IRVINE, Calif., September 06, 2025 — obix Labs, Inc. (Nasdaq: MOBX), a provider of advanced connectivity and sensing solutions, today announced that it has enhanced its proposal to acquire Peraso, Inc. (Nasdaq: PRSO) by adding a cash component to its original all-stock offer.
The improved proposal gives Peraso stockholders the best of both worlds:
Cash – immediate, certain value.
Stock – participation in the growth and upside of the combined company.
“This is a rare opportunity for Peraso stockholders,” said Keyvan Samini, President and Chief Financial Officer of Mobix Labs. “Our enhanced proposal delivers real cash in hand on closing and the chance to share in the long-term growth of a stronger, more competitive company. We are building a bigger, stronger business positioned for future success — and we want Peraso stockholders to share in that success. We believe this path creates superior value compared to the uncertain outlook Peraso currently faces.”
Mobix Labs has repeatedly sought to engage with Peraso’s Board of Directors to discuss its initial proposal to acquire the company. Despite these efforts, Peraso’s Board has declined to meet, even for non-confidential discussions. With this enhanced cash-and-stock offer, Mobix Labs has again requested a prompt meeting and has asked the Peraso Board to provide a response by 5:00 p.m. Pacific Time on Monday, September 8, 2025.
“If the Peraso Board continues to refuse to engage, we are prepared to take this offer directly to Peraso stockholders,” Samini added. “Our strong preference, however, is a cooperative, negotiated transaction that creates significant long-term value for both companies’ stockholders.”