Peraso secures $1.1M from warrant exercise; issues new Series E warrants

2 hours ago 1

Peraso (NASDAQ:PRSO) entered a deal for the immediate exercise of 952,380 Series C warrants at $1.18/share.
Gross proceeds are expected to be ~$1.1M before fees and expenses.
In return, Peraso will issue new Series E warrants to purchase 952,380 shares at $1.25/share.