tiprankstipranks
Peraso Inc. Secures Funding Through Public Offering
Company Announcements

Peraso Inc. Secures Funding Through Public Offering

Peraso, Inc. (PRSO) has released an update to notify the public and investors about an entry into a material definitive agreement.

Don't Miss Our Christmas Offers:

Peraso Inc. successfully completed a public offering on February 8, 2024, generating net proceeds of approximately $3.4 million. The offering included common stock, various series of warrants, and additional shares following a partial exercise of the underwriter’s option. The funds raised are earmarked for operational costs, working capital, and general corporate purposes. The warrants, which are not planned to be listed on any exchange, come with specific exercise prices and expiration dates, while the underwriting agreement stipulates lock-up periods restricting certain equity transactions post-offering.

For further insights into PRSO stock, check out TipRanks’ Stock Analysis page.

For a comprehensive understanding of the announcement, you can read the full document here.

Related Articles
TheFlyPeraso files to sell 4.65M shares of common stock for holders
TipRanks Auto-Generated NewsdeskPeraso Inc. Reports Q3 2024 Financial Results
Howard KimPRSO Upcoming Earnings Report: What to Expect?
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App