2023-08-02 08:52:49 ET
- Peraso ( NASDAQ: PRSO ) on Wednesday received a 180-day extension till January 29, 2024 to regain compliance with Nasdaq's minimum bid price requirement.
- If at any time prior to January 29, 2024, the bid price of the company's common stock closes at $1.00 per share or more for a minimum of 10 consecutive business days, it will regain compliance with the bid price rule.
- Nasdaq will provide a delisting notice to the company if it fails to regain compliance during the additional 180-day extension period.
- Source: Press Release
For further details see:
Peraso announces extensions to regain Nasdaq compliance