Peraso Says It Regained Compliance With Nasdaq Minimum Bid Price Requirement
Portfolio Pulse from Benzinga Newsdesk
Peraso Technologies Inc. has announced that it has regained compliance with Nasdaq's minimum bid price requirement, avoiding potential delisting.

January 19, 2024 | 12:06 pm
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Peraso Technologies Inc. has regained compliance with the Nasdaq minimum bid price requirement, which is positive for the company and its investors.
Regaining compliance with Nasdaq's minimum bid price requirement is a significant positive development for Peraso Technologies. It eliminates the immediate risk of delisting, which can be detrimental to stock liquidity and investor confidence. This news is likely to be viewed positively by investors and could lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100