News & Events zu Perfect Corp (PERF)PERFPerfect Corp

Perfect Corp. Completes Merger with ProjectNY

Perfect Corp. announced the completion of the merger, pursuant to the previously announced Agreement and Plan of Merger, dated as of July 10, 2026, between the Company and ProjectNY, an exempted company with limited liability incorporated under the laws of the Cayman Islands controlled by Ms. Alice H. Chang, and the plan of merger filed with the Registrar of Companies of the Cayman Islands. In the Merger, Merger Sub merged with and into the Company, with the Company surviving the Merger as the surviving company. As a result of the Merger, the Company's Class A ordinary shares ceased to be publicly traded. In accordance with the terms of the Merger Agreement and the Plan of Merger which were approved at an extraordinary general meeting held on October 19, at the effective time of the Merger at 7:00 a.m. on October 23, each ordinary share of the Company issued and outstanding immediately prior to the Effective Time, other than the Excluded Shares, the Continuing Shares and the Dissenting Shares, each as defined in the Merger Agreement, has been cancelled and ceased to exist in exchange for the right to receive $2.00 in cash per share without interest, subject to applicable withholding taxes. At the Effective Time, each whole outstanding warrant to purchase Shares became exercisable for $2.00 in cash, subject to valid exercise and payment of the applicable exercise price under the warrant agreement dated January 7, 2021, as amended on October 28, 2022. For valid exercises during the 30-day period following disclosure of the Merger's completion in the Company's Form 6-K furnished to the Securities and Exchange Commission on October 23, the exercise price is temporarily reduced to US$1.999647 per Warrant, equal to $2.00 less the Black-Scholes Warrant Value of $0.000353. This reduced price applies through November 23.

Perfect Corp. Launches AI Glasses Virtual Try-On Upgrade

Perfect Corp. announced a generative AI upgrade to its AI Glasses Virtual Try-On solution, led by the new Glasses Removal feature. Built on generative AI instead of the legacy frame-masking method used by earlier glasses removal tools, Glasses Removal rebuilds the face behind a shopper's own glasses in real time, so people who need glasses to see can keep them on and still get a clean, accurate try-on of every new frame. Glasses Removal is available now on e-commerce websites, mobile apps, and in-store kiosks through a single integration.

Perfect Shareholders Approve Merger with ProjectNY

Perfect announced that at an extraordinary general meeting held today, the Company's shareholders voted in favor of, among other things, the proposal to authorize and approve the previously announced Agreement and Plan of Merger, dated as of July 10 between the Company and ProjectNY, an exempted company with limited liability incorporated under the laws of the Cayman Islands controlled by Alice H. Chang, the plan of merger required to be filed with the Registrar of Companies of the Cayman Islands, and the transactions contemplated thereby, including the Merger. Pursuant to the terms of the Merger Agreement, at the effective time of the Merger, Merger Sub will merge with and into the Company, with the Company surviving the Merger as the surviving company. The Merger Agreement, the Plan of Merger and the transactions contemplated thereby, including the Merger, were approved by approximately 99.99% of the total votes. Completion of the Merger is subject to the satisfaction or waiver of the conditions set forth in the Merger Agreement.