Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.
Indicate by check mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(1):
Indicate by check mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(7):
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Exhibit 99.1
Perfect Announces Shareholders’ Approval
of Merger Agreement
New York – October 19, 2026 –
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”).
Approximately 68.6% of the Company’s total ordinary shares
issued and outstanding as of the close of business in New York on the record date of September 8, 2026 (the “Record
Date”) were represented in person or by proxy at the extraordinary general meeting. Each shareholder has one vote for each
class A ordinary share and ten votes for each class B ordinary share. These shares represented approximately 87.4% of all votes
attaching to all issued and outstanding shares of the Company as of the Record Date and entitled to vote at the extraordinary general meeting. The Merger Agreement, the Plan of Merger and
the transactions contemplated thereby, including the Merger, were approved by approximately 99.99% of the total votes cast by the
holders of the issued and outstanding shares of the Company present and voting in person or by proxy at the extraordinary general
meeting.
Completion of the Merger is subject to the satisfaction or waiver of
the conditions set forth in the Merger Agreement. The Company will work with the other parties to the Merger Agreement towards satisfying
all other conditions precedent to the Merger set forth in the Merger Agreement and completing the Merger as quickly as possible. If and
when completed, the Merger would result in the Company becoming a privately held company.
About Perfect Corp.
Founded in 2015, Perfect Corp. is a leading AI
company offering self-developed AI- and AR- powered solutions dedicated to transforming the world with digital tech innovations that make
your virtual world beautiful. On Perfect’s direct consumer business side, Perfect operates a family of YouCam consumer apps and
web-editing services for photo, video and camera users, centered on unleashing creativity with AI-driven features for creation, beautification
and enhancement. On Perfect’s enterprise business side, Perfect empowers major beauty, skincare, fashion, jewelry, and watch brands
and retailers by supplying them with omnichannel shopping experiences through AR product try-ons and AI-powered skin diagnostics. With
cutting-edge technologies such as Generative AI, real-time facial and hand 3D AR rendering and cloud solutions, Perfect enables personalized,
enjoyable, and engaging shopping journey and helps brands elevate customer engagement, increase conversion rates, and propel sales growth.
Throughout this journey, Perfect maintains its unwavering commitment to environmental sustainability and fulfilling social responsibilities.
For more information, visit https://ir.perfectcorp.com/.
Forward-Looking Statements
This communication contains forward-looking statements
within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, or the Securities Act, and Section 21E of
the U.S. Securities Exchange Act of 1934, as amended, or the Exchange Act, that are based on beliefs and assumptions and on information
currently available to Perfect. In some cases, forward-looking statements can be identified by words such as may, will, could, would,
should, expect, intend, plan, anticipate, believe, estimate, predict, project, potential, continue, ongoing, target, seek or the negative
or plural of these words, or other similar expressions that are predictions or indicate future events or prospects, although not all forward-looking
statements contain these words. Forward-looking statements in this communication include, without limitation, statements regarding the
proposed Merger, the expected timing and completion of the Merger, the expected funding of the Merger, the expected treatment of the Company’s
ordinary shares, options, warrants, Company Earnout Shares and Continuing Shares, the expected delisting and deregistration of the Company’s
Class A ordinary shares and warrants, and the expected benefits or effects of the Merger. These statements involve risks, uncertainties
and other factors that may cause actual results, levels of activity, performance or achievements to be materially different from those
expressed or implied by these forward-looking statements. Factors that could cause actual results to differ materially include, among
others, risks and uncertainties relating to the ability to complete the Merger on the proposed terms or anticipated timeline or at all;
the possibility that competing offers or acquisition proposals will be made; the possibility that required regulatory approvals or other
consents may not be obtained; the failure to satisfy other conditions to the completion of the Merger; potential litigation relating to
the Merger; the amount of costs, fees, expenses and charges related to the Merger; the effect of the announcement, pendency or completion
of the Merger on the Company’s business, results of operations, financial condition, cash flows, prospects, relationships with customers,
suppliers and employees, operating results and business generally; and other risks and uncertainties described in the Company’s
filings with the SEC. Perfect cannot assure you that the forward-looking statements in this communication will prove to be accurate. There
may be additional risks that Perfect presently does not know or that Perfect currently does not believe are material that could also cause
actual results to differ from those contained in the forward-looking statements. Forward-looking statements speak only as of the date
they are made. Except as required by applicable law, Perfect does not undertake any obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or otherwise.
Investor Relations Contact
Investor Relations, Perfect Corp.
Email: Investor_Relations@PerfectCorp.com
