📄 PERASO INC.

Peraso is a pioneer in mmWave technology, specializing in the development of 60 GHz and 5G mmWave antenna module products. The company is discontinuing its legacy memory IC products, which historically represented a majority of its revenue, to focus on its mmWave solutions. Offering: $3.7M at $3.7M valuation Key risk: The discontinuation of memory IC products, which represented over 60% of revenue, will negatively impact future revenues, results of operations and cash flows. Proceeds: Further development of mmWave antenna module products, Working capital and other general corporate purposes, Potential acquisitions or investments in complementary businesses, technologies, products or assets

Peraso is a pioneer in mmWave technology, specializing in the development of 60 GHz and 5G mmWave antenna module products. The company is discontinuing its legacy memory IC products, which historically represented a majority of its revenue, to focus on its mmWave solutions.