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.
Perfect Corp. (PERF) is identified as the issuer in an amendment reporting that Yi-Chen Huang and Ideal Max Management Limited each beneficially own 0 Class A ordinary shares, or 0% of the class. The cover-page entries show zero sole and shared voting power and zero sole and shared dispositive power for both reporting persons.
Perfect Corp. reported that Hsiao-Chuan Chen, its VP & Head of Fin & Acctg, disposed of 69,932 Class A Ordinary Shares on October 23, 2026, in the going-private transaction, in exchange for $2.00 per share in cash. No Rule 10b5-1 plan is reported.
Two option tranches were canceled: 21,245 options with a $3.95 exercise price and 21,250 options with a $4.93 exercise price. The cancellation terms provide cash only for any excess of the $2.00 merger consideration over an option’s exercise price; both listed exercise prices exceed $2.00, so these options were canceled for no consideration.
Perfect Corp. director Chung-Hui Jih states that, as a result of the issuer's going-private transaction, the reporting person is no longer subject to Section 16 in connection with transactions in Perfect Corp. equity securities and will therefore no longer report such transactions on Form 4 or Form 5.
Perfect Corp. Sr. Vice President & CTO Wei-Hsin Tsen disposed of 762,330 Class A Ordinary Shares on October 23, 2026, in the going-private transaction, in exchange for $2.00 per share in cash; the reported post-transaction direct holding was zero shares. The transaction canceled 38,949 options with a $3.95 exercise price and 42,490 options with a $4.93 exercise price. Because both exercise prices exceeded the $2.00 merger consideration, the options were canceled for no consideration. Perfect Corp. stated that Tsen is no longer subject to Section 16 for issuer-equity transactions and will no longer report them on Forms 4 or 5.
Perfect Corp. EVP & Chief Strategy Officer Pin-Jen Chen disposed of 118,062 Class A Ordinary Shares on October 23, 2026, in the going-private transaction, in exchange for $2.00 per share in cash. The transaction also canceled Chen’s reported options: 44,260 options with a $3.95 exercise price and 53,110 with a $4.93 exercise price were canceled for no consideration; 35,000 options with a $1.84 exercise price were canceled for $0.16 per share in cash. Chen’s reported Class A Ordinary Share holdings after the disposition were 0 shares.
Perfect Corp. director Philip Tsao reported a share disposition and an option cancellation on October 23, 2026, in connection with the going-private transaction. Perfect AA Corp., through which Tsao held the shares, disposed of 5,311 Class A Ordinary Shares for $2.00 per share in cash. Tsao's 26,556 stock options were canceled; their $3.95 exercise price exceeded the $2.00-per-share merger consideration, so they received no consideration. The reported post-transaction positions were 0 shares and 0 options.
Perfect Corp. director Michael Soon Beng Aw’s Form 4 reports no transactions. The remarks state that, as a result of the going-private transaction involving Perfect Corp., he is no longer subject to Section 16 in connection with transactions in the company’s equity securities and will no longer report such transactions on Form 4 or Form 5.
Perfect Corp. CGO and President of Americas Weichuan Liu disposed of 353,471 Class A Ordinary Shares on October 23, 2026, in the going-private transaction, in exchange for $2.00 per share in cash. His reported direct holdings after the transaction were 0 shares.
The transaction also canceled options covering 39,834 shares at a $3.95 exercise price and 39,830 shares at a $4.93 exercise price. Because both exercise prices exceeded the $2.00-per-share merger consideration, the options were canceled for no consideration.
Perfect Corp. director Meng-Shiou Lee will no longer be subject to Section 16 for transactions in the company’s equity securities as a result of the going-private transaction. Lee will no longer report those transactions on Forms 4 or 5.