Peraso Inc., a pioneer in mmWave wireless technology solutions, provided an update on the strategic review process involving an unsolicited offer from Mobix Labs, Inc.
Mobix Labs proposed a combination of cash and stock consideration in their acquisition proposal to Peraso.
Peraso's Board of Directors authorized a limited exploratory call with Mobix Labs to better understand their proposal and intentions.
Unsolicited Offer from Mobix Labs
Mobix Labs made an unsolicited acquisition proposal involving cash and stock consideration.
Limited Exploratory Call Authorized
Peraso's Board authorized a limited exploratory call with Mobix Labs to gain insight into their proposal.
Fair and Disciplined Process
Peraso is conducting a strategic review process to maximize value for stockholders in a fair and disciplined manner.
- Peraso is actively engaging with Mobix Labs and other interested parties through a structured process.
- The company remains open to evaluating proposals to enhance stockholder value while maintaining fiduciary obligations.
Peraso continues to evaluate proposals with a focus on maximizing stockholder value and adhering to fiduciary duties, ensuring transparency and fairness throughout the process.