Mobix Labs and Peraso in Talks for Potential Strategic Transaction

Mobix Labs and Peraso are engaging in discussions for a potential strategic transaction, with Mobix Labs delivering a non-binding indication of interest for an all-stock transaction at a premium to Peraso's trading price. The parties are conducting customary diligence, and while no agreement has been reached, Mobix Labs believes the combination could accelerate its strategy to build a broader technology company positioned for long-cycle markets.