Perfect Corp to go private in $2-per-share deal led by chairwoman
What's the deal? Perfect Corp., the NYSE-listed maker of AI and augmented reality tools for the beauty, fashion, and creative industries, has agreed to go private in a merger led by chairwoman Alice H. ChangDealroom has a profile for this one. Try Dealroom →. Shareholders will receive $2.00 in cash per share, and the company will delist and become privately held.
The terms: The price marks a premium of roughly 48.1% over Perfect's closing share price on March 17, 2026 — the day before it disclosed the preliminary buyout proposal. It also sits about 39.6% above the stock's volume-weighted average close over the prior 30 trading days.
Why now? The signed agreement follows the non-binding going-private proposal Perfect announced on March 18, 2026. Chang's Cayman Islands vehicle, ProjectNY, will merge into Perfect, which survives as the private entity.
Who backs it? Chang and her controlled entities — Golden Edge Co., DVDonet.com and World Speed Company — plus CyberLinkDealroom has a profile for this one. Try Dealroom → International Technology Corp. have signed voting agreements to support the deal. Together they hold about 53.4% of Perfect's shares and roughly 81.2% of its voting power, giving the transaction a strong path to approval.
The signal: The buyout adds to a run of take-private deals among smaller listed tech firms, where founders and insiders use concentrated voting control to exit public markets. For Perfect, going private removes quarterly scrutiny as it builds out AI-powered tools for beauty and fashion brands.
Read more: Yahoo Finance
