Business
Mobix Labs Launches Unsolicited Bid to Acquire Peraso in 20% Premium Deal to Shareholders—Accelerating Revenue Growth and Market Expansion
IRVINE, Calif., June 26, 2025--Mobix Labs, Inc. (Nasdaq: MOBX) ("Mobix") today announced an unsolicited, non-binding proposal to acquire Peraso, Inc. (Nasdaq: PRSO) ("Peraso") in a premium stock-for-stock transaction.
About this update from Peraso Inc.
[{"type":"text","content":"~ Increasing revenue, combining scale, and realizing immediate synergies ~~ Creating a dominant force in high-growth mmWave and defense semiconductor markets ~~ Securing Nasdaq listing stability for Peraso shareholders ~","length":222,"tagName":"p","attribs":{}},{"type":"text","content":"IRVINE, Calif., June 26, 2025--(BUSINESS WIRE)--Mobix Labs, Inc. (Nasdaq: MOBX) ("Mobix") today announced an unsolicited, non-binding proposal to acquire Peraso, Inc. (Nasdaq: PRSO) ("Peraso") in a premium stock-for-stock transaction.","length":254,"tagName":"p"},{"type":"text","content":"Under the proposed terms, Mobix will exchange newly issued MOBX common shares for each PRSO share at a 20% premium to Peraso’s 30-day average closing share price through June 10, 2025.","length":184,"tagName":"p"},{"type":"text","content":"Transaction Highlights & Shareholder Benefits","length":49,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenue Accretion & Scale:","length":30,"tagName":"p","attribs":{}},{"type":"list","items":[{"val":[{"type":"text","content":"Peraso Q1 2025 revenue exceeded that for its entire 2024 fiscal year.","length":69,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Peraso delivered approximately $1.5 million in 5G/mmWave revenues in Q1 2025, compared to an annual revenue of $1.3 million in 5G/mmWave revenues for fiscal year 2024. This significant increase in mmWave revenue reflects a strong 5G/mmWave semiconductor demand.","length":261,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Mobix generated over $10.7 million in trailing-12-month revenue, posting an exceptional ~450% YoY growth.","length":105,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"The combined company could command approximately $20 million in annual revenue, enhancing scale and accelerating profitability.","length":127,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":562,"olType":false}]},{"val":[{"type":"text","content":"Margin Enhancement & Operational Leverage:","length":46,"tagName":"p","attribs":{}},{"type":"list","items":[{"val":[{"type":"text","content":"Based on publicly available data, Peraso has reported gross margins of approximately 57% in 2024, which closely aligns with Mobix’s historical performance.","length":155,"tagN...