Perfect Corp shareholders approved its proposed merger with ProjectNY on 19 October 2026. The buyer is controlled by Alice H. Chang, Perfect’s chairwoman and chief executive.[1][2]
Perfect supplies AI beauty and augmented reality tools, including YouCam consumer apps and virtual product try-ons for retailers.[1]
The 10 July agreement provides US$2 cash for each eligible share cancelled. Continuing holders retain their shares; dissenting and excluded shares have separate treatment. The August proxy recorded those continuing shareholders with 81.2% of voting power already pledged to support the deal.[3]
Perfect’s 19 October 2026 merger vote
| Measure | Percentage |
|---|---|
| Outstanding ordinary shares represented | About 68.6% |
| Outstanding voting rights represented | About 87.4% |
| Votes cast in favour | About 99.99% |
The share classes weight participation: each Class A share carries one vote, while each Class B share carries ten.[1]
The remaining merger conditions must still be satisfied or waived before Perfect becomes privately held.[1]
Sources & further reading
- Perfect Announces Shareholders’ Approval of Merger Agreement Perfect Corp via SEC EDGAR · 19 Oct 2026 · Accessed 20 Oct 2026
- Perfect Corp Form 6-K — October 19, 2026 Perfect Corp via SEC EDGAR · 19 Oct 2026 · Accessed 20 Oct 2026
- Perfect Corp proxy statement — merger terms and shareholder meeting Perfect Corp via SEC EDGAR · 26 Aug 2026 · Accessed 20 Oct 2026