Peraso shares are trading lower after the company announced a $4 million registered direct offering.
Portfolio Pulse from Benzinga Newsdesk
Peraso announced a $4 million registered direct offering, causing its shares to trade lower.
June 01, 2023 | 3:17 pm
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NEGATIVE IMPACT
Peraso's stock price is trading lower due to the announcement of a $4 million registered direct offering.
The announcement of a $4 million registered direct offering has led to a decrease in Peraso's stock price. This is because the offering dilutes the value of existing shares, causing the stock price to drop in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100