Peraso Inc.: management transactions · United States · SEC (Form 4)

About Peraso Inc.

Peraso Inc. is a technology company listed on the NASDAQ Capital Market in the United States under the ticker PRSO. For investors, it is a niche wireless connectivity supplier focused on high-performance mmWave solutions, especially 60 GHz unlicensed wireless and 5G mmWave applications. The company’s current corporate structure dates to December 2021, when MoSys, Inc. completed a business combination with Peraso Technologies Inc. Peraso is headquartered in San Jose, California, placing it in the heart of the U.S. semiconductor and networking ecosystem. ([investors.perasoinc.com](https://investors.perasoinc.com/?utm_source=openai)) Peraso’s core business is the design and sale of chipsets, antenna modules, software, and intellectual property used in ultra-high-speed wireless systems. Its solutions are aimed at use cases where bandwidth, low latency, and spectral efficiency are critical, including fixed wireless access, immersive video, factory automation, and telecom/data-network infrastructure. In practice, the company operates as a specialized technology enabler rather than a network operator, monetizing a combination of silicon, modules, and software components. ([investors.perasoinc.com](https://investors.perasoinc.com/?utm_source=openai)) Competitive positioning is shaped by the fact that mmWave is a technically demanding niche. Peraso’s value proposition lies in its RF engineering expertise, integration capabilities, and long-running focus on both unlicensed 60 GHz and licensed 5G mmWave use cases. That specialization can create barriers to entry, but it also means the company must continuously convert technology wins into repeatable commercial adoption. Its investor materials and recent customer announcements suggest a strategy centered on design wins with OEMs and solution providers serving fixed wireless and industrial markets. ([investors.perasoinc.com](https://investors.perasoinc.com/?utm_source=openai)) Recent news has been constructive from an operating perspective. In March 2026, Peraso reported fourth-quarter and full-year 2025 results and said mmWave product revenue increased six-fold year over year. Management also highlighted continued shipment growth, healthy gross margins, disciplined expense control, and several design wins with new and existing customers. Earlier 2025 releases pointed to multiple technology, product, and customer milestones, reinforcing the idea that commercial traction is improving, even if from a small base. ([sec.gov](https://www.sec.gov/Archives/edgar/data/890394/000165495426002300/prso_ex991.htm?utm_source=openai)) At the same time, investors should note the financial risk profile. Peraso’s latest SEC filings indicate ongoing net losses and disclose substantial doubt about the company’s ability to continue as a going concern over the next 12 months, which is a material consideration for any valuation framework. As a result, PRSO is best understood as a high-risk, high-upside microcap technology name tied to the adoption of mmWave wireless infrastructure in the United States and abroad. ([sec.gov](https://www.sec.gov/Archives/edgar/data/890394/000121390026036514/ea0282892-10k_peraso.htm?utm_source=openai))