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Mobix Labs, Inc. (NASDAQ:MOBX), a fast-growing provider of advanced connectivity and defense technology solutions, today announced that it held a constructive meeting with Peraso, Inc. (NASDAQ:PRSO) regarding Mobix Labs enhanced cash-and-stock proposal to acquire the company. Both sides agreed to continue discussions, and Mobix Labs reaffirmed its intention to close the transaction within the next 75 days.
Mobix Labs' enhanced proposal to offer Peraso stockholders 30% cash
Under its enhanced proposal, Mobix Labs intends to provide Peraso stockholders with a transaction structured as approximately 30% cash and 70% Mobix Labs common stock. This mix of consideration is designed to deliver immediate and certain value through the cash component, while also giving Peraso stockholders the opportunity to participate in the future growth and upside of Mobix Labs through ownership of its publicly traded shares.
Value Creation: Multiple Engines of Growth
Mobix Labs believes the proposed transaction would unlock significant value for stockholders through: