The future of Peraso Inc. (NASDAQ: PRSO), a leading innovator in mmWave wireless technology, is drawing heightened market attention this week as the company secures new orders, strengthens its balance sheet, and faces an unsolicited hostile takeover attempt from Mobix Labs, Inc. (NASDAQ: MOBX).
Mobix Labs Escalates Hostile Tender Offer
On September 15, Mobix Labs announced it has filed a Form 425 with the U.S. Securities and Exchange Commission, formally declaring its intention to launch a hostile exchange offer for all outstanding shares of Peraso. The proposed mix of cash and Mobix stock aims to provide Peraso shareholders immediate value with long-term upside participation.
Mobix Labs sharply criticized Peraso’s recent financing efforts, calling them dilutive and designed to restrict shareholder communications. The company emphasized that combining its semiconductor and connectivity expertise with Peraso’s mmWave leadership would create a stronger platform for long-term growth.
Peraso Wins $0.9 Million FWA Equipment Order
Just days prior, on September 12, Peraso announced a significant $0.9 million purchase order from a global original equipment manufacturer (OEM) in the fixed wireless access (FWA) market. The order focuses on Peraso’s PRM2141X module, a 60GHz solution that enables fiber-class broadband performance with cost-efficient, rapidly deployable wireless infrastructure.
The deal reinforces Peraso’s growing role as a trusted supplier to Tier-1 OEMs and underscores the rising demand for high-performance FWA technology in underserved urban and rural markets.
Additional Companies to Watch Now
In addition to Peraso Inc. (NASDAQ: PRSO), keep an eye on: FGI Industries Ltd (NASDAQ: FIG), Birks Group Inc (NYSE: BGI), Conifer Holdings Inc. (NASDAQ: CNFR), Tantech Holdings Ltd. (NASDAQ: TANH) Power Metallic (OTCQB: PNPNF | TSXV: PNPN) and Synergy CHC Corp. “FocusFactor” (NASDAQ: SNYR) as they are setting up for aggressive moves now.
Peraso Raises $1.1 Million in Warrant Exercises
On September 11, Peraso disclosed that it had secured approximately $1.1 million in gross proceeds through the immediate exercise of previously issued Series C warrants. The transaction, executed at a reduced exercise price of $1.18 per share, will bolster the company’s working capital and support ongoing corporate initiatives.
Management stated that proceeds would be used for general purposes and working capital, ensuring operational continuity and providing flexibility as demand for Peraso’s mmWave products accelerates.
A Pivotal Moment for PRSO Shareholders
The convergence of these developments’ places Peraso at a critical inflection point. On one hand, the company is demonstrating tangible commercial momentum, highlighted by new customer orders and strengthened liquidity. On the other, shareholders must weigh Mobix Labs’ hostile tender offer and its implications for long-term value creation versus Peraso’s standalone trajectory.
With orders building, capital raised, and a hostile bid on the table, Peraso’s next moves will be closely watched by investors, industry peers, and potential partners.
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