Mobix Labs and Peraso Engage in Further Discussions Regarding a Potential Strategic Transaction

IRVINE, Calif., Jan. 21, 2026 (GLOBE NEWSWIRE) -- Mobix Labs, Inc. (Nasdaq: MOBX) (“Mobix Labs”), a rapidly growing fabless semiconductor and connectivity company serving the defense, aerospace, and high-reliability markets, today announced that it engaged in further discussions with Peraso, Inc. (Nasdaq: PRSO) (“Peraso”) regarding a potential strategic transaction.

Mobix Labs previously announced that the parties had entered into a mutual confidentiality agreement to support discussions. The parties are conducting customary, confidential diligence. While discussions continue, no agreement has yet been reached regarding transaction structure, consideration, timing, or other material terms. There can be no assurance that these discussions will result in a definitive agreement or that any transaction will be consummated.

Mobix Labs has delivered to Peraso a non-binding indication of interest contemplating a potential all-stock transaction at a premium to Peraso’s trading price, subject to further diligence, negotiation, and the execution of definitive documentation. Any such transaction would be subject to customary approvals and conditions.

“We believe there is an important strategic opportunity to explore,” said Phil Sansone, Chief Executive Officer of Mobix Labs. “Peraso’s wireless capabilities are highly complementary to Mobix Labs’ high-reliability connectivity and defense-focused platform. If completed, we believe a combination could accelerate our strategy to build a broader, differentiated technology company positioned for long-cycle, mission-critical markets and meaningful long-term value creation.”

Mobix Labs does not intend to provide further updates unless and until it determines additional disclosure is appropriate or required.

About Mobix Labs
Mobix Labs, Inc. (Nasdaq: MOBX) is a fabless semiconductor and connectivity company focused on defense, aerospace, and other high-reliability applications. The company’s portfolio includes RF, interconnect, and related solutions designed for performance and reliability. For more information, please visit mobixlabs.com.

About Peraso
Peraso, Inc. is a pioneer in high-performance 60 GHz unlicensed and 5G mmWave wireless technology, offering chipsets, modules, software, and IP. Peraso supports a variety of applications, including fixed wireless access, military, immersive video, and factory automation. For additional information, please visit perasoinc.com.