Mobix Labs announces unsolicited bid to acquire Peraso in stock-for-stock deal

Mobix Labs (MOBX) announced an unsolicited, non-binding proposal to acquire Peraso (PRSO) in a stock-for-stock transaction. Under the proposed terms, Mobix will exchange newly issued common shares for each Peraso share at a 20% premium to Peraso’s 30-day average closing share price through June 10. Mobix Labs has submitted this non-binding proposal directly to the Peraso board of directors on June 12 and is issuing a press release and filing a Form 8-K to ensure full transparency, as Peraso has not disclosed Mobix Labs’ unsolicited offer as of this date. Should Peraso’s board decline to engage, Mobix Labs is prepared to consider alternative avenues to present its proposal directly to shareholders, consistent with regulatory requirements.