Peraso Inc. (PRSO)

Ronald Glibbery has been chief executive officer and a director since December 2021, when the private company he founded was folded into this one. He founded Peraso Technologies Inc., called Peraso Tech in the filing, in 2008 and ran it as chief executive. The annual report credits him with over 25 years in the semiconductor industry, after executive jobs at Kleer Semiconductor, a fabless designer of wireless audio chips, and at Intellon Corporation, which made chips for communications over power lines. The same bio records a hard passage: in June 2020 Peraso Tech obtained an order under the Companies' Creditors Arrangement Act from the Ontario Superior Court of Justice, which appointed Ernst & Young Inc. as its monitor, and the monitor filed a petition under Chapter 15 of the United States Bankruptcy Code, the part that has a foreign insolvency case recognized in the United States. The Ontario court authorized an end to those proceedings in October 2020 and the United States case was terminated in December 2020. 1234

Three other executive officers are named, and none is new. James Sullivan has been chief financial officer since January 2008, after the same job at Apptera, Inc. and, before that, at 8x8, Inc.; on the insider record this site holds his first filing here dates from 2008. Bradley Lynch, chief operating officer since December 2021, co-founded Peraso Tech in 2009 and was its executive vice president of engineering and operations. Alexander Tomkins, chief technology officer since December 2021, co-founded Peraso Tech in 2009 as its chief technology officer. The bios of both men repeat the 2020 creditor protection at Peraso Tech. 56728

The board has five members. Besides Glibbery they are Daniel Lewis, now retired, a director since September 2017 who was president and then chief executive of the company before the Peraso combination and vice president and general manager of memory products until December 2022; Cornelis Links, appointed in December 2025, chief executive since January 2024 of SuperLight Photonics B.V., a Netherlands photonics company that was declared bankrupt in September 2025 and restarted after a restructuring; Andreas Melder, appointed in December 2021, a semiconductor, communications and consumer electronics executive; and Robert Newell, a director since October 2018 and a former chief financial officer at several technology companies. Links, Melder and Newell are the audit committee and all three are independent under the Nasdaq rules. On the insider record this site holds, eighteen people have filed as officers or directors, ten of them in the last fifteen months. 910111213148

The company is tiny for what it attempts: 42 employees at the end of 2025, 9 in the United States and 33 in Canada, with 31 in research, development and manufacturing operations and 11 in sales, marketing and administration. The offices it leases are in Toronto and Markham, Ontario. During 2023 and 2024 it cut 19 full-time equivalent positions, and research and development spending fell from 9.2 million dollars in 2024 to 6.2 million in 2025. 15161718