm (EX-10.1) — 23KB
- 0001213900-24-052241.txt ( ) — 225KB
- prso-20240611.xsd (EX-101.SCH) — 3KB
- prso-20240611_lab.xml (EX-101.LAB) — 33KB
- prso-20240611_pre.xml (EX-101.PRE) — 22KB
- ea0207797-8k_peraso_htm.xml (XML) — 3KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. 10.1 Stock Purchase Agreement, dated as of June 11, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 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: June 13, 2024 By: /s/ James Sullivan James Sullivan Chief Financial Officer 2