a few people looking at a laptop

Ladenburg Acts as Sole Book-Running Manager in $4.172 Million Underwritten Public Offering for Peraso, Inc.

Transaction Information
Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company") announced the closing of its underwritten public offering of common stock, pre-funded warrants, Series A warrants and Series B warrants for gross proceeds of approximately $4.172 million including partial exercise of the underwriter's over-allotment option to purchase additional shares of common stock, Series A warrants and Series B warrants (the "Offering").

Ladenburg Thalmann & Co. Inc. acted as the sole book-running manager for the Offering.

About Peraso Inc.
Peraso Inc. is a pioneer in high-performance 60 GHz unlicensed and 5G mmWave wireless technology, offering chipsets, antenna modules, software and IP. Peraso supports a variety of applications, including fixed wireless access, immersive video and factory automation. In addition, Peraso's solutions for data and telecom networks focus on Accelerating Data Intelligence and Multi-Access Edge Computing, providing end-to-end solutions from the edge to the centralized core and into the cloud. For additional information, please visit www.perasoinc.com.

The information and material presented is provided for informational purposes only and are not to be used or considered as an offer or the solicitation of an offer to sell or buy any securities mentioned herein.