Perfect Announces Shareholders’ Approval of Merger Agreement
Key Highlights
- ➤Perfect (PERF) shareholders approve merger agreement with approximately 99.99% of votes cast
- ➤68.6% of shares represented, carrying approximately 87.4% of total voting power
- ➤Merger completion remains subject to satisfying or waiving agreement conditions
- ➤Completed merger would make Perfect privately held
Perfect Corp. (NYSE: PERF) (“Perfect” or the “Company”), a leading artificial intelligence (“AI”) company offering AI and augmented reality (“AR”) powered solutions to beauty, fashion, photo and video creative industries, today 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 (the “Merger Agreement”), 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 (“Merger Sub”), the plan of merger required to be filed with the Registrar of Companies of the Cayman Islands (the “Plan of Merger”), and the transactions contemplated thereby, including the Merger (as defined below).
Pursuant to the terms of the Merger Agreement, at the effective time of the Merger, Merger Sub will merge with and into the Company (the “Merger”), with the Company surviving the Merger as the surviving company (the “Surviving Company”).
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