Perfect Corp. will release its financial results for the second quarter of 2026 before U.S. markets open on July 27, 2026. The company, listed on the NYSE under the ticker PERF, provides augmented reality (AR) and artificial intelligence (AI) Software-as-a-Service (SaaS) solutions to the beauty and fashion industries.

Founded in 2015, Perfect Corp. offers self-developed AI- and AR-powered solutions aimed at transforming the digital landscape. Its direct-to-consumer business includes a family of YouCam apps and web-editing services for photo, video, and camera users, featuring AI-driven tools for creation, beautification, and enhancement.

On the enterprise side, Perfect Corp. empowers major beauty, skincare, fashion, jewelry, and watch brands and retailers with omnichannel shopping experiences. These include AR product try-ons and AI-powered skin diagnostics, leveraging technologies such as Generative AI, real-time facial and hand 3D AR rendering, and cloud solutions.

The company's solutions are designed to personalize and enhance the shopping journey, helping brands increase customer engagement, boost conversion rates, and drive sales growth. Perfect Corp. also emphasizes environmental sustainability and social responsibility in its operations.

Investors can access more information through the company's investor relations portal. Perfect Corp. maintains a focus on innovation to support its clients in the competitive beauty and fashion markets.

Perfect Corp. has entered into a definitive agreement to be taken private by ProjectNY, an exempted company incorporated in the Cayman Islands controlled by Chairwoman Alice H. Chang. Under the terms of the merger agreement dated July 10, 2026, shareholders will receive US$2.00 in cash per share, excluding Excluded Shares, Continuing Shares, and Dissenting Shares. The transaction represents a premium of approximately 48.1% to the closing price of the Company’s Class A ordinary shares on March 17, 2026, and 39.6% to the volume-weighted average closing price during the 30 trading days prior to that announcement. The merger is expected to close during the last quarter of 2026, subject to shareholder and regulatory approvals.

ProjectNY entered into separate voting and support agreements with Chairwoman Alice H. Chang, her controlled entities GOLDEN EDGE CO., LTD., DVDonet.com. Inc., and World Speed Company Limited, as well as CyberLink International Technology Corp. These parties, collectively holding approximately 53.4% of the total issued and outstanding share capital and 81.2% of the total voting power, have agreed to vote in favor of the merger. The transaction is expected to be funded through available cash of Perfect Corp. and its subsidiaries.

Shareholder Support and Funding

The Continuing Shareholders will not receive cash consideration for their Continuing Shares, which will remain outstanding as ordinary shares of the Surviving Company at the Effective Time. Following the merger, the company will become a privately held entity, and its Class A ordinary shares will no longer be listed on the New York Stock Exchange or registered under the U.S. Securities Exchange Act of 1934.

Transaction Details

Board Approval and Advisors

The Board of Directors of Perfect Corp., acting upon the unanimous recommendation of a special committee of independent and disinterested directors, approved the merger agreement and recommended that shareholders vote to approve the transaction. The special committee negotiated the terms with the assistance of its own financial and legal advisors. Kroll, LLC is serving as financial advisor to the Special Committee, while DLA Piper UK LLP is serving as international legal counsel. Sullivan & Cromwell LLP is acting as U.S. legal counsel to ProjectNY and the supporting parties, and Maples and Calder (Hong Kong) LLP is serving as Cayman Islands legal counsel.