Peraso entered into a $25 million Common Stock Purchase Agreement with Roth Principal Investments, giving the company discretion to sell newly issued shares over a period of up to 36 months following commencement. Pricing is tied to VWAP with discounts of 3% for market open and intraday purchases and 6% for pre- and post-market purchases, subject to thresholds and limits including a 19.99% exchange cap unless pricing or stockholder approval conditions are met. Peraso also signed a Registration Rights Agreement to register the resale of shares issued to Roth, a condition for commencing purchases. Net proceeds are earmarked for working capital and general corporate purposes, including continued product development in drone, defense and tactical communications.
Agreement 1: Peraso Sets Up $25 Million Equity Purchase Facility With Roth Principal Investments
- Agreement type: Common Stock Purchase Agreement (equity line up to $25,000,000)
- Counterparty: Roth Principal Investments
- Signed / Effective: Jun 30 2026 / same
- Duration / Termination: Up to 36 months from Commencement
- Reason: Provide flexible equity financing for working capital and growth initiatives
Agreement 2: Peraso Enters Registration Rights Pact to Enable Roth Resale of Equity Line Shares
- Agreement type: Registration Rights Agreement for resale of shares issued under equity line
- Counterparty: Roth Principal Investments
- Signed / Effective: Jun 30 2026 / same
- Duration / Termination: At will
- Reason: Register resale of shares issued under purchase agreement
Original SEC Filing:
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