Mergers & Acquisitions ·
Perfect Corp. completes merger with ProjectNY, paying $2.00 per share in cash
PERFPerfect Corp.
Perfect Corp. completed its merger with ProjectNY on October 23, 2026, resulting in the cancellation of all outstanding Class A ordinary shares (excluding excluded and dissenting shares) in exchange for US$2.00 in cash per share. Trading on the NYSE was suspended prior to market open on the effective date, and the company intends to file a Form 15 to deregister its securities and suspend SEC reporting obligations. Outstanding warrants became exercisable at a temporarily reduced price of $1.999647 through November 23, 2026, before reverting to $11.50. Perfect Corp. is an artificial intelligence company offering augmented reality solutions for the beauty, fashion, and creative industries.