Perfect Corp. NYSE delists warrant class

New York Stock Exchange LLC notified removal of a class of warrants of Perfect Corp. from listing and registration.

Rhea-AI Filing Summary

New York Stock Exchange LLC notified removal of a class of warrants of Perfect Corp. from listing and registration. The notices describe warrants exercisable for one Class A Ordinary Share at an exercise price of $11.50 per share. The Exchange and the issuer certified compliance with the regulatory withdrawal procedures.

Insights

Market Structure Analyst

Form 25 documents an Exchange-led removal of a warrant class; procedural, not an operational update.

The filing records that the New York Stock Exchange LLC complied with 17 CFR 240.12d2-2 procedures to strike the listed warrant class of Perfect Corp. and that the issuer complied with voluntary withdrawal requirements.

Impact depends on secondary-market liquidity and holder decisions; timing and holder treatment are not detailed in the excerpt.

Key Figures

Commission File Number: 001-41540 Warrant exercise price: $11.50 per share Header expiry date: March 31, 2018

3 metrics

Commission File Number 001-41540 Form 25 cover filing

Warrant exercise price $11.50 per share each warrant exercisable for one Class A Ordinary Share

Header expiry date March 31, 2018 document header line

Key Terms

Form 25, 17 CFR 240.12d2-2, withdrawal of registration

3 terms

Form 25 regulatory

"FORM 25 NOTIFICATION OF REMOVAL FROM LISTING"

A Form 25 is an official filing with the U.S. Securities and Exchange Commission used to remove a company's stock or other security from a national exchange list. Investors should care because delisting often means less visibility, lower trading volume and wider price swings—similar to a product moving from a major supermarket to a small local market, which can make buying, selling and valuing the security more difficult.

17 CFR 240.12d2-2 regulatory

"Pursuant to 17 CFR 240.12d2-2(a)(1)"

A U.S. Securities and Exchange Commission rule that describes the conditions and procedural steps for a security to be removed from public registration or reporting under the Securities Exchange Act of 1934. For investors, it matters because it explains when a company’s shares can stop being subject to regular disclosure and exchange listing rules — similar to knowing when a publicly tracked product will be discontinued and no longer send updates, which affects transparency and liquidity.

withdrawal of registration regulatory

"voluntary withdrawal of the class of securities from listing and registration"

FAQ

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

What did Perfect Corp.'s Form 25 filing state?

The filing states the NYSE notified removal of a class of warrants. It notes the warrants are exercisable for one Class A Ordinary Share at an exercise price of $11.50 per share and that procedural rules under 17 CFR 240.12d2-2 were followed.

Which securities were removed from NYSE listing for PERF?

A class of warrants was removed from listing and registration. The document describes the instrument as warrants, each exercisable for one Class A Ordinary Share at $11.50 per share and subject to the Exchange's removal procedures under federal rule.

Who certified the removal on behalf of the Exchange?

The New York Stock Exchange LLC certified the Form 25 and it was signed by Anthony Sozzi, Analyst, Market Watch. The certification states the Exchange had reasonable grounds to file the Form 25 under the Exchange Act procedures.

Does the filing describe proceeds or holder remedies?

The excerpt does not describe proceeds, compensation, or remedies for holders. It focuses on procedural compliance with 17 CFR 240.12d2-2 and the issuer's voluntary withdrawal; no cash‑flow treatment or holder-specific terms are included in the provided text.

What regulatory citation governs this removal?

The removal is governed by 17 CFR 240.12d2-2, with specific subparts cited in the excerpt (a)(1)–(4) and (b)/(c). The filing states the Exchange and issuer complied with those rule provisions for withdrawal from listing and registration.

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

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Accepted by SEC EDGAR 05/01/2026 - 12:47 PM Learn about SEC filing dates

UNITED STATES

OMB APPROVAL

OMB Number:			3235-0080
Expires:	March 31, 2018
Estimated average burden
hours per response:			1.7

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 25

NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION
UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934.

Commission File Number

001-41540

Issuer:	Perfect Corp.
Exchange:	NEW YORK STOCK EXCHANGE LLC

(Exact name of Issuer as specified in its charter, and name of Exchange where security is listed and/or registered)

Address:	No. 98, Minquan Road 14th Floor
	New Taipei City
Telephone number:					886-2-8667-1265

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

Warrants, each exercisable for one Class A Ordinary Share at a price of $11.50 per share

(Description of class of securities)

Please place an X in the box to designate the rule provision relied upon to strike the class of securities from listing and registration:

17 CFR 240.12d2-2(a)(1)

17 CFR 240.12d2-2(a)(2)

17 CFR 240.12d2-2(a)(3)

17 CFR 240.12d2-2(a)(4)

Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied with its rules to strike the class of securities from listing and/or withdraw registration on the Exchange. ¹

Pursuant to 17 CFR 240.12d2-2(c), the Issuer has complied with its rules of the Exchange and the requirements of 17 CFR 240.12d-2(c) governing the voluntary withdrawal of the class of securities from listing and registration on the Exchange.

Pursuant to the requirements fo the Securities Exchange Act of 1934, NEW YORK STOCK EXCHANGE LLC certifies that it has reasonable grounds to believe that it meets all of the requirements for filing the Form 25 and has caused this notification to be signed on its behalf by the undersigned duly authorized person.

2026-05-01	By	Anthony Sozzi		Analyst, Market Watch
Date		Name		Title

¹ Form 25 and attached Notice will be considered compliance with the provisions of 17 CFR 240.19d-1 as applicable. See General Instructions.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.