−Removed: Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
−Removed: Information for Common Stock
−Removed: common stock is currently listed on the Nasdaq Stock Market under the symbol “PRSO.”
−Removed: of December 31, 2024, there were 83 holders of record of our common stock and 50 holders of record of our exchangeable shares.
−Removed: number of common stockholders is significantly greater than this number of record stockholders and includes stockholders who are beneficial
−Removed: owners but whose shares are held in street name by brokers and other nominees.
−Removed: This number of stockholders of record also does not include
−Removed: stockholders whose shares may be held in trust by other entities.
−Removed: date, we have paid no cash dividends on our shares of common stock and we do not expect to pay cash dividends on our common stock in
−Removed: the foreseeable future.
−Removed: We intend to retain future earnings, if any, to provide funds for operations of our business.
−Removed: Therefore, any
−Removed: potential return investors may have in our common stock will be in the form of appreciation, if any, in the market value of their shares
−Removed: of common stock.
−Removed: We are not subject to any legal restrictions respecting the payment of dividends, except that we may not pay dividends
−Removed: if the payment would render us insolvent.
−Removed: Any future determination as to the payment of cash dividends on our common stock will be at
−Removed: the discretion of our board of directors.
−Removed: Authorized for Issuance under Equity Compensation Plan
−Removed: information regarding securities authorized for issuance under equity compensation plans, please refer to Item 12.
−Removed: Security Ownership
−Removed: of Certain Beneficial Owners and Management and Related Stockholder Matters.
−Removed: of Equity Securities by the Issuer and Affiliated Purchasers
−Removed: had no share repurchase activity for the three months ended December 31, 2024.
−Removed: Sale of Unregistered Securities and Use of Proceeds
+Added: Market for Registrant’s Common Equity, Related Stockholder
+Added: Matters and Issuer Purchases of Equity Securities.
+Added: Market Information for Common Stock
+Added: Our common stock is currently listed on the Nasdaq Stock Market under the
+Added: symbol “PRSO.”
+Added: Holders of Record
+Added: As of December 31, 2025, there
+Added: were 44 holders of record of our common stock and 47 holders of record of our exchangeable shares.
+Added: The actual number of common stockholders
+Added: is significantly greater than this number of record stockholders and includes stockholders who are beneficial owners but whose shares
+Added: are held in street name by brokers and other nominees.
+Added: This number of stockholders of record also does not include stockholders whose
+Added: shares may be held in trust by other entities.
+Added: Dividend Policy
+Added: To date, we have paid no cash dividends on our shares
+Added: of common stock and we do not expect to pay cash dividends on our common stock in the foreseeable future.
+Added: We intend to retain future earnings,
+Added: if any, to provide funds for operations of our business.
+Added: Therefore, any potential return investors may have in our common stock will be
+Added: in the form of appreciation, if any, in the market value of their shares of common stock.
+Added: We are not subject to any legal restrictions
+Added: respecting the payment of dividends, except that we may not pay dividends if the payment would render us insolvent.
+Added: Any future determination
+Added: as to the payment of cash dividends on our common stock will be at the discretion of our board of directors.
+Added: Securities Authorized for Issuance under Equity Compensation Plan
+Added: For information regarding securities authorized for
+Added: issuance under equity compensation plans, please refer to Item 12.
+Added: Security Ownership of Certain Beneficial Owners and Management and
+Added: Related Stockholder Matters.
+Added: Purchases of Equity Securities by the Issuer and
+Added: Affiliated Purchasers
+Added: We had no share repurchase activity for the three months ended December
+Added: Recent Sale of Unregistered Securities and Use of Proceeds
+Added: Except as disclosed below, during the period covered by this Annual
+Added: Report on Form 10-K, we have not sold any equity securities that were not registered under the Securities Act that were not previously
+Added: reported in a Quarterly Report on Form 10-Q or in a Current Report on Form 8-K.
+Added: On December 8, 2025, we issued 50,000 unregistered
+Added: shares of common stock with a fair value of approximately $50,000 to a service provider as compensation.
+Added: The shares were issued in reliance
+Added: on an exemption from registration provided by Section 4(a)(2) and/or Rule 506 of Regulation D of the Securities Act because the issuance
+Added: did not involve a public offering, the service provider took the securities for investment and not resale, we took appropriate measures
+Added: to restrict transfer, and the service provider is a sophisticated investor.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.