STOCK TITAN

Perfect Corp. moves to end share, warrant registration

Unexercised warrants remain subject to the warrant agreement and expire at 5:00 p.m. New York City time on October 28, 2027.

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Form Type
15-12G

Rhea-AI Filing Summary

Perfect Corp. filed a Form 15 to terminate registration of its Class A and Class B ordinary shares and warrants. At the merger’s effective time on October 23, 2026, each outstanding whole warrant became exercisable for US$2.00 in cash, subject to valid exercise and payment of the applicable exercise price. The exercise price is temporarily reduced to US$1.999647 for valid exercises through November 23, 2026, then reverts to US$11.50 per whole warrant, subject to adjustment under the warrant agreement. The end of the reduced-price period does not itself cancel unexercised warrants.

Merger-effective warrant cash amount US$2.00 per whole warrant At the effective time of the merger on October 23, 2026
Temporary warrant exercise price US$1.999647 per whole warrant For valid exercises through November 23, 2026
Subsequent warrant exercise price US$11.50 per whole warrant After November 23, 2026, subject to adjustment under the applicable warrant agreement
Warrant contractual expiration October 28, 2027, at 5:00 p.m. New York City time Unexercised warrants remain subject to the applicable warrant agreement
termination of registration regulatory
"notice of termination of registration"
Section 12(g) regulatory
"registration under Section 12(g)"
Section 12(g) is a rule that requires companies to register with the government and share their financial details when they have a certain number of shareholders or assets. It matters because it makes these companies more transparent, helping investors make informed decisions and keeping the markets fair.
exercise price financial
"the exercise price is temporarily reduced"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
warrant agreement financial
"under the applicable warrant agreement"
A warrant agreement is the legal document that lays out the rules for stock warrants — special certificates that let their holder buy company shares at a set price within a certain time. It explains how and when warrants can be exercised, transferred, changed, or canceled, and what happens to them if the company raises money or is sold; investors care because these terms affect potential future ownership, dilution of shares, and the real value of the warrants.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What are the PERF warrant exercise prices after the merger?

At the merger’s effective time on October 23, 2026, each outstanding whole warrant became exercisable for US$2.00 in cash, subject to valid exercise and payment of the applicable exercise price. The exercise price is temporarily reduced to US$1.999647 for valid exercises through November 23, 2026, then reverts to US$11.50 per whole warrant, subject to adjustment under the warrant agreement.

When do unexercised PERF warrants expire?

Unexercised warrants remain subject to the warrant agreement and expire at 5:00 p.m., New York City time, on October 28, 2027.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES 

SECURITIES AND EXCHANGE COMMISSION 

Washington, D.C. 20549

 

FORM 15

 

CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION 

UNDER SECTION 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 

OR SUSPENSION OF DUTY TO FILE REPORTS UNDER SECTIONS 13 AND 15(d) 

OF THE SECURITIES EXCHANGE ACT OF 1934

 

Commission File Number: 001-41540

 

Perfect Corp. 

(Exact name of registrant as specified in its charter)

 

14F, No. 98 Minquan Road Xindian District 

New Taipei City 231 Taiwan 

+886-2-8667-1265 

(Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices)

 

Class A Ordinary Shares, par value $0.10 per share 

Class B Ordinary Shares, par value $0.10 per share 

Warrants 

(Title of each class of securities covered by this Form)

 

None 

(Titles of all other classes of securities for which a duty to file reports under section 13(a) or 15(d) remains)

 

Please place an X in the box(es) to designate the appropriate rule provision(s) relied upon to terminate or suspend the duty to file reports:

 

Rule 12g-4(a)(1) x
Rule 12g-4(a)(2)  
Rule 12h-3(b)(1)(i) x
Rule 12h-3(b)(1)(ii)  
Rule 15d-6  

 

Approximate number of holders of record as of the certification or notice date:

 

Class A Ordinary Shares: Zero (0)* 

Class B Ordinary Shares: Zero (0)* 

Warrants: Forty-six (46)**

 

* At the effective time of the merger of ProjectNY with and into the registrant on October 23, 2026, the continuing shares remained outstanding as ordinary shares, par value $0.10 per share, of the registrant without Class A or Class B designations. The shareholder count is five for those continuing ordinary shares.

 

** At the effective time of the merger on October 23, 2026, each outstanding whole warrant became exercisable for US$2.00 in cash, subject to valid exercise and payment of the applicable exercise price. As disclosed in the registrant’s Form 6-K furnished to the SEC on October 23, 2026, the exercise price is temporarily reduced to US$1.999647 per whole warrant for valid exercises through November 23, 2026. Thereafter, the exercise price reverts to US$11.50 per whole warrant, subject to adjustment under the applicable warrant agreement. The end of the reduced-price period does not itself cancel unexercised warrants, which remain subject to that agreement, including their contractual expiration at 5:00 p.m., New York City time, on October 28, 2027.

 

 

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, Perfect Corp. has caused this certification/notice to be signed on its behalf by the undersigned duly authorized person.

 

  Perfect Corp.
   
Date: November 2, 2026 By: /s/ Alice H. Chang
    Name:  Alice H. Chang
    Title: Chief Executive Officer

 

 

 

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