The merger is complete and the stock is delisting — no further trading in PERF. Monitor the Form 25 and Form 15 filings for the official delisting and deregistration timeline. Holders of warrants should note the 30-day window (through November 23, 2026) to exercise at the reduced price of $1.999647.
Price Chart
Executive Summary
Perfect Corp. has completed its going-private merger, with the merger becoming effective on October 23, 2026. Public shareholders received $2.00 per share in cash, while continuing shareholders (Chairwoman Alice H. Chang and CyberLink International Technology Corp.) retained their stakes in the now-private surviving company. Trading on the NYSE has been suspended, and the company will file Form 25 and Form 15 to delist and deregister its securities.
Key Facts
- Merger consummated on October 23, 2026, with ProjectNY merging into Perfect Corp.
- Public shareholders received $2.00 per share in cash; no consideration for continuing shares.
- CyberLink International Technology Corp. holds 36,960,961 ordinary shares of the surviving company (68.01%).
- Alice H. Chang beneficially owns 17,385,974 ordinary shares (31.99%) through direct and controlled entities.
- Trading on NYSE suspended; Form 25 and Form 15 to be filed for delisting and deregistration.
- Company warrants now exercisable for the $2.00 per share merger consideration with a reduced warrant price of $1.999647 through November 23, 2026.
- All outstanding stock options were cancelled; in-the-money options will receive cash equal to the spread.
Financial Impact
Public shareholders received $2.00 per share in cash; total cash consideration depends on the number of non-continuing shares outstanding. The surviving company is now privately held by continuing shareholders.
Risk Factors
- Dissenting shareholders may seek fair value appraisal under Cayman Islands law, potentially resulting in higher payouts.
- Delisting and deregistration process may take 10-90 days; residual trading or OTC markets may exist briefly.
- No further public filings or liquidity for former PERF shareholders.
Investment Themes
Documents Analyzed
This report is based on 10 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| SC 13D/A Filing (PERF) — Batch item 1 | 0001104659-26-118333 |
| Document: 0001104659-26-118333-index.html | 0001104659-26-118332 |
| Document: 0001104659-26-118333.txt | 0001104659-26-118313 |
| SC 13D/A Filing (PERF) — Batch item 4 | 0001104659-26-118332 |
| Document: 0001104659-26-118332-index.html | 0001104659-26-118333 |
| Document: 0001104659-26-118332.txt | 0001104659-26-118333 |
| SC 13E-3/A Filing (PERF) — Batch item 7 | 0001104659-26-118313 |
| Document: 0001104659-26-118313-index-headers.html | 0001104659-26-118333 |
| Document: 0001104659-26-118313-index.html | 0001104659-26-118333 |
| Document: 0001104659-26-118313.txt | 0001104659-26-118333 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 27, 2026 today | SC 13G/A | $1.99 | awaiting T+60 | — | $1.99 (−0.00%) |
Oct 26, 2026 1d ago | EFFECT | $1.99 | awaiting T+60 | — | $1.99 (+0.00%) |
Oct 23, 2026 4d ago | 25-NSE | $1.99 | awaiting T+60 | — | $1.99 (−0.00%) |
Oct 23, 2026 4d ago | SC 13D/A / SC 13E-3/A | $1.99 | awaiting T+60 | — | $1.99 (+0.00%) |
Oct 23, 2026 4d ago | 6-K | $1.99 | awaiting T+60 | — | $1.99 (+0.00%) |
Oct 19, 2026 8d ago | 6-K | $1.98 | awaiting T+60 | — | $1.99 (+0.51%) |
Sep 24, 2026 4w ago | 6-K | $1.92 | awaiting T+60 | — | $1.99 (+3.65%) |
Aug 26, 2026 8w ago | 6-K | $1.88 | awaiting T+60 | — | $1.99 (+5.85%) |
Jul 27, 2026 13w ago | 6-K | $1.93 $1.99 | ▲ +3.11% | ▼ −0.94% | $1.99 (+3.11%) |
Jul 10, 2026 15w ago | 6-K | $1.92 $1.92 | · 0.00% | ▼ −2.63% | $1.99 (+3.65%) |
US Market Status
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