NewsHK
Small-cap technology listings have faced sustained valuation pressure across markets, and Peraso Inc. is now navigating the formal consequences.
The San Jose, California company received a letter dated July 21, 2026, from the Nasdaq Listing Qualifications Staff confirming that its common stock (ticker: PRSO) closed below the exchange's $1 minimum bid price for 30 consecutive business days through July 20, a breach of Nasdaq Listing Rule 5550(a)(2).
The compliance clock and what it requires Under Nasdaq Listing Rule 5810(c)(3)(A), Peraso has 180 calendar days to regain compliance, with the deadline set at January 19, 2027.
The cure condition is specific: the closing bid price must hold at or above $1 per share for at least ten consecutive business days during that period.
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